New Mexico · County property tax · ACS 2024
Bernalillo County Property Taxes
The median homeowner in Bernalillo County pays $2,629 a year, an effective rate of 0.90%, well above the U.S. average.
- $2,629
- Median tax / yr · High bill
- 0.90%
- Effective rate · Above-median rate
- +32%
- vs U.S. average
- #2 of 33
- rank in NM
The verdict
Homeowners in Bernalillo County pay a median $2,629 a year in property tax, an effective rate of 0.90%, more affordable than 43% of U.S. counties (Census ACS 2024).
- $2,629
- Median annual tax bill, 2024
- 0.90%
- Effective rate on median home
- #1794 of 3135
- U.S. counties by tax burden
- +32%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($292,900). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for New Mexico. Population: 673,930. Owner-occupied homes: 184,254.
The median annual property tax in Bernalillo County is $2,629, which is 52% higher than the New Mexico state average and 32% above the national average. The effective tax rate is 0.90% on a median home value of $292,900. Property taxes represent 3.8% of the median household income in this county.
Bernalillo County's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Bernalillo County's 0.90% effective rate sits near the middle of 3,135 tracked counties (more affordable than 43%).
Decision signal 2
The bill sits well above the national median
Homeowners in Bernalillo County pay a median annual property tax of $2,629, well above the national median and far above the New Mexico state median. On a $292,900 median home, that works out to an effective rate of 0.90% once the local assessment base and millage are combined.
Decision signal 3
Low among New Mexico counties by effective rate
Bernalillo County ranks #2 of 33 counties in New Mexico by effective rate (94% of in-state counties pay a lower rate).
Decision signal 4
Income and the tax bill sit in the middle band
Property taxes in Bernalillo County run within the commonly cited 2%-4% national benchmark, at about 3.8% of the $69,473 median household income.
Informational notice
Figures describe the median homeowner household in Bernalillo County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.
A falling rate took the edge off
Bernalillo County's effective rate fell 15.4% across the 4-year span while its median home value rose 42.5%, leaving the median bill 20.7% higher at $2,629. That rate move is larger than the one in 65% of counties, so a good deal of the market's rise never reached the bill.
Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.
How to read this county's bill
Bills rose across 2020-2024, from $2,179 to $2,629, a gain of 21%. This is a comparison of published ACS medians, not an explanation of a particular property's assessment or tax bill.
The heaviest band is also the fullest one here: 69,454 of 184,254 owner-occupied homes (37.7%) report annual real-estate taxes above $3,000. That band has no upper edge in the source, so the county median understates the burden carried by the plurality rather than describing it.
Both the income and the rate here sit in the third quarter nationally, and the median bill is 3.8% of median household income. Two above-average figures pulling in opposite directions is why the rate on its own is a poor guide.
The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.
What Bernalillo County Homeowners Actually Pay
The single largest group of Bernalillo County homeowners, 69,454 of 184,254 owner-occupied homes (37.7%), pays $3,000 or more a year. The median is one point in this spread, not a typical bill.
- Less than $800 7.5% (13,876)
- $800 to $1,499 11.7% (21,640)
- $1,500 to $1,999 12.0% (22,121)
- $2,000 to $2,999 24.9% (45,955)
- $3,000 or more 37.7% (69,454)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
11,208 homes here (6.1%) report no real estate tax at all. Exemptions are set by state: how New Mexico handles assessments and appeals.
With vs Without Mortgage
Mortgaged and non-mortgaged homeowners in Bernalillo County pay about the same bill, a 8% gap.
Bernalillo County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Bernalillo County's effective rate is higher than 94% of the 33 counties in New Mexico - ranking #2 of 33.
Where Bernalillo County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.90% more affordable than 43% of 3,135 U.S. counties
Show national distribution
Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2024
Above New Mexico on both measures
Bernalillo County's effective rate runs 29% over the New Mexico median and its bill 52% over. When both move together the rate is not being offset by cheaper housing, so the $2,629 median bill is carrying the full weight of the higher rate rather than a valuation difference. This is a comparison of two published medians, not a statement about any individual parcel.
Bernalillo County vs Benchmarks
| Metric | Bernalillo County | New Mexico Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax High bill | |||
| Effective Tax Rate Above-median rate | |||
| Median Home Value | |||
| Tax as % of income Heavy income burden | 3.8% | - | - |
Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.
Bernalillo County is UNDER · MID on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · New Mexico counties.
Bernalillo County rate trail · UNDER
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $2,629 +3.3% | 0.90% |
| 2023 | $2,544 +3.5% | 0.95% |
| 2022 | $2,459 +8.2% | 0.99% |
| 2021 | $2,273 +4.3% | 1.05% |
| 2020 | $2,179 | 1.06% |
Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.
Bernalillo County: tax-to-income at 3.8%
Counties near Bernalillo County's effective rate
On effective rate, Bernalillo County sits nearest Adams County (MS), Meeker County (MN), Lac qui Parle County (MN).
On published median-tax change, the nearest matches are Rhea County (TN), Coffee County (GA), Story County (IA).
How peers are chosen
These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.
Similar effective rates
Similar published median-tax changes, 2020–2024
Bernalillo County: only 6% of returns show Schedule A real-estate tax
Tax year 2022: 20,470 of 332,110 returns from Bernalillo County reported real estate taxes, averaging $4,874 - 37% of those reporters sat in the $100-200k AGI band.
What this IRS county file does not say
Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.
Other Counties in New Mexico
Bernalillo County rate FAQs
- What is the tax affordability score for Bernalillo County?
- Bernalillo County, New Mexico scores F (34/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is mortgage premium at B- (+$192). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
- How does Bernalillo County property tax compare to the national average?
- Property taxes in Bernalillo County run well above the national median of $1,993, an effective rate of 0.90% versus 0.92% nationally.
- What is the average property tax in Bernalillo County, New Mexico?
- The median annual property tax in Bernalillo County is $2,629, an effective rate of 0.90% on a $292,900 median home (Census ACS, 2024).
- Are property taxes increasing in Bernalillo County?
- The ACS median property-tax bill for Bernalillo County jumped 20.7% between the 2020 and 2024 5-year releases, from $2,179 to $2,629, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.
- What percentage of income goes to property taxes in Bernalillo County?
- Property taxes in Bernalillo County run within the commonly cited 2%-4% national benchmark, at about 3.8% of the $69,473 median household income.
What to do with Bernalillo County's UNDER rate
Bernalillo County's $2,629 median bill sits well above the U.S. median - size a personal estimate before treating the county headline as your budget. Estimate your bill →
Bernalillo County ranks #2 of 33 New Mexico counties by effective rate - on the higher-burden half of the state ACS set. New Mexico overview →
Nationwide peers by effective rate (then bill)
Rate-first peers for Bernalillo County's UNDER effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.
Similar effective rate
Nearest out-of-state counties by ACS effective rate. This county: 0.90%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $2,629/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Bernalillo County
Nearest ABS(median_tax) ACS peers for Bernalillo County (UNDER · MID), replacing the old fixed Keep exploring strip.
UNDER MID
Iowa County, IA
ABS(median_tax) peer · tied with Bernalillo County at $2,629/yr; rate 1.36% vs Bernalillo County 0.90%.
Hanover County, VA
ABS(median_tax) peer · $2,627/yr (near-tied bill ABS $2); rate 0.66% vs Bernalillo County 0.90%.
Jasper County, IA
ABS(median_tax) peer · $2,633/yr (near-tied bill ABS $4); rate 1.41% vs Bernalillo County 0.90%.
Coweta County, GA
ABS(median_tax) peer · $2,624/yr (near-tied bill ABS $5); rate 0.73% vs Bernalillo County 0.90%.
New Mexico county set
State ACS overview for every published New Mexico county rate and median bill.
Assessment cycle basics
Bernalillo County stamps UNDER · MID - how assessed value and millage become the ACS median bill.
Data vintage and method
Data as of 2024. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates.
Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.
Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Bernalillo County (UNDER · MID) - ACS medians, not a parcel bill.