Tax Rates

Share & Bookmark, Press Enter to show all options, press Tab go to next option
Print

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

Item / Calculation Detailed Example Amount
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 * 0.030459
$832.54

District 2: In the city limits of Las Cruces at 2024 residential tax rate of 0.030459. See below for tax rates elsewhere.

Tax Rates

 Tax Rate School_District-Thumbnail

 

Tax District Class 2023  2024 % Difference
02 (Las Cruces-In) Residential 0.030927
0.030459 -1.51%
02 (Las Cruces-In) Non-residential 0.034102  0.034078 -0.07%
03 (Las Cruces-Out) Residential 0.022106  0.021793 -1.42%
03 (Las Cruces-Out) Non-residential 0.024908  0.024911 -0.01%
04 Mesilla Residential 0.023147  0.022819 -1.42%
04 Mesilla Non-residential 0.027248  0.027245 -0.01%
11 (Hatch-In) Residential

0.030853

 

 0.030546

-1.00%

 

11 (Hatch-In) Non-residential 0.033609  0.033605 -0.01%
12 (Hatch-Out) Residential 0.025353  0.025115 -0.94%
12 (Hatch-Out) Non-residential 0.028109  0.028105 -0.01%
16 (Sunland Park-In) Residential 0.03851  0.038749 0.62%
16 (Sunland Park-In) Non-residential 0.042321  0.042869 1.29%
17-Unincorporated (Anthony/Chaparral) Residential 0.029262  0.029007 -0.87%
17-Unincorporated (Anthony/Chaparral) Non-residential 0.03208  0.032076 -0.01%
*18 Incorporated (Anthony) Residential 0.036056  0.034223 -5.08%
*18 Incorporated (Anthony) Non-residential 0.038874  0.037292 -4.07%

* For taxation purposes, the incorporation of the City of Anthony has resulted in the need to create a new school district. The parcels within the City of Anthony have a tax area id of "18IN".

Please Note: The rates above does not include the following:

  • Lower Rio Grande/Hueco at 0.001365
  • Caballo Soil and Water Conservation District at .0001
  • McLead Watershed District at 0.003960
  • La Union Watershed District at 0.003

The Assessor's Office converted to a new system and the tax area id corresponds to the school district based on the map above. Example: School District 02 has a tax area id of 2 In.

Free viewers are required for some of the attached documents.
They can be downloaded by clicking on the icons below.

Acrobat Reader Download Acrobat Reader Windows Media Player Download Windows Media Player Word Viewer Download Word Viewer Excel Viewer Download Excel Viewer PowerPoint Viewer Download PowerPoint Viewer