Sierra County, New Mexico Property Taxes
Census Bureau ACS property tax data for New Mexico. Population: 3,806.
The median annual property tax in Sierra County is $793, which is 24% lower than the New Mexico state average and 59% below the national average. The effective tax rate is 0.55% on a median home value of $144,800. Property taxes represent 2.1% of the median household income in this county.
Median Annual Tax
$793
-24% vs State
-59% vs US
Median Home Value
$144,800
-20% vs State
-32% vs US
Effective Tax Rate
0.55%
-8% vs State
-42% vs US
With vs Without Mortgage
With Mortgage
$880
$73/mo
Without Mortgage
$755
$63/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 | $793 +8.0% | 0.55% |
| 2022 | $734 +11.6% | 0.53% |
| 2021 | $658 +2.5% | 0.54% |
| 2020 | $642 +5.8% | 0.53% |
| 2019 | $607 | 0.52% |
Tax Burden
Tax-to-Income Ratio
2.1%
of median household income
Median Income
$37,840
per year
Monthly Tax
$66
per month
Other Counties in New Mexico
Lincoln County
Tax: $1,143/yr Rate: 0.54%
Otero County
Tax: $841/yr Rate: 0.56%
Rio Arriba County
Tax: $1,000/yr Rate: 0.43%
San Juan County
Tax: $1,249/yr Rate: 0.67%
Los Alamos County
Tax: $2,591/yr Rate: 0.57%
Colfax County
Tax: $927/yr Rate: 0.58%
Frequently Asked Questions
What is the average property tax in Sierra County, New Mexico? ▼
The median annual property tax in Sierra County is $793 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.55% on a median home value of $144,800.
How does Sierra County property tax compare to the national average? ▼
Property taxes in Sierra County are 59% below the national average of $1,923. The effective rate of 0.55% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Sierra County? ▼
In Sierra County, homeowners with a mortgage pay a median of $880 in annual property taxes, while homeowners without a mortgage pay $755. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Sierra County? ▼
Property taxes in Sierra County represent approximately 2.1% of the median household income of $37,840. 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.