Property Taxes By State > New Mexico > Socorro County Property Tax

Socorro County New Mexico Property Tax

$538.00 14th of 33

Median Property Tax In Socorro County, New Mexico

$108,400.00

Median Home Value In
Socorro County, New Mexico

0.50% 17th of 33

Median Property Tax
As Percentage Of Home Value

$40,344.00

Median Income In
Socorro County, New Mexico

The median property tax (also known as real estate tax) in Socorro County is $538.00 per year, based on a median home value of $108,400.00 and a median effective property tax rate of 0.50% of property value.

Socorro County collects very high property taxes, and is among the top 25% of counties in the United States ranked by property tax collections. Of the thirty-three counties in New Mexico, Socorro County is ranked 14th by median property taxes, and 17th by median tax as percentage of home value.

Socorro County has lower property taxes than many other New Mexico counties. The median home value is $108,400.00, compared to the median property value in New Mexico of $160,900.00

Property Tax Tip Note: Due to the complicated and varied methods used to calculate property tax in different counties, the best way to compare property taxes between jurisdictions is through median property tax values. If you need to calculate the exact tax due on your property, contact the Socorro County Tax Assessor.

Socorro County's Property Tax Is Higher Than Average

14th out of 33

By median yearly property tax

17th out of 33

By percentage of median home value

15th out of 33

By percentage of median income

You can see how Socorro County (highlighted in green) compares to the thirty-three other counties in New Mexico with the bar chart above, sorted by median property tax in dollars. For a visual map of county property tax rates in New Mexico, see our New Mexico county property tax map.

Property Tax Tip Remember: Real estate prices also play a large part in which New Mexico counties have the highest and lowest median property taxes. Higher-valued properties will generally have higher taxes, even if the median percentage of home value levied as property tax is different. For comparisons, you can also use Percentage Of Home Value.

Socorro County is located in New Mexico, which is ranked 42nd highest of the 50 states by median property tax. Here's how Socorro County's property tax compares to the 3,142 other counties nationwide:

N/A out of 3143

By median yearly property tax

N/A out of 3143

By percentage of median home value

N/A out of 3143

By percentage of median income

To see how New Mexico as a whole compares to the rest of the states, check our our interactive state-by-state property tax map. You can find statewide statistics on the New Mexico property tax page.

We have real estate tax tax information for a total of thirty-three New Mexico counties in addition to Socorro County. Choose any county from the list below, or see New Mexico property tax by county to see property tax information for all New Mexico counties on one page. To compare county tax rates with an interactive color-coded map, see our New Mexico property tax map.

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Our property tax lookup tool can help you find public record details about your property, including your most recent property assessment.

Socorro County Property Tax Assessor

Property tax assessments in Socorro County are the responsibility of the Socorro County Tax Assessor, whose office is located in Sorocco, New Mexico.

If you need to pay your property tax bill, ask about a property tax assessment, look up the Socorro County property tax due date, or find property tax records, visit the Socorro County Tax Assessor's page. Applications for the Socorro County homestead exemption, any property tax appeals, and applications for a current use tax reduction must also be submitted to the Socorro County Assessor's Office.

For some properties, you can easily find the most recent tax assessment by looking up the property address with our property records search. You can also use our Socorro County Property Tax Calculator to estimate your property tax based on median tax values (results open in new page).

Most Recent Property Valuation:

Citations

Link to this page:
Data Sources: Our property tax data is based on a 5-year study of median property tax rates conducted from 2006 through 2010.

United States Census Property Tax Data
U.S. Census Bureau
American Community Survey, 2006-2010
The Tax Foundation Property Tax Data
The Tax Foundation
Property Tax Calculations, July 2012
newmexico Property Tax Data
New Mexico Taxation and Revenue Department
Tax Statistics & References