Socorro County Property Tax Rate — New Mexico 2026
In Socorro County, New Mexico, homeowners pay a median annual property tax of $792 on a median home value of $143,200, resulting in an effective property tax rate of 0.55%. This rate is 0.17% lower than the New Mexico state average (0.72%) and 0.36% lower than the national average (0.91%).
How Socorro County Compares
Homeowners in Socorro County enjoy a relatively low property tax burden compared to both the New Mexico state average and the national average.
Property Tax Calculator for Socorro County
Enter your home’s estimated market value to calculate your approximate annual property tax in Socorro County, New Mexico.
This estimate uses the effective tax rate of 0.55% based on ACS data. Actual taxes may differ based on local assessments, exemptions, and levies.
Housing Breakdown
Property Tax Details for Socorro County, New Mexico
The median property tax paid by homeowners in Socorro County is $792 per year. Based on a median home value of $143,200, this translates to an effective property tax rate of 0.55%.
For context, the statewide median property tax in New Mexico is $1,669 with an effective rate of 0.72%, while the national average effective rate stands at 0.91%. Socorro County’s effective rate is 0.17% lower than the New Mexico state average (0.72%).
Of the 5,222 housing units in Socorro County, approximately 73.52% are owner-occupied and 26.48% are renter-occupied. Homeownership rates can influence local tax policy, as communities with higher ownership rates often see more voter engagement on property tax issues.
Important: The data on this page is for informational purposes only and should not be used as tax advice. Actual property taxes depend on your property’s assessed value, local millage rates, and any applicable exemptions. Contact your county assessor’s office for precise tax information.