Question 1

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

Accepted Answer

The effective property tax rate on owner-occupied housing in Torrance County, New Mexico is 0.45%, which is 0.18 percentage points lower than the New Mexico average (0.63%).

Question 2

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

Accepted Answer

At an effective rate of 0.45%, a $400,000 home in Torrance County has an estimated annual property tax of about $1,800 (around $150 per month). The median annual property tax bill in Torrance County is $719.

Torrance County, New Mexico Mortgage Calculator