San Miguel, Doaana County, New Mexico Property Taxes

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

Median SAN MIGUEL, NM effective property tax rate: 1.02%, matching the national median of 1.02%, but slightly higher than the New Mexico state median of 0.86%.
Median SAN MIGUEL, NM home value: $79,618
Median annual SAN MIGUEL, NM tax bill: $754, $1,646 lower than the national median property tax bill of $2,400.

How are property taxes in DoaAna calculated?

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

Last Updated March 1, 2025

San Miguel, Doaana County, New Mexico Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.02%

Estimate Property Tax Bill

$812

$754

Ownwell’s SAN MIGUEL Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in SAN MIGUEL with just two data points. By entering your property's estimated assessed value, our calculator applies SAN MIGUEL’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 35013. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across San Miguel, Doaana County, New Mexico

Local government entities determine tax rates, and these can differ significantly within a state. This variation occurs because each county annually estimates the budget needed to provide services. They then divide this budget by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the yearly process.

For instance, the effective property tax rate in San Miguel, located in Doña Ana County, New Mexico, can be compared to other cities within the state and the median property tax rates in New Mexico and the U.S. This comparison reveals how San Miguel's tax rate aligns with both state and national figures. Understanding these differences is crucial for property owners, as it impacts their annual tax bills. New Mexico's property tax rates can be an attractive aspect for property owners, especially in regions where the rates are lower than the national median. By examining these rates, property owners can make informed decisions about their investments and manage their finances effectively.

Property Tax Rates Across San Miguel, Doaana County, New Mexico

Source: Ownwell

0.35%

0.84%

1.33%

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 San Miguel Tax Rate

1.02%

Median Effective Doaana County Tax Rate

1.02%

Median Effective New Mexico Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across San Miguel, Doaana County, New Mexico

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
88058	0.86%	0.95%	1.02%	1.02%	1.02%

Source: Ownwell

Property Tax Assessment Values Across San Miguel, Doaana County, New Mexico

When examining property taxes in San Miguel, 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 DoaAna 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 DoaAna 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 San Miguel.

For example, the median home price in San Miguel is $79,618, with tax bills ranging significantly across the county. The zip code 88058 has the highest median home price at $79,618.

Property Tax Assessment Values Across San Miguel, Doaana County, New Mexico

Source: Ownwell

$5,000

$127,698

$250,395

Median San Miguel Market Value

$79,618

Median Doaana County Market Value

$120,428

Median New Mexico Market Value

$121,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across San Miguel, Doaana County, New Mexico

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
88058	$21,834	$37,551	$79,618	$112,419	$173,844

Source: Ownwell

Property Tax Bills Across San Miguel, Doaana County, New Mexico

In San Miguel, NM, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor’s office. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $79,618, homeowners in San Miguel can expect a median tax bill of around $754, which is significantly lower than the national median property tax bill of $2,400. Factors such as property size, location, and improvements can affect the assessed value, and consequently, the tax bill. For homeowners, this means that any change in the assessed value directly impacts their financial obligations. Ownwell offers property tax appeal services, helping homeowners potentially reduce their tax bills by ensuring their property is not over-assessed. By analyzing assessment data and identifying discrepancies, Ownwell can assist homeowners in appealing their property taxes, potentially leading to significant savings and a more manageable tax bill.

Property Tax Bills Across San Miguel, Doaana County, New Mexico

Source: Ownwell

$32

$1,293

$2,554

Median San Miguel Tax Bill

$754

Median Doaana County Tax Bill

$1,201

Median New Mexico Tax Bill

$1,192

Median United States Tax Bill

$2,400

Property Tax Bills Across San Miguel, Doaana County, New Mexico

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
88058	$204	$327	$754	$1,090	$1,731

Source: Ownwell

Don't miss the deadline to appeal!

Dates

Links
DoaAna Tax Assessor
Website	assessor.donaanacounty.org