Quay County, New Mexico Property Taxes
Median Quay County effective property tax rate: 0.98%, slightly lower than the national median of 1.02%.
Median Quay County home value: $31,267
Median annual Quay County tax bill: $307, $2,093 lower than the national median property tax bill of $2,400.
How are property taxes in Quay County calculated?
Property taxes in Quay 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 Quay or another part of Quay County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Quay County, New Mexico Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.98%
Estimate Property Tax Bill
$306
$284
Property Tax Rates Across Quay County, New Mexico
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 Quay County Tax Rate
0.98%
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 New Mexico Tax Rate
0.86%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Quay County, New Mexico
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bard | 0.53% | 0.69% | 0.69% | 0.69% | 0.70% |
Cuervo | N/A | N/A | N/A | N/A | N/A |
Glenrio | N/A | N/A | N/A | N/A | N/A |
Grady | 0.60% | 0.69% | 0.74% | 0.74% | 0.76% |
House | 0.70% | 0.74% | 0.74% | 0.96% | 0.96% |
Logan | 0.76% | 1.00% | 1.00% | 1.00% | 1.00% |
Mcalister | 0.62% | 0.65% | 0.71% | 0.74% | 0.74% |
Melrose | 0.37% | 0.62% | 0.65% | 0.65% | 0.66% |
Nara Visa | 0.64% | 0.75% | 0.75% | 0.75% | 0.75% |
San Jon | 0.42% | 0.66% | 0.69% | 0.86% | 0.86% |
Tucumcari | 0.77% | 0.88% | 0.98% | 1.10% | 1.10% |
Source: Ownwell
Property Tax Assessment Values Across Quay County, New Mexico
When examining property taxes in Quay 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 Quay County Assessor's Office 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.
In Quay 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 Quay County. For example, the median tax bill in Quay County is $350, with tax bills ranging significantly across the county. McAlister has the highest median home price at $47,391.
Median Quay County Market Value
$31,267
Median New Mexico Market Value
$121,540
Median United States Market Value
$235,294
Property Tax Assessment Values Across Quay County, New Mexico
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bard | $6,580 | $13,624 | $42,477 | $84,974 | $115,209 |
Cuervo | N/A | N/A | N/A | N/A | N/A |
Glenrio | N/A | N/A | N/A | N/A | N/A |
Grady | $6,898 | $20,792 | $36,852 | $90,721 | $112,019 |
House | $6,354 | $11,697 | $27,276 | $64,470 | $100,251 |
Logan | $3,146 | $4,739 | $22,124 | $83,173 | $172,704 |
Mcalister | $6,830 | $20,046 | $47,391 | $90,943 | $162,019 |
Melrose | $3,561 | $11,208 | $32,068 | $48,164 | $86,262 |
Nara Visa | $5,300 | $12,168 | $20,585 | $45,385 | $103,910 |
San Jon | $4,518 | $10,811 | $24,403 | $66,498 | $111,449 |
Tucumcari | $4,837 | $16,050 | $33,823 | $67,585 | $117,719 |
Source: Ownwell
Property Tax Bills Across Quay County, New Mexico
Median Quay County Tax Bill
$307
Median New Mexico Tax Bill
$1,192
Median United States Tax Bill
$2,400
Property Tax Bills Across Quay County, New Mexico
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bard | $32 | $94 | $267 | $548 | $798 |
Cuervo | N/A | N/A | N/A | N/A | N/A |
Glenrio | N/A | N/A | N/A | N/A | N/A |
Grady | $52 | $164 | $253 | $645 | $839 |
House | $38 | $91 | $249 | $508 | $833 |
Logan | $29 | $46 | $212 | $802 | $1,744 |
Mcalister | $40 | $127 | $284 | $600 | $1,071 |
Melrose | $23 | $59 | $143 | $339 | $558 |
Nara Visa | $38 | $80 | $143 | $358 | $737 |
San Jon | $27 | $68 | $178 | $477 | $818 |
Tucumcari | $44 | $154 | $345 | $677 | $1,096 |
Source: Ownwell