Santa Fe County, New Mexico Property Taxes

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Property Taxes in Santa Fe County, New Mexico

Median Santa Fe County effective property tax rate: 0.55%, significantly lower than the national median of 1.02%.
Median Santa Fe County home value: $373,377
Median annual Santa Fe County tax bill: $1,941, $459 lower than the national median property tax bill of $2,400.

How are property taxes in Santa Fe County calculated?

Property taxes in Santa Fe County 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.

Why is the Santa Fe County property tax rate important? Because the county’s effective property tax rate is lower than both the national median and the state median of 0.85%, which can help keep annual tax bills more manageable for homeowners.

What can lower a property tax bill in Santa Fe County? Property tax exemptions and a lower assessed value can reduce what homeowners owe, especially when the assessed value does not reflect the full market value.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Santa Fe or another part of Santa Fe County, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Santa Fe County, New Mexico Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.55%

Estimate Property Tax Bill

$2,054

$1,906

How Does the Santa Fe County Property Tax Calculator Work?

Use this Santa Fe County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Santa Fe County's median effective tax rate of 0.55% to generate your estimate.

Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.

Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Santa Fe County's median tax rate is lower than the national median property tax rate of 1.02% and lower than the New Mexico median tax rate of 0.85%. The county's median property tax bill of $1,941 is also lower than the national median property tax bill of $2,400 and lower than the state median by $459.

For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Santa Fe County.

Property Tax Rates Across Santa Fe County, New Mexico

What Are Effective Property Tax Rates Across Santa Fe County?

Local government entities set tax rates, which vary widely across Santa Fe County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.

Below, compare Santa Fe County's effective property tax rate to other counties in New Mexico or the U.S. median of 1.02%.

Santa Fe County's median effective rate stands at 0.55%, which is lower than the national median of 1.02%. Within Santa Fe County, the highest rate is found in SANDIA PARK at 0.65%, while GALISTEO has the lowest at 0.41%.

These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.

Property Tax Rates Across Santa Fe County, New Mexico

Source: Ownwell

0.41%

0.53%

0.65%

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 Santa Fe County Tax Rate

0.55%

Median Effective New Mexico Tax Rate

0.85%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Santa Fe County, New Mexico

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Cerrillos	0.32%	0.46%	0.55%	0.65%	0.70%
Chimayo	0.33%	0.46%	0.61%	0.65%	0.65%
Cundiyo	0.36%	0.45%	0.63%	0.70%	0.74%
Edgewood	0.44%	0.53%	0.62%	0.70%	0.81%
Espanola	0.36%	0.45%	0.54%	0.66%	0.75%
Galisteo	0.22%	0.34%	0.41%	0.48%	0.55%
Glorieta	0.33%	0.44%	0.56%	0.67%	0.70%
Lamy	0.33%	0.45%	0.54%	0.64%	0.72%
Moriarty	0.30%	0.36%	0.50%	0.60%	0.68%
Pena Blanca	0.32%	0.38%	0.53%	0.64%	0.70%
Sandia Park	0.32%	0.51%	0.65%	0.70%	0.71%
Santa Cruz	0.29%	0.39%	0.50%	0.64%	0.65%
Santa Fe	0.37%	0.45%	0.54%	0.66%	0.76%
Stanley	0.24%	0.38%	0.52%	0.64%	0.68%
Abiquiu	N/A	N/A	N/A	N/A	N/A
Albuquerque	N/A	N/A	N/A	N/A	N/A
Carlsbad	N/A	N/A	N/A	N/A	N/A
Golden	N/A	N/A	N/A	N/A	N/A
Hernandez	N/A	N/A	N/A	N/A	N/A
La Puebla	N/A	N/A	N/A	N/A	N/A
Los Alamos	N/A	N/A	N/A	N/A	N/A
Madrid	N/A	N/A	N/A	N/A	N/A
Medanales	N/A	N/A	N/A	N/A	N/A
Mesa	N/A	N/A	N/A	N/A	N/A
Pecos	N/A	N/A	N/A	N/A	N/A
Pojoaque	N/A	N/A	N/A	N/A	N/A
Taos	N/A	N/A	N/A	N/A	N/A
Tererro	N/A	N/A	N/A	N/A	N/A
Tesuque	N/A	N/A	N/A	N/A	N/A
Tijeras	N/A	N/A	N/A	N/A	N/A
Virginia Beach	N/A	N/A	N/A	N/A	N/A
Yorba Linda	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Santa Fe County, New Mexico

When examining property taxes in Santa Fe County, 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 Santa Fe 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.

Assessment notices:

In Santa Fe 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. The median tax bill in Santa Fe County is $1,941, below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Tax bills range significantly across the county, with Galisteo having the highest median home price at $829,258.

Property Tax Assessment Values Across Santa Fe County, New Mexico

Source: Ownwell

$113,730

$471,494

$829,258

Median Santa Fe County Market Value

$373,377

Median New Mexico Market Value

$129,686

Median United States Market Value

$235,294

Property Tax Assessment Values Across Santa Fe County, New Mexico

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Cerrillos	$58,000	$137,040	$240,846	$418,119	$644,120
Chimayo	$36,543	$56,386	$113,730	$189,875	$271,531
Cundiyo	$46,500	$111,086	$145,848	$223,760	$260,117
Edgewood	$30,000	$104,750	$212,604	$322,423	$435,235
Espanola	$10,072	$52,160	$162,385	$263,402	$390,422
Galisteo	$452,575	$650,360	$829,258	$993,573	$1,345,206
Glorieta	$22,415	$119,452	$219,471	$354,810	$532,265
Lamy	$157,087	$441,933	$682,248	$933,858	$1,262,613
Moriarty	$15,088	$34,958	$220,416	$372,271	$508,030
Pena Blanca	$39,135	$56,307	$185,274	$254,503	$421,135
Sandia Park	$24,186	$63,629	$113,783	$220,355	$347,908
Santa Cruz	$8,988	$55,178	$167,841	$290,158	$419,726
Santa Fe	$33,822	$272,683	$405,164	$648,874	$1,071,437
Stanley	$15,088	$49,256	$190,262	$329,886	$525,695
Abiquiu	N/A	N/A	N/A	N/A	N/A
Albuquerque	N/A	N/A	N/A	N/A	N/A
Carlsbad	N/A	N/A	N/A	N/A	N/A
Golden	N/A	N/A	N/A	N/A	N/A
Hernandez	N/A	N/A	N/A	N/A	N/A
La Puebla	N/A	N/A	N/A	N/A	N/A
Los Alamos	N/A	N/A	N/A	N/A	N/A
Madrid	N/A	N/A	N/A	N/A	N/A
Medanales	N/A	N/A	N/A	N/A	N/A
Mesa	N/A	N/A	N/A	N/A	N/A
Pecos	N/A	N/A	N/A	N/A	N/A
Pojoaque	N/A	N/A	N/A	N/A	N/A
Taos	N/A	N/A	N/A	N/A	N/A
Tererro	N/A	N/A	N/A	N/A	N/A
Tesuque	N/A	N/A	N/A	N/A	N/A
Tijeras	N/A	N/A	N/A	N/A	N/A
Virginia Beach	N/A	N/A	N/A	N/A	N/A
Yorba Linda	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Santa Fe County, New Mexico

Santa Fe County property tax bills are based on the assessed value of a home, not its market price alone. Local tax rates are then applied to that assessed value to determine the final bill, so two homes with similar market values can still owe different amounts depending on how they are assessed and where they are located within the county.

With a median home price of $373,377, property taxes can vary widely across the county. The 25th percentile tax bill is $1,046, while the 75th percentile is $3,364 and the 90th percentile reaches $5,607. That spread shows how much the tax burden can differ from one homeowner to another.

For homeowners, a higher assessed value usually means a higher tax bill, which can affect monthly budgets and long-term housing costs. In Santa Fe County, the difference between the lowest median tax bill in Chimayo at $589.00 and the highest in Lamy at $3,738.00 highlights how location can strongly influence what homeowners pay.

Property Tax Bills Across Santa Fe County, New Mexico

Source: Ownwell

$589

$2,164

$3,738

Median Santa Fe County Tax Bill

$1,941

Median New Mexico Tax Bill

$1,249

Median United States Tax Bill

$2,400

Property Tax Bills Across Santa Fe County, New Mexico

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Cerrillos	$313	$666	$1,241	$2,138	$3,692
Chimayo	$156	$311	$589	$970	$1,483
Cundiyo	$417	$603	$801	$1,059	$1,387
Edgewood	$163	$630	$1,250	$1,953	$2,756
Espanola	$77	$333	$834	$1,318	$1,962
Galisteo	$892	$1,978	$3,204	$4,620	$7,399
Glorieta	$139	$536	$1,127	$1,918	$3,082
Lamy	$608	$2,039	$3,738	$5,525	$7,233
Moriarty	$58	$617	$1,072	$1,748	$2,227
Pena Blanca	$107	$342	$749	$1,259	$1,978
Sandia Park	$166	$357	$674	$1,209	$2,430
Santa Cruz	$64	$310	$701	$1,229	$1,806
Santa Fe	$275	$1,269	$2,140	$3,638	$6,021
Stanley	$80	$277	$826	$1,492	$2,551
Abiquiu	N/A	N/A	N/A	N/A	N/A
Albuquerque	N/A	N/A	N/A	N/A	N/A
Carlsbad	N/A	N/A	N/A	N/A	N/A
Golden	N/A	N/A	N/A	N/A	N/A
Hernandez	N/A	N/A	N/A	N/A	N/A
La Puebla	N/A	N/A	N/A	N/A	N/A
Los Alamos	N/A	N/A	N/A	N/A	N/A
Madrid	N/A	N/A	N/A	N/A	N/A
Medanales	N/A	N/A	N/A	N/A	N/A
Mesa	N/A	N/A	N/A	N/A	N/A
Pecos	N/A	N/A	N/A	N/A	N/A
Pojoaque	N/A	N/A	N/A	N/A	N/A
Taos	N/A	N/A	N/A	N/A	N/A
Tererro	N/A	N/A	N/A	N/A	N/A
Tesuque	N/A	N/A	N/A	N/A	N/A
Tijeras	N/A	N/A	N/A	N/A	N/A
Virginia Beach	N/A	N/A	N/A	N/A	N/A
Yorba Linda	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	June 1

Links
Santa Fe Tax Assessor
Website	sfcomaps.santafecountynm.gov

Frequently Asked Property Tax Questions in Santa Fe County, New Mexico

How are property taxes calculated in Santa Fe County, New Mexico?

Property taxes in Santa Fe County, New Mexico are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Santa Fe County, New Mexico?

To appeal your property taxes in Santa Fe County, New Mexico, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Santa Fe County, New Mexico?

Common property tax exemptions in Santa Fe County, New Mexico include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Santa Fe County, New Mexico?

Property tax deadlines in Santa Fe County, New Mexico vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Santa Fe County, New Mexico?

Ownwell provides professional property tax appeal services in Santa Fe County, New Mexico. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.