How much are property taxes in Española, NM?
Homeowners in Española, NM pay a median of $1,032 (±$95) a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $1,155.
Homes without a mortgage pay a median of $967.
That is about 0.5% of the median home value of $210,800.
In Española, the median real estate tax went from $833 in 2015–2019 to $1,032 in 2020–2024 (+23.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median real estate taxes
- $1,032 (±$95)
- With a mortgage
- $1,155
- Without a mortgage
- $967
- Share of median value
- 0.5%
Real estate taxes in Española against Rio Arriba County, its state and the nation
| Española | Rio Arriba County | New Mexico | United States | |
|---|---|---|---|---|
| Median real estate taxes | $1,032 (±$95) | $1,021 (±$62) | $1,731 (±$19) | $3,119 |
| Homes with a mortgage | $1,155 (±$163) | $1,201 (±$58) | $2,030 (±$35) | $3,489 |
| Homes without a mortgage | $967 (±$94) | $873 (±$71) | $1,332 (±$23) | $2,576 |
| Median home value | $210,800 (±$9,912) | $243,700 (±$17,840) | $248,100 (±$1,957) | $332,700 |
In Española, the median real estate tax is not measurably different from Rio Arriba County ($1,021).
It is also lower than in New Mexico ($1,731).
It is lower than the national figure ($3,119).
In Rio Arriba County, Española ranks 4 of 8 places with a published estimate, from highest to lowest median real estate taxes.
Statewide, it ranks 85 of 171.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Taxes as a share of home value in Española
The median tax ($1,032) is 0.5% of the median home value ($210,800).
Across Rio Arriba County the same ratio is 0.4%.
Across New Mexico it is 0.7%.
This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.
Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.
How property taxes in Española have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median real estate taxes | $833 (±$48) | $1,032 (±$95) | +23.9% | No measurable change after inflation |
| Median home value | $160,100 (±$7,094) | $210,800 (±$9,912) | +31.7% | Up after inflation |
| Median owner cost with a mortgage | $1,195 (±$49) | $1,394 (±$130) | +16.7% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median real estate taxes in places near Española
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Española | — | $1,032 (±$95) | — |
| Ohkay Owingeh | 3.2 mi | $900 (±$621) | Not measurably different |
| La Mesilla | 4.3 mi | $1,399 (±$109) | Higher |
| La Villita | 6.8 mi | $932 (±$351) | Not measurably different |
| Chimayo | 7.0 mi | $822 (±$123) | Lower |
| El Rancho | 7.7 mi | $1,720 (±$164) | Higher |
| Pojoaque | 8.2 mi | $1,407 (±$192) | Higher |
| Nambe | 9.3 mi | $1,540 (±$335) | Higher |
| Los Alamos | 14 mi | $2,749 (±$221) | Higher |
Nearby places with a measurably lower figure: Chimayo, NM ($822).
Nearby places with a measurably higher figure: La Mesilla, NM ($1,399), El Rancho, NM ($1,720), Pojoaque, NM ($1,407).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Rio Arriba County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 1 | La Mesilla | $1,399 (±$109) |
| 2 | Dixon | $1,240 (±$218) |
| 3 | El Rito | $1,103 (±$435) |
| 4 | Española | $1,032 (±$95) |
| 5 | Chama | $1,006 (±$644) |
| 6 | La Villita | $932 (±$351) |
| 7 | Ohkay Owingeh | $900 (±$621) |
| 8 | Chimayo | $822 (±$123) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Española
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Española beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Española, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Española, and send estimates and invoices from your phone.
Questions about Española
How much are property taxes in Española?
The median real estate tax paid by homeowners in Española, NM is $1,032 (±$95) a year (2020–2024 American Community Survey).
What is the property tax rate in Española?
The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 0.5% of the median home value in Española, and the actual rate is set by the town, county and school district.
Have property taxes in Española gone up?
In Española, the median real estate tax went from $833 in 2015–2019 to $1,032 in 2020–2024 (+23.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Are property taxes in Española higher than in Rio Arriba County?
In Española, the median real estate tax is not measurably different from Rio Arriba County ($1,021).
It is also lower than in New Mexico ($1,731).
It is lower than the national figure ($3,119).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Española city, New Mexico
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Española city, New Mexico
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Española city, New Mexico
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Española city, New Mexico
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Española city, New Mexico
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Española city, New Mexico (place:25170, in state:35).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.
The API needs a free key.
B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Española at a glance
- Median rent in Española
- Rent by bedrooms in Española
- Rent burden in Española
- Renters and owners in Española
- Income and affordability in Española
- Home values in Española
- Homeowner costs in Española
- Types of homes in Española
- Bedrooms in Española
- Age of homes in Española
- Vacancy rate in Española
- Heating fuel in Española
- Commute and cars in Española
- Population growth in Española
- How long people stay in Española
- Crowding and facilities in Española
- New Mexico landlord and tenant rules
- Housing across Rio Arriba County
- New Mexico places ranked by property taxes
- Housing data for every place in New Mexico