The typical owner-occupied home in Las Animas is worth about $132,700, 75% below the Colorado median of $539,400 and 60% below the national median of $332,700. Owners pay a median $480 a year in property taxes, about 0.36% of their home's value, lower than the Colorado rate of 0.48%. The median household earns $51,875 a year, so the median home costs 2.6 times the median income (5.6 times for Colorado). 61% of occupied homes here are lived in by their owners, and 44% of those owners still have a mortgage.
Las Animas at a glance
| Las Animas | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $132,700 | $539,400 | $332,700 |
| Median property tax paid per year | $480 | $2,602 | $3,119 |
| Property tax as a share of value | 0.36% | 0.48% | 0.94% |
| Median household income | $51,875 | $95,470 | $80,734 |
| Homes lived in by their owners | 61% | 66% | 65% |
| Owner homes with a mortgage | 44% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $896 | $2,326 | $1,963 |
| Those costs as a share of the owners' income | 16.7% | 22.1% | 21.0% |
| Median rent | $1,211 | $1,761 | $1,413 |
| Rent as a share of renters' income | 36.9% | 31.4% | 30.6% |
| Median year homes were built | 1957 | 1988 | 1980 |
| Vacant homes | 15.8% | 8.3% | 10.1% |
| Population | 2,540 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Las Animas
At this week's average 30-year rate of 7.11%, buying the median Las Animas home of $132,700 with 20% down costs about $809 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,030, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $34,682 for the 20%-down payment. That payment is 19% of the median Las Animas household income of $51,875; at that income and 20% down, the 28% guideline points to a home of about $198,000.
The median rent here is $1,211 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $26,540 |
|---|---|
| Loan amount | $106,160 |
| Principal and interest | $714 |
| Property taxes (0.36% a year) | $40 |
| Homeowners insurance (our estimate, 0.5% a year) | $55 |
| PMI | $0 |
| Total per month | $809 |
Change the numbers in the calculator
| Down payment | $4,644 |
|---|---|
| Loan amount | $130,296 |
| Principal and interest | $877 |
| Property taxes (0.36% a year) | $40 |
| Homeowners insurance (our estimate, 0.5% a year) | $55 |
| FHA mortgage insurance | $59 |
| Total per month | $1,030 |
Change the numbers in the calculator
Questions about home buying in Las Animas
What is the median home value in Las Animas?
About $132,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Las Animas?
Homeowners pay a median $480 a year, which is about 0.36% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Las Animas?
For the median home with 20% down at 7.11%, the payment is about $809 a month. Keeping that under 28% of gross income takes about $34,682 a year.
More about Las Animas
- Mortgage Refinance in Las Animas
- Debt Relief in Las Animas
- Home Equity Loans in Las Animas
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data