Interested in purchasing investment houses in the 87123 zip code in Albuquerque, NM?
The zip code 87123 is in Bernalillo county with a latitude of -106.467940000000 and longitude of 35.071070000000, is in the state of New Mexico. The average asking price of houses and condos is $248,416.00 and the average sale price was $172,167.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 35° 4' 15.852" N, 106° 28' 4.584" W. The county F.I.P.S. is 35001. This zip code contains two cities including Albuquerque, NM (29.43%), and Carnuel, NM (15.60%) The total land area is 34.6 square miles and the water area is 0.2 square miles. The elevation in this area is 5565 - 7628 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87123 is in county number 001 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 44,850 in 2019 and 41,468 in 2010. Of this, the break down in 2019 was 44,055 urban and 794 rural. This further breaks down to 22,208 males (49.5%) and 22,641 females (50.5%). The median age of residents is 38.8 years. The population of the greater Albuquerque, NM area is 886,814. The population density (people per square mile) is 1,296. This zip code has a combined total of 19,323 houses and condos. There are 6,322 rented appartments. 36% of residents rent versus the 36% 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 $48,416 and the average salary is $40,982. The median household income of individuals is $45,710.00 and the average is $54,260.00. This zip code has a mean commute time to work of 22.0 minutes. The unemployment rate is 4.6%. Income earners by percent breakdown as 54.70% (Under $50,000), 29.90% ($50,000-$100,000), and 15.40% earn over $100,000. 16.4% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 93.0. The educational breakdown is 89.6% have a high school education or higher, 33.4% have a bachelor's degree or higher, and 15.2% have some kind of profesional degree.
This area has 17,369 households and the average size is 2.6 people. Individuals who are single and have never been married are 33.2%, 44.2% are now married, 1.5% are separated, 6.7% are widowed, and 14.4% are divorced. The average yearly contribution amount given by people to charity was $3,872 versus the state average of $4,195. The percent of residents who gave to charity was 21.7%.
The estimated median value of houses and condos is $202,462. The median monthly owner costs of mortgage holders was $1,325, where as the costs for those who don't have a mortgage are $451. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $2,163. 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 $2,284. 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 $1,996. Reported taxable interest for persons was $1,340, dividends $4,454, capital gains +$8,421, and itemized deductions $20,199. The average earned income tax credit is $2,235. The percent of individuals that use a tax preparer is 42.5%. The total average income taxes paid by individuals was $5,939. Businesses reported an average profit of $11,007.
Weck's
730 Juan Tabo Blvd NE, Albuquerque, NM 87123
Golden Pride BBQ Chicken & Ribs
10101 Central Ave NE, Albuquerque, NM 87123
China King
601 Juan Tabo Blvd NE, Albuquerque, NM 87123
Owl Cafe
800 Eubank Blvd NE, Albuquerque, NM 87123
Rustic Bubble Tea Cafe
800 Juan Tabo Blvd NE, Albuquerque, NM 87123
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