New Mexico

Ruidoso Downs

City Ruidoso Downs is a city in New Mexico, in Lincoln County.

The median owner-occupied home in Ruidoso Downs had a real-estate tax bill of $365 (± $86) a year, compared with $1,669 in New Mexico and $2,969 nationwide. The Census estimate of the median home value is too imprecise to report.

U.S. Census Bureau estimates for Ruidoso Downs, New Mexico and the United States, with margins of error
MeasureRuidoso DownsNew MexicoUnited States
Population 2,629 ± 17 2,114,768 332,387,540
Median annual property tax bill (homeowners) $365 ± $86 $1,669 ± $21 $2,969 ± $3
Median home value Too imprecise to report (estimate $55,400, margin of error ± $51,283) $232,200 ± $1,548 $303,400 ± $362
Median household income $31,413 ± $8,226rough guide only: the margin of error is 26% of the estimate $62,125 ± $608 $78,538 ± $176
Property tax as a share of home value (calculated) Too imprecise to report (estimate 0.66%, margin of error ± 0.63 points) 0.72% ± 0.01 points 0.98% ± under 0.01 points
Homes lived in by their owners 69.9% ± 13.1 points 69.3% ± 0.4 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older 54.9% ± 25.4 pointsrough guide only: the margin of error is 46% of the estimate 36.8% ± 0.3 points 32.6% ± 0.2 points
Owners spending 30% or more of income on housing costs Too imprecise to report (estimate 11.6%, margin of error ± 13.0 points) 20.6% ± 0.5 points 22.2% ± 0.1 points
How to read these numbers

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2019–2023: tables B25103 (real estate taxes), B25077 (home value), B19013 (household income), B01003 (population), B25003 (owners and renters), B25007 (age of householder), B25091 (housing costs as a share of income); see the Census ACS data page.

If property taxes go unpaid in New Mexico

How it works. State Property Tax Division delinquent-real-property public auction; state issues tax deed after sale

Excess sale money. Property Tax Code regulation 3.6.7.80 states when sale proceeds exceed amounts retained by PTD and remitted to county treasurer, department notifies former owners of record of right to claim refund of excess funds under 7-38-71 procedures

These rules are set by New Mexico, not by Ruidoso Downs, so this section is the same for every place in the state. Last verified 2026-09-25. See the full New Mexico entry with statute links.

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