Interested in purchasing investment houses in the 87122 zip code in Albuquerque, NM?
The zip code 87122 is in Bernalillo county with a latitude of -106.498860000000 and longitude of 35.190690000000, is in the state of New Mexico. The average asking price of houses and condos is $538,375.00 and the average sale price was $434,000.00. 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' 26.484" N, 106° 29' 55.896" W. The county F.I.P.S. is 35001. This zip code contains two cities including Sandia Heights, NM (7.19%), and Albuquerque, NM (6.26%) The total land area is 26.7 square miles and the water area is 0.0 square miles. The elevation in this area is 5542 - 9124 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87122 is in county number 001 and is L. Sector 10, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 18,748 in 2019 and 17,977 in 2010. Of this, the break down in 2019 was 18,288 urban and 459 rural. This further breaks down to 9,361 males (49.9%) and 9,386 females (50.1%). The median age of residents is 50.1 years. The population of the greater Albuquerque, NM area is 886,814. The population density (people per square mile) is 703. This zip code has a combined total of 7,833 houses and condos. There are 848 rented appartments. 12% of residents rent versus the 12% 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 $129,872 and the average salary is $99,263. The median household income of individuals is $118,634.00 and the average is $159,970.00. This zip code has a mean commute time to work of 22.4 minutes. The unemployment rate is 2.3%. Income earners by percent breakdown as 13.40% (Under $50,000), 24.50% ($50,000-$100,000), and 62.10% earn over $100,000. 2.7% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 96.5. The educational breakdown is 99.6% have a high school education or higher, 69.8% have a bachelor's degree or higher, and 39.2% have some kind of profesional degree.
This area has 6,849 households and the average size is 2.6 people. Individuals who are single and have never been married are 19.4%, 68.8% are now married, 0.6% are separated, 4.0% are widowed, and 7.1% are divorced. The average yearly contribution amount given by people to charity was $5,687 versus the state average of $4,195. The percent of residents who gave to charity was 54.3%.
The estimated median value of houses and condos is $544,138. The median monthly owner costs of mortgage holders was $2,572, where as the costs for those who don't have a mortgage are $656. The median number of rooms in houses and condos are 7.4 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $4,793. 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 0.9% which amounted to an average tax amount of $5,147. 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 $4,385. Reported taxable interest for persons was $2,803, dividends $7,761, capital gains +$22,136, and itemized deductions $32,347. The average earned income tax credit is $1,356. The percent of individuals that use a tax preparer is 50.1%. The total average income taxes paid by individuals was $11,598. Businesses reported an average profit of $25,319.
Luca Italian Bistro & Wine Bar
8850 Holly Ave NE Ste J, Albuquerque, NM 87122
Bento Sushi
7610 Carmel Ave NE, Albuquerque, NM 87122
The County Line
9600 Tramway Blvd NE, Albuquerque, NM 87122
Ten 3
30 Tramway Rd NE, Albuquerque, NM 87122
High Finance Restaurant
40 Tramway Rd NE, Albuquerque, NM 87122
Jinja Bar & Bistro
8900 Holly Ave NE, Albuquerque, NM 87122
Best Lee's
7900 Carmel Ave NE Ste F, Albuquerque, NM 87122
It Dimsum
7900 Carmel Ave NE, Albuquerque, NM 87122
Christee's Spuds Burgers & More
9912 Samar Rd NE, Albuquerque, NM 87122