What is the property tax rate in Rio Rancho, NM?

Rio Rancho has an estimated effective property tax rate of 0.77%. On a median home valued at $273,300, homeowners pay approximately $2,104 per year in property taxes.

How does Rio Rancho compare to Sandoval County?

Rio Rancho's effective rate of 0.77% is 5% higher than the Sandoval County average of 0.73%. The county-wide median annual tax is $2,296, while Rio Rancho homeowners pay an estimated $2,104.

How much are property taxes in Rio Rancho on a $300,000 home?

Based on Rio Rancho's effective rate of 0.77%, property taxes on a $300,000 home would be approximately $2,310 per year, or about $193 per month.

Rio Rancho Property Tax Rate

Sandoval County, New Mexico

0.77%effective rate

Rio Rancho is located in Sandoval County, New Mexico. Homeowners in Rio Rancho pay a median of $2,104 per year in property taxes on a home valued at $273,300, resulting in an effective tax rate of 0.77%. This is 5% higher than the Sandoval County average of 0.73%.

Effective Tax Rate🏠

0.77%

vs 0.73% county avg

Est. Annual Tax💰

$2,104

Per year

Median Home Value📊

$273,300

2024 estimate

Population📍

106,533

Rio Rancho, NM

How Rio Rancho Compares

Rio Rancho

0.77%

Sandoval County Average

0.73%

New Mexico Average

0.70%

National Average

0.92%

About Property Taxes in Rio Rancho

Property taxes in Rio Rancho are collected by Sandoval County. Tax exemptions available to Sandoval County residents — including homestead, senior, and disability exemptions — also apply to homeowners in Rio Rancho. For detailed information on available exemptions and the county tax collector, see the Sandoval County property tax page.

Property Tax Calculator

Estimate your annual property tax in Rio Rancho

Home Value

$50k$2M

Apply homestead exemption ($100,000 school tax reduction)

Estimated Annual Property Tax

$2,310

$193/month · Rate: 0.77%

Sandoval County Property Taxes

County-level data, exemptions, historical trends, and tax collector info.

View county details →

New Mexico Property Taxes

Statewide rates, all 33 counties, and exemptions.

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Think your property tax is too high?

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Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. City-level tax data is derived from Census place-level statistics. 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.