Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEStable

EspañOla, NM

Stable overall. Federal Funds is the clearest support signal, while gdp / output needs the most attention. Housing reads as affordable for a median-income household.

Post on XLinkedIn
Overall score66out of 100
Compare
45
60
74
71
97

Population

10,473

Data freshness

Unknown

GDP / Output

+0.9% YoY

45

$1.4B

Output changed +0.9% in 2024.

Vintage date unknown

State growth6.2%
U.S. growth5.3%

Jobs

Unemployment rate

60

4.4%

Unemployment is 4.4% for Latest available.

Vintage date unknown

State avg6.0%
U.S. avg5.2%

Population

+4.0% 5-year

74

10,473

Population moved +4.0% over the latest ACS window.

Vintage date unknown

State population2,120,246
U.S. population334,922,499

Housing

Rent share of income

71

20.9%

Median rent consumes 20.9% of median household income: Affordable.

Vintage date unknown

State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.8K per resident

97

$313.2M

$313.2M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$41.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$313.2M

$7.8K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$217.6M
2. Department of the Interior$27.8M
3. Department of Veterans Affairs$21.6M

Top recipients

Dollars
1. JICARILLA APACHE NATION$13.0M
2. OHKAY OWINGEH TRIBAL COUNCIL$6.8M
3. SANTA CLARA PUEBLO HOUSING AUTHORITY$5.9M

Affordable

Housing Affordability

20.9%

of median income

1BR estimate$680
2BR estimate$895
Median income$47,667
Median home value$210,800

ACS context

Quick Facts

Population

10,473

Median age

35.7

Bachelor's degree+

18.3%

Poverty rate

20.4%

Labor force participation

56.6%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+0.8%

GDP CAGR

+6.1%

Federal flow

5 years

Population (5 years)
202010,071
202110,492
202210,473
202310,472
202410,473
GDP (5 years)
2020$1.0B
2021$1.2B
2022$1.3B
2023$1.4B
2024$1.4B

2-year linear forecast

Predictive Outlook

Population forecast

202410,473
202510,631 *
202610,710 *

R² = 46.4% · * projected

GDP forecast

2024$1.4B
2025$1.5B *
2026$1.6B *

R² = 87.0% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$47,667/yr
Median rent$829/mo
Rent share of income20.9%
Est. mortgage (30yr, 6.5%)$12,791/yr
Mortgage share of income26.8%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate4.4%
State avg6.0%
U.S. avg5.2%
Labor force participation56.6%
Poverty rate20.4%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$210,800
Median monthly rent$829
Price-to-rent ratio21.2x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateModerate
Composite score60/100
Economic growth45/100
Labor market60/100
Population momentum74/100
Overall stability66/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Española city, New Mexico

City/Town

Part of

Española, NM

Nearby locations

Santa Cruz, NMSombrillo, NMSan Jose, NMSanta Clara Pueblo, NMCuartelez, NM