Española, New Mexico property tax

Median property tax, home value and effective rate (Census 2020–2024)

Updated Oct 17, 2026, 1:57 AM ET
Effective property tax rate
0.49%

Homeowners in Española, New Mexico paid a median $1,032 a year in property tax on a median home worth $210,800, an effective rate of about 0.49% (Census 2020–2024).

Census ACS 2020–2024 5-year medians

#42 lowest of 129New Mexico places we cover

0.42%Rio Arriba County overall
Median tax paid
$1,032
per year, 2020–24
Median home value
$210,800
owner-occupied
Effective rate
0.49%
tax ÷ value
Tax vs. income
2.2%
of $47,667 median household income
Owner costs
$1,394/mo
median with a mortgage, incl. tax & insurance

Española vs county, state and US

Effective rate

Española0.49%
Rio Arriba County0.42%
New Mexico0.70%
United States0.94%

Median tax paid per year

Española$1,032
Rio Arriba County$1,021
New Mexico$1,731
United States$3,119

Tax on a home in Española

At the local 0.49% effective rate

Home valueEstimated yearly taxPer month
$150,000$734$61
$250,000$1,224$102
$350,000$1,713$143
$500,000$2,448$204

Buying a home in Rio Arriba County? 2026 loan limits

Nearby and related

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020–2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax ÷ median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.

Frequently asked questions

What is the property tax rate in Española, New Mexico?

Homeowners in Española, New Mexico paid a median $1,032 a year in property tax on a median home worth $210,800, an effective rate of about 0.49% (Census 2020–2024).

How much is property tax on a $250,000 home in Española?

About $1,224 a year at the 0.49% median effective rate. Exemptions such as homestead can lower it.

Is property tax in Española higher than the rest of New Mexico?

Española ranks #42 lowest of 129 New Mexico places we track. The statewide effective rate is 0.70%. Rio Arriba County overall is 0.42%.