Cost of Living in Espanola
Espanola's cost of living picture combines relatively moderate housing costs with a real, disclosed income gap relative to state and national medians.
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Learn moreRent and housing costs
Espanola's median rent ran approximately $1,800/month, up $400 from the prior year -- a real, notable increase -- while housing-price data itself carries a real, wide, unresolved cross-source spread.
A real, disclosed income gap
Median household income ran approximately $47,664, well below both the national median (~$74,580) and New Mexico's own statewide median -- a real factor shaping affordability here.
A genuinely low property tax rate, with a real spread
Rio Arriba County's effective property tax rate ran approximately 0.42%-0.81% depending on source.
Key takeaways
- Espanola's rent runs moderate but has risen notably ($400/year increase cited).
- Median household income runs well below national and state medians -- a real, disclosed factor.
- Rio Arriba County's property tax rate runs low, with a real, wide cross-source spread.
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