Homeowners in Raton, New Mexico paid a median $719 a year in property tax on a median home worth $134,300, an effective rate of about 0.54% (Census 2020–2024).
0.52%Colfax County overall
Raton vs county, state and US
Effective rate
Median tax paid per year
Tax on a home in Raton
At the local 0.54% effective rate
| Home value | Estimated yearly tax | Per month |
|---|---|---|
| $150,000 | $803 | $67 |
| $250,000 | $1,338 | $112 |
| $350,000 | $1,874 | $156 |
| $500,000 | $2,677 | $223 |
Buying a home in Colfax County? 2026 loan limits
Nearby and related
- Colfax County property taxcounty overview
- New Mexico property tax by countyranked
- Angel Fire, NM0.55% effective
- Maxwell, NM0.84% 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.
Major Cities & Counties in New Mexico
Largest by population (Census ACS 2020–2024). Property tax for each:
- Albuquerque pop. 562,218
- Las Cruces pop. 114,197
- Rio Rancho pop. 108,515
- Santa Fe pop. 89,019
- Roswell pop. 47,638
- Farmington pop. 46,314
- Hobbs pop. 40,252
- Clovis pop. 37,942
- South Valley pop. 37,120
- Carlsbad pop. 31,746
- Bernalillo County pop. 673,930
- Doña Ana County pop. 224,266
- Santa Fe County pop. 156,105
- Sandoval County pop. 153,604
- San Juan County pop. 120,942
- Valencia County pop. 78,458
- Lea County pop. 73,733
- McKinley County pop. 70,431
- Otero County pop. 68,816
- Chaves County pop. 64,217
Frequently asked questions
What is the property tax rate in Raton, New Mexico?
Homeowners in Raton, New Mexico paid a median $719 a year in property tax on a median home worth $134,300, an effective rate of about 0.54% (Census 2020–2024).
How much is property tax on a $250,000 home in Raton?
About $1,338 a year at the 0.54% median effective rate. Exemptions such as homestead can lower it.
Is property tax in Raton higher than the rest of New Mexico?
Raton ranks #56 lowest of 129 New Mexico places we track. The statewide effective rate is 0.70%. Colfax County overall is 0.52%.