Interested in purchasing investment houses in the 87305 zip code in Gallup, NM?
The zip code 87305 is in Mckinley county with a latitude of -108.800930000000 and longitude of 35.383890000000, is in the state of New Mexico. and is in the 505 area code. The location in degrees is 35° 23' 2.004" N, 108° 48' 3.348" W. The county F.I.P.S. is 35031. This zip code contains two cities including Gallup, NM (0.64%), and Rock Springs, NM (0.56%) The total land area is 228.7 square miles and the water area is 0.0 square miles. The zip code is on mountain standard time and observes daylight savings time.
The zip 87305 is in county number 031 and is L. Sector 00, L. Segment 01, H. Sector 10, and H. Segment 10. The population was 3,244 in 2019 and 3,350 in 2010. Of this, the break down in 2019 was 68 urban and 3,175 rural. This further breaks down to 1,703 males (52.5%) and 1,540 females (47.5%). The median age of residents is 37.0 years. The population density (people per square mile) is 14. This zip code has a combined total of 1,388 houses and condos. There are 79 rented appartments. 8% of residents rent versus the 8% of residents in the state who rent.
The average individual salary is $19,986. The estimated median household income of individuals is around $25,563. This zip code has a mean commute time to work of 24.7 minutes. The unemployment rate is 10.9%. 40.9% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 83.7. The educational breakdown is 69.0% have a high school education or higher, 2.3% have a bachelor's degree or higher, and 1.0% have some kind of profesional degree.
This area has 1,043 households and the average size is 3.3 people. Individuals who are single and have never been married are 53.2%, 34.2% are now married, 1.2% are separated, 5.8% are widowed, and 5.5% are divorced.
The estimated median value of houses and condos is $44,340. The median monthly owner costs of mortgage holders was $597, where as the costs for those who don't have a mortgage are $161. The median number of rooms in houses and condos are 4.0 versus apartments which had a median number of 3.3.
The real estate tax percent rate is 2.2% which equated to an average real estate tax amount payment of $960. 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 2.3% which amounted to an average tax amount of $1,504. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.3% which amounted to an average tax amount of $881. Reported taxable interest for persons was $1,756 and itemized deductions $19,586. The average earned income tax credit is $2,029. Businesses reported an average profit of $6,069.
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