San Juan County, New Mexico Property Taxes
The median property tax rate in San Juan County is 0.83%, which is slightly lower than both the national median of 0.99% and the New Mexico state median of 0.86%. With the median home value in San Juan County at $93,508, the typical annual property tax bill is $761, considerably less than the national median of $2,690. Property taxes in San Juan County are calculated based on the tax assessed value, which is often lower than the market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding San Juan County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Farmington or another part of San Juan County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
San Juan County, New Mexico Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$776
$720
Ownwell’s San Juan Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in San Juan with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in San Juan to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across San Juan County, New Mexico
Property taxes in San Juan County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in San Juan County is 0.83%, which is lower than the U.S. national median of 0.99%. Local government entities within San Juan County set these rates annually, and they can vary significantly between different areas within the county. Each year, San Juan County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares San Juan County's effective property tax rate with other areas in New Mexico and the national median. For comparison, the city of Bloomfield has one of the higher property tax rates in New Mexico at 0.90%, while the city of Kirtland boasts one of the lowest at 0.74%. Analyzing how San Juan County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average San Juan County Tax Rate
0.83%
Average New Mexico Tax Rate
0.86%
Average United States Tax Rate
0.99%
Property Tax Rates Across San Juan County, New Mexico
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aztec | 0.75% | 0.83% | 0.86% | 0.99% | 1.02% |
| Blanco | 0.74% | 0.83% | 0.83% | 0.85% | 0.91% |
| Bloomfield | 0.78% | 0.83% | 0.90% | 1.03% | 1.09% |
| Farmington | 0.74% | 0.78% | 0.81% | 0.83% | 0.83% |
| Flora Vista | 0.76% | 0.84% | 0.84% | 0.86% | 0.92% |
| Fruitland | 0.66% | 0.73% | 0.74% | 0.76% | 0.76% |
| Ignacio | 0.73% | 0.83% | 0.84% | 0.86% | 0.92% |
| Kirtland | 0.65% | 0.73% | 0.74% | 0.76% | 0.76% |
| La Plata | 0.73% | 0.75% | 0.80% | 0.82% | 0.86% |
| Nageezi | N/A | N/A | N/A | N/A | N/A |
| Navajo Dam | 0.78% | 0.83% | 0.85% | 0.86% | 0.93% |
| Waterflow | 0.59% | 0.73% | 0.74% | 0.76% | 0.76% |
Source: Ownwell
Property Tax Assessment Values Across San Juan County, New Mexico
In San Juan County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the San Juan County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in San Juan County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In San Juan County, Nageezi has the highest median tax bill at $2,212, while Ignacio has the lowest at $125. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across San Juan County, New Mexico
Source: Ownwell
$39,630
$109,117
$178,603
Average San Juan County Assessed Value
$93,508
Average New Mexico Assessed Value
$121,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across San Juan County, New Mexico
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aztec | $6,006 | $25,402 | $74,027 | $164,672 | $241,044 |
| Blanco | $3,537 | $24,867 | $55,625 | $140,762 | $217,784 |
| Bloomfield | $4,108 | $17,187 | $51,499 | $145,664 | $211,551 |
| Farmington | $6,831 | $31,570 | $119,664 | $193,762 | $288,270 |
| Flora Vista | $3,492 | $29,068 | $87,005 | $190,540 | $276,345 |
| Fruitland | $10,949 | $30,040 | $102,755 | $166,362 | $216,008 |
| Ignacio | $3,714 | $12,560 | $15,000 | $19,761 | $71,628 |
| Kirtland | $3,214 | $14,550 | $39,630 | $128,224 | $171,821 |
| La Plata | $9,077 | $36,514 | $123,270 | $202,655 | $283,836 |
| Nageezi | N/A | N/A | N/A | N/A | N/A |
| Navajo Dam | $5,548 | $16,574 | $40,748 | $103,150 | $174,667 |
| Waterflow | $6,963 | $25,874 | $52,903 | $122,934 | $174,846 |
Source: Ownwell
Property Tax Bills Across San Juan County, New Mexico
In San Juan County, NM, property tax bills are calculated based on the assessed value of the property, which is typically a percentage of the market value. The median home price in San Juan County is $93,508. The property tax rate is applied to this assessed value to determine the tax bill. Various factors, such as property location, improvements, and exemptions, can influence the assessed value. For homeowners in San Juan County, property tax bills can vary widely. The 25th percentile tax bill is $184, while the 75th percentile tax bill is $1,482, and the 90th percentile reaches up to $2,186. Notably, Nageezi has the highest median tax bill at $2,212, whereas Ignacio has the lowest at $125. These variations can significantly impact homeowners' annual expenses, making it crucial to understand how local assessments and rates affect individual tax liabilities. Compared to the national median property tax rate of 0.99%, San Juan County's tax rates can offer both lower and higher tax bills depending on the specific property and its assessed value.
Average San Juan County Tax Bill
$761
Average New Mexico Tax Bill
$1,192
Average United States Tax Bill
$2,690
Property Tax Bills Across San Juan County, New Mexico
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aztec | $40 | $194 | $629 | $1,512 | $2,251 |
| Blanco | $24 | $198 | $448 | $1,218 | $1,911 |
| Bloomfield | $28 | $139 | $463 | $1,417 | $2,009 |
| Farmington | $41 | $238 | $970 | $1,603 | $2,369 |
| Flora Vista | $25 | $214 | $719 | $1,615 | $2,306 |
| Fruitland | $65 | $221 | $772 | $1,250 | $1,623 |
| Ignacio | $31 | $107 | $125 | $178 | $593 |
| Kirtland | $21 | $91 | $277 | $948 | $1,308 |
| La Plata | $42 | $272 | $973 | $1,662 | $2,361 |
| Nageezi | N/A | N/A | N/A | N/A | N/A |
| Navajo Dam | $43 | $125 | $345 | $878 | $1,498 |
| Waterflow | $30 | $167 | $395 | $943 | $1,291 |
Source: Ownwell