New Mexico · FIPS 35001 · ACS 2020–2024
Bernalillo County, New Mexico property tax rate
Homeowners in Bernalillo County paid a median of $2,629 a year in real estate taxes on a median home value of $292,900 (2020–2024 survey). Taxes came to 0.85% of home value, 35% above the New Mexico rate of 0.63% and 10% below the U.S. rate of 0.94%.
- 0.85%Effective tax rate±0.02% margin · New Mexico: 0.63%
- $2,629Median tax per yearNew Mexico: $1,731 · U.S.: $3,119
- $292,900Median home valueNew Mexico: $248,100
- 184,254Owner-occupied homes65% of households own
| Measure | Bernalillo County | New Mexico | U.S. | Bernalillo County 2019–2023 | Change |
|---|---|---|---|---|---|
| Effective tax rate | 0.85% | 0.63% | 0.94% | 0.88% | −0.03 pts |
| Median tax, all owners | $2,629 | $1,731 | $3,119 | $2,544 | +$85 (+3.3%) |
| Median tax, with a mortgage | $2,695 | $2,030 | $3,489 | $2,607 | +$88 (+3.4%) |
| Median tax, no mortgage | $2,503 | $1,332 | $2,576 | $2,427 | +$76 (+3.1%) |
| Median home value | $292,900 | $248,100 | $332,700 | $268,500 | +$24,400 (+9.1%) |
| Total taxes paid | $521,664,800 | $1,149,262,600 | $360,573,527,500 | $501,226,300 |
How Bernalillo County compares
- Per $1,000 of home value, owners here paid about $8.49 a year, against $6.27 statewide and $9.40 nationally.
- Rank in New Mexico: 22 of 22 counties from lowest to highest effective rate (among those with reliable estimates). Nationally, 58% of 2,682 counties had a lower rate.
- Homes with a mortgage: 0.86% of value; homes without one: 0.83%. Median bills: $2,695 and $2,503.
- Compared with the 2019–2023 survey, the effective rate fell (−0.03 pts) and the median tax changed +$85 (+3.3%). The two 5-year surveys share four years of responses, so year-to-year moves are small and partly noise.
- Margin of error: the effective rate is 0.85% ± 0.02% at 90% confidence, from a sample of the 184,254 owner-occupied homes.
New Mexico counties with similar rates
| County | Effective rate | Median tax | Median value |
|---|---|---|---|
| Otero County | 0.56% | $902 | $162,700 |
| Sierra County | 0.57% | $789 | $152,600 |
| Valencia County | 0.57% | $1,374 | $223,000 |
| Roosevelt County | 0.60% | $616 | $135,800 |
| Chaves County | 0.61% | $935 | $156,400 |
| Doña Ana County | 0.64% | $1,480 | $220,800 |
| Curry County | 0.64% | $1,017 | $171,200 |
| Sandoval County | 0.66% | $2,296 | $313,800 |
Sources
- U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, table-based summary file: B25090 (aggregate real estate taxes), B25082 (aggregate home value), B25103 (median real estate taxes), B25077 (median home value) and B25003 (tenure); files dated January 29, 2026.
- U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates, same tables (files dated October 31, 2024), for the comparison column.
- Geography names: Census Bureau Geos20245YR.txt (file dated January 22, 2026).
Effective rate = total real estate taxes paid by owner-occupied homes ÷ their total value, as reported by owners to the Census Bureau. It is not a millage rate. Your bill depends on your assessed value, exemptions (such as homestead) and local levies.