Home and mortgage
Chaves County, NM Property Tax Calculator
Chaves County homeowners pay a median $935 a year in property tax, 0.60% of a median $156,400 home: below New Mexico's 0.70% and the national 0.94%.
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Property tax in Chaves County by home value, at 0.60%
| Home value | A year | A month |
|---|---|---|
| $80,000 | $478 | $40 |
| $120,000 | $718 | $60 |
| $160,000 | $957 | $80 |
| $230,000 | $1,375 | $115 |
| $310,000 | $1,854 | $154 |
Chaves County against New Mexico and the US
| Effective rate | Median tax | Median home value | Median household income | |
|---|---|---|---|---|
| Chaves County | 0.60% | $935 | $156,400 | $52,938 |
| New Mexico | 0.70% | $1,731 | $248,100 | $64,059 |
| United States | 0.94% | $3,119 | $332,700 | $80,734 |
How this calculator works
Median real estate taxes paid ÷ median home value in Chaves County, from the Census Bureau's American Community Survey 2020–2024 5-year estimates. The calculator starts at the county's median home value and rate.
Questions people ask
What is the property tax rate in Chaves County?
The effective rate is 0.60%: a median $935 a year on a median $156,400 home. That's the 7th highest of the 11 New Mexico counties we cover.
How much is property tax on a $400,000 house in Chaves County?
About $2,392 a year, $199 a month, at the county's effective rate, before any exemption.
How does Chaves County compare with the rest of New Mexico?
Its rate is below the state's 0.70%. Across New Mexico, covered counties range from 0.48% to 2.00%.
How do I lower my Chaves County property tax?
Apply for every exemption you qualify for, such as a homestead exemption, and appeal your assessment if it is higher than comparable homes sold nearby; the county assessor explains the deadlines.
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Sources
Updated by the RateHerald team. The maths is tested against worked examples; report a problem.