87565 Property Tax Rate
San Jose, New Mexico · Part of San Miguel County
Effective Tax Rate
1.99%
82.6% below state avgMedian Annual Tax
$199
$17/mo escrow
Estimate Your Tax
Annual Tax
$199
Monthly
$17
Eff. Rate
1.99%
Buyer decision brief
What ZIP 87565 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
$17/mo
Based on median annual tax paid
State context
1.40 percentage points above the New Mexico average
New Mexico average: 0.59%
Data confidence
Reference estimateCensus suppressed or did not publish a usable tax margin of error for this row. Treat the ZIP estimate as directional.
Verify before you offer
- Confirm parcel assessed value with San Miguel 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 87565 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
MOE unavailable or suppressed
Census suppressed or did not publish a usable tax MOE for this ZCTA.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County context only
San Miguel County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 87565
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 $9,999, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 1.99%, 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 $17 per month before insurance, HOA dues, or special assessments.
Assessor verification
San Miguel County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 87565 Compares
Median Annual Property Tax
ZIP 87565
1.99%
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 98% of ZIP codes in New Mexico(98th percentile, 227 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 87565
Property owners in ZIP code 87565 (San Jose, New Mexico) pay a median of $199/year in property taxes on homes valued at $9,999. This translates to an effective tax rate of 1.99%, which is 238% above the New Mexico state average of 0.59%.
The monthly property tax burden for a median-valued home in 87565 is approximately $17, which factors into escrow payments on mortgages. This ZIP code is located within San Miguel County. This is $943 less than the New Mexico average of $1,142/year.
Compared to similar ZIP codes in New Mexico, 87565 has higher property taxes. ZIP codes with similar effective rates include 87712 (1.99%) and 87034 (2.04%).
If you're considering purchasing a home in 87565, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult San Miguel County's tax assessor directly.
Frequently Asked Questions
What is the property tax rate in ZIP code 87565?
How much are property taxes in San Jose, NM (87565)?
How does ZIP 87565 compare to the New Mexico average?
What is the median home value in ZIP 87565?
What county is ZIP code 87565 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±-$333,333,333. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 87565 is part of San Miguel County, New Mexico. View the full county profile for broader context and more data.
View San Miguel County on TaxByCounty →Why compare these ZIPs?
Better comparison set for ZIP 87565
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
87538
Ilfeld, NM
1.76 percentage points lower than ZIP 87565.
Rate
0.23%
Tax
$567
Quality
66
87731
Montezuma, NM
1.68 percentage points lower than ZIP 87565.
Rate
0.31%
Tax
$535
Quality
69
87569
Serafina, NM
1.67 percentage points lower than ZIP 87565.
Rate
0.32%
Tax
$605
Quality
79
87552
Pecos, NM
1.57 percentage points lower than ZIP 87565.
Rate
0.42%
Tax
$1,014
Quality
79
87742
Rociada, NM
1.52 percentage points lower than ZIP 87565.
Rate
0.47%
Tax
$1,108
Quality
69
87560
Ribera, NM
1.48 percentage points lower than ZIP 87565.
Rate
0.51%
Tax
$506
Quality
73
87746
Solano, NM
1.43 percentage points lower than ZIP 87565.
Rate
0.56%
Tax
$1,192
Quality
73
87701
Las Vegas, NM
1.36 percentage points lower than ZIP 87565.
Rate
0.63%
Tax
$1,060
Quality
84
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.