Los Alamos, Santa Fe County, New Mexico Property Taxes

Name: Property Tax Bills Across Los Alamos, Santa Fe County, New Mexico
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Los Alamos, NM effective property tax rate: 0.72%, significantly lower than the national median of 1.02%, but lower than the New Mexico state median of 0.86%. Median Los Alamos, NM home value: $11,478. Median annual Los Alamos, NM tax bill: $83, $2,317 lower than the national median property tax bill of $2,400. How are property taxes in Santa Fe calculated? Property taxes in Los Alamos, 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 Los Alamos’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Los Alamos, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Los Alamos, Santa Fe County, New Mexico Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.72%

Estimate Property Tax Bill

$83

$77

Ownwell’s LOS ALAMOS Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in LOS ALAMOS with just two data points. By entering your property's estimated assessed value, our calculator applies LOS ALAMOS’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 35049. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Los Alamos, Santa Fe County, New Mexico

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Los Alamos’s effective property tax rate to other cities in New Mexico and the median property tax rates in New Mexico and the U.S. Los Alamos in Los Alamos County boasts a property tax rate of 0.72%, which is significantly lower than the national median property tax rate of 1.02%. This means residents of Los Alamos pay less in property taxes compared to the average American household. With a median property tax bill that is also below the national average of $2400, Los Alamos offers a more affordable living option in terms of property taxes. This lower tax burden can be an attractive factor for potential homeowners considering a move to New Mexico.

Property Tax Rates Across Los Alamos, Santa Fe County, New Mexico

Source: Ownwell

0.49%

0.56%

0.64%

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 Los Alamos Tax Rate

0.72%

Median Effective Santa Fe County Tax Rate

0.55%

Median Effective New Mexico Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Los Alamos, Santa Fe County, New Mexico

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
87544	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Los Alamos, Santa Fe County, New Mexico

When examining property taxes in Los Alamos, 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 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. 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. 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 Los Alamos. For example, the median home price in Los Alamos is $11,478, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Los Alamos, Santa Fe County, New Mexico

Source: Ownwell

$113,472

$386,640

$659,808

Median Los Alamos Market Value

$11,478

Median Santa Fe County Market Value

$365,234

Median New Mexico Market Value

$121,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across Los Alamos, Santa Fe County, New Mexico

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
87544	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Los Alamos, Santa Fe County, New Mexico

In Los Alamos, NM, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is applied to this assessed value to determine the total property tax bill. Factors such as home size, location, and market trends can influence the assessed value. With a median home price of $11,478, homeowners in Los Alamos face tax bills that can vary widely. For instance, those at the 25th percentile pay around $46, while those at the 75th and 90th percentiles pay approximately $118. These figures are significantly lower than the national median property tax bill of $2,400, making Los Alamos an attractive location for homeowners. However, even with relatively low tax bills, ensuring an accurate assessment is crucial to avoid overpayment. This is where Ownwell steps in, offering expert property tax appeal services to help homeowners secure fair assessments and maximize savings. By leveraging their expertise, homeowners can potentially reduce their tax liabilities and enjoy financial relief.

Property Tax Bills Across Los Alamos, Santa Fe County, New Mexico

Source: Ownwell

$598

$2,115

$3,631

Median Los Alamos Tax Bill

$83

Median Santa Fe County Tax Bill

$1,886

Median New Mexico Tax Bill

$1,192

Median United States Tax Bill

$2,400

Property Tax Bills Across Los Alamos, Santa Fe County, New Mexico

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
87544	N/A	N/A	N/A	N/A	N/A

Source: Ownwell