Lincoln County, New Mexico Property Taxes
Census Bureau ACS property tax data for New Mexico. Population: 7,455.
The median annual property tax in Lincoln County is $1,143, which is 10% higher than the New Mexico state average and 41% below the national average. The effective tax rate is 0.54% on a median home value of $212,200. Property taxes represent 2.2% of the median household income in this county.
Median Annual Tax
$1,143
+10% vs State
-41% vs US
Median Home Value
$212,200
+17% vs State
+0% vs US
Effective Tax Rate
0.54%
-10% vs State
-43% vs US
With vs Without Mortgage
With Mortgage
$1,435
$120/mo
Without Mortgage
$882
$74/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 | $1,143 +5.2% | 0.54% |
| 2022 | $1,087 +0.7% | 0.56% |
| 2021 | $1,079 -3.7% | 0.63% |
| 2020 | $1,120 -3.8% | 0.65% |
| 2019 | $1,164 | 0.60% |
Tax Burden
Tax-to-Income Ratio
2.2%
of median household income
Median Income
$51,643
per year
Monthly Tax
$95
per month
Other Counties in New Mexico
Bernalillo County
Tax: $2,544/yr Rate: 0.95%
Hidalgo County
Tax: $526/yr Rate: 0.46%
Socorro County
Tax: $792/yr Rate: 0.55%
Torrance County
Tax: $677/yr Rate: 0.47%
Union County
Tax: $776/yr Rate: 0.57%
Santa Fe County
Tax: $2,110/yr Rate: 0.51%
Frequently Asked Questions
What is the average property tax in Lincoln County, New Mexico? ▼
The median annual property tax in Lincoln County is $1,143 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.54% on a median home value of $212,200.
How does Lincoln County property tax compare to the national average? ▼
Property taxes in Lincoln County are 41% below the national average of $1,923. The effective rate of 0.54% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Lincoln County? ▼
In Lincoln County, homeowners with a mortgage pay a median of $1,435 in annual property taxes, while homeowners without a mortgage pay $882. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Lincoln County? ▼
Property taxes in Lincoln County represent approximately 2.2% of the median household income of $51,643. 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.