Interested in purchasing investment houses in the 87124 zip code in Rio Rancho, NM?
The zip code 87124 is in Sandoval county with a latitude of -106.782890000000 and longitude of 35.267760000000, is in the state of New Mexico. The average asking price of houses and condos is $142,260.00 and the average sale price was $194,212.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 35° 16' 3.936" N, 106° 46' 58.404" W. The county F.I.P.S. is 35043. The total land area is 70.4 square miles and the water area is 0.0 square miles. The elevation in this area is 5194 - 6244 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87124 is in county number 043 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 55,774 in 2019 and 51,404 in 2010. Of this, the break down in 2019 was 54,465 urban and 1,308 rural. This further breaks down to 26,857 males (48.2%) and 28,917 females (51.8%). The median age of residents is 40.5 years. The population of the greater Albuquerque, NM area is 886,814. The population density (people per square mile) is 792. This zip code has a combined total of 22,812 houses and condos. There are 5,092 rented appartments. 24% of residents rent versus the 24% 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 $50,481 and the average salary is $46,157. The median household income of individuals is $58,131.00 and the average is $58,240.00. This zip code has a mean commute time to work of 27.6 minutes. The unemployment rate is 4.7%. Income earners by percent breakdown as 40.50% (Under $50,000), 41.50% ($50,000-$100,000), and 18.00% earn over $100,000. 8.6% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 93.7. The educational breakdown is 91.7% have a high school education or higher, 29.9% have a bachelor's degree or higher, and 10.8% have some kind of profesional degree.
This area has 19,363 households and the average size is 2.6 people. Individuals who are single and have never been married are 27.5%, 51.1% are now married, 1.5% are separated, 5.9% are widowed, and 14.0% are divorced. The average yearly contribution amount given by people to charity was $3,080 versus the state average of $4,195. The percent of residents who gave to charity was 26.8%.
The estimated median value of houses and condos is $200,583. The median monthly owner costs of mortgage holders was $1,322, where as the costs for those who don't have a mortgage are $388. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,757. 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 $1,839. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $1,537. Reported taxable interest for persons was $952, dividends $2,658, capital gains +$4,894, and itemized deductions $18,823. The average earned income tax credit is $2,102. The percent of individuals that use a tax preparer is 39.8%. The total average income taxes paid by individuals was $5,086. Businesses reported an average profit of $9,107.
Japanese Experts Net
650 Western Hills Dr SE, Rio Rancho, NM 87124
Nori Ramen & Sushi Bar
2003 Southern Blvd SE Ste 116, Rio Rancho, NM 87124
Sushi King
1121 Unser Blvd SE Ste 117, Rio Rancho, NM 87124
Stack House BBQ
4000 Barbara Loop SE, Rio Rancho, NM 87124
BenRich Grilling
810 Bravo Ct SE, Rio Rancho, NM 87124
The Chill Zone
4320 Ridgecrest Dr SE Ste B-1, Rio Rancho, NM 87124
Lily & Liam Bistro
1751 Rio Rancho Dr SE, Rio Rancho, NM 87124
Alicea's NY Bagels & Subs
1009 Golf Course Rd SE Ste 103, Rio Rancho, NM 87124
Wing Street
2608 Southern Blvd SE, Rio Rancho, NM 87124
Slate Street Billiards
2003 Southern Blvd SE, Rio Rancho, NM 87124
Whiptail
355 Pat D'arco Hwy Rte 528, Rio Rancho, NM 87124
Wing It Up
3301 7th Blvd Se, Rio Rancho, NM 87124
Namaste Restaraunt
1520 Deborah Rd SE, Rio Rancho, NM 87124
Las Cazuelas
4051 Sara Rd SE, Rio Rancho, NM 87124
Saigon 2
2003 Southern Blvd SE, Rio Rancho, NM 87124
Pho Bar
3301 Southern Blvd SE Ste 502, Rio Rancho, NM 87124
Viet Rice
1350 Rio Rancho Dr SE, Rio Rancho, NM 87124
Pho Garden
1751 Rio Rancho Dr SE Ste 106, Rio Rancho, NM 87124
K'lynn's Catering
4300 Ridgecrest Drive South East 528 & Ridgecrest Dr., Rio Rancho, NM 87124
Heaven Dragon
4300 Ridgecrest Dr SE, Rio Rancho, NM 87124
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!
