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
- $ 6,000
Net Taxable Value   $ 27,333
Calculate Total Taxes Owed Net Taxable Value * Mil Rate
$ 27,333 * 0.029269
$ 800.01

District 02 : In the city limits of Las Cruces at 2014 residential tax rate of 0.029269. See below for tax rates elsewhere.



Tax Rates



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



TAX DISTRICT CLASS 2013 2014 % DIFFERENCE
02 (Las Cruces-In) Residential 0.02917 0.029269 0.34%
02 (Las Cruces-In) Non-residential 0.032443 0.032428 -0.05%
03 (Las Cruces-Out) Residential 0.023635 0.023676 0.17%
03 (Las Cruces-Out) Non-residential 0.026545 0.026516 -0.11%
04 Mesilla Residential 0.024695 0.024731 0.15%
04 Mesilla Non-residential 0.028885 0.028856 -0.10%
11 (Hatch-In) Residential 0.03214 0.032187 0.15%
11 (Hatch-In) Non-residential 0.035016 0.034989 -0.08%
12 (Hatch-Out) Residential 0.02664 0.026687 0.18%
12 (Hatch-Out) Non-residential 0.029516 0.029489 -0.09%
16 (Sunland Park-In) Residential 0.03726 0.037203 -0.15%
16 (Sunland Park-In) Non-residential 0.041007 0.040967 -0.10%
17 Unincorporated (Anthony/Chaparral) Residential 0.030432 0.030449 0.06%
17 Unincorporated (Anthony/Chaparral) Non-residential 0.033357 0.033317 -0.12%
*18 Incorporated (Anthony) Residential 0.030432 0.030449 0.06%
*18 Incorporated (Anthony) Non-residential 0.033357 0.033317 -0.12%


* 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 0.001208.

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)