Colfax County, New Mexico Property Taxes

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Property Taxes in Colfax County, New Mexico

Median Colfax County effective property tax rate: 0.93%, significantly lower than the national median of 1.02%.
Median Colfax County home value: $87,627
Median annual Colfax County tax bill: $754, $1,646 lower than the national median property tax bill of $2,400.

How are property taxes in Colfax County calculated?

Property taxes in Colfax 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 Colfax County or another part of Colfax County, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Colfax County, New Mexico Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.93%

Estimate Property Tax Bill

$815

$756

How Does the Colfax County Property Tax Calculator Work?

Use this Colfax County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Colfax County's median effective tax rate of 0.93% to generate your estimate.

Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.

Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Colfax County's median tax rate is lower than the New Mexico median tax rate of 0.85%, and the county's median tax bill of $754 is lower than the national median property tax bill of $2,400.

For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Colfax County.

Property Tax Rates Across Colfax County, New Mexico

What Are Effective Property Tax Rates Across Colfax County?

Local government entities set tax rates, which vary widely across Colfax 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 Colfax County's effective property tax rate to other counties in New Mexico or the U.S. median of 1.02%.

Colfax County's median effective rate stands at 0.93%, which is lower than the national median of 1.02%. Within Colfax County, the highest rate is found in Maxwell at 1.23%, while Ute Park has the lowest at 0.67%.

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 Rates Across Colfax County, New Mexico

Source: Ownwell

0.67%

0.95%

1.23%

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 Colfax County Tax Rate

0.93%

Median Effective New Mexico Tax Rate

0.85%

Median Effective United States Tax Rate

1.27%

Property Tax Rates Across Colfax County, New Mexico

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Angel Fire	0.67%	0.99%	0.99%	0.99%	0.99%
Cimarron	0.67%	0.80%	0.87%	0.87%	0.91%
Eagle Nest	0.67%	0.67%	0.67%	0.73%	0.73%
Maxwell	0.90%	1.04%	1.23%	1.29%	1.29%
Miami	0.65%	0.82%	0.86%	0.86%	0.86%
Raton	0.70%	0.81%	0.93%	0.93%	0.93%
Springer	0.78%	0.94%	1.07%	1.07%	1.13%
Ute Park	0.67%	0.67%	0.67%	0.67%	0.67%
Capulin	N/A	N/A	N/A	N/A	N/A
Gladstone	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Colfax County, New Mexico

When examining property taxes in Colfax 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 Colfax County assessor 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 Colfax County, assessment notices are sent in April 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 Colfax County.

For example, the median tax bill in Colfax County is $754, with tax bills ranging significantly across the county. Angel Fire has the highest median home price at $269,764.

Property Tax Assessment Values Across Colfax County, New Mexico

Source: Ownwell

$40,584

$155,174

$269,764

Median Colfax County Market Value

$87,627

Median New Mexico Market Value

$129,686

Median United States Market Value

$274,101

Property Tax Assessment Values Across Colfax County, New Mexico

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Angel Fire	$70,647	$130,660	$269,764	$396,581	$583,078
Cimarron	$8,295	$18,947	$52,575	$88,278	$145,004
Eagle Nest	$18,362	$43,151	$78,970	$151,314	$256,874
Maxwell	$4,476	$17,703	$40,584	$69,902	$113,062
Miami	$33,831	$57,260	$108,396	$176,394	$208,363
Raton	$10,574	$34,354	$65,573	$109,629	$176,762
Springer	$9,461	$25,824	$46,340	$69,792	$97,203
Ute Park	$33,932	$58,399	$85,717	$129,251	$197,950
Capulin	N/A	N/A	N/A	N/A	N/A
Gladstone	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Colfax County, New Mexico

Property tax bills in Colfax County are based on a home’s assessed value, which is then multiplied by the local tax rate to determine the amount owed. The assessed value is influenced by the market value of the property, so changes in the local real estate market can affect a homeowner’s bill even if nothing changes about the home itself.

With a median home price of $87,627, many property owners in Colfax County see bills that are lower than the national median property tax bill of $2,400. The county’s tax burden can still vary widely, with bills at the 25th percentile at $361 and at the 75th percentile at $1,790. At the high end, the 90th percentile reaches $3,644.

This means homeowners may pay very different amounts depending on where they live and how their property is assessed. A higher assessed value generally leads to a higher tax bill, which can increase annual housing costs and affect affordability.

Property Tax Bills Across Colfax County, New Mexico

Source: Ownwell

$396

$1,487

$2,577

Median Colfax County Tax Bill

$754

Median New Mexico Tax Bill

$1,249

Median United States Tax Bill

$3,209

Property Tax Bills Across Colfax County, New Mexico

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Angel Fire	$684	$1,185	$2,577	$3,876	$5,590
Cimarron	$60	$143	$417	$730	$1,169
Eagle Nest	$123	$290	$543	$1,033	$1,821
Maxwell	$43	$137	$396	$748	$1,047
Miami	$218	$339	$489	$1,323	$1,603
Raton	$76	$277	$550	$909	$1,392
Springer	$63	$223	$441	$647	$947
Ute Park	$229	$394	$583	$865	$1,321
Capulin	N/A	N/A	N/A	N/A	N/A
Gladstone	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	May 1

Links
Colfax Tax Assessor
Website	68.66.87.241

Frequently Asked Property Tax Questions in Colfax County, New Mexico

How are property taxes calculated in Colfax County, New Mexico?

Property taxes in Colfax County, New Mexico are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Colfax County, New Mexico?

To appeal your property taxes in Colfax County, New Mexico, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Colfax County, New Mexico?

Common property tax exemptions in Colfax County, New Mexico include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Colfax County, New Mexico?

Property tax deadlines in Colfax County, New Mexico vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Colfax County, New Mexico?

Ownwell provides professional property tax appeal services in Colfax County, New Mexico. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.