Luna County, New Mexico Property Taxes
Census Bureau ACS property tax data for New Mexico. Population: 6,282.
The median annual property tax in Luna County is $648, which is 38% lower than the New Mexico state average and 66% below the national average. The effective tax rate is 0.58% on a median home value of $112,500. Property taxes represent 1.7% of the median household income in this county.
Median Annual Tax
$648
-38% vs State
-66% vs US
Median Home Value
$112,500
-38% vs State
-47% vs US
Effective Tax Rate
0.58%
-3% vs State
-39% vs US
With vs Without Mortgage
With Mortgage
$697
$58/mo
Without Mortgage
$588
$49/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 | $648 +8.5% | 0.58% |
| 2022 | $597 +12.4% | 0.59% |
| 2021 | $531 +4.3% | 0.60% |
| 2020 | $509 -2.5% | 0.60% |
| 2019 | $522 | 0.60% |
Tax Burden
Tax-to-Income Ratio
1.7%
of median household income
Median Income
$37,917
per year
Monthly Tax
$54
per month
Other Counties in New Mexico
Torrance County
Tax: $677/yr Rate: 0.47%
Roosevelt County
Tax: $593/yr Rate: 0.44%
Harding County
Tax: $328/yr Rate: 0.38%
Sierra County
Tax: $793/yr Rate: 0.55%
Chaves County
Tax: $915/yr Rate: 0.64%
Catron County
Tax: $583/yr Rate: 0.34%
Frequently Asked Questions
What is the average property tax in Luna County, New Mexico? ▼
The median annual property tax in Luna County is $648 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.58% on a median home value of $112,500.
How does Luna County property tax compare to the national average? ▼
Property taxes in Luna County are 66% below the national average of $1,923. The effective rate of 0.58% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Luna County? ▼
In Luna County, homeowners with a mortgage pay a median of $697 in annual property taxes, while homeowners without a mortgage pay $588. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Luna County? ▼
Property taxes in Luna County represent approximately 1.7% of the median household income of $37,917. 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.