StateRates

Los Alamos County, New Mexico property tax

The median homeowner in Los Alamos County, New Mexico pays $2,591 a year in property tax on a home worth $452,500, an effective rate of 0.57%. The national effective rate is 0.98%.

Effective rate 0.57% #12 of 26 in New Mexico
Median tax bill $2,591 per year
Median home value $452,500 owner-occupied
Median income $143,188 household

What the rate means here

At 0.57%, Los Alamos County taxes property more lightly than the national 0.98%. A low rate on an expensive house is not the bargain it looks like. The median bill is still $2,591, because 0.57% of $452,500 is not a small number.

It ranks #12 of 26 New Mexico counties by effective rate, against a statewide 0.72%, and #2,193 nationally. The state runs from 1.89% in McKinley County down to 0.33% in Taos County.

The median home costs 3.16 times the median household income of $143,188, close to the national 3.86. Incomes here run above the national median, which is what keeps that ratio ordinary despite the house prices. This is a small rural county of 19,374 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,425 per year at 0.57%
$400,000 home $2,280 per year at 0.57%
$600,000 home $3,420 per year at 0.57%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Los Alamos County, New Mexico against New Mexico and the country
Los Alamos County New Mexico United States
Effective property tax 0.57% 0.72% 0.98%
Median tax bill $2,591 $1,669 $2,969
Median home value $452,500 $232,200 $303,400
Median gross rent $1,308 $1,021 $1,348
Median household income $143,188 $62,125 $78,538
Home price to income 3.16× 3.74× 3.86×
Rent as share of income 10.96% 19.72% 20.6%
Owner-occupied 74.55% 69.34% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 19,374.

Nearby counties of similar size

Other New Mexico counties
County Rate Median bill Home value
Roosevelt County 0.44% $593 $136,000
Lincoln County 0.54% $1,143 $212,200
Socorro County 0.55% $792 $143,200
Torrance County 0.47% $677 $145,100
Luna County 0.58% $648 $112,500

Los Alamos County property tax: common questions

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

The effective rate is 0.57% of home value, from a median tax bill of $2,591 against a median home value of $452,500. That is 0.41 points below the national 0.98%.

How much is property tax on a $400,000 home in Los Alamos County?

Roughly $2,280 a year at the county effective rate of 0.57%.

Is Los Alamos County expensive compared with the rest of New Mexico?

It ranks #12 of 26 New Mexico counties by effective property tax rate, and #2193 of 2,826 nationally. That is 0.15 points below the New Mexico average of 0.72%.

What does housing cost in Los Alamos County?

The median home is worth $452,500 and median gross rent is $1,308 a month. Median household income is $143,188, which puts the home at 3.16 times annual income and rent at 10.96% of it.