Grant County, New Mexico Property Taxes
Property Taxes in Grant County, New Mexico
Median Grant County effective property tax rate: 0.61%, significantly lower than the national median of 1.02%.
Median Grant County home value: $61,450
Median annual Grant County tax bill: $400, lower than the national median property tax bill of $2,400.
How are property taxes in Grant County calculated?
Property taxes in Grant 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.
Why are Grant County property taxes so low? The median effective property tax rate of 0.61% is also lower than the state median tax rate of 0.85%.
What does the typical homeowner pay in Grant County? The median annual tax bill is $400, which is $2,000 lower than the national median property tax bill.
Understanding Grant County’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Grant County or another part of the county, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Grant County, New Mexico Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.61%
Estimate Property Tax Bill
$375
$348
How Does the Grant County Property Tax Calculator Work?
Use this Grant County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Grant County's median effective tax rate of 0.61% 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.
Grant County's median effective tax rate is lower than New Mexico's 0.85% median rate and well below the national median property tax rate of 1.02%. The county's median property tax bill is $400, compared with the national median property tax bill of $2,400.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Grant County.
Property Tax Rates Across Grant County, New Mexico
What Are Effective Property Tax Rates Across Grant County?
Local government entities set tax rates, which vary widely across Grant 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 Grant County's effective property tax rate to other counties in New Mexico or the U.S. median of 1.02%.
Grant County's median effective rate stands at 0.61%, which is lower than the national median of 1.02%. Within Grant County, the highest rate is found in BAYARD at 0.81%, while TYRONE has the lowest at 0.51%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill Ă· 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 Grant County Tax Rate
0.61%
Our median effective property tax rate (tax bill Ă· 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 New Mexico Tax Rate
0.85%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Grant County, New Mexico
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arenas Valley | 0.49% | 0.51% | 0.54% | 0.56% | 0.68% |
| Bayard | 0.62% | 0.76% | 0.81% | 0.81% | 0.85% |
| Buckhorn | 0.45% | 0.51% | 0.52% | 0.54% | 0.54% |
| Cliff | 0.49% | 0.51% | 0.54% | 0.56% | 0.68% |
| Faywood | 0.60% | 0.65% | 0.65% | 0.68% | 0.69% |
| Gila | 0.51% | 0.54% | 0.62% | 0.68% | 0.71% |
| Hanover | 0.58% | 0.65% | 0.65% | 0.68% | 0.71% |
| Hurley | 0.61% | 0.65% | 0.80% | 0.80% | 0.80% |
| Mimbres | 0.52% | 0.62% | 0.65% | 0.68% | 0.69% |
| Mule Creek | 0.49% | 0.51% | 0.53% | 0.54% | 0.55% |
| Pinos Altos | 0.49% | 0.51% | 0.51% | 0.54% | 0.57% |
| Redrock | 0.37% | 0.50% | 0.54% | 0.55% | 0.58% |
| San Lorenzo | 0.58% | 0.65% | 0.65% | 0.68% | 0.69% |
| Santa Clara | 0.62% | 0.75% | 0.75% | 0.75% | 0.79% |
| Silver City | 0.50% | 0.52% | 0.58% | 0.61% | 0.61% |
| Tyrone | 0.48% | 0.51% | 0.51% | 0.51% | 0.51% |
| Fort Bayard | N/A | N/A | N/A | N/A | N/A |
| Hachita | N/A | N/A | N/A | N/A | N/A |
| Lordsburg | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Grant County, New Mexico
When examining property taxes in Grant 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 Grant 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.
Assessment notices:
In Grant 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 Grant County.
For example, the median tax bill in Grant County is $400, well below the national median property tax bill of $2400. Cliff has the highest median tax bill at $735, while Mule Creek has the highest median home price at $137584.
Median Grant County Market Value
$61,450
Median New Mexico Market Value
$129,686
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grant County, New Mexico
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arenas Valley | $3,882 | $6,892 | $47,929 | $146,086 | $241,645 |
| Bayard | $3,867 | $8,672 | $31,500 | $68,916 | $99,056 |
| Buckhorn | $7,844 | $22,846 | $79,370 | $160,953 | $244,449 |
| Cliff | $7,440 | $33,913 | $132,110 | $208,929 | $282,520 |
| Faywood | $6,373 | $20,055 | $58,729 | $121,604 | $222,851 |
| Gila | $8,544 | $28,819 | $84,504 | $139,057 | $216,564 |
| Hanover | $1,803 | $4,333 | $27,504 | $82,950 | $205,062 |
| Hurley | $5,000 | $18,552 | $49,921 | $76,207 | $102,000 |
| Mimbres | $8,072 | $25,000 | $95,850 | $157,147 | $232,216 |
| Mule Creek | $31,068 | $75,008 | $137,584 | $192,216 | $336,157 |
| Pinos Altos | $5,169 | $24,984 | $104,689 | $179,100 | $275,330 |
| Redrock | $8,181 | $26,094 | $88,464 | $190,586 | $262,260 |
| San Lorenzo | $3,000 | $14,906 | $57,289 | $143,362 | $240,041 |
| Santa Clara | $3,881 | $6,900 | $11,050 | $51,606 | $97,474 |
| Silver City | $4,331 | $10,893 | $89,220 | $176,809 | $269,036 |
| Tyrone | $89,194 | $98,431 | $118,009 | $146,092 | $188,146 |
| Fort Bayard | N/A | N/A | N/A | N/A | N/A |
| Hachita | N/A | N/A | N/A | N/A | N/A |
| Lordsburg | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Grant County, New Mexico
Property tax bills in Grant County, New Mexico are based on the assessed value of a home, not its market price. Local taxing authorities apply their tax rates to that assessed value to determine the final bill, so two homes with similar market values can still owe different amounts if their assessments differ. Factors such as location, property characteristics, and any applicable exemptions can all affect the amount a homeowner pays.
With a median home price of $61,450, property taxes in Grant County can vary widely. The 25th percentile tax bill is $62, while the 75th percentile reaches $852 and the 90th percentile climbs to $1,341. That spread shows how much assessments and local tax rates can influence the final amount. Homeowners in Cliff have the highest median tax bill at $735.00, while Hanover has the lowest at $176.00. For many homeowners, understanding how the bill is calculated is the first step toward spotting savings.
Median Grant County Tax Bill
$400
Median New Mexico Tax Bill
$1,249
Median United States Tax Bill
$2,400
Property Tax Bills Across Grant County, New Mexico
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arenas Valley | $22 | $43 | $283 | $822 | $1,358 |
| Bayard | $29 | $66 | $234 | $526 | $782 |
| Buckhorn | $39 | $131 | $402 | $805 | $1,283 |
| Cliff | $49 | $227 | $735 | $1,170 | $1,591 |
| Faywood | $39 | $131 | $379 | $784 | $1,526 |
| Gila | $53 | $181 | $506 | $877 | $1,267 |
| Hanover | $12 | $32 | $176 | $560 | $1,358 |
| Hurley | $36 | $136 | $362 | $577 | $759 |
| Mimbres | $46 | $156 | $601 | $1,014 | $1,505 |
| Mule Creek | $156 | $404 | $717 | $1,031 | $1,738 |
| Pinos Altos | $26 | $129 | $589 | $972 | $1,467 |
| Redrock | $33 | $107 | $404 | $916 | $1,411 |
| San Lorenzo | $20 | $104 | $389 | $929 | $1,583 |
| Santa Clara | $26 | $50 | $79 | $358 | $712 |
| Silver City | $24 | $63 | $507 | $999 | $1,483 |
| Tyrone | $450 | $492 | $594 | $731 | $953 |
| Fort Bayard | N/A | N/A | N/A | N/A | N/A |
| Hachita | N/A | N/A | N/A | N/A | N/A |
| Lordsburg | 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 | |
|---|---|
| Grant Tax Assessor | |
| Website | assessor.grantcountynm.com |