Holman, Mora County, New Mexico Property Taxes
Median Holman, NM effective property tax rate: 0.57%, significantly lower than the national median of 1.02%, but lower than the New Mexico state median of 0.86%.
Median Holman, NM home value: $101,697
Median annual Holman, NM tax bill: $560, $1,840 lower than the national median property tax bill of $2,400.
How are property taxes in Mora calculated?
Property taxes in Holman, 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 Holman’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Holman, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Holman, Mora County, New Mexico Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.57%
Estimate Property Tax Bill
$580
$538
Ownwell’s HOLMAN Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in HOLMAN with just two data points.
By entering your property's estimated assessed value, our calculator applies HOLMAN’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 Mora County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Holman, Mora County, New Mexico
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 Holman Tax Rate
0.57%
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
0.58%
Median Effective New Mexico Tax Rate
0.86%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Holman, Mora County, New Mexico
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
87723 | 0.49% | 0.54% | 0.57% | 0.58% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Holman, Mora County, New Mexico
When examining property taxes in Holman, 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 Mora County Assessor's Office 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 Mora 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 Holman. For example, the median home price in Holman is $101,697, with tax bills ranging significantly across the county. Zip code 87723 has the highest median home price at $101,697.
Property Tax Assessment Values Across Holman, Mora County, New Mexico
Source: Ownwell
$18,564
$60,131
$101,697
Median Holman Market Value
$101,697
Median Mora County Market Value
$61,740
Median New Mexico Market Value
$121,540
Median United States Market Value
$235,294
Property Tax Assessment Values Across Holman, Mora County, New Mexico
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
87723 | $21,498 | $50,479 | $101,697 | $122,472 | $134,210 |
Source: Ownwell
Property Tax Bills Across Holman, Mora County, New Mexico
In Holman, NM, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This value is then multiplied by the local tax rate to calculate the tax bill. In Mora County, where Holman is located, the median property tax bill is $560, significantly lower than the national median of $2,400. Factors influencing the tax bill include the property's market value and any applicable exemptions or deductions. Homeowners in Holman benefit from a tax rate that is below the national median of 1.02%, making it a relatively affordable place to own property.
Ownwell can help homeowners in Holman save on their property tax bills by providing expert guidance on appealing assessed values and identifying eligible exemptions. By leveraging their knowledge and experience, Ownwell ensures that homeowners pay only their fair share, potentially leading to substantial savings. With professional support, homeowners can navigate the complexities of property taxes with confidence, ultimately reducing their financial burden.
Median Holman Tax Bill
$560
Median Mora County Tax Bill
$365
Median New Mexico Tax Bill
$1,192
Median United States Tax Bill
$2,400
Property Tax Bills Across Holman, Mora County, New Mexico
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
87723 | $112 | $294 | $560 | $693 | $772 |
Source: Ownwell