PropertyTaxPeek

Colfax County, NM Property Tax Rate

Colfax County has an effective property tax rate of 0.54%, which is 0.52% below the national average.

2024 Data
Tax Rate
0.54%
Median Tax
$713
Median Home Value
$132,148
Population
12,387

Comparison with State & National Average

LocationRateMedian TaxMedian Home
Colfax County0.54%$713$132,148
New Mexico (state avg)0.67%$1,416$211,400
National Average1.06%$2,778$268,728

Property Tax Calculator

0.67%
Annual Tax
$2,345
Monthly Tax
$195
vs National Avg
-$345
(-37.4% rate difference)

Looking to reduce your housing costs? Compare mortgage refinancing rates to lower your monthly payment. Check homeowners insurance quotes for potential savings. Explore home equity loan offers for home improvements. Consider property tax appeal services if your assessment seems too high.

Colfax County Property Tax Information

Property owners in Colfax County, NM pay a median annual property tax of $713. The effective tax rate of 0.54% is lower than the New Mexico state average of 0.67%.

If your property assessment seems high, consider property tax appeal services to review your valuation. Many homeowners also benefit from homestead exemption programs that reduce the taxable value of their primary residence.

To understand total housing costs, factor in homeowners insurance quotes and current mortgage refinancing rates. See related data at SalaryByCity and CostByCity.

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