NM

New Mexico Veteran Benefits
2026 Complete Guide

New Mexico provides veteran benefits including property tax exemptions, vehicle registration discounts, and other state-specific programs. Combined with federal VA compensation, NM veterans can access significant annual value. Below is what we’ve documented so far — sign up for the full personalized breakdown.

3

State Benefits

2

Categories

50+

Federal Benefits

378+

Discounts

New Mexico State-Specific Benefits

Other Benefits (2)

New Mexico Income Tax Benefits

Retirement pay exempt

New Mexico Other Veteran Benefits

Combat veteran exemption on income

Property Tax Exemptions (1)

New Mexico Property Tax Exemption

100% P&T: full exemption

2026 Federal Compensation Rates

In addition to New Mexico state benefits, all veterans receive federal tax-free disability compensation. Here are the 2026 rates for a single veteran:

10% Rating$180.42/mo
20% Rating$356.66/mo
30% Rating$552.47/mo
40% Rating$795.84/mo
50% Rating$1132.90/mo
60% Rating$1435.02/mo
70% Rating$1808.45/mo
80% Rating$2102.15/mo
90% Rating$2362.30/mo
100% Rating$3938.58/mo

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Benefits by VA Disability Rating