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Taos

Learn about the people, housing, costs and businesses in Taos, New Mexico

Median Home$426,403
Median Rent$946/month
Population6,083
Leading IndustriesManufacturing · Professional Services · Arts, Food & Hospitality1% manufacturing
Home Value Growth⬆⬆⬆+25.0% over 2 years
Retirees25% of residentsabove average nationally
Homeowners69% of occupied units
NotableAmenity Score70/100 · highly walkable area
NotableVeteran Community9% of residents · top 22% nationally
Taos
NM

Frequently Asked Questions

What are today's mortgage rates in Taos?

As of today, the 30-year fixed mortgage rate for Taos is approximately 6.889% (6.925% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Taos?

The median home value in Taos is $426k. The median monthly rent is $946. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Taos?

Home values in Taos have increased 25.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Taos?

Based on a typical all-in ownership cost of $837/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Taos is $58k/year.

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What industries drive the economy in Taos?

The largest employment sectors in Taos are public administration (23%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.