Property Tax in Quay County
via TaxByCounty
Quay's taxes remain below national levels
Quay County's effective tax rate of 0.617% is substantially lower than the national median, with homeowners paying $507 annually on the median property value. This represents approximately 81% less than the national median tax bill of $2,690, positioning Quay among the lowest-taxed counties nationwide.
Quay slightly above state average
Quay County's 0.617% rate runs slightly above New Mexico's state average of 0.595%, reflecting a deliberate local funding strategy for county services. The median tax of $507 remains about 51% below the state median of $1,043, driven by Quay's relatively low median home values of $82,200.
Quay higher than neighbors but reasonable
Quay's 0.617% rate exceeds Mora (0.535%), Luna (0.576%), and Otero (0.563%), making it the highest among this cluster—yet still far below McKinley's 1.889%. For homeowners seeking rural living, Quay offers a modest rate premium that may reflect quality-of-life investments.
Median Quay home: $507 annual tax
On Quay's median home value of $82,200, property owners pay approximately $507 in annual taxes, one of the lowest absolute amounts in the state. Homeowners with mortgages typically pay $664 after insurance and fees, while those owning outright pay around $449.
Appeal your assessment if incorrect
Even with Quay's modest tax rates, homeowners should verify that their assessed values match recent market sales in their neighborhoods. Filing a free assessment appeal with the county can ensure you're not paying extra on an overstated valuation.