Hurley, Grant County, New Mexico Property Taxes
Property Taxes in Hurley, New Mexico
Median Hurley, New Mexico effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, and lower than the New Mexico state median of 0.85%.
Median Hurley, New Mexico home value: $49,921
Median annual Hurley, New Mexico tax bill: $362, $2,038 lower than the national median property tax bill of $2,400.
How are property taxes in Grant calculated?
Property taxes in Hurley, New Mexico 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 Hurley's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hurley, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Hurley, Grant County, New Mexico Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.8%
Estimate Property Tax Bill
$399
$371
How Does the Hurley Property Tax Calculator Work?
Use this Hurley property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hurley's median effective tax rate of 0.80% — based on actual property records in Grant County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Hurley's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Hurley: rates are the same across the city, with $362 as the median property tax bill in 88043.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Hurley.
About Hurley Property Taxes
About Property Taxes in Hurley, Grant, New Mexico
Hurley's median effective property tax rate of 0.80% is lower than the New Mexico state median of 0.85% and lower than the national median of 1.02%. This rate reflects the Grant County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Hurley. Homeowners in ZIP code 88043 carry a median effective rate of 0.80%, while those in the same ZIP code also pay 0.80%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Grant County. Understanding which part of Hurley you live in can make a meaningful difference to your annual tax bill.
Hurley homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the May 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Hurley, Grant County, New Mexico
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, 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.
Below, you can compare Hurley's effective property tax rate to other cities in New Mexico and the median property tax rates in New Mexico and the U.S.
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 Hurley Tax Rate
0.80%
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 Grant County Tax Rate
0.61%
Median Effective New Mexico Tax Rate
0.85%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hurley, Grant County, New Mexico
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 88043 | 0.61% | 0.65% | 0.80% | 0.80% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across Hurley, Grant County, New Mexico
When examining property taxes in Hurley, New Mexico, 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 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 Grant County, assessment notices are sent in April each year.
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. For Hurley, the median home price is $49,921, with a median tax bill of $362. Tax bills in the area range from $136 at the 25th percentile to $577 at the 75th percentile, compared with the national median property tax bill of $2,400.
Property Tax Assessment Values Across Hurley, Grant County, New Mexico
Source: Ownwell
$11,050
$74,317
$137,584
Median Hurley Market Value
$49,921
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 Hurley, Grant County, New Mexico
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 88043 | $5,000 | $18,552 | $49,921 | $76,207 | $102,000 |
Source: Ownwell
Property Tax Bills Across Hurley, Grant County, New Mexico
Property tax bills in Hurley are based on the assessed value of a home and the local tax rate set for Grant County. When a property’s assessed value changes, the tax bill can change too, even if the homeowner has not made any major improvements. Local taxing authorities use that assessed value to calculate what each homeowner owes.
For Hurley homeowners, the median home price is $49,921, which helps explain why tax bills are relatively modest compared with many places nationwide. The median property tax bill in the area is $362.00, far below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Tax bills can still vary widely depending on where a home is located and how it is assessed. In Hurley, the tax bill ranges from $136 at the 25th percentile to $577 at the 75th percentile, with the 90th percentile reaching $759.
Median Hurley Tax Bill
$362
Median Grant County Tax Bill
$400
Median New Mexico Tax Bill
$1,249
Median United States Tax Bill
$2,400
Property Tax Bills Across Hurley, Grant County, New Mexico
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 88043 | $36 | $136 | $362 | $577 | $759 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 1 |
Links | |
|---|---|
| Grant Tax Assessor | |
| Website | assessor.grantcountynm.com |