Mora County, New Mexico Property Taxes
Census Bureau ACS property tax data for New Mexico. Population: 1,775.
The median annual property tax in Mora County is $642, which is 38% lower than the New Mexico state average and 67% below the national average. The effective tax rate is 0.54% on a median home value of $119,900. Property taxes represent 1.3% of the median household income in this county.
Median Annual Tax
$642
-38% vs State
-67% vs US
Median Home Value
$119,900
-34% vs State
-43% vs US
Effective Tax Rate
0.54%
-10% vs State
-43% vs US
With vs Without Mortgage
With Mortgage
$724
$60/mo
Without Mortgage
$563
$47/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 | $642 +8.1% | 0.54% |
| 2022 | $594 +7.4% | 0.56% |
| 2021 | $553 +7.0% | 0.52% |
| 2020 | $517 -5.3% | 0.50% |
| 2019 | $546 | 0.49% |
Tax Burden
Tax-to-Income Ratio
1.3%
of median household income
Median Income
$50,178
per year
Monthly Tax
$54
per month
Other Counties in New Mexico
Lincoln County
Tax: $1,143/yr Rate: 0.54%
Cibola County
Tax: $983/yr Rate: 0.82%
San Juan County
Tax: $1,249/yr Rate: 0.67%
Socorro County
Tax: $792/yr Rate: 0.55%
Otero County
Tax: $841/yr Rate: 0.56%
Taos County
Tax: $1,164/yr Rate: 0.33%
Frequently Asked Questions
What is the average property tax in Mora County, New Mexico? ▼
The median annual property tax in Mora County is $642 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.54% on a median home value of $119,900.
How does Mora County property tax compare to the national average? ▼
Property taxes in Mora County are 67% 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 Mora County? ▼
In Mora County, homeowners with a mortgage pay a median of $724 in annual property taxes, while homeowners without a mortgage pay $563. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Mora County? ▼
Property taxes in Mora County represent approximately 1.3% of the median household income of $50,178. 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.