Homeowners in El Cerro, New Mexico paid a median $1,856 a year in property tax on a median home worth $311,500, an effective rate of about 0.60% (Census 2020–2024).
0.62%Valencia County overall
El Cerro vs county, state and US
Effective rate
Median tax paid per year
Tax on a home in El Cerro
At the local 0.60% effective rate
| Home value | Estimated yearly tax | Per month |
|---|---|---|
| $150,000 | $894 | $74 |
| $250,000 | $1,490 | $124 |
| $350,000 | $2,085 | $174 |
| $500,000 | $2,979 | $248 |
Buying a home in Valencia County? 2026 loan limits
Nearby and related
- Valencia County property taxcounty overview
- New Mexico property tax by countyranked
- Los Lunas, NM0.74% effective
- Belen, NM0.73% effective
- Rio Communities, NM0.56% effective
- Meadow Lake, NM0.73% effective
- Valencia CDP (Valencia County), NM0.48% effective
- Cost of living in New Mexicoprices & rents
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020–2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax ÷ median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.
Frequently asked questions
What is the property tax rate in El Cerro, New Mexico?
Homeowners in El Cerro, New Mexico paid a median $1,856 a year in property tax on a median home worth $311,500, an effective rate of about 0.60% (Census 2020–2024).
How much is property tax on a $250,000 home in El Cerro?
About $1,490 a year at the 0.60% median effective rate. Exemptions such as homestead can lower it.
Is property tax in El Cerro higher than the rest of New Mexico?
El Cerro ranks #70 lowest of 129 New Mexico places we track. The statewide effective rate is 0.70%. Valencia County overall is 0.62%.