De Baca County, New Mexico Property Taxes

Name: Property Tax Bills Across De Baca County, New Mexico
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median De Baca County effective property tax rate: 0.78%, significantly lower than the national median of 1.02%. Median De Baca County home value: $35,902. Median annual De Baca County tax bill: $297, $2,103 lower than the national median property tax bill of $2,400.

How are property taxes in De Baca County calculated?

Property taxes in De Baca County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Fort Sumner or another part of De Baca County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

De Baca County, New Mexico Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.78%

Estimate Property Tax Bill

$280

$260

Ownwell’s De Baca County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in De Baca County with just two data points. By entering your property's estimated assessed value, our calculator applies De Baca County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in De Baca County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across De Baca County, New Mexico

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county's annual process of estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the essence of the annual process. De Baca County's effective property tax rate is lower than the national median property tax rate of 1.02%. The highest median tax rate in the county is found in Fort Sumner, while the lowest is in Yeso. This comparison highlights the diversity in property tax rates within the county. By understanding these variations, property owners can better navigate the property tax landscape and potentially identify opportunities for property tax appeals or exemptions.

Property Tax Rates Across De Baca County, New Mexico

Source: Ownwell

0.76%

0.77%

0.78%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective De Baca County Tax Rate

0.78%

Median Effective New Mexico Tax Rate

0.86%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across De Baca County, New Mexico

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Fort Sumner	0.67%	0.77%	0.78%	0.84%	1.04%
Taiban	0.67%	0.72%	0.77%	0.78%	0.78%
Yeso	0.68%	0.74%	0.76%	0.77%	0.78%

Source: Ownwell

Property Tax Assessment Values Across De Baca County, New Mexico

When examining property taxes in De Baca County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The De Baca County Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In De Baca County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in De Baca County. For example, the median tax bill in De Baca County is $461, with tax bills ranging significantly across the county. Yeso has the highest median home price at $55,434.

Property Tax Assessment Values Across De Baca County, New Mexico

Source: Ownwell

$35,298

$45,366

$55,434

Median De Baca County Market Value

$35,902

Median New Mexico Market Value

$121,540

Median United States Market Value

$235,294

Property Tax Assessment Values Across De Baca County, New Mexico

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Fort Sumner	$5,573	$16,688	$35,298	$69,134	$119,069
Taiban	$12,688	$24,234	$51,957	$98,514	$121,472
Yeso	$3,035	$25,161	$55,434	$87,810	$107,489

Source: Ownwell

Property Tax Bills Across De Baca County, New Mexico

In De Baca County, NM, property tax bills are determined by the assessed value of a home and the local tax rate. The assessed value is typically a percentage of the property's market value, which is determined by the county assessor. The tax rate is then applied to this assessed value to calculate the annual tax bill. Homeowners in De Baca County experience a range of tax bills, with the 25th percentile at $130 and the 75th percentile reaching $628. For those in the 90th percentile, tax bills can rise to $1,256. Comparatively, the national median property tax bill is $2,400, indicating that De Baca County generally has lower property tax bills. Within the county, Taiban has the highest median tax bill at $461, while Fort Sumner has the lowest at $295. These figures highlight the variability in tax burdens across different areas, affecting homeowners' financial planning and budgeting. Understanding these factors is crucial for homeowners to anticipate their annual property tax obligations.

Property Tax Bills Across De Baca County, New Mexico

Source: Ownwell

$295

$378

$461

Median De Baca County Tax Bill

$297

Median New Mexico Tax Bill

$1,192

Median United States Tax Bill

$2,400

Property Tax Bills Across De Baca County, New Mexico

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Fort Sumner	$46	$130	$295	$619	$1,256
Taiban	$97	$225	$461	$770	$900
Yeso	$24	$190	$431	$636	$820

Source: Ownwell