Catron County, New Mexico Property Taxes

Name: Property Tax Bills Across Catron County, New Mexico
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Catron County effective property tax rate: 0.58%, significantly lower than the national median of 1.02%.
Median Catron County home value: $24,375
Median annual Catron County tax bill: $300, $2,100 lower than the national median property tax bill of $2,400.

How are property taxes in Catron County calculated?

Property taxes in Catron County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Reserve or another part of Catron County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Catron County, New Mexico Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.58%

Estimate Property Tax Bill

$141

$131

Ownwell’s Catron County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Catron County with just two data points. By entering your property's estimated assessed value, our calculator applies Catron County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Catron County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Catron County, New Mexico

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Catron County's effective property tax rate to other counties in New Mexico or the U.S. median property tax rate. Catron County has an effective property tax rate of 0.58%, significantly lower than the national median property tax rate of 1.02%. This means that property owners in Catron County enjoy a relatively lower tax burden compared to the national average. In terms of property tax bills, homeowners in Catron County are likely to pay less than the national median property tax bill of $2,400. This lower tax rate can make Catron County an attractive option for property owners seeking to minimize their property tax expenses while still enjoying the benefits of local government services.

Property Tax Rates Across Catron County, New Mexico

Source: Ownwell

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Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Catron County Tax Rate

0.58%

Median Effective New Mexico Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Catron County, New Mexico

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Aragon	N/A	N/A	N/A	N/A	N/A
Datil	N/A	N/A	N/A	N/A	N/A
Glenwood	N/A	N/A	N/A	N/A	N/A
Luna	N/A	N/A	N/A	N/A	N/A
Pie Town	N/A	N/A	N/A	N/A	N/A
Quemado	N/A	N/A	N/A	N/A	N/A
Reserve	N/A	N/A	N/A	N/A	N/A
Winston	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Catron County, New Mexico

When examining property taxes in Catron County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Catron County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Catron County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Catron County. For example, the median tax bill in Catron County is $243.75, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Catron County, New Mexico

Source: Ownwell

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Median Catron County Market Value

$24,375

Median New Mexico Market Value

$121,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Catron County, New Mexico

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Aragon	N/A	N/A	N/A	N/A	N/A
Datil	N/A	N/A	N/A	N/A	N/A
Glenwood	N/A	N/A	N/A	N/A	N/A
Luna	N/A	N/A	N/A	N/A	N/A
Pie Town	N/A	N/A	N/A	N/A	N/A
Quemado	N/A	N/A	N/A	N/A	N/A
Reserve	N/A	N/A	N/A	N/A	N/A
Winston	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Catron County, New Mexico

In Catron County, NM, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the county's tax rate to calculate the annual property tax bill. The median home price in Catron County is significantly lower than the national median, with the tax bill reflecting this difference. Homeowners in Catron County typically pay a lower property tax bill, with the 25th percentile tax bill at $141 and the 75th percentile reaching $604. Even at the 90th percentile, the tax bill is $968, which is still below the national median property tax bill of $2400. This relatively low property tax burden can make homeownership more affordable, allowing residents to allocate more of their income towards other expenses or investments. However, it's important for homeowners to understand that changes in assessed value or tax rates can impact their annual tax obligations, potentially affecting their financial planning and overall cost of living.

Property Tax Bills Across Catron County, New Mexico

Source: Ownwell

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Median Catron County Tax Bill

$300

Median New Mexico Tax Bill

$1,192

Median United States Tax Bill

$2,400

Property Tax Bills Across Catron County, New Mexico

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Aragon	N/A	N/A	N/A	N/A	N/A
Datil	N/A	N/A	N/A	N/A	N/A
Glenwood	N/A	N/A	N/A	N/A	N/A
Luna	N/A	N/A	N/A	N/A	N/A
Pie Town	N/A	N/A	N/A	N/A	N/A
Quemado	N/A	N/A	N/A	N/A	N/A
Reserve	N/A	N/A	N/A	N/A	N/A
Winston	N/A	N/A	N/A	N/A	N/A

Source: Ownwell