87730 Property Tax Rate
Mills, New Mexico · Part of Harding County
Effective Tax Rate
0.80%
21.2% below state avgMedian Annual Tax
$900
$75/mo escrow
Estimate Your Tax
Annual Tax
$900
Monthly
$75
Eff. Rate
0.80%
How ZIP 87730 Compares
Median Annual Property Tax
ZIP 87730
0.80%
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 84% of ZIP codes in New Mexico(84th percentile, 227 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 87730
Property owners in ZIP code 87730 (Mills, New Mexico) pay a median of $900/year in property taxes on homes valued at $112,500. This translates to an effective tax rate of 0.80%, which is 36% above the New Mexico state average of 0.59%.
The monthly property tax burden for a median-valued home in 87730 is approximately $75, which factors into escrow payments on mortgages. This ZIP code is located within Harding County. This is $242 less than the New Mexico average of $1,142/year.
Compared to similar ZIP codes in New Mexico, 87730 has lower property taxes. ZIP codes with similar effective rates include 87020 (0.80%) and 88047 (0.79%).
New Mexico imposes no property tax cap on reassessment; Harding County will assess your property at market value following sale. Harding County offers Homestead and Senior Exemptions that reduce assessed value for primary residences — file applications with the Harding County Assessor's office immediately after purchase with proof of residency and age documentation. Request confirmation from the Harding County Assessor that your exemption was recorded on your tax account before the first bill is issued.
Frequently Asked Questions
What is the property tax rate in ZIP code 87730?
How much are property taxes in Mills, NM (87730)?
How does ZIP 87730 compare to the New Mexico average?
What is the median home value in ZIP 87730?
What county is ZIP code 87730 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$854. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 87730 is part of Harding County, New Mexico. View the full county profile for broader context and more data.
View Harding County on TaxByCounty →Similar ZIP Codes in New Mexico
87020
+0.00%Grants
0.80%
$1,240/yr
88047
-0.01%Mesilla Park
0.79%
$864/yr
87144
+0.01%Rio Rancho
0.81%
$2,279/yr
88021
+0.02%Anthony
0.82%
$1,235/yr
87024
+0.02%Jemez Pueblo
0.82%
$1,519/yr
88401
-0.02%Tucumcari
0.78%
$511/yr
88063
+0.03%Sunland Park
0.83%
$1,009/yr
87418
-0.03%La Plata
0.77%
$1,540/yr
88321
-0.03%Encino
0.77%
$8,465/yr
87121
+0.03%Albuquerque
0.83%
$1,600/yr
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.