Calculate using real Albuquerque data. Median home price: $290,000. Property tax rate: 0.78%.
The effective property tax rate in Albuquerque, NM is 0.78%. On the median home value of $290,000, that equals approximately $2,262 per year.
At the 0.78% effective rate, a $290,000 home in Albuquerque, NM would pay about $2,262 annually, or $189 per month.
The 0.78% rate in Albuquerque, NM is below the national average of roughly 1.1%.