Interested in purchasing investment houses in the 87120 zip code in Albuquerque, NM?
The zip code 87120 is in Bernalillo county with a latitude of -106.737110000000 and longitude of 35.135080000000, is in the state of New Mexico. The average asking price of houses and condos is $217,119.00 and the average sale price was $168,421.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 35° 8' 6.288" N, 106° 44' 13.596" W. The county F.I.P.S. is 35001. The total land area is 38.4 square miles and the water area is 0.6 square miles. The elevation in this area is 4990 - 5876 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87120 is in county number 001 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 64,580 in 2019 and 58,023 in 2010. Of this, the break down in 2019 was 64,572 urban and 7 rural. This further breaks down to 31,384 males (48.6%) and 33,196 females (51.4%). The median age of residents is 37.6 years. The population of the greater Albuquerque, NM area is 886,814. The population density (people per square mile) is 1,681. This zip code has a combined total of 25,849 houses and condos. There are 6,374 rented appartments. 26% of residents rent versus the 26% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $56,179 and the average salary is $49,631. The median household income of individuals is $67,522.00 and the average is $64,080.00. This zip code has a mean commute time to work of 24.6 minutes. The unemployment rate is 4.8%. Income earners by percent breakdown as 31.40% (Under $50,000), 44.30% ($50,000-$100,000), and 24.40% earn over $100,000. 9.2% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 93.8. The educational breakdown is 94.0% have a high school education or higher, 35.2% have a bachelor's degree or higher, and 14.8% have some kind of profesional degree.
This area has 22,480 households and the average size is 2.6 people. Individuals who are single and have never been married are 34.1%, 47.3% are now married, 0.9% are separated, 4.3% are widowed, and 13.4% are divorced. The average yearly contribution amount given by people to charity was $2,978 versus the state average of $4,195. The percent of residents who gave to charity was 32.9%.
The estimated median value of houses and condos is $224,024. The median monthly owner costs of mortgage holders was $1,417, where as the costs for those who don't have a mortgage are $451. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $2,459. 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 1.1% which amounted to an average tax amount of $2,469. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $2,433. Reported taxable interest for persons was $968, dividends $3,198, capital gains +$9,970, and itemized deductions $18,884. The average earned income tax credit is $2,110. The percent of individuals that use a tax preparer is 40.7%. The total average income taxes paid by individuals was $5,544. Businesses reported an average profit of $8,954.
Antiquity Restaurant
112 Romero St NW, Albuquerque, NM 87104 (3.2 miles away)
Mr. Powdrell's Barbeque House
5209 4th St NW, Albuquerque, NM 87107 (3.5 miles away)
Lone Star Steakhouse
10019 Coors Blvd NW, Albuquerque, NM 87114 (3.8 miles away)
Sushi Hana
521 Central Ave NW, Albuquerque, NM 87102 (5.2 miles away)
Azuma Sushi & Teppan
8104 Wyoming Blvd NE Ste B, Albuquerque, NM 87113 (6.3 miles away)
Papas Bar Bq
5309 Don Enrico Dr SW, Albuquerque, NM 87121 (6.4 miles away)
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!
