Interested in purchasing investment houses in the 87301 zip code in Gallup, NM?
The zip code 87301 is in McKinley county with a latitude of -108.834610000000 and longitude of 35.474840000000, is in the state of New Mexico. The average asking price of houses and condos is $205,014.00 and the average sale price was $69,420.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 35° 28' 29.424" N, 108° 50' 4.596" W. The county F.I.P.S. is 35031. This zip code contains two cities including Gallup, NM (19.76%), and Church Rock, NM (0.15%) The total land area is 82.5 square miles and the water area is 0.0 square miles. The elevation in this area is 6391 - 8340 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87301 is in county number 031 and is L. Sector 45, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 24,860 in 2019 and 23,674 in 2010. Of this, the break down in 2019 was 22,149 urban and 2,710 rural. This further breaks down to 12,278 males (49.4%) and 12,581 females (50.6%). The median age of residents is 32.2 years. The population of the greater Gallup, NM area is 76,155. The population density (people per square mile) is 301. This zip code has a combined total of 9,150 houses and condos. There are 3,379 rented appartments. 42% of residents rent versus the 42% 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 $44,118 and the average salary is $37,901. The median household income of individuals is $35,784.00 and the average is $47,650.00. This zip code has a mean commute time to work of 13.7 minutes. The unemployment rate is 6.4%. Income earners by percent breakdown as 64.50% (Under $50,000), 25.50% ($50,000-$100,000), and 10.00% earn over $100,000. 24.9% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 82.2. The educational breakdown is 84.2% have a high school education or higher, 21.0% have a bachelor's degree or higher, and 10.8% have some kind of profesional degree.
This area has 8,213 households and the average size is 3.0 people. Individuals who are single and have never been married are 42.1%, 39.6% are now married, 2.3% are separated, 6.4% are widowed, and 9.6% are divorced. The average yearly contribution amount given by people to charity was $5,330 versus the state average of $4,195. The percent of residents who gave to charity was 14.6%.
The estimated median value of houses and condos is $131,252. The median monthly owner costs of mortgage holders was $1,250, where as the costs for those who don't have a mortgage are $327. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $1,346. 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 $1,603. 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 $1,001. Reported taxable interest for persons was $2,354, dividends $5,573, capital gains +$5,202, and itemized deductions $21,824. The average earned income tax credit is $2,628. The percent of individuals that use a tax preparer is 56.3%. The total average income taxes paid by individuals was $6,125. Businesses reported an average profit of $10,862.
Teriyaki House
1400 S Second St Ste 1, Gallup, NM 87301
Zen Steak & Sushi
1212 Us Highway 491, Gallup, NM 87301
Dickey's Barbecue Pit
3900 E Historic Highway 66, Gallup, NM 87301
Country Pride
3404 W Historic Highway 66, Gallup, NM 87301
Angelaxe2x80x99s Cafe Con Leche
201 E Historic Highway 66, Gallup, NM 87301
Earl's Restaurant
1400 E Historic Highway 66, Gallup, NM 87301
Virgie's Restaurant & Lounge
2720 W Historic Highway 66, Gallup, NM 87301
Panz Alegra Restaurant & Lounge
1201 E Historic Highway 66, Gallup, NM 87301
Route 66 Railway Cafe
2150 E Historic Highway 66, Gallup, NM 87301
I Knead Sugar
118 Boardman Dr, Gallup, NM 87301
Dq
2000 E Historic Highway 66, Gallup, NM 87301
Wing Street
1510 E Historic Highway 66, Gallup, NM 87301
Wing Street
715 Us Highway 491, Gallup, NM 87301
Smokeys Roadhouse
505 Us Highway 491, Gallup, NM 87301
Jerry's Cafe
406 W Coal Ave, Gallup, NM 87301
Genaro's Cafe
600 W Hill Ave, Gallup, NM 87301
Peewees Kitchen
1644 S Second St, Gallup, NM 87301
Grandpa's Grill
2001 E Aztec Ave, Gallup, NM 87301
Earls Family Restaurant
3715 Chaco Dr, Gallup, NM 87301
Avalon Restaurant
1310 E Historic Highway 66, Gallup, NM 87301