Rankings › Tax Burden › New Mexico
New Mexico #23
59.2 composite of 100 Based on 45% of intended metrics
ML
Michelle Lujan Grisham D
Governor · since 2019-01-01
Source: Wikidata (P6 head of government), retrieved 2026-06-18
Total state + local tax burden (% of income)10.2% · Tax Foundation 2022 ·
50.4
Property tax (effective rate)0.67% · ACS 1-year 2023 ·
76.7
Not yet sourced: Income tax (top + effective) (Tax Foundation rate-table parser pending); Sales tax (state + avg local) (Tax Foundation rate-table parser pending); Business tax climate index (Tax Foundation SBTCI parser pending); Excise / gas taxes (Tax Foundation parser pending).