Rate Breakdown

Property taxes in Curry County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Curry County

In Curry County, property taxes are determined by a combination of the property’s assessed value and the local millage rate. The Curry County Assessor’s Office is responsible for valuing all real and personal property at its market value. By state law, the taxable value is generally set at 33.33% of that market value. Once the taxable value is established, it is multiplied by the local tax rate (the millage rate), which is set annually by various taxing entities, including the county, municipal governments, and school districts. These rates are expressed in dollars per $1,000 of taxable value. The resulting figure represents your annual property tax obligation, which funds essential public services such as education, emergency response, and infrastructure maintenance.

Available Exemptions

New Mexico offers several property tax exemptions designed to reduce the tax burden for specific groups of residents. It is important to note that these exemptions must be applied for through the County Assessor’s office.

• Head of Family Exemption: A $2,000 reduction in the taxable value of your primary residence.
• Veterans’ Exemption: Qualified honorably discharged veterans or their surviving spouses may receive a reduction in the taxable value of their property. A portion of this exemption may also be applied to motor vehicle registration fees.
• Disabled Veterans’ Exemption: Veterans who have been determined by the U.S. Department of Veterans Affairs to have a 100% permanent and total service-connected disability are generally exempt from all property taxes on their primary residence.
• Senior Citizen/Low-Income Valuation Freeze: Residents aged 65 or older who meet specific income requirements may qualify to have the valuation of their primary residence "frozen" at the value determined for the year they qualify, preventing future increases due to market fluctuations.

Payment Schedule & Deadlines

Property tax bills in Curry County are mailed by the County Treasurer by November 1st of each year. To avoid interest and penalties, payments must be handled according to the following schedule:

• First Half: Due on November 10th and becomes delinquent if not paid by December 10th.
• Second Half: Due on April 10th and becomes delinquent if not paid by May 10th.

Taxpayers may choose to pay the full annual amount by the December 10th deadline. If payments are not received by the delinquency dates, interest and penalties will accrue at the rates prescribed by New Mexico state law. Persistent non-payment may eventually lead to the placement of a tax lien on the property.

Appealing Your Assessment

If you believe your property has been incorrectly valued, you have the right to file a formal protest with the Curry County Assessor’s Office. You must file your protest within 30 days of the date printed on your Notice of Value. The process typically involves submitting evidence—such as recent appraisals, sales data of comparable properties, or proof of structural damage—that justifies a lower valuation. After reviewing your documentation, the Assessor may offer a settlement; if you remain dissatisfied, you may request a formal hearing before the County Valuation Protests Board.