Homestead Exemption Finder
Information only. Homestead Exemption Finder is not a government agency or tax adviser. Exemptions are granted by your county or local assessor, so confirm the rules and deadline with them.

New Mexico Homestead Exemption & Property Tax Relief

The main statewide homestead exemption or property tax relief program for New Mexico homeowners, summarized from the official state source with the date we last checked it.

Head of Family Exemption

New Mexico Taxation and Revenue Department

Most homeowners

What it does
Reduces the taxable value of residential property owned by a head of family.
Who qualifies
New Mexico residents who are heads of family.
How to apply
File proof of eligibility with your county assessor.

Last checked Oct 21, 2026 · Official source ↗

How to apply in New Mexico

  1. Confirm the home is your primary residence and that you owned and lived in it by the qualifying date your county uses.
  2. Find your local office. File proof of eligibility with your county assessor.
  3. Gather proof: usually a deed or closing statement, a driver's license or state ID at the property address, and (for senior, disability or veteran relief) proof of age, disability rating or income.
  4. File and keep a copy. Filing is free.
  5. Check your next tax bill or assessment notice to confirm the exemption appears.

Estimate your savings See filing deadlines

Buying a home in New Mexico? Before you close, see the New Mexico down payment assistance programs on DPA Finder. After you move in, file your homestead application as soon as your county allows.

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