Question 1

What is the property tax rate in Socorro County, New Mexico?

Accepted Answer

The effective property tax rate on owner-occupied housing in Socorro County, New Mexico is 0.58%, which is 0.05 percentage points lower than the New Mexico average (0.63%).

Question 2

How much is property tax on a $400,000 home in Socorro County, NM?

Accepted Answer

At an effective rate of 0.58%, a $400,000 home in Socorro County has an estimated annual property tax of about $2,320 (around $193 per month). The median annual property tax bill in Socorro County is $838.

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