When it comes to understanding the nuances of the terms Rancho and Hacienda, it’s important to keep in mind that while there isn’t a clear-cut definition for either term, there are some general differences that can be identified. Typically, the term Hacienda refers to larger estates – often with an enormous amount of land – and these were often owned by a combination of wealthy Spaniards and Criollos (people of Spanish descent born in the colonies). In contrast, smaller land-based estates were often referred to as Ranchos, and even smaller ones could be referred to as Estancias. Generally speaking, Ranchos tended to be owned by mestizos, or people of mixed indigenous and Spanish heritage.
Haciendas are typically larger estates, while Ranchos are smaller
Haciendas were often owned by wealthy Spaniards and Criollos
Ranchos were often owned by mestizos
There isn’t a precise definition for either term, making the distinctions between them somewhat vague
