Interested in purchasing investment houses in the 87020 zip code in Grants, NM?
The zip code 87020 is in both Cibola and McKinley counties with a latitude of -107.939890000000 and longitude of 34.930050000000, is in the state of New Mexico. The average asking price of houses and condos is $175,235.00 and the average sale price was $63,002.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 34° 55' 48.18" N, 107° 56' 23.604" W. The county F.I.P.S. is 35006. This zip code contains four cities including Grants, NM (1.38%), San Mateo, NM (0.46%), Milan, NM (0.23%), and Bluewater Village, NM (0.05%) The total land area is 1031.3 square miles and the water area is 0.2 square miles. The elevation in this area is 6365 - 10188 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87020 is in county number 031 and is L. Sector 00, L. Segment 01, H. Sector 07, and H. Segment 07. The population was 11,189 in 2019 and 11,347 in 2010. Of this, the break down in 2019 was 8,280 urban and 2,908 rural. This further breaks down to 5,790 males (51.8%) and 5,398 females (48.2%). The median age of residents is 38.2 years. The population of the greater Grants, NM area is 28,106. The population density (people per square mile) is 11. This zip code has a combined total of 4,578 houses and condos. There are 1,517 rented appartments. 39% of residents rent versus the 39% 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 $41,413 and the average salary is $38,113. The median household income of individuals is $35,392.00 and the average is $47,120.00. This zip code has a mean commute time to work of 18.0 minutes. The unemployment rate is 7.1%. Income earners by percent breakdown as 67.70% (Under $50,000), 25.20% ($50,000-$100,000), and 7.10% earn over $100,000. 23.5% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 81.9. The educational breakdown is 83.2% have a high school education or higher, 17.8% have a bachelor's degree or higher, and 6.9% have some kind of profesional degree.
This area has 4,044 households and the average size is 2.6 people. Individuals who are single and have never been married are 30.5%, 41.5% are now married, 2.7% are separated, 7.5% are widowed, and 17.9% are divorced. The average yearly contribution amount given by people to charity was $3,624 versus the state average of $4,195. The percent of residents who gave to charity was 11.8%.
The estimated median value of houses and condos is $116,214. The median monthly owner costs of mortgage holders was $982, where as the costs for those who don't have a mortgage are $340. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $821. 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 0.7% which amounted to an average tax amount of $838. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $803. Reported taxable interest for persons was $1,156, dividends $3,329, capital gains +$8,677, and itemized deductions $18,676. The average earned income tax credit is $2,446. The percent of individuals that use a tax preparer is 59.4%. The total average income taxes paid by individuals was $4,603. Businesses reported an average profit of $11,347.
La Ventana Steakhouse
110 Geis St, Grants, NM 87020
Midwestern Steak & Seafood
300 E Santa Fe Ave, Grants, NM 87020
La Ventana
110 1/2 Geis St, Grants, NM 87020
Wing Street
108 Santa Fe Ave, Grants, NM 87020
Taco Village
1120 Lobo Canyon Rd, Grants, NM 87020
El Cafecito
820 E Santa Fe Ave, Grants, NM 87020
Dancing Jalapeno On Route 66
919 W Santa Fe Ave, Grants, NM 87020
Taco Village
700 E Roosevelt Ave, Grants, NM 87020
Tasty Kitchen
907 N 1st St, Grants, NM 87020
Canton Cafe
1212 E Santa Fe Ave, Grants, NM 87020
Asian Super Buffet
1508 E Santa Fe Ave, Grants, NM 87020
La Bella Vita Italian Eatery
319 W Santa Fe Ave, Grants, NM 87020
Mt. Taylor Coffee Company
201 Central Ave, Grants, NM 87020
New China Gate
105 W Santa Fe Ave, Grants, NM 87020
Agave
833 E Roosevelt Ave, Grants, NM 87020
Johnnys Kitchen
801 E High St, Grants, NM 87020
Peet's Coffee & Tea
700 E Roosevelt Ave, Grants, NM 87020
Gabby's Cafe
317 W Stephens Ave, Grants, NM 87020
Coco Bean Cafe
333 Nimitz Dr, Grants, NM 87020
Blake's Lotaburger
101 Lincoln Ave, Grants, NM 87020
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