Total monthly cost of ownership
Cost to Own a Home in Santa Clara Pueblo, New Mexico
A $206,000 home here costs
$1,605per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $69,000 a year.
A standard mortgage calculator would have told you $1,123. The real number is $482 higher every month, 43% more than the payment most buyers budget for.
Compare Rio Arriba County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Santa Clara Pueblo from a five-year rolling sample, and with about 1,002 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Rio Arriba County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Santa Clara Pueblo against Rio Arriba County and New Mexico
| Measure | Santa Clara Pueblo | Rio Arriba County |
|---|---|---|
| Median home value | $205,700 | $230,900 |
| Median property tax | $523 | $1,000 |
| Effective tax rate | 0.254% | 0.433% |
| Median gross rent | $1,014 | $760 |
| Population | 1,002 | 40,165 |
The weather behind that power bill
Santa Clara Pueblo sits in Rio Arriba County, which averages a high of 84.6°F in its hottest month and a low of 8.6°F in its coldest, with 14.13" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 147 cooling and 7,510 heating degree days, which is what sets the $108 electricity line above.
See the full climate breakdown for Rio Arriba County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Rio Arriba County
Full Rio Arriba County cost breakdown · Every county in New Mexico
Talk to someone who works this market
These are Santa Clara Pueblo averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Santa Clara Pueblo every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Santa Clara Pueblo I already own here and may sell
Common questions
How much does it cost to own a home in Santa Clara Pueblo?
A $206,000 home in Santa Clara Pueblo, New Mexico costs approximately $1,605 per month with 20% down at 7.24%. That is $1,123 principal and interest, $44 property tax, $90 homeowners insurance, $176 utilities and $172 set aside for maintenance.
What is the property tax rate in Santa Clara Pueblo?
Santa Clara Pueblo has an effective property tax rate of 0.254%, based on a median home value of $205,700 and median real estate taxes of $523. That is lower than the Rio Arriba County average of 0.433%.
What is the average home price in Santa Clara Pueblo?
The median owner-occupied home value in Santa Clara Pueblo, New Mexico is $205,700, against $230,900 across Rio Arriba County.
Is it cheaper to rent or buy in Santa Clara Pueblo?
Median gross rent in Santa Clara Pueblo is $1,014 a month, against $1,605 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Santa Clara Pueblo?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Santa Clara Pueblo, New Mexico at today's rate takes a household income of roughly $69,000 a year. That covers the full $1,605 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Santa Clara Pueblo, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for New Mexico.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.