NM property taxes average 11th lowest among states

April 7, 2015 9:37 PM

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Homeowners in New Mexico get off comparatively easy when it comes to their real estate taxes, on average paying the 11th lowest bills among the 50 states, according to a new study by financial website WalletHub.

The average annual tax bill for a home in New Mexico is $1,249, a 40 percent discount on the average bill nationwide of $2,089. The state with the highest tax bill is New Jersey at $3,971, while the lowest is Hawaii at $482.

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