Property Tax & Income in Catron County, New Mexico
Catron County has an effective property tax rate of 0.36%. On the median home value of $167,000, that's roughly $608 per year. Median household income is $49,864.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Catron County | New Mexico (state context) |
|---|---|---|
| Effective property tax rate1 | 0.36% | 0.55% |
| Median home value1 | $167,000 | — |
| State income tax3 | top rate 5.90% | top rate 5.90% |
| State sales tax3 | 7.68% combined | 7.68% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Catron County, NM
Catron County's effective property tax rate of 0.364% undercuts New Mexico's statewide median of 0.548%, and it sits well below the national median of 0.794% as well. Only one of New Mexico's 33 counties charges a lower rate, placing Catron County at 32nd. That ranking signals a decidedly low-tax environment: with a median home value of $167,000, the median annual real-estate tax bill comes to just $608. Households here earn a median of $49,864, while per-capita income stands at $31,016. Among the county's communities, which include Aragon, Datil, and Luna, property owners benefit from one of the lightest assessment rates available anywhere in the state.