#1Vado
unincorporated, Doña Ana County · 2,895 peopleMedian yearly bill·0.38% of the median home value
Vado, #1 on this list · Dunbar, Paul Laurence, Elementary School · Photo: Rcarrillo67 · CC BY-SA 4.0New Mexico rankings · Property tax
Towns with the lowest property taxes in New Mexico
Vado has the lowest property-tax bills of New Mexico’s 65 towns of 2,500+: homeowners’ median bill is $392 a year (Census ACS 2020–2024). The typical town’s median bill here is $1,216.
Census Bureau, American Community Survey 2020–2024: the median yearly real-estate tax bill homeowners pay. The survey reports bills of $10,000 or more only as “$10,000+”, so those towns are listed below the list, not ranked. A described list: no letters. How grades work
#1$392
#2Santa Rosa
Guadalupe County · 2,802 peopleMedian yearly bill·0.40% of the median home value
#3Tucumcari
Quay County · 5,082 peopleMedian yearly bill·0.78% of the median home value
All 65 towns
Median yearly bill, lowest first.
65 towns ranked. Not here? See why a town may be missing.
#TownMedian yearly billOf home valueHome value
Quick answers
Questions people ask
Which New Mexico town has the lowest property taxes?
Vado (unincorporated, Doña Ana County): homeowners’ median bill is $392 a year. Santa Rosa ($448) and Tucumcari ($501) follow.
How are these towns ranked?
By the median yearly property-tax bill homeowners report to the Census Bureau’s American Community Survey (2020–2024), lowest first. Towns with the same bill share a rank (T). The share of home value is the bill divided by the median home value, both from the survey. How grades work.
Why isn’t my town on this list?
The list covers the towns of 2,500+ that TownRatings grades with a reported bill under $10,000 (65 in New Mexico); bills of $10,000+ can’t be told apart, so those towns are listed separately. Smaller towns show their bill on their Cost of living page. Every town is on the New Mexico page.
Go deeper
All New Mexico rankings →More New Mexico lists
Every list ranks the same 2,500+ towns, so a town’s rank means the same thing on each.
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