Interested in purchasing investment houses in the 87105 zip code in Albuquerque, NM?
The zip code 87105 is in Bernalillo county with a latitude of -106.630930000000 and longitude of 34.969130000000, is in the state of New Mexico. The average asking price of houses and condos is $207,404.00 and the average sale price was $115,373.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 34° 58' 8.868" N, 106° 37' 51.348" W. The county F.I.P.S. is 35001. This zip code contains two cities including South Valley, NM (30.83%), and Albuquerque, NM (26.83%) The total land area is 93.9 square miles and the water area is 2.3 square miles. The elevation in this area is 4918 - 5345 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87105 is in county number 001 and is L. Sector 02, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 58,752 in 2019 and 57,680 in 2010. Of this, the break down in 2019 was 57,662 urban and 1,089 rural. This further breaks down to 29,028 males (49.4%) and 29,724 females (50.6%). The median age of residents is 40.0 years. The population of the greater Albuquerque, NM area is 886,814. The population density (people per square mile) is 626. This zip code has a combined total of 22,912 houses and condos. There are 5,444 rented appartments. 27% of residents rent versus the 27% 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 $32,359 and the average salary is $29,132. The median household income of individuals is $39,859.00 and the average is $37,980.00. This zip code has a mean commute time to work of 25.1 minutes. The unemployment rate is 6.3%. Income earners by percent breakdown as 62.00% (Under $50,000), 28.90% ($50,000-$100,000), and 9.10% earn over $100,000. 21.3% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 92.5. The educational breakdown is 76.7% have a high school education or higher, 14.4% have a bachelor's degree or higher, and 5.5% have some kind of profesional degree.
This area has 19,562 households and the average size is 2.9 people. Individuals who are single and have never been married are 37.2%, 40.8% are now married, 2.1% are separated, 7.4% are widowed, and 12.6% are divorced. The average yearly contribution amount given by people to charity was $2,498 versus the state average of $4,195. The percent of residents who gave to charity was 12.2%.
The estimated median value of houses and condos is $160,223. The median monthly owner costs of mortgage holders was $1,120, where as the costs for those who don't have a mortgage are $328. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $1,358. 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 $1,445. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $1,240. Reported taxable interest for persons was $1,397, dividends $2,923, capital gains +$7,818, and itemized deductions $16,996. The average earned income tax credit is $2,465. The percent of individuals that use a tax preparer is 48.9%. The total average income taxes paid by individuals was $4,073. Businesses reported an average profit of $8,416.
Monte Carlo Steak House
3916 Central Ave SW, Albuquerque, NM 87105
Embers Steakhouse
11000 Broadway Blvd SE, Albuquerque, NM 87105
Fortune Cookie
3223 Isleta Blvd SW, Albuquerque, NM 87105
Amore Neopolitan Pizzaria
701 Sol De Sandia Pl SW, Albuquerque, NM 87105
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