87105 Property Tax Rate
Albuquerque, New Mexico · Part of Bernalillo County
Effective Tax Rate
0.74%
30.4% above state avgMedian Annual Tax
$1,489
$124/mo escrow
Estimate Your Tax
Annual Tax
$1,489
Monthly
$124
Eff. Rate
0.74%
Buyer decision brief
What ZIP 87105 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$124/mo
Based on median annual tax paid
State context
0.15 percentage points above the New Mexico average
New Mexico average: 0.59%
Data confidence
High confidenceThe Census margin of error is $79, about 5% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Bernalillo County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 87105 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Strong ACS confidence
$79 tax MOE, 5% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County advisory available
Bernalillo County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 87105
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $200,300, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 0.74%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on New Mexico and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $124 per month before insurance, HOA dues, or special assessments.
Assessor verification
Bernalillo County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 87105 Compares
Median Annual Property Tax
ZIP 87105
0.74%
Effective rate
New Mexico Avg
0.59%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in New Mexico
Higher than 81% of ZIP codes in New Mexico(81th percentile, 227 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 87105
Property owners in ZIP code 87105 (Albuquerque, New Mexico) pay a median of $1,489/year in property taxes on homes valued at $200,300. This translates to an effective tax rate of 0.74%, which is 26% above the New Mexico state average of 0.59%.
The monthly property tax burden for a median-valued home in 87105 is approximately $124, which factors into escrow payments on mortgages. This ZIP code is located within Bernalillo County. This is $347 more than the New Mexico average of $1,142/year.
Compared to similar ZIP codes in New Mexico, 87105 has higher property taxes. ZIP codes with similar effective rates include 87001 (0.74%) and 87413 (0.75%).
In Albuquerque, property taxes represent approximately 3.0% of the median household income of $49,928, providing context for the relative tax burden on homeowners in this area.
New Mexico does not have a statewide property tax cap; your home will be reassessed at market value following purchase, and the Bernalillo County Assessor will establish a new taxable value based on the sale price. Bernalillo County offers a Homestead Exemption (up to $2,000 off assessed value for primary residences) and a Senior Exemption for residents 65+ — apply with the Bernalillo County Assessor's office with proof of residency and age. File your exemption claim immediately after closing to lock in the current tax year; contact the Bernalillo County Assessor at (505) 222-1300 to confirm the application deadline and required documentation.
Frequently Asked Questions
What is the property tax rate in ZIP code 87105?
How much are property taxes in Albuquerque, NM (87105)?
How does ZIP 87105 compare to the New Mexico average?
What is the median home value in ZIP 87105?
What county is ZIP code 87105 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$79. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 87105 is part of Bernalillo County, New Mexico. View the full county profile for broader context and more data.
View Bernalillo County on TaxByCounty →Explore Albuquerque, NM
View all 16 ZIP codes in Albuquerque with property tax comparisons.
View Albuquerque Property Tax Rates →Why compare these ZIPs?
Better comparison set for ZIP 87105
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
87008
Cedar Crest, NM
0.07 percentage points lower than ZIP 87105.
Rate
0.67%
Tax
$2,379
Quality
84
87059
Tijeras, NM
0.05 percentage points lower than ZIP 87105.
Rate
0.69%
Tax
$2,232
Quality
89
88321
Encino, NM
$896,200 higher median home value than ZIP 87105.
Rate
0.77%
Tax
$8,465
Quality
69
87540
Lamy, NM
0.15 percentage points lower than ZIP 87105.
Rate
0.59%
Tax
$4,053
Quality
77
87501
Santa Fe, NM
0.31 percentage points lower than ZIP 87105.
Rate
0.44%
Tax
$2,831
Quality
94
87122
Albuquerque, NM
$413,900 higher median home value than ZIP 87105.
Rate
0.90%
Tax
$5,510
Quality
101
87048
Corrales, NM
0.10 percentage points lower than ZIP 87105.
Rate
0.65%
Tax
$3,569
Quality
84
87508
Santa Fe, NM
0.23 percentage points lower than ZIP 87105.
Rate
0.52%
Tax
$2,729
Quality
94
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.