Logan, Harding County, New Mexico Property Taxes

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

Median LOGAN, NM effective property tax rate: 0.86%, significantly lower than the national median of 1.02%, but equal to the NM state median of 0.86%.
Median LOGAN, NM home value: $230,109
Median annual LOGAN, NM tax bill: $1,943, $457 lower than the national median property tax bill of $2,400.

How are property taxes in Harding calculated?

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

Last Updated March 1, 2025

Logan, Harding County, New Mexico Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.86%

Estimate Property Tax Bill

$1,979

$1,836

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

Property Tax Rates Across Logan, Harding 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. Below, you can compare Logan’s effective property tax rate to other cities in New Mexico and the median property tax rates in New Mexico and the U.S. Logan, located in Harding County, has a median property tax rate of 0.86%. This rate is lower than the national median property tax rate of 1.02%, providing some relief to property owners in the area. Interestingly, Harding County's rate is consistent across the board, with the highest and lowest median tax rates both at 0.86%, indicating a stable tax environment. This stability can be beneficial for property owners seeking predictability in their annual expenses. In comparison to the national figures, Logan offers a more affordable property tax scenario, which could be an appealing factor for potential property buyers or investors considering the area.

Property Tax Rates Across Logan, Harding County, New Mexico

Source: Ownwell

0.63%

0.76%

0.90%

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 Logan Tax Rate

0.86%

Median Effective Harding County Tax Rate

0.72%

Median Effective New Mexico Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Logan, Harding County, New Mexico

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
88426	0.70%	0.84%	0.86%	0.87%	0.90%

Source: Ownwell

Property Tax Assessment Values Across Logan, Harding County, New Mexico

When examining property taxes in Logan, 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 Harding 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.

In Harding 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 Logan.

For example, the median home price in Logan is $230,109, with tax bills ranging significantly across the county. Zip code 88426 has the highest median home price at $230,109.

Property Tax Assessment Values Across Logan, Harding County, New Mexico

Source: Ownwell

$51,189

$147,678

$244,167

Median Logan Market Value

$230,109

Median Harding County Market Value

$98,475

Median New Mexico Market Value

$121,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Logan, Harding County, New Mexico

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
88426	$67,922	$110,381	$230,109	$323,550	$323,637

Source: Ownwell

Property Tax Bills Across Logan, Harding County, New Mexico

In Logan, NM, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the property tax rate set by Harding County to determine the annual tax bill. Homeowners in Logan experience a range of tax bills, with the 25th percentile at $775 and the 75th percentile at $2,787. Notably, the highest and lowest median tax bills in the area are both $1,943, which is below the national median property tax bill of $2,400. This indicates that while some homeowners pay significantly less, others may still face substantial tax obligations. For homeowners feeling the pinch of high property taxes, Ownwell offers expert property tax appeal and exemption services. By reviewing and potentially contesting the assessed value of a property, Ownwell can help reduce tax bills, ensuring homeowners pay only their fair share. This service is invaluable in a region where property values and tax rates can vary significantly.

Property Tax Bills Across Logan, Harding County, New Mexico

Source: Ownwell

$349

$1,270

$2,191

Median Logan Tax Bill

$1,943

Median Harding County Tax Bill

$705

Median New Mexico Tax Bill

$1,192

Median United States Tax Bill

$2,400

Property Tax Bills Across Logan, Harding County, New Mexico

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
88426	$506	$775	$1,943	$2,787	$2,812

Source: Ownwell