Socorro County, New Mexico

What is the property tax rate in Socorro County, New Mexico?
Socorro County, New Mexico has an effective property tax rate of 0.53% and a total tax burden of 8.48%, ranking #1905 nationally. The median property tax paid is $701/year on a home valued at $132,700.
Source: US Census ACS, 2022

Ranked #1905 nationally and #19 in New Mexico for total tax burden.

Total Tax Burden
8.48%
National: 1905th · State: 19th
Property Tax Rate
0.53%
National: 2445th · State: 19th
Income Tax Rate
4.213%
National: 1876th
Sales Tax Rate
7.72%
National: 1209th

Tax Burden Breakdown

Property Tax (20%)Income Tax (50%)Sales Tax (30%)
Median Income: $40,699
Median Home Value: $132,700
Median Property Tax: $701/yr
Population: 16,453

Similar Counties in New Mexico

Otero County8.47%Chaves County8.50%Curry County8.50%Grant County8.51%Cibola County8.43%Colfax County8.56%Torrance County8.31%Union County8.30%Catron County8.28%Luna County8.28%
← Back to New MexicoCalculate your burden →