Photo: Harrison Frazier from santa fe, usa · CC BY-SA 2.0Measured against area pay, Pojoaque costs less to live in than 94% of U.S. towns
Home prices around Pojoaque have risen about 36% over the past 5 years.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Santa Fe, NM metro area ($79K). How TownRatings grades cost of living
The grade compares costs with what households across the Santa Fe metro earn ($79K, Census 2020–24). The typical home costs 2.1 years of metro income, and 33% of renters pay 30% or more of income for housing.
In dollars
- $1,500a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 99prices across the Santa Fe metro, where the U.S. is 100 (housing 108)BEA Regional Price Parities, 2024
In paychecks the grade
- 2.1 yrsof area income buys the typical home; the typical U.S. town: 3.3$79K, Santa Fe-area income
- 14%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 33%of renters pay 30%+ of income for housing; across New Mexico: 50%Census 2020–24
- 14%of owners do; the typical U.S. town: 20%Census 2020–24
The short version on homes in Pojoaque
Owning can cost less than renting
With 20% down at the calculator’s rate, the typical Pojoaque home runs about $1,050 a month with tax and insurance. A two-bedroom rents for about $1,500. Can I afford it? ↓
New renters pay more than renters already here
HUD puts a standard two-bedroom at about $1,500 a month with utilities, the going rate for someone moving in. Renters already in Pojoaque pay a median of $951. Renting ↓
Written from the data on this page. There’s no Zillow index for Pojoaque, so the typical value is an estimate: the Census median carried forward with the federal house price index; incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind Pojoaque’s grade
Measured against what households in the area earn, Pojoaque is more affordable than 94% of U.S. towns. The four inputs sit close together, so no single cost explains the grade.
Home prices up 36% in 5 years
The federal house price index for the ZIP code around Pojoaque rose 36% over the past 5 years, slower than across New Mexico (50%). Last year prices fell 0.7%. Carrying the Census median home value forward with that index puts the typical Pojoaque home at roughly $177,000 today.
Carrying the Census median forward with the index puts a typical home at about $177K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Pojoaque, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 2.1 years of area income
The calculator starts from the area income the grade uses. Switch to Pojoaque’s own median, or type yours.
That covers a typical Pojoaque home, with $133K to spare.
A two-bedroom rents for about $1,500 a month here, $450 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Pojoaque’s typical property tax (0.85% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,500
Renters already here pay a median of $951, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Santa Fe, NM MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Low tax bills, but a high tax rate
The median bill is $1,407, under the New Mexico median of $1,731, because homes cost less. As a share of value it’s 0.85% a year, against 0.70% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Pojoaque
Only figures published free for the whole country, each labeled with the area it covers: the Santa Fe, NM metro area, or New Mexico. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 99 | NM 92 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 96 | NM 96 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 77 | NM 78 | metro | BEA, 2024 |
| Other services U.S. = 100 | 99 | NM 99 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Pojoaque vs. its neighbors
Zillow publishes no value for Pojoaque. Nambe has no Zillow value, so it is in the table only.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, latest | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Pojoaque | A | — | $166K | 0.85% | $1,500 |
| Nambe | B+ | — | $302K | 0.51% | $1,500 |
| Jacona | – | — | $475K | 0.42% | $1,500 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures. “—” under Cost: not graded (too little Census data, or under 1,000 residents).
Questions about the cost of living in Pojoaque
Is Pojoaque expensive to live in?
Measured against what households in the area earn, Pojoaque costs less than 94% of U.S. towns: an A for cost of living. The typical home costs 2.1 years of the median household income of the Santa Fe, NM metro area ($79K).
How much is rent in Pojoaque?
HUD puts a two-bedroom at about $1,500 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $951 (Census 2020–24).
What are property taxes in Pojoaque?
The median bill is $1,407 a year, 0.85% of the median home value (New Mexico: $1,731, 0.70%), from the Census 2020–24.
Neighbors talk housing
What Pojoaque buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.