Logan, Quay County, New Mexico Property Taxes

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

Median Logan, NM effective property tax rate: 1.00%, significantly lower than the national median of 1.02%, but higher than the New Mexico state median of 0.86%.
Median Logan, NM home value: $22,124
Median annual Logan, NM tax bill: $212, $2,188 lower than the national median property tax bill of $2,400.

How are property taxes in Quay 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, Quay County, New Mexico Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

Estimate Property Tax Bill

$221

$205

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 Quay County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Logan, Quay County, New Mexico

Local government entities are responsible for setting tax rates, which can vary widely within a state. The process involves each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

Logan in Quay County, NM, has a property tax rate that aligns with the state median of 1.00%. This is slightly below the national median property tax rate of 1.02%. The property tax bill in Logan is competitive when compared to the national median of $2400.

In New Mexico, the highest and lowest median tax rates are both 1.00%, indicating a uniformity across different areas. This consistency can benefit property owners by providing predictability in their tax obligations. Comparing Logan’s effective property tax rate to other cities in New Mexico and the median property tax rates in the U.S. can help property owners understand their tax position better.

Property Tax Rates Across Logan, Quay County, New Mexico

Source: Ownwell

0.65%

0.82%

1.00%

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

1.00%

Median Effective Quay County Tax Rate

0.98%

Median Effective New Mexico Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Logan, Quay County, New Mexico

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
88426	0.76%	1.00%	1.00%	1.00%	1.00%

Source: Ownwell

Property Tax Assessment Values Across Logan, Quay 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 Quay 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 Quay 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 $22,124, with tax bills ranging significantly across the county. 88426 has the highest median home price at $22,124.

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

Source: Ownwell

$20,585

$33,988

$47,391

Median Logan Market Value

$22,124

Median Quay County Market Value

$31,267

Median New Mexico Market Value

$121,540

Median United States Market Value

$235,294

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

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
88426	$3,146	$4,739	$22,124	$83,173	$172,704

Source: Ownwell

Property Tax Bills Across Logan, Quay County, New Mexico

In Logan, located in Quay County, NM, property tax bills are calculated based on the assessed value of a home. The median home price here is $22,124, significantly lower than the national median. Property taxes are determined by applying the local tax rate to the assessed value of the property. Factors such as location, property size, and improvements can influence the assessed value, impacting the final tax bill. Homeowners in Logan experience a range of tax bills, with the 25th percentile at $46 and the 75th percentile at $802. The highest median tax bill in the area is $212, which is below the national median of $2,400. This indicates a generally lower tax burden for homeowners in Logan compared to other regions. Ownwell offers services to help homeowners in Logan save on their property tax bills by identifying potential discrepancies in assessments and filing appeals on behalf of homeowners. By ensuring a fair assessment, Ownwell can help reduce the financial burden on property owners.

Property Tax Bills Across Logan, Quay County, New Mexico

Source: Ownwell

$143

$244

$345

Median Logan Tax Bill

$212

Median Quay County Tax Bill

$307

Median New Mexico Tax Bill

$1,192

Median United States Tax Bill

$2,400

Property Tax Bills Across Logan, Quay County, New Mexico

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
88426	$29	$46	$212	$802	$1,744

Source: Ownwell