How much do homeowners pay a month in La Plata, NM?
Homeowners with a mortgage in La Plata, NM pay a median of $1,317 (±$136) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $433 (±$122).
34.7% of owned homes carry a mortgage.
In La Plata, the median monthly cost with a mortgage went from $1,435 in 2015–2019 to $1,317 in 2020–2024 (−8.2%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- With a mortgage
- $1,317 (±$136)
- Without a mortgage
- $433 (±$122)
- Owned with a mortgage
- 34.7%
Monthly owner costs in La Plata
| La Plata | San Juan County | New Mexico | United States | |
|---|---|---|---|---|
| With a mortgage | $1,317 (±$136) | $1,499 (±$47) | $1,564 (±$11) | $1,963 |
| Without a mortgage | $433 (±$122) | $453 (±$17) | $451 (±$4) | $638 |
| Owned homes with a mortgage | 34.7% (±11.0 points) | 43.6% (±2.2 points) | 51.5% (±0.5 points) | 60.6% |
| Median real estate taxes (a year) | $1,491 (±$408) | $1,317 (±$56) | $1,731 (±$19) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In La Plata, the median cost with a mortgage is lower than in San Juan County ($1,499).
It is also lower than in New Mexico ($1,564).
It is lower than the national figure ($1,963).
In San Juan County, La Plata ranks 9 of 16 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 104 of 175.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in La Plata have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,435 (±$317) | $1,317 (±$136) | −8.2% | Down after inflation |
| Median real estate taxes | $704 (±$300) | $1,491 (±$408) | +111.8% | Up after inflation |
| Median home value | $150,000 (±$20,981) | $210,000 (±$36,986) | +40.0% | 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 monthly cost with a mortgage in places near La Plata
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| La Plata | — | $1,317 (±$136) | — |
| Flora Vista | 8.9 mi | $1,606 (±$75) | Higher |
| Spencerville | 9.0 mi | $1,696 (±$598) | Not measurably different |
| Farmington | 9.9 mi | $1,603 (±$71) | Higher |
| South River | 11 mi | $1,700 (±$295) | Higher |
| Crouch Mesa | 12 mi | $1,270 (±$396) | Not measurably different |
| Kirtland | 13 mi | $1,625 (±$146) | Higher |
| Center Point | 14 mi | $1,278 (±$141) | Not measurably different |
| Upper Fruitland | 14 mi | $1,069 (±$100) | Lower |
Nearby places with a measurably lower figure: Upper Fruitland, NM ($1,069).
Nearby places with a measurably higher figure: Flora Vista, NM ($1,606), Farmington, NM ($1,603), South River, NM ($1,700).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across San Juan County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 3 | South River | $1,700 (±$295) |
| 4 | Spencerville | $1,696 (±$598) |
| 5 | Kirtland | $1,625 (±$146) |
| 6 | Flora Vista | $1,606 (±$75) |
| 7 | Farmington | $1,603 (±$71) |
| 8 | West Hammond | $1,452 (±$165) |
| 9 | La Plata | $1,317 (±$136) |
| 10 | Center Point | $1,278 (±$141) |
| 11 | Crouch Mesa | $1,270 (±$396) |
| 12 | Aztec | $1,260 (±$152) |
| 13 | Angustura | $1,237 (±$127) |
| 14 | Bloomfield | $1,110 (±$78) |
| 15 | Upper Fruitland | $1,069 (±$100) |
Showing 13 of 16 places in San Juan County, ranked from highest to lowest.
La Plata is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about La Plata
What is the average mortgage payment in La Plata?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in La Plata, NM is $1,317 (±$136) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in La Plata?
Owners without a mortgage in La Plata pay a median of $433 (±$122) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in La Plata gone up?
In La Plata, the median monthly cost with a mortgage went from $1,435 in 2015–2019 to $1,317 in 2020–2024 (−8.2%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — La Plata CDP, New Mexico
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — La Plata CDP, New Mexico
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — La Plata CDP, New Mexico
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — La Plata CDP, New Mexico
- Median Value (B25077), 2015–2019 ACS 5-year estimates — La Plata CDP, 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 La Plata CDP, New Mexico (place:39030, in state:35).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
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 La Plata at a glance
- Renters and owners in La Plata
- Income and affordability in La Plata
- Home values in La Plata
- Property taxes in La Plata
- Types of homes in La Plata
- Heating fuel in La Plata
- Commute and cars in La Plata
- Population growth in La Plata
- New Mexico landlord and tenant rules
- Housing across San Juan County
- Housing data for every place in New Mexico