Sierra County Property Taxes
Sierra County, New Mexico
Effective Tax Rate
0.00%
24% below state avgMedian Annual Tax
$0
$66/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.55%
At a Glance
Median Home Value
$144,800
State avg ▼ $181,648
Tax w/ Mortgage/yr
$880
$73/mo escrow
Tax w/o Mortgage/yr
$755
$63/mo
State Tax Rate Rank
#16
of 33 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Sierra County, New Mexico
Sierra County offers very low tax rates
Sierra County's effective tax rate of 0.548% falls well below the national median of 0.79%, placing it in the bottom third of U.S. counties for tax burden. At just $793 in annual property taxes on a median home valued at $144,800, Sierra residents enjoy some of the nation's most modest property tax bills.
Below-average taxes in New Mexico
Sierra County's 0.548% rate runs slightly below New Mexico's state average of 0.595%, landing it in the lower tier of state counties. The median tax bill of $793 is roughly 24% below the state average of $1,043, reflecting both low rates and rural home values.
Sierra taxes similar to Socorro and San Miguel
Sierra's 0.548% rate closely matches Socorro County (0.553%) and San Miguel County (0.558%), grouping these rural southern counties as moderate-tax jurisdictions. All three substantially undercut Sandoval County (0.760%) and offer lower absolute taxes than more developed areas like Santa Fe.
Annual property taxes average $793
On Sierra County's median home value of $144,800, the effective tax rate of 0.548% translates to approximately $793 per year in property taxes. Homeowners with mortgages typically pay $880 annually, while those without mortgages pay around $755.
Verify your assessment for accuracy
Even with Sierra County's already-low tax rates, some homeowners may still be overassessed relative to their home's market value. Filing an appeal with the county assessor is free and could provide additional savings.
How Sierra County Compares
Median Annual Property Tax
Sierra County
0.55%
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 Sierra County, New Mexico?
How much are property taxes in Sierra County?
How does Sierra County compare to the New Mexico average?
What is the median home value in Sierra County, New Mexico?
Is Sierra County a low property tax area in New Mexico?
How does Sierra 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.