Catron County, New Mexico Property Taxes

What Are Effective Property Tax Rates Across Catron County?

Local government entities set tax rates, which vary widely across Catron County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.

Below, compare Catron County's effective property tax rate to other counties in New Mexico or the U.S. median of 1.02%.

Catron County's median effective rate stands at 0.60%, which is lower than the national median of 1.02%. Within Catron County, the highest rate is found in {cityname} at {highestcityrate}%, while {cityname} has the lowest at {lowestcityrate}%.

These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.

Property tax bills in Catron County are calculated from the assessed value of a home and the local tax rate applied to that value. When a property’s market value changes, the assessed value can change as well, which can affect the final tax bill. Homeowners with higher-value properties generally pay more, while lower-value homes tend to have smaller bills.

In Catron County, the median home price is $25,071, and property tax bills are relatively low compared with the national median property tax bill of $2,400. The 25th percentile tax bill is $150, the 75th percentile is $631, and the 90th percentile is $1,030. These figures show that many homeowners in the county pay well below the national median property tax rate of 1.02%.

Because property taxes are tied to assessed value, even small changes in a home’s valuation can affect what a homeowner owes each year.