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Angel Fire, Colfax County, New Mexico Property Taxes

  • Median Angel Fire, NM effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but higher than the New Mexico state median of 0.86%.

  • Median Angel Fire, NM home value: $249,902

  • Median annual Angel Fire, NM tax bill: $2,354, $46 lower than the national median property tax bill of $2,400.

How are property taxes in Colfax County calculated?

Property taxes in Angel Fire, 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 Angel Fire’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Angel Fire, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Angel Fire, Colfax County, New Mexico Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.99%

Estimate Property Tax Bill

$2,671

$2,478

Ownwell’s Angel Fire Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Angel Fire with just two data points.

By entering your property's estimated assessed value, our calculator applies Angel Fire’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 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 Colfax County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Angel Fire, Colfax County, New Mexico

Local government entities set tax rates, which can vary widely within a state. 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.

In Angel Fire, located in Colfax County, the property tax rate is at 1.00%, aligning with the highest and lowest median tax rates within the area. This rate is slightly below the national median property tax rate of 1.02%, offering a modest advantage to property owners in Angel Fire. The median property tax bill in the U.S. stands at $2400, which provides a useful benchmark when evaluating local property tax obligations. Angel Fire's effective tax rate demonstrates how property taxes can be relatively consistent within certain regions, while still offering an opportunity for savings compared to national averages. Comparing Angel Fire’s rate to other cities in New Mexico and the median property tax rates in the state and the U.S. can provide valuable insights for homeowners and prospective buyers.

Property Tax Rates Across Angel Fire, 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 Angel Fire Tax Rate

0.99%

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

1.02%

Property Tax Rates Across Angel Fire, Colfax County, New Mexico

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
877100.67%0.99%0.99%0.99%0.99%

Source: Ownwell

Property Tax Assessment Values Across Angel Fire, Colfax County, New Mexico

When examining property taxes in Angel Fire, 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 Colfax 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.

In Colfax 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 Angel Fire.

For example, the median home price in Angel Fire is $249,902, with tax bills ranging significantly across the county. Zip code 87710 has the highest median home price at $249,932.

Property Tax Assessment Values Across Angel Fire, Colfax County, New Mexico

Source: Ownwell

$40,584

$155,174

$269,764

Median Angel Fire Market Value

$269,764

Median Colfax County Market Value

$87,627

Median New Mexico Market Value

$129,686

Median United States Market Value

$235,294

Property Tax Assessment Values Across Angel Fire, Colfax County, New Mexico

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
87710$70,647$130,660$269,764$396,581$583,078

Source: Ownwell

Property Tax Bills Across Angel Fire, Colfax County, New Mexico

In Angel Fire, located in Colfax County, NM, property tax bills are determined based on the assessed value of a home. The assessed value is a percentage of the market value, which is then multiplied by the local tax rate to calculate the tax bill. Factors such as property size, location, and market conditions influence the assessed value. Homeowners in Angel Fire face property tax bills that range significantly, with the 25th percentile at $1,011 and the 90th percentile reaching $4,893. The median tax bill in the area is $2,354, slightly below the national median of $2,400, despite the national median property tax rate being 1.02%. This financial obligation can have a substantial impact on homeowners, affecting their overall budget and financial planning. Ownwell assists homeowners by offering property tax appeal and exemption services, potentially reducing their tax burden. By leveraging expertise and local knowledge, Ownwell can identify opportunities for savings, ensuring homeowners pay only their fair share of property taxes.

Property Tax Bills Across Angel Fire, Colfax County, New Mexico

Source: Ownwell

$396

$1,487

$2,577

Median Angel Fire Tax Bill

$2,577

Median Colfax County Tax Bill

$754

Median New Mexico Tax Bill

$1,249

Median United States Tax Bill

$2,400

Property Tax Bills Across Angel Fire, Colfax County, New Mexico

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
87710$684$1,185$2,577$3,876$5,590

Source: Ownwell

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