Quay County Property Taxes
Quay County, New Mexico
Effective Tax Rate
0.00%
51.4% below state avgMedian Annual Tax
$0
$42/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.62%
At a Glance
Median Home Value
$82,200
State avg ▼ $181,648
Tax w/ Mortgage/yr
$664
$55/mo escrow
Tax w/o Mortgage/yr
$449
$37/mo
State Tax Rate Rank
#25
of 33 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Quay County, New Mexico
Quay's taxes remain below national levels
Quay County's effective tax rate of 0.617% is substantially lower than the national median, with homeowners paying $507 annually on the median property value. This represents approximately 81% less than the national median tax bill of $2,690, positioning Quay among the lowest-taxed counties nationwide.
Quay slightly above state average
Quay County's 0.617% rate runs slightly above New Mexico's state average of 0.595%, reflecting a deliberate local funding strategy for county services. The median tax of $507 remains about 51% below the state median of $1,043, driven by Quay's relatively low median home values of $82,200.
Quay higher than neighbors but reasonable
Quay's 0.617% rate exceeds Mora (0.535%), Luna (0.576%), and Otero (0.563%), making it the highest among this cluster—yet still far below McKinley's 1.889%. For homeowners seeking rural living, Quay offers a modest rate premium that may reflect quality-of-life investments.
Median Quay home: $507 annual tax
On Quay's median home value of $82,200, property owners pay approximately $507 in annual taxes, one of the lowest absolute amounts in the state. Homeowners with mortgages typically pay $664 after insurance and fees, while those owning outright pay around $449.
Appeal your assessment if incorrect
Even with Quay's modest tax rates, homeowners should verify that their assessed values match recent market sales in their neighborhoods. Filing a free assessment appeal with the county can ensure you're not paying extra on an overstated valuation.
How Quay County Compares
Median Annual Property Tax
Quay County
0.62%
Effective rate
New Mexico Avg
0.57%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Quay County, New Mexico?
How much are property taxes in Quay County?
How does Quay County compare to the New Mexico average?
What is the median home value in Quay County, New Mexico?
Why is Quay County property tax rate higher than the New Mexico average?
How does Quay County rank for property taxes in New Mexico?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in New Mexico
Data updated: March 2026
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.