Quay County Property Tax Rate
New Mexico
Quay County, New Mexico has an effective property tax rate of 0.61%, which is 34% lower than the national average of 0.92%. On a home valued at $87,200, homeowners pay approximately $532 per year in property taxes. Quay County ranks #10 out of 33 counties in New Mexico for property tax rates.
$532
Per year
$87,200
2024 estimate
1.27%
Median income: $41,946
#10
of 33 counties in NM
Tax Breakdown
With Mortgage
$785
median annual tax
Without Mortgage
$445
median annual tax
Homeowners with a mortgage in Quay County pay on average $340 more per year than those without. This difference often reflects how property tax escrow accounts in mortgaged homes capture the full tax obligation.
How Quay County Compares
Top Counties in New Mexico
New Mexico Property Tax Exemptions
Available to Quay County homeowners
Head of Household
$2,000 reduction in assessed value
Heads of household occupying primary residence
Over 65
Assessed value frozen at current level
Homeowners age 65+ with modified gross income under $32,000
Disabled Veteran
100% exemption for totally disabled veterans (up to specified value)
Veterans with 100% permanent service-connected disability
Property Tax Calculator
Estimate your annual property tax in Quay County
Estimated Annual Property Tax
$1,830
$153/month · Rate: 0.61%
Quick Facts
Think your property tax is too high?
Homeowners save an average of $1,148/year by appealing their assessment.
Learn How to Appeal →Frequently Asked Questions
Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.