NM Property Tax, Head of Family Exemption

New Mexico Taxation and Revenue Department / Bernalillo County Assessor

Available Property Tax Relief

About This Program

NM Property Tax, Head of Family Exemption is available to homeowners in Albuquerque, NM.

New Mexico provides a $2,000 reduction in the taxable value of a primary residence for qualifying heads of family who are New Mexico residents. This exemption reduces property tax liability annually and must be applied for with the county assessor's office. It can be combined with veteran exemptions.

A $2,000 reduction in taxable value saves approximately $40-$80 per year depending on local mill rate. Reduces the base against which taxes are calculated.

Official program page checked live on 2026-06-22.

Data last verified 2026-04-03. How we verify our data.

In Albuquerque, NM, you can combine this program with other local help to cut your cost:

Key Details

  • Must be a New Mexico resident and head of family
  • Reduces taxable property value by $2,000
  • Apply at the Bernalillo County Assessor's Office by March 31
  • Can be combined with veteran or disabled veteran exemptions
  • Annual benefit; re-application may not be required once established

How to Apply

Get free help applying Visit Official Program Page Track this program

505-222-3700

A grant-savvy contractor in Albuquerque, NM can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • The program's own application form, completed (use the official link or phone number on this page).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Apply by March 31 each year with county assessor

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can NM Property Tax, Head of Family Exemption provide in Albuquerque, NM?

$2,000 off taxable property value.

Who qualifies for NM Property Tax, Head of Family Exemption in Albuquerque?

NM Property Tax, Head of Family Exemption is open to homeowners in Albuquerque, NM. It has no income limit.

How do I apply for NM Property Tax, Head of Family Exemption in Albuquerque, NM?

Apply directly with New Mexico Taxation and Revenue Department / Bernalillo County Assessor using the official program link on this page or call 505-222-3700. There is no middleman and no fee. Deadline: Apply by March 31 each year with county assessor.

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