Taos County Property Taxes

Taos County, New Mexico

Effective Tax Rate

0.00%

11.6% above state avg

Median Annual Tax

$0

$97/mo escrow

#1 of 33 counties in New Mexico

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.33%

vs. New Mexico Avg11.6% above
vs. National Avg56.7% below

At a Glance

Median Home Value

$354,000

State avg $181,648

Tax w/ Mortgage/yr

$1,461

$122/mo escrow

Tax w/o Mortgage/yr

$974

$81/mo

State Tax Rate Rank

#1

of 33 counties (1 = lowest)

Data Story

About Property Taxes in Taos County, New Mexico

Taos offers the nation's lowest tax rates

Taos County's effective tax rate of 0.329% ranks among the lowest in the entire United States, sitting far below the national median of 0.79%. Despite a median home value of $354,000—26% above the national average—Taos residents pay just $1,164 annually, well below the national median of $2,690.

Taos has New Mexico's second-lowest rate

Taos County's 0.329% effective tax rate is the second-lowest in New Mexico, trailing only Santa Fe County (0.506%), and represents a remarkable 45% discount versus the state average of 0.595%. This exceptionally favorable rate makes Taos a tax haven within the state.

Taos taxes are unmatched in the region

Taos's 0.329% rate is the lowest among all northern New Mexico counties, beating San Miguel (0.558%), Sandoval (0.760%), and all other regional peers by substantial margins. Only Santa Fe County comes close with a 0.506% rate, making both northern counties exceptionally tax-friendly.

Premium properties, minimal tax bills

On a median home value of $354,000, Taos's 0.329% effective rate means approximately $1,164 in annual property taxes. Homeowners with mortgages typically pay $1,461 yearly, while those without mortgages pay around $974.

Even Taos homeowners should check assessments

Taos's remarkably low rates don't guarantee accurate assessments; some homeowners may still carry valuations exceeding market worth. Reviewing your assessment or filing an appeal with the county is a simple way to confirm you're paying fairly.

How Taos County Compares

Median Annual Property Tax

Taos County$1,164
New Mexico State Average$1,043
National Average$1,924

Taos County

0.33%

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 Taos County, New Mexico?
The effective property tax rate in Taos County, New Mexico is 0.33%. 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 Taos County?
The median annual property tax payment in Taos County is $1,164. Homeowners with a mortgage pay a median of $1,461, while those without a mortgage pay $974.
How does Taos County compare to the New Mexico average?
Taos County's effective tax rate of 0.33% is lower than the New Mexico state average of 0.57%. The median annual property tax in Taos County is $1,164, compared to the state average of $1,043.
What is the median home value in Taos County, New Mexico?
The median home value in Taos County, New Mexico is $354,000, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Taos County a low property tax area in New Mexico?
Yes — Taos County's effective property tax rate of 0.33% is below the New Mexico average of 0.57%. The median annual property tax of $1,164 is also comparable to the state average of $1,043, making it a relatively affordable area for property taxes.
How does Taos County rank for property taxes in New Mexico?
Taos County ranks #1 out of 33 counties in New Mexico by effective property tax rate (1 = lowest). With a rate of 0.33% and median annual tax of $1,164, it falls in the lower third of counties statewide.

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.