Lordsburg, Hidalgo County, New Mexico Property Taxes
Median Lordsburg, NM effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but lower than the New Mexico state median of 0.86%.
Median Lordsburg, NM home value: $33,621
Median annual Lordsburg, NM tax bill: $199, $2,201 lower than the national median property tax bill of $2,400.
How are property taxes in Hidalgo calculated?
Property taxes in Lordsburg, 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 Lordsburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lordsburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lordsburg, Hidalgo County, New Mexico Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.65%
Estimate Property Tax Bill
$219
$203
Property Tax Rates Across Lordsburg, Hidalgo County, New Mexico
Local government entities set tax rates, which can vary widely within a state. This is primarily because each county, including Hidalgo, estimates its required budget annually to provide essential services. This budget is then divided by the total value of all taxable property within the county's jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Lordsburg, located in Hidalgo County, the effective property tax rate is reflective of this budgeting process. When compared to other cities in New Mexico and the national median property tax rate of 1.02%, Lordsburg's rate provides an interesting perspective on local tax dynamics. New Mexico's median property tax rate is generally lower than the national average, making it an attractive consideration for property owners. Understanding these rates can help property owners make informed decisions about their investments and potential savings through property tax appeals or exemptions.
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 Lordsburg Tax Rate
0.65%
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 Hidalgo County Tax Rate
0.62%
Median Effective New Mexico Tax Rate
0.86%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lordsburg, Hidalgo County, New Mexico
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 88045 | 0.43% | 0.55% | 0.65% | 0.75% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Lordsburg, Hidalgo County, New Mexico
When examining property taxes in Lordsburg, 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 Hidalgo 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 Hidalgo 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 Lordsburg.
For example, the median home price in Lordsburg is $33,621, with tax bills ranging significantly across the county. Zip code 88045 has the highest median home price at $33,621.
Property Tax Assessment Values Across Lordsburg, Hidalgo County, New Mexico
Source: Ownwell
$33,621
$61,601
$89,580
Median Lordsburg Market Value
$33,621
Median Hidalgo County Market Value
$36,636
Median New Mexico Market Value
$121,540
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lordsburg, Hidalgo County, New Mexico
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 88045 | $6,964 | $14,340 | $33,621 | $61,191 | $101,422 |
Source: Ownwell
Property Tax Bills Across Lordsburg, Hidalgo County, New Mexico
Median Lordsburg Tax Bill
$199
Median Hidalgo County Tax Bill
$196
Median New Mexico Tax Bill
$1,192
Median United States Tax Bill
$2,400
Property Tax Bills Across Lordsburg, Hidalgo County, New Mexico
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 88045 | $49 | $95 | $199 | $374 | $632 |
Source: Ownwell