Luna County

Luna County, New Mexico

Effective Tax Rate

0.58%

Median Annual Tax

$648

How Luna County Compares

Median Annual Property Tax

Luna County$648
New Mexico State Average$1,043
National Average$1,924

Luna County

0.58%

Effective rate

New Mexico Avg

0.57%

Effective rate

National Avg

0.91%

Effective rate

Tax by Mortgage Status

With Mortgage

$697

per year

Without Mortgage

$588

per year

Estimate Your Property Tax

$

Annual Tax

$648

Monthly Escrow

$54

Effective Rate

0.58%

vs. New Mexico State Average37.9% below
vs. National Average75.9% below
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Frequently Asked Questions

What is the property tax rate in Luna County, New Mexico?
The effective property tax rate in Luna County, New Mexico is 0.58%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Luna County?
The median annual property tax payment in Luna County is $648. Homeowners with a mortgage pay a median of $697, while those without a mortgage pay $588.
How does Luna County compare to the New Mexico average?
Luna County's effective tax rate of 0.58% is higher than the New Mexico state average of 0.57%. The median annual property tax in Luna County is $648, compared to the state average of $1,043.
What is the median home value in Luna County, New Mexico?
The median home value in Luna County, New Mexico is $112,500, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
How are property taxes calculated in New Mexico?
Property taxes in New Mexico are calculated based on the assessed value of your property multiplied by the local mill levy (tax rate). The assessed value is determined by your county assessor and may differ from market value. Homeowners may qualify for exemptions such as homestead, senior, veteran, or disability exemptions that can reduce the taxable value. Tax rates vary by county and include levies for schools, municipal services, and special districts.

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Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.