Winston, Catron County, New Mexico Property Taxes
Median WINSTON, NM effective property tax rate: 0.56%, significantly lower than the national median of 1.02%, but lower than the New Mexico state median of 0.86%.
Median WINSTON, NM home value: $175,635
Median annual WINSTON, NM tax bill: $1,231, $1,169 lower than the national median property tax bill of $2,400.
How are property taxes in Catron calculated?
Property taxes in WINSTON, NM 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 WINSTON’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in WINSTON, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Winston, Catron County, New Mexico Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.56%
Estimate Property Tax Bill
$984
$913
Property Tax Rates Across Winston, Catron County, New Mexico
Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Winston, located in Catron County, New Mexico, the effective property tax rate is 0.56%. This rate is significantly lower than the national median property tax rate of 1.02%. Residents benefit from this lower rate, which can result in more manageable tax bills compared to other regions. The median property tax bill in Winston is also likely more affordable than the national median of $2,400.
Comparing Winston's effective property tax rate to other cities in New Mexico, it remains competitive, offering residents a favorable tax environment. This lower tax rate may contribute to a more attractive living situation for homeowners, potentially making Winston a desirable place for property investment.
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 Winston Tax Rate
0.56%
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 Winston, Catron County, New Mexico
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
87943 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Winston, Catron County, New Mexico
When examining property taxes in Winston, NM, 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 Appraisal District 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.
In Catron County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Winston.
For example, the median home price in Winston is $175,635, with tax bills ranging significantly across the county.
Median Winston Market Value
$175,635
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 Winston, Catron County, New Mexico
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
87943 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Winston, Catron County, New Mexico
Median Winston Tax Bill
$1,231
Median Catron County Tax Bill
$300
Median New Mexico Tax Bill
$1,192
Median United States Tax Bill
$2,400
Property Tax Bills Across Winston, Catron County, New Mexico
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
87943 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell