Buena Vista, Mora County, New Mexico Property Taxes
Property Taxes in Buena Vista, New Mexico
Median Buena Vista, New Mexico effective property tax rate: 0.53%, significantly lower than the national median of 1.02%, and lower than the New Mexico state median of 0.85%.
Median Buena Vista, New Mexico home value: $69,000
Median annual Buena Vista, New Mexico tax bill: $293, $2,107 lower than the national median property tax bill of $2,400.
How are property taxes in Mora calculated?
Property taxes in Buena Vista, 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 Buena Vista's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Buena Vista, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Buena Vista, Mora County, New Mexico Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.53%
Estimate Property Tax Bill
$366
$339
How Does the Buena Vista Property Tax Calculator Work?
Use this Buena Vista property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Buena Vista's median effective tax rate of 0.53% — based on actual property records in Mora County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Buena Vista'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 Buena Vista: rates range from 0.53% in 87712 to 0.53% in 87712, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Buena Vista.
About Buena Vista Property Taxes
About Property Taxes in Buena Vista, Mora, NM
Buena Vista's median effective property tax rate of 0.53% is lower than the New Mexico state median of 0.85% and lower than the national median of 1.02%. This rate reflects the Mora 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 Buena Vista. Homeowners in the 87712 ZIP code carry a median effective rate of 0.53%, while those in the lowest ZIP also pay 0.53%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Mora County. Understanding which part of Buena Vista you live in can make a meaningful difference to your annual tax bill.
Buena Vista 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 Buena Vista, Mora 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 Buena Vista'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 Buena Vista Tax Rate
0.53%
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 Mora County Tax Rate
0.56%
Median Effective New Mexico Tax Rate
0.85%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Buena Vista, Mora County, New Mexico
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 87712 | 0.24% | 0.46% | 0.53% | 0.56% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Buena Vista, Mora County, New Mexico
When examining property taxes in Buena Vista, 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 Mora 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 Mora County, assessment notices are sent in April 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 Buena Vista.
For example, the median home price in Buena Vista is $69,000, with tax bills ranging significantly across the county. 87712 has the highest median home price at $69,000.
Property Tax Assessment Values Across Buena Vista, Mora County, New Mexico
Source: Ownwell
$33,654
$66,669
$99,684
Median Buena Vista Market Value
$69,000
Median Mora County Market Value
$65,541
Median New Mexico Market Value
$129,686
Median United States Market Value
$235,294
Property Tax Assessment Values Across Buena Vista, Mora County, New Mexico
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 87712 | $6,920 | $22,818 | $69,000 | $130,032 | $171,155 |
Source: Ownwell
Property Tax Bills Across Buena Vista, Mora County, New Mexico
Buena Vista property tax bills are calculated from the assessed value of a home and the local tax rate set for Mora County and other taxing authorities. The bill is based on how the property is valued for tax purposes, not on what a homeowner originally paid for it. Factors such as the home’s market value, location, and any applicable exemptions can affect the final amount.
For a home with a median home price of $69,000, the tax bill can still vary widely depending on the assessment and local levies. In this area, the 25th percentile tax bill is $92, the 75th percentile tax bill is $684, and the 90th percentile tax bill is $961. The median tax bill is $293, which is well below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%.
For homeowners, this means property taxes can be a meaningful recurring cost, but they may also present an opportunity to review whether the assessed value is accurate.
Median Buena Vista Tax Bill
$293
Median Mora County Tax Bill
$368
Median New Mexico Tax Bill
$1,249
Median United States Tax Bill
$2,400
Property Tax Bills Across Buena Vista, Mora County, New Mexico
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 87712 | $20 | $92 | $293 | $684 | $961 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 1 |
Links | |
|---|---|
| Mora Tax Assessor | |
| Website | www.countyofmora.com |