Interested in purchasing investment houses in the 87109 zip code in Albuquerque, NM?
The zip code 87109 is in Bernalillo county with a latitude of -106.575410000000 and longitude of 35.152970000000, is in the state of New Mexico. The average asking price of houses and condos is $215,361.00 and the average sale price was $172,087.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 35° 9' 10.692" N, 106° 34' 31.476" W. The county F.I.P.S. is 35001. The total land area is 10.1 square miles and the water area is 0.1 square miles. The elevation in this area is 5200 - 5525 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87109 is in county number 001 and is L. Sector 09, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 39,392 in 2019 and 40,432 in 2010. This further breaks down to 18,541 males (47.1%) and 20,851 females (52.9%). The median age of residents is 40.6 years. The population of the greater Albuquerque, NM area is 886,814. The population density (people per square mile) is 3,882. This zip code has a combined total of 20,080 houses and condos. There are 9,077 rented appartments. 50% of residents rent versus the 50% 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 $51,368 and the average salary is $42,892. The median household income of individuals is $49,926.00 and the average is $59,160.00. This zip code has a mean commute time to work of 19.1 minutes. The unemployment rate is 6.4%. Income earners by percent breakdown as 50.10% (Under $50,000), 31.10% ($50,000-$100,000), and 18.80% earn over $100,000. 14.3% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 94.3. The educational breakdown is 93.9% have a high school education or higher, 41.1% have a bachelor's degree or higher, and 17.7% have some kind of profesional degree.
This area has 18,450 households and the average size is 2.2 people. Individuals who are single and have never been married are 36.6%, 38.1% are now married, 1.3% are separated, 6.6% are widowed, and 17.4% are divorced. The average yearly contribution amount given by people to charity was $3,880 versus the state average of $4,195. The percent of residents who gave to charity was 24.2%.
The estimated median value of houses and condos is $252,221. The median monthly owner costs of mortgage holders was $1,442, where as the costs for those who don't have a mortgage are $462. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 3.5.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $2,508. 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 $2,606. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $2,369. Reported taxable interest for persons was $1,570, dividends $4,581, capital gains +$10,064, and itemized deductions $19,670. The average earned income tax credit is $2,003. The percent of individuals that use a tax preparer is 41.1%. The total average income taxes paid by individuals was $6,084. Businesses reported an average profit of $10,588.
Trombino's Bistro Italiano
5415 Academy Rd NE, Albuquerque, NM 87109
Thai Vegan
5505 Osuna Rd NE, Albuquerque, NM 87109
Jimmy's Cafe On Jefferson
7007 Jefferson St NE Ste F, Albuquerque, NM 87109
Mimi's Cafe
4316 The 25 Way NE, Albuquerque, NM 87109
Twin Peaks Albuquerque
4441 The 25 Way NE, Albuquerque, NM 87109
Papa Nacho's Mexican Food
7648 Louisiana Blvd NE, Albuquerque, NM 87109
Nexus Brewery
4730 Pan American East Fwy NE, Albuquerque, NM 87109
Rising Star Chinese Eatery
7001 San Antonio Dr NE, Albuquerque, NM 87109
Vic's Daily Cafe
3600 Osuna Rd NE Ste 105, Albuquerque, NM 87109
Cold Stone Creamery Albuquerque
4959 Pan American West Fwy NE, Albuquerque, NM 87109
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
