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New Mexico · County property tax · ACS 2024

Grant County Property Taxes

The median homeowner in Grant County pays $808 a year, an effective rate of 0.46%, far below the U.S. average.

$808
Median tax / yr · Low bill
0.46%
Effective rate · Low rate
-59%
vs U.S. average
#27 of 33
rank in NM

The verdict

Homeowners in Grant County pay a median $808 a year in property tax, an effective rate of 0.46%, more affordable than 88% of U.S. counties (Census ACS 2024).

$808
Median annual tax bill, 2024
0.46%
Effective rate on median home
#389 of 3135
U.S. counties by tax burden
-59%
vs the national average bill

Effective rate is the median property tax bill divided by the median home value ($175,600). U.S. Census Bureau, ACS 5-Year Estimates · 2024.

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Census Bureau ACS property tax data for New Mexico. Population: 27,775. Owner-occupied homes: 8,561.

The median annual property tax in Grant County is $808, which is 53% lower than the New Mexico state average and 59% below the national average. The effective tax rate is 0.46% on a median home value of $175,600. Property taxes represent 1.8% of the median household income in this county.

Grant County's rate standing among U.S. counties

Primary signal

The effective rate sits near the national middle

Grant County's 0.46% effective rate sits near the middle of 3,135 tracked counties (more affordable than 88%).

Decision signal 2

The bill sits well below the national median

Homeowners in Grant County pay a median annual property tax of $808, far below the national median and far below the New Mexico state median. On a $175,600 median home, that works out to an effective rate of 0.46% once the local assessment base and millage are combined.

Decision signal 3

High among New Mexico counties by effective rate

Grant County ranks #27 of 33 counties in New Mexico by effective rate (18% of in-state counties pay a lower rate).

Decision signal 4

Income carries a light tax share

Property taxes in Grant County run a bit below the commonly cited 2%-4% national benchmark, at about 1.8% of the $44,958 median household income.

Informational notice

Figures describe the median homeowner household in Grant 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.

The rate held while the market moved

Grant County sits in the quarter of U.S. counties whose effective rate moved least over this span: 2.2% down, against a median home value that rose 38.2%.

A near-steady rate on a moving market passes that movement straight through: the median bill rose 35.1%, from $598 to $808.

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.

Median Annual Tax
$808
Low bill
-53% vs State -59% vs US
Median Home Value
$175,600
-29% vs State -23% vs US
Effective Tax Rate
0.46%
Low rate
-34% vs State -50% vs US

How to read this county's bill

The bill here climbed steeply over 2020-2024, up 35% from $598 to $808. These ACS medians describe the reported change; they do not identify whether a levy, assessment, home value, or change in the responding households caused it.

The largest reported group here falls at the bottom of the national range: 3,927 of 8,561 owner-occupied homes (45.9%) report annual real-estate taxes under $800. This distribution describes reported owner-occupied homes, not an affordability judgment for any property.

Both sides of this comparison sit low: household income here is in the bottom quarter of US counties, and so is the effective tax rate. The median bill works out at 1.8% of median household income, which is the arithmetic of a modest levy on modest earnings rather than of any deliberate relief.

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 Grant County Homeowners Actually Pay

The single largest group of Grant County homeowners, 3,927 of 8,561 owner-occupied homes (45.9%), pays less than $800 a year. The median is one point in this spread, not a typical bill.

  • Less than $800 45.9% (3,927)
  • $800 to $1,499 32.1% (2,745)
  • $1,500 to $1,999 10.4% (889)
  • $2,000 to $2,999 3.3% (282)
  • $3,000 or more 1.1% (91)

Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.

627 homes here (7.3%) report no real estate tax at all. Exemptions are set by state: how New Mexico handles assessments and appeals.

With vs Without Mortgage

With Mortgage
$820
$68/mo
Without Mortgage
$797
$66/mo

Mortgaged and non-mortgaged homeowners in Grant County pay about the same bill, a 3% gap.

Grant County's effective rate vs peers

Effective property tax rate (median tax ÷ median home value), ACS 2024.

Grant County 0.46%
New Mexico average 0.70%
U.S. average 0.92%

Grant County's effective rate is higher than 18% of the 33 counties in New Mexico - ranking #27 of 33.

Where Grant County sits among every U.S. county

Effective property tax rate (median tax ÷ median home value)

0.46% Among the most affordable more affordable than 88% of 3,135 U.S. counties

Show national distribution This county 0.00% 4.00% every U.S. county, bucketed by value

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

What changed since 2020

The median bill in Grant County moved from $598 in the 2020 release to $808 in 2024, a change of about 35%. These are American Community Survey 5-year estimates compared across releases that share only one sample year, which is why this page never compares consecutive releases: those overlap in four years of the same households and move mostly on sampling.

Grant County vs Benchmarks

Metric Grant County New Mexico Avg U.S. Avg
Median Annual Tax Low bill $808 $1,731 $1,993
Effective Tax Rate Low rate 0.46% 0.70% 0.92%
Median Home Value $175,600 $248,100 $227,791
Tax as % of income Below-median income burden 1.8% - -

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.

Grant County is QUIET · LIGHT on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · New Mexico counties.

Grant County rate trail · QUIET

$550$600$650$700$750$800$850 20202021202220232024 $808
Grant County ACS median tax 2020–2024: +35% ($598 → $808).
Year Median Tax (vs prior release) Effective Rate
2024 $808 +6.9% 0.46%
2023 $756 -0.3% 0.46%
2022 $758 +15.9% 0.49%
2021 $654 +9.4% 0.52%
2020 $598 0.47%

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.

Grant County: tax takes only 1.8% of income

Tax-to-Income Ratio
1.8%
of median household income
Median Income
$44,958
per year
Monthly Tax
$67
per month

Counties near Grant County's effective rate

On effective rate, Grant County sits nearest Lyon County (NV), Ripley County (MO), McDonald County (MO).

On published median-tax change, the nearest matches are Mesa County (CO), Tallapoosa County (AL), Jasper County (GA).

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.

Grant County: only 2% of returns show Schedule A real-estate tax

Tax year 2022: 290 of 12,690 returns from Grant County reported real estate taxes, averaging $2,259 - 38% 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

View all counties in New Mexico →

Grant County rate FAQs

How does Grant County property tax compare to the national average?
Property taxes in Grant County run far below the national median of $1,993, an effective rate of 0.46% versus 0.92% nationally.
What is the tax affordability score for Grant County?
Grant County, New Mexico scores B+ (77/100) 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 rate relief at A (0.46%). 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.
What is the average property tax in Grant County, New Mexico?
The median annual property tax in Grant County is $808, an effective rate of 0.46% on a $175,600 median home (Census ACS, 2024).
Are property taxes increasing in Grant County?
The ACS median property-tax bill for Grant County jumped 35.1% between the 2020 and 2024 5-year releases, from $598 to $808, 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 Grant County?
Property taxes in Grant County run a bit below the commonly cited 2%-4% national benchmark, at about 1.8% of the $44,958 median household income.

What to do with Grant County's QUIET rate

Grant County's $808 median bill sits well below the U.S. median - still size a parcel estimate; local millage and exemptions move the real bill. Estimate your bill →

Income burden is light here: about 1.8% of Grant County's $44,958 median household income goes to the property-tax bill.

Nationwide peers by effective rate (then bill)

Rate-first peers for Grant County's QUIET 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: 0.46%.

Similar median bill

Nearest out-of-state counties by ACS median annual tax. This county: $808/yr. Rate peers are excluded so the two link sets stay distinct.

Read with Grant County

Nearest ABS(median_tax) ACS peers for Grant County (QUIET · LIGHT), replacing the old fixed Keep exploring strip.

QUIET LIGHT

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 Grant County (QUIET · LIGHT) - ACS medians, not a parcel bill.