Union County, New Mexico Property Taxes
Census Bureau ACS property tax data for New Mexico. Population: 1,025.
The median annual property tax in Union County is $776, which is 26% lower than the New Mexico state average and 60% below the national average. The effective tax rate is 0.57% on a median home value of $135,900. Property taxes represent 1.7% of the median household income in this county.
Median Annual Tax
$776
-26% vs State
-60% vs US
Median Home Value
$135,900
-25% vs State
-36% vs US
Effective Tax Rate
0.57%
-5% vs State
-40% vs US
With vs Without Mortgage
With Mortgage
$933
$78/mo
Without Mortgage
$545
$45/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 | $776 +22.6% | 0.57% |
| 2022 | $633 +3.6% | 0.50% |
| 2021 | $611 +15.9% | 0.47% |
| 2020 | $527 +15.3% | 0.56% |
| 2019 | $457 | 0.52% |
Tax Burden
Tax-to-Income Ratio
1.7%
of median household income
Median Income
$45,319
per year
Monthly Tax
$65
per month
Other Counties in New Mexico
Lea County
Tax: $824/yr Rate: 0.47%
Guadalupe County
Tax: $563/yr Rate: 0.53%
Otero County
Tax: $841/yr Rate: 0.56%
Socorro County
Tax: $792/yr Rate: 0.55%
Catron County
Tax: $583/yr Rate: 0.34%
Harding County
Tax: $328/yr Rate: 0.38%
Frequently Asked Questions
What is the average property tax in Union County, New Mexico? ▼
The median annual property tax in Union County is $776 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.57% on a median home value of $135,900.
How does Union County property tax compare to the national average? ▼
Property taxes in Union County are 60% below the national average of $1,923. The effective rate of 0.57% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Union County? ▼
In Union County, homeowners with a mortgage pay a median of $933 in annual property taxes, while homeowners without a mortgage pay $545. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Union County? ▼
Property taxes in Union County represent approximately 1.7% of the median household income of $45,319. 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.