Flora Vista, San Juan County, New Mexico Property Taxes

Name: Property Tax Bills Across Flora Vista, San Juan County, New Mexico
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Flora Vista, NM effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, but lower than the New Mexico state median of 0.86%. Median Flora Vista, NM home value: $87,005. Median annual Flora Vista, NM tax bill: $719, $1,681 lower than the national median property tax bill of $2,400. How are property taxes in San Juan calculated? Property taxes in Flora Vista, 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 Flora Vista’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Flora Vista, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Flora Vista, San Juan County, New Mexico Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.84%

Estimate Property Tax Bill

$731

$678

Ownwell’s Flora Vista Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Flora Vista with just two data points.

By entering your property's estimated assessed value, our calculator applies Flora Vista’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 San Juan County.

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

Property Tax Rates Across Flora Vista, San Juan County, New Mexico

Local government entities determine tax rates, which can vary significantly within a state. Each county annually estimates its required budget to provide essential services and divides that 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 these rates and budgets, this is essentially the annual process.

In Flora Vista, located in San Juan County, the effective property tax rate is 0.84%. This rate is notably lower than the national median property tax rate of 1.02%. Such a comparison highlights the variance that can exist even within a single state. Despite the uniformity in Flora Vista's rate across the county, it remains below both the state and national medians. This suggests a potentially lower property tax burden compared to other regions, making Flora Vista an attractive option for property owners. Understanding these differences can be crucial for those considering property investments or relocations, as property tax rates directly impact the overall cost of homeownership.

Property Tax Rates Across Flora Vista, San Juan County, New Mexico

Source: Ownwell

0.74%

0.82%

0.90%

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 Flora Vista Tax Rate

0.84%

Median Effective San Juan County Tax Rate

0.83%

Median Effective New Mexico Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Flora Vista, San Juan County, New Mexico

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
87415	0.76%	0.84%	0.84%	0.86%	0.92%

Source: Ownwell

Property Tax Assessment Values Across Flora Vista, San Juan County, New Mexico

When examining property taxes in Flora Vista, 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 San Juan County Assessor 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 San Juan 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 Flora Vista. For example, the median home price in Flora Vista is $87,005, with tax bills ranging significantly across the county. ZIP code 87415 has the highest median home price at $87,005.

Property Tax Assessment Values Across Flora Vista, San Juan County, New Mexico

Source: Ownwell

$39,630

$109,117

$178,603

Median Flora Vista Market Value

$87,005

Median San Juan County Market Value

$93,508

Median New Mexico Market Value

$121,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Flora Vista, San Juan County, New Mexico

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
87415	$3,492	$29,068	$87,005	$190,540	$276,345

Source: Ownwell

Property Tax Bills Across Flora Vista, San Juan County, New Mexico

In Flora Vista, located in San Juan County, NM, property tax bills are calculated based on the assessed value of a home. The county assessor evaluates the property's market value, and the assessed value is a percentage of this market value. The property tax rate is then applied to the assessed value to determine the annual tax bill. Factors such as local tax rates and any applicable exemptions or deductions also influence the final tax amount. The median home price in Flora Vista is $87,005, with property tax bills ranging significantly. For instance, the 25th percentile tax bill is $214, while the 75th percentile is $1,615, and the 90th percentile reaches $2,306. This variation highlights the impact of property value assessments and tax rates on homeowners. Ownwell can assist homeowners in Flora Vista by reviewing their property assessments and identifying potential savings. By appealing incorrect assessments or securing exemptions, Ownwell helps reduce tax burdens, ensuring homeowners pay only their fair share.

Property Tax Bills Across Flora Vista, San Juan County, New Mexico

Source: Ownwell

$277

$874

$1,470

Median Flora Vista Tax Bill

$719

Median San Juan County Tax Bill

$761

Median New Mexico Tax Bill

$1,192

Median United States Tax Bill

$2,400

Property Tax Bills Across Flora Vista, San Juan County, New Mexico

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
87415	$25	$214	$719	$1,615	$2,306

Source: Ownwell