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Overall Rating: 87/100 · 150,000 veterans (9.4% of population)
$30,000 exempt from state income tax
0.8% average effective rate
Full exemption
No veteran-specific exemptions (5.125% state)
$90,000
VA Medical Center
1501 San Pedro Drive SE, Albuquerque, NM 87108
(505) 265-1711
24/7 emergency, surgery, mental health, PTSD, women's health
Tuition waiver
Veterans qualify for reduced tuition at state schools
4-year value: $22,000
Median Home
$300,000
1BR Rent
$950/mo
COL Index
94
Unemployment
4.2%
Major employers: Kirtland Air Force Base, Sandia Labs, UNM, Presbyterian Healthcare
Pros: VA medical center, Kirtland AFB, full property tax exemption for 100%, affordable housing
Cons: Higher crime rates, moderate income tax on retirement over $30K
Most veterans considering New Mexico for relocation pair this with one of these next steps:
Compare side-by-side
Stack New Mexico against the other 49 states on tax breaks, healthcare, and employment preferences.
Don't skip
State property tax exemptions kick in at specific rating tiers. Get your rating before you relocate.
Quick calculator
Determines which New Mexico property tax tier you qualify for. 30 seconds.
Buying a home
$0 down, no PMI. Funding fee waived for service-connected veterans.
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