Tax Rates

Tax Rates

Taxable value on real and personal property is one third of the total assessed value, minus any allowable exemptions, such as head-of-household or veteran's exemptions. Property in New Mexico is classified as residential or non-residential and is taxed at different rates.


 


 

Example Of Calculating Applicable Tax



Full Value Of Property Total Assessed Value $ 100,000
Calculate Taxable Value Total Assessed Value / 3
$ 100,000 / 3
$ 33,333
Subtract Exemptions Head of Family = $ 2,000
Veterans Exemption = $ 4,000
$2,000 + $4,0000 = $ 6,000
- $ 6,0000
Net Taxable Value   $ 27,333
Calculate Total Taxes Owed Net Taxable Value * Mil Rate
$ 27,333 * 0.029170
$ 797.30

District 02 : In the city limits of Las Cruces at 2013 residential tax rate of 0.029170. See below for tax rates elsewhere.



Tax Rates



Click on the map to open a full size school district map.



TAX DISTRICT CLASS 2012 2013 % DIFFERENCE
02 (Las Cruces-In) Residential 0.028803 0.02917 1.27%
02 (Las Cruces-In) Non-residential 0.032489 0.032443 -0.14%
03 (Las Cruces-Out) Residential 0.023361 0.023635 1.17%
03 (Las Cruces-Out) Non-residential 0.026541 0.026545 0.02%
04 Mesilla Residential 0.024398 0.024695 1.22%
04 Mesilla Non-residential 0.028881 0.028885 0.01%
11 (Hatch-In) Residential 0.031821 0.03214 1.00%
11 (Hatch-In) Non-residential 0.034732 0.035016 0.82%
12 (Hatch-Out) Residential 0.026394 0.02664 0.93%
12 (Hatch-Out) Non-residential 0.02936 0.029516 0.53%
16 (Sunland Park-In) Residential 0.036957 0.03726 0.82%
16 (Sunland Park-In) Non-residential 0.040537 0.041007 1.16%
17 Unincorporated (Anthony/Chaparral) Residential 0.030169 0.030432 0.87%
17 Unincorporated (Anthony/Chaparral) Non-residential 0.033358 0.033357 0.00%
*18 Incorporated (Anthony) Residential 0.030169 0.030432 0.87%
*18 Incorporated (Anthony) Non-residential 0.033358 0.033357 0.00%


* For taxation purposes, the incorporation of the City of Anthony has resulted in the need to create a new school district. The first two digits of the Anthony parcels begin with "18" instead of "17".

PLEASE NOTE: The rates above include the flood rate of 0.001222.

The school district is the first two digits of a property's parcel number. Example: 11-12345 is school district 11 ( inside the Hatch village limits)