Chaves County, NM property tax
Census ACS 2023 5-year estimates · updated 2026-09-20
The median effective property tax rate in Chaves County is 0.64%, below the New Mexico median of 0.72% and below the national median of 0.98%. The median homeowner pays $915 a year on a home worth $141,900.
- Effective rate
- 0.64%
- Median annual bill
- $915
- Median home value
- $141,900
- Rank in New Mexico
- 8of 32
Estimated annual bill by home value
| Home value | Estimated bill | Per month |
|---|---|---|
| $200,000 | $1,280 | $107 |
| $300,000 | $1,920 | $160 |
| $400,000 | $2,560 | $213 |
| $500,000 | $3,200 | $267 |
| $750,000 | $4,800 | $400 |
| $1,000,000 | $6,400 | $533 |
Chaves County compared with New Mexico and the US
| Area | Effective rate | Median bill | Median home value |
|---|---|---|---|
| Chaves County | 0.64% | $915 | $141,900 |
| New Mexico median | 0.72% | $1,669 | $232,200 |
| United States median | 0.98% | $2,969 | n/a |
Rates and medians: U.S. Census Bureau, ACS 2023 5-year estimates, tables B25103 and B25077. Effective rate is median taxes paid divided by median owner-occupied home value.
Frequently asked questions
What is the property tax rate in Chaves County, NM?
The median effective property tax rate in Chaves County is 0.64% of home value, below the New Mexico median of 0.72% and below the national median of 0.98%. The median homeowner pays $915 a year on a median home value of $141,900 (Census ACS 2023 5-year).
How much is property tax on a $400,000 house in Chaves County?
About $2,560 per year at the county's median effective rate of 0.64%, before exemptions. The exact bill depends on the city, school district and special districts that serve the parcel, so treat this as a planning estimate.
How does Chaves County compare with the rest of New Mexico?
Chaves County ranks 8 of 32 New Mexico counties by effective rate. The New Mexico median is 0.72% and the median bill is $1,669.