Torrance County, New Mexico

What is the property tax rate in Torrance County, New Mexico?
Torrance County, New Mexico has an effective property tax rate of 0.54% and a total tax burden of 8.31%, ranking #2014 nationally. The median property tax paid is $716/year on a home valued at $132,600.
Source: US Census ACS, 2022

Ranked #2014 nationally and #22 in New Mexico for total tax burden.

Total Tax Burden
8.31%
National: 2014th · State: 22nd
Property Tax Rate
0.54%
National: 2783rd · State: 18th
Income Tax Rate
4.349%
National: 1751st
Sales Tax Rate
7.72%
National: 1209th

Tax Burden Breakdown

Property Tax (17%)Income Tax (52%)Sales Tax (31%)
Median Income: $50,727
Median Home Value: $132,600
Median Property Tax: $716/yr
Population: 15,203

Similar Counties in New Mexico

Union County8.30%Catron County8.28%Luna County8.28%Eddy County8.27%Guadalupe County8.24%Mora County8.23%Cibola County8.43%Lea County8.17%Otero County8.47%Socorro County8.48%
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