Interested in purchasing investment houses in the 87001 zip code in Algodones, NM?
The zip code 87001 is in Sandoval county with a latitude of -106.351600000000 and longitude of 35.388840000000, is in the state of New Mexico. The average asking price of houses and condos is $401,143.00 and the average sale price was $191,256.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 35° 23' 19.824" N, 106° 21' 5.76" W. The county F.I.P.S. is 35043. This zip code contains four cities including San Felipe Pueblo, NM (10.16%), Algodones, NM (6.02%), Santa Ana Pueblo, NM (0.91%), and Placitas, NM (0.18%) The total land area is 120.1 square miles and the water area is 0.5 square miles. The elevation in this area is 5207 - 6303 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87001 is in county number 043 and is L. Sector 02, L. Segment 50, H. Sector 99, and H. Segment 99. The population was 3,678 in 2019 and 3,684 in 2010. This further breaks down to 1,805 males (49.1%) and 1,873 females (50.9%). The median age of residents is 34.1 years. The population of the greater Albuquerque, NM area is 886,814. The population density (people per square mile) is 31. This zip code has a combined total of 1,005 houses and condos. There are 261 rented appartments. 29% of residents rent versus the 29% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $31,517 and the average salary is $27,908. The median household income of individuals is $42,225.00 and the average is $32,320.00. This zip code has a mean commute time to work of 26.1 minutes. The unemployment rate is 12.0%. Income earners by percent breakdown as 57.80% (Under $50,000), 26.50% ($50,000-$100,000), and 15.70% earn over $100,000. 26.2% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 87.7. The educational breakdown is 70.7% have a high school education or higher, 12.2% have a bachelor's degree or higher, and 4.4% have some kind of profesional degree.
This area has 813 households and the average size is 4.1 people. Individuals who are single and have never been married are 52.9%, 33.0% are now married, 1.3% are separated, 5.5% are widowed, and 7.3% are divorced. The average yearly contribution amount given by people to charity was $2,129 versus the state average of $4,195. The percent of residents who gave to charity was 5.4%.
The estimated median value of houses and condos is $232,981. The median monthly owner costs of mortgage holders was $1,729, where as the costs for those who don't have a mortgage are $232. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 5.6.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $1,127. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $1,403. The median housing property tax percent for residents with mortgages was 0.6% which amounted to an average tax amount of $2,141. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $852. Reported taxable interest for persons was $458, dividends $2,900, capital gains +$12,733, and itemized deductions $23,670. The average earned income tax credit is $2,643. The percent of individuals that use a tax preparer is 62.3%. The total average income taxes paid by individuals was $6,230. Businesses reported an average profit of $5,282.
San Flipe Gming Rgulatory Comm
25 Hagon Rd, Algodones, NM 87001
San Felipe Pueblo Restaurant
26 Hagen Rd, Algodones, NM 87001
Back Sass BBQ
213 S Camino Del Pueblo, Bernalillo, NM 87004 (10.9 miles away)
Blades Bistro
221 State Highway 165 # L, Placitas, NM 87043 (11.4 miles away)
The Hollar
2849 State Highway 14 N, Cerrillos, NM 87010 (12.6 miles away)