Homeowners in De Baca County, NM pay a median $1,118 a year in property taxes, about 0.60% of the median home value of $187,500.
Data reviewed · ACS 2024 · Mortgage rates weekly · Methodology
Based on what homeowners in De Baca County pay: median taxes paid divided by median home value. If you bought years ago, New Mexico's assessment cap likely keeps your bill below this.
Enter any purchase price to see the full cost breakdown for De Baca County.
Everything due at closing plus your first twelve months of ownership. The detail is below.
Your numbers as a one-page PDF: $187,500 home, 20% down, 30-year loan at this week's 7.24%. Rates move every week; the PDF keeps today's.
Low flood risk. Flood insurance not typically required. Verify at msc.fema.gov for your specific property.
All figures are estimates for planning purposes only. Mortgage payment assumes a 30-year fixed rate of 7.24%, the Freddie Mac PMMS average for the week ending October 29, 2026. Your lender will confirm the actual rate. Closing costs vary by lender and transaction. Consult a licensed real estate attorney and lender before making any financial decisions.
De Baca County's 0.60% median tax-to-value ratio falls in the middle 50% of US counties, close to the national median of 0.81%. Within New Mexico's 33 counties, it's the 13th highest. On the county's median home value of $187,500, the typical homeowner pays $1,118 annually in property tax, $511 less than the national median of $1,629. New Mexico charges no state real estate transfer tax, which keeps closing costs here lower than high-transfer-tax states like New York, Pennsylvania, or Delaware.
Ways buyers in De Baca County may reduce their annual property tax. These programs apply statewide; verify county specifics with your local assessor.
Up to $2,000 off taxable value of residential property owned by the head of a family who is a New Mexico resident. One-time application.
View official source →$10,000 exemption for honorably discharged veterans (or widows/widowers). Increased from $4,000 in tax year 2024 and adjusted annually for inflation.
View official source →Residents 65+ or disabled with 2025 combined Modified Gross Income under $44,200 may apply to freeze the valuation of their primary residence. Becomes permanent after 3 consecutive years of approval.
View official source →Residential value increases are capped at 3% a year for an owner-occupied primary residence. A change of ownership resets the value to current market value.
View official source →Last verified April 2026. Exemption amounts and eligibility change frequently. Always confirm with your county assessor before claiming.
Answers to common questions about buying a home in De Baca County.
Homeowners in De Baca County pay a median $1,118 a year in property taxes, from 2024 US Census ACS 5-year estimates. There is no single property tax rate for De Baca County. The 0.60% figure commonly quoted is a county-wide median: the median annual property tax paid ($1,118) divided by the median home value ($187,500), from 2024 US Census ACS 5-year estimates. It is a statistic describing the county, not a rate levied on any particular property. Your own bill depends on your assessed value, the millage set by your overlapping taxing districts, any homestead or senior exemptions you qualify for, and special assessments. One thing to watch: the median reflects taxes paid by current owners. Residential value increases are capped at 3% a year for the current owner, but a change of ownership resets the value to current market value. So a buyer paying today's market price usually pays more than 0.60% of the purchase price.
No. New Mexico does not impose a state real estate transfer tax, which keeps closing costs in De Baca County lower than in states like New York, Pennsylvania, or Delaware where transfer taxes can add thousands of dollars at closing.
Flood risk is relatively low. Only 0.1% of De Baca County's land falls within a FEMA Special Flood Hazard Area. Flood insurance is not typically required, though individual properties near waterways may still be in a zone. Verify at msc.fema.gov.
On De Baca County's median home value of $187,500 with 20% down, buyer closing costs work out to roughly $3,283–$6,076, or 1.8–3.2% of the purchase price. That covers title insurance $800–$2,000; loan origination fee $750–$1,500; home appraisal $400–$700; home inspection $350–$600; recording fees $100–$300; prepaid mortgage interest $446; homeowners insurance (2 months) $250; property tax escrow (2-3 months) $186–$279. Transfer tax is listed separately. These are national ranges for each line item rather than De Baca County quotes, so treat them as a planning range and use the calculator above for your own purchase price.
Every county-specific figure on this page links to the exact public dataset it comes from. Verify the numbers yourself against the original source.
Source for the $1,118/yr median taxes paid (ACS 2024 5-year estimates, variable B25103_001E).
Source for the $187,500 median home value (variable B25077_001E). The 0.60% median tax-to-value ratio is median taxes paid divided by median home value.
Confirms New Mexico has no state real estate transfer tax. Verified April 2026.
Source for the county's flood hazard exposure (coastal and inland flood exposure area as a share of county area).
The national dataset behind the county report, including its technical documentation and release notes.
Look up a specific property's flood zone and insurance rate map before making an offer on a home in De Baca County.
Closing cost line items are national ranges, not county data. The methodology lists each range's source and the calculator's assumptions (mortgage rate, insurance, PMI).
New Mexico property tax exemptions: official sources
Verified April 2026.
What every buyer should read before making an offer.
Seven signs in an HOA's budget, reserve study, minutes and insurance that raise the risk of a special assessment, the numbers behind each, and what to ask.
Read the guide →Your HOA resale packet holds the CC&Rs, budget, reserve study and minutes. What each one says, where the costly rules hide, and the order to read them in.
Read the guide →An HOA capped rentals at 10 of 50 homes and grandfathered the existing landlords. How to find rental restrictions before closing, and what they cost you.
Read the guide →