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New Mexico does not have a sales tax. It has a gross receipts tax instead. This tax is imposed on persons engaged in business in New Mexico. In almost every case, the person engaged in business passes the tax to the consumer either separately stated or as part of the selling price.
New Mexico has state sales tax of 4.875%, and allows local governments to collect a local option sales tax of up to 7.125%. There are a total of 140 local tax jurisdictions across the state, collecting an average local tax of 2.375%.
New Mexico sales and use tax rates in 2024 range from 5.125% to 9.0625% depending on location. Use our calculator to determine your exact sales tax rate.
New Mexico has a 4.875% statewide sales tax rate, but also has 140 local tax jurisdictions (including cities, towns, counties, and special districts) that collect an average local sales tax of 2.375% on top of the state tax.
Look up 2024 New Mexico sales tax rates in an easy to navigate table listed by county and city. Free sales tax calculator tool to estimate total amounts.
New Mexico has a 4.88% sales tax rate. Localities can add as much as 2.74%, and the average combined rate is 7.62%, according to the Tax Foundation.
In addition to the state-level sales tax, cities and municipalities in New Mexico have the authority to levy their own gross receipts tax rates. These local rates can add up to 8%, resulting in a combined maximum sales tax rate of 8.938% in certain regions.
New Mexico has a lower-than-average state sales tax rate of 4.875%, but the actual combined sales tax rates are higher than average when local sales taxes from New Mexico's 140 local tax jurisdictions are taken into account.
The New Mexico sales tax rate is 5.13% as of 2024, with some cities and counties adding a local sales tax on top of the NM state sales tax. Exemptions to the New Mexico sales tax will vary by state.
New Mexico has a statewide gross receipts tax of 4.88%. Municipal governments in New Mexico are allowed to collect local sales taxes, so the total sales tax rate varies between cities, counties, and special districts.