What is the median home price in Española?

The median home price in Española, Española city, New Mexico is $188,100, which is 33% below the national average of 281,900 ($281,900).

Española, Española city, New Mexico has a violent crime rate of 1.6 per 1,000 residents, which is 56% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 0.3 per 1,000 residents.

What is the Walk Score for Española?

Española, Española city, New Mexico has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 12/100.

What is the median household income in Española?

The median household income in Española, Española city, New Mexico is $44,427, which is 40% below the national average of 74,580 ($74,580).

What is the average rent in Española?

The median rent in Española, Española city, New Mexico is $714 per month. The national average median rent is $1,163/month.

What is the air quality in Española?

Española, Española city, New Mexico has an Air Quality Index (AQI) of 40, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Española?

The population of Española, Española city, New Mexico is approximately 10,473. The homeownership rate is 84.0% (national average: 65.9%).

What are the climate risks in Española?

Española, Española city, New Mexico has an overall climate risk rating of "Very High" with a risk score of 97.93. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Española affordable?

Española, Española city, New Mexico has an affordability index of 136, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 14.5¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Española?

The unemployment rate in Española, Española city, New Mexico is 5.3%. The national average unemployment rate is 3.7%. The poverty rate is 18.9% (national average: 12.4%).

Española

Española city, New Mexico

Affordable

About Española

Española, New Mexico, offers a compelling blend of Southwestern charm and affordability, a world away from the hustle of larger metropolitan areas. Imagine a lifestyle where the median home value hovers around $188,100, a significant contrast to the national average. This lower cost of entry allows for a more relaxed pace of life, where community ties are strong and the stunning landscapes of the Rio Grande Valley are practically in your backyard. The town's population of just over 10,000 creates a close-knit atmosphere, perfect for those seeking a welcoming environment.

From an investment perspective, Española presents a unique opportunity. While the median household income of $44,427 is lower than the national average, the cost of living is correspondingly reduced, making homeownership attainable. The market caters to first-time homebuyers, those seeking a second home, or investors looking for properties with strong rental potential. The area is known for its safety and offers a slower pace of life, ideal for families, retirees, and anyone looking to escape the pressures of a fast-paced urban existence.

Española, New Mexico at a Glance

Española is a city in Española city, New Mexico with a population of approximately 10,473. The median home value is $188,100 and the median household income is $44,427. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.6 per 1,000 residents, which is 56% below the national average. Air quality is rated Good. The overall climate risk is rated as "Very High." Median rent is $714 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.