Interested in purchasing investment houses in the 87016 zip code in Estancia, NM?
The zip code 87016 is in Torrance county with a latitude of -105.922040000000 and longitude of 34.778040000000, is in the state of New Mexico. The average asking price of houses and condos is $180,830.00 and the average sale price was $89,895.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 34° 46' 40.944" N, 105° 55' 19.344" W. The county F.I.P.S. is 35057. This zip code contains three cities including McIntosh, NM (1.41%), Estancia, NM (0.76%), and Tajique, NM (0.25%) The total land area is 761.9 square miles and the water area is 0.6 square miles. The elevation in this area is 6086 - 8662 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87016 is in county number 057 and is L. Sector 00, L. Segment 01, H. Sector 99, and H. Segment 99. The population was 3,218 in 2019 and 3,730 in 2010. This further breaks down to 2,014 males (62.6%) and 1,204 females (37.4%). The median age of residents is 44.5 years. The population of the greater Albuquerque, NM area is 886,814. The population density (people per square mile) is 4. This zip code has a combined total of 1,629 houses and condos. There are 210 rented appartments. 18% of residents rent versus the 18% 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 $42,091 and the average salary is $31,958. The median household income of individuals is $32,756.00 and the average is $45,180.00. This zip code has a mean commute time to work of 43.1 minutes. The unemployment rate is 5.3%. Income earners by percent breakdown as 70.90% (Under $50,000), 20.30% ($50,000-$100,000), and 8.80% earn over $100,000. 8.9% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 87.1. The educational breakdown is 78.3% have a high school education or higher, 16.9% have a bachelor's degree or higher, and 11.7% have some kind of profesional degree.
This area has 1,220 households and the average size is 2.6 people. Individuals who are single and have never been married are 26.3%, 54.7% are now married, 0.7% are separated, 12.0% are widowed, and 6.3% are divorced. The average yearly contribution amount given by people to charity was $4,283 versus the state average of $4,195. The percent of residents who gave to charity was 12.9%.
The estimated median value of houses and condos is $169,732. The median monthly owner costs of mortgage holders was $841, where as the costs for those who don't have a mortgage are $350. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 5.5.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $839. 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 1.0% which amounted to an average tax amount of $1,493. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.4% which amounted to an average tax amount of $705. Reported taxable interest for persons was $932, dividends $1,086, capital gains +$23,525, and itemized deductions $20,573. The average earned income tax credit is $2,456. The percent of individuals that use a tax preparer is 48.4%. The total average income taxes paid by individuals was $3,627. Businesses reported an average profit of $5,438.
Mama Bears Restaurant
405 N 5th St, Estancia, NM 87016
Evans Farms Inc
342 W Iceplant Rd, Estancia, NM 87016
Estancia Dos Rocas
1335 Highway 542, Estancia, NM 87016
Willard Cantina & Cafe
21820 Highway 42, Willard, NM 87063 (14.7 miles away)
Shorty's Bar-B-Que
1204 Route 66, Moriarty, NM 87035 (15.7 miles away)
Alpine Alley
210 Summit Ave N, Mountainair, NM 87036 (18.9 miles away)
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