Hidalgo County, New Mexico Property Taxes
Census Bureau ACS property tax data for New Mexico. Population: 1,131.
The median annual property tax in Hidalgo County is $526, which is 50% lower than the New Mexico state average and 73% below the national average. The effective tax rate is 0.46% on a median home value of $114,000. Property taxes represent 1.1% of the median household income in this county.
Median Annual Tax
$526
-50% vs State
-73% vs US
Median Home Value
$114,000
-37% vs State
-46% vs US
Effective Tax Rate
0.46%
-23% vs State
-52% vs US
With vs Without Mortgage
With Mortgage
$554
$46/mo
Without Mortgage
$512
$43/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $526 +2.1% | 0.46% |
| 2022 | $515 +8.0% | 0.50% |
| 2021 | $477 -2.7% | 0.51% |
| 2020 | $490 +11.9% | 0.53% |
| 2019 | $438 | 0.51% |
Tax Burden
Tax-to-Income Ratio
1.1%
of median household income
Median Income
$49,076
per year
Monthly Tax
$44
per month
Other Counties in New Mexico
Guadalupe County
Tax: $563/yr Rate: 0.53%
Quay County
Tax: $507/yr Rate: 0.62%
Union County
Tax: $776/yr Rate: 0.57%
Lincoln County
Tax: $1,143/yr Rate: 0.54%
San Juan County
Tax: $1,249/yr Rate: 0.67%
Eddy County
Tax: $995/yr Rate: 0.50%
Frequently Asked Questions
What is the average property tax in Hidalgo County, New Mexico? ▼
The median annual property tax in Hidalgo County is $526 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.46% on a median home value of $114,000.
How does Hidalgo County property tax compare to the national average? ▼
Property taxes in Hidalgo County are 73% below the national average of $1,923. The effective rate of 0.46% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Hidalgo County? ▼
In Hidalgo County, homeowners with a mortgage pay a median of $554 in annual property taxes, while homeowners without a mortgage pay $512. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Hidalgo County? ▼
Property taxes in Hidalgo County represent approximately 1.1% of the median household income of $49,076. The national benchmark is generally 2-4% of household income.
Explore More Data
Data 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.