Interested in purchasing investment houses in the 87021 zip code in Milan, NM?
The zip code 87021 is in Cibola county with a latitude of -107.883900000000 and longitude of 35.191360000000, is in the state of New Mexico. The average asking price of houses and condos is $50,000.00 and the average sale price was $62,643.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 35° 11' 28.896" N, 107° 53' 2.04" W. The county F.I.P.S. is 35006. This zip code contains two cities including Milan, NM (25.69%), and Grants, NM (8.41%) The total land area is 7.8 square miles and the water area is 0.0 square miles. The elevation in this area is 6582 - 6943 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87021 is in county number 006 and is L. Sector 20, L. Segment 01, H. Sector 10, and H. Segment 10. The population was 3,458 in 2019. This further breaks down to 1,867 males (54.0%) and 1,590 females (46.0%). The median age of residents is 34.3 years. The population of the greater Grants, NM area is 28,106. The population density (people per square mile) is 446. This zip code has a combined total of 1,348 houses and condos. There are 483 rented appartments. 41% of residents rent versus the 41% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class.
The average individual salary is $29,032. The median household income of individuals is $33,696.00. This zip code has a mean commute time to work of 16.1 minutes. The unemployment rate is 12.5%. Income earners by percent breakdown as 69.40% (Under $50,000), 25.80% ($50,000-$100,000), and 4.80% earn over $100,000. 18.3% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 84.5. The educational breakdown is 85.1% have a high school education or higher, 14.1% have a bachelor's degree or higher, and 5.1% have some kind of profesional degree.
This area has 798 households and the average size is 2.8 people. Individuals who are single and have never been married are 36.1%, 44.2% are now married, 0.6% are separated, 5.2% are widowed, and 14.0% are divorced.
The estimated median value of houses and condos is $97,859. The median monthly owner costs of mortgage holders was $883, where as the costs for those who don't have a mortgage are $306. The median number of rooms in houses and condos are 5.3 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $695. 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 0.8% which amounted to an average tax amount of $679. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $703. Reported taxable interest for persons was $1,773 and itemized deductions $15,704. The average earned income tax credit is $1,916. Businesses reported an average profit of $321.
Iron Skillet Restaurant
1430 Motel Drive, Milan, NM 87021
El Ranchero Cafe
705 State Hwy 122, Milan, NM 87021
Spicy Bite Restaurant
1302 Motel Drive, Milan, NM 87021
Linda's Kiva Cafe
1500 Williow Dr, Milan, NM 87021
Blake's Lotaburger
629 State Hwy 122, Milan, NM 87021
Godfather's Pizza
257 Horizon Blvd, Milan, NM 87021
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