Cebolla, Rio Arriba County, New Mexico Property Taxes

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

Median Cebolla, NM effective property tax rate: 0.75%, significantly lower than the national median of 1.02%, but lower than the New Mexico state median of 0.86%.
Median Cebolla, NM home value: $31,547
Median annual Cebolla, NM tax bill: $260, $2,140 lower than the national median property tax bill of $2,400.

How are property taxes in Rio Arriba calculated?

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

Last Updated March 1, 2025

Cebolla, Rio Arriba County, New Mexico Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.75%

Estimate Property Tax Bill

$237

$220

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

Property Tax Rates Across Cebolla, Rio Arriba County, New Mexico

Local government entities determine tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its budget to deliver services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In Cebolla, located in Rio Arriba County, the effective property tax rate is on par with other cities in New Mexico. The median property tax rate in Cebolla is 0.75%, which is lower than the national median property tax rate of 1.02%. This lower rate can result in significant savings for property owners compared to other regions in the U.S. Understanding these local tax rates is crucial for property owners looking to manage their expenses effectively. By comparing Cebolla's tax rate with the state and national averages, property owners can make informed decisions about their investments and potential savings on property taxes.

Property Tax Rates Across Cebolla, Rio Arriba County, New Mexico

Source: Ownwell

0.58%

0.70%

0.83%

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 Cebolla Tax Rate

0.75%

Median Effective Rio Arriba County Tax Rate

0.79%

Median Effective New Mexico Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cebolla, Rio Arriba County, New Mexico

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
87518	0.68%	0.75%	0.75%	0.76%	0.82%

Source: Ownwell

Property Tax Assessment Values Across Cebolla, Rio Arriba County, New Mexico

When examining property taxes in Cebolla, New Mexico, 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 Rio Arriba 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.

Assessment notices: In Rio Arriba 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 Cebolla.

For example, the median home price in Cebolla is $31,547, with tax bills ranging significantly across the county. Zip code 87518 has the highest median home price at $31,547.

Property Tax Assessment Values Across Cebolla, Rio Arriba County, New Mexico

Source: Ownwell

$13,197

$37,441

$61,685

Median Cebolla Market Value

$31,547

Median Rio Arriba County Market Value

$17,854

Median New Mexico Market Value

$121,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cebolla, Rio Arriba County, New Mexico

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
87518	$9,571	$15,754	$31,547	$77,473	$136,486

Source: Ownwell

Property Tax Bills Across Cebolla, Rio Arriba County, New Mexico

In Cebolla, located in Rio Arriba County, NM, property tax bills are calculated based on the assessed value of a home, which is a percentage of the home's market value. The local tax rate is then applied to this assessed value to determine the annual property tax bill. Homeowners in Cebolla face a median property tax bill of $260, which is significantly lower than the national median of $2,400. The 25th percentile tax bill is $100, while the 75th percentile reaches $616, and the 90th percentile goes up to $1,182. These figures suggest that property taxes in Cebolla can vary widely, impacting homeowners' budgets differently. Ownwell can assist homeowners by ensuring their property is fairly assessed, potentially reducing their tax burden. By leveraging local market knowledge and expertise in property tax appeals, Ownwell can help homeowners achieve significant savings on their property tax bills, ensuring they are not overpaying compared to the true value of their property.

Property Tax Bills Across Cebolla, Rio Arriba County, New Mexico

Source: Ownwell

$103

$348

$593

Median Cebolla Tax Bill

$260

Median Rio Arriba County Tax Bill

$215

Median New Mexico Tax Bill

$1,192

Median United States Tax Bill

$2,400

Property Tax Bills Across Cebolla, Rio Arriba County, New Mexico

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
87518	$77	$100	$260	$616	$1,182

Source: Ownwell