Property Tax in Taos County
via TaxByCounty
Taos offers the nation's lowest tax rates
Taos County's effective tax rate of 0.329% ranks among the lowest in the entire United States, sitting far below the national median of 0.79%. Despite a median home value of $354,000—26% above the national average—Taos residents pay just $1,164 annually, well below the national median of $2,690.
Taos has New Mexico's second-lowest rate
Taos County's 0.329% effective tax rate is the second-lowest in New Mexico, trailing only Santa Fe County (0.506%), and represents a remarkable 45% discount versus the state average of 0.595%. This exceptionally favorable rate makes Taos a tax haven within the state.
Taos taxes are unmatched in the region
Taos's 0.329% rate is the lowest among all northern New Mexico counties, beating San Miguel (0.558%), Sandoval (0.760%), and all other regional peers by substantial margins. Only Santa Fe County comes close with a 0.506% rate, making both northern counties exceptionally tax-friendly.
Premium properties, minimal tax bills
On a median home value of $354,000, Taos's 0.329% effective rate means approximately $1,164 in annual property taxes. Homeowners with mortgages typically pay $1,461 yearly, while those without mortgages pay around $974.
Even Taos homeowners should check assessments
Taos's remarkably low rates don't guarantee accurate assessments; some homeowners may still carry valuations exceeding market worth. Reviewing your assessment or filing an appeal with the county is a simple way to confirm you're paying fairly.