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.
- To check taxes due, use Taxes Due
- To search all information about taxes, use Tax Research
- Estimate property taxes using our Property Tax Estimator
- Property Tax Levy Certificate
Example Of Calculating Applicable Tax
|Full Value Of Property||Total Assessed Value||$ 100,000|
|Calculate Taxable Value||
Total Assessed Value / 3
$ 100,000 / 3
|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 * 0.028803
District 02 : In the city limits of Las Cruces at 2012 residential tax rate of 0.028803. See below for tax rates elsewhere.
Click on the map to open a full size school district map.
|TAX DISTRICT||CLASS||2011||2012||% DIFFERENCE|
|02 (Las Cruces-In)||Residential||0.028381||0.028803||1.49%|
|02 (Las Cruces-In)||Non-residential||0.032496||0.032489||-0.02%|
|03 (Las Cruces-Out)||Residential||0.021929||0.023361||1.19%|
|03 (Las Cruces-Out)||Non-residential||0.025376||0.026541||-0.03%|
|16 (Sunland Park-In)||Residential||0.031612||0.036957||13.20%||16 (Sunland Park-In)||Non-residential||0.035975||0.040537||9.42%|
|17 Unincorporated (Anthony/Chaparral)||Residential||0.028744||0.030169||0.88%|
|17 Unincorporated (Anthony/Chaparral)||Non-residential||0.032200||0.033358||-0.04%|
|*18 Incorporated (Anthony)||Residential||0.028744||0.030169||0.88%|
|*18 Incorporated (Anthony)||Non-residential||0.032200||0.033358||-0.04%|
* 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 0.001172.
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)