Interested in purchasing investment houses in the 87401 zip code in Farmington, NM?
The zip code 87401 is in San Juan county with a latitude of -108.179920000000 and longitude of 36.741210000000, is in the state of New Mexico. The average asking price of houses and condos is $258,223.00 and the average sale price was $213,042.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 36° 44' 28.356" N, 108° 10' 47.712" W. The county F.I.P.S. is 35045. This zip code contains five cities including Farmington, NM (15.96%), Lee Acres, NM (8.77%), Napi HQ, NM (1.85%), Upper Fruitland, NM (0.80%), and Kirtland, NM (0.42%) The total land area is 130.4 square miles and the water area is 1.1 square miles. The elevation in this area is 5007 - 7100 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87401 is in county number 045 and is L. Sector 12, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 47,122 in 2019 and 46,293 in 2010. Of this, the break down in 2019 was 38,291 urban and 8,830 rural. This further breaks down to 23,317 males (49.5%) and 23,804 females (50.5%). The median age of residents is 33.1 years. The population of the greater Farmington, NM area is 130,183. The population density (people per square mile) is 361. This zip code has a combined total of 17,995 houses and condos. There are 6,019 rented appartments. 37% of residents rent versus the 37% 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 $54,252 and the average salary is $46,026. The median household income of individuals is $41,456.00 and the average is $55,260.00. This zip code has a mean commute time to work of 18.8 minutes. The unemployment rate is 6.2%. Income earners by percent breakdown as 59.30% (Under $50,000), 29.10% ($50,000-$100,000), and 11.60% earn over $100,000. 19.8% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 87.1. The educational breakdown is 84.7% have a high school education or higher, 18.4% have a bachelor's degree or higher, and 8.1% have some kind of profesional degree.
This area has 16,195 households and the average size is 2.8 people. Individuals who are single and have never been married are 39.1%, 43.0% are now married, 2.0% are separated, 5.3% are widowed, and 10.6% are divorced. The average yearly contribution amount given by people to charity was $5,835 versus the state average of $4,195. The percent of residents who gave to charity was 18.1%.
The estimated median value of houses and condos is $187,645. The median monthly owner costs of mortgage holders was $1,313, where as the costs for those who don't have a mortgage are $374. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $1,067. 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 0.6% which amounted to an average tax amount of $1,230. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $864. Reported taxable interest for persons was $2,458, dividends $6,267, capital gains +$13,364, and itemized deductions $21,799. The average earned income tax credit is $2,368. The percent of individuals that use a tax preparer is 55.8%. The total average income taxes paid by individuals was $5,881. Businesses reported an average profit of $10,244.
K B Dillon's
101 W Broadway, Farmington, NM 87401
Porters Restaurant
2210 E 20th St, Farmington, NM 87401
El Mirador Inc.
817 W Broadway Ste C, Farmington, NM 87401
Boon's Family Thai BBQ
321 W Main St, Farmington, NM 87401
Cutters Barbeque
5878 Us 64, Farmington, NM 87401
Infinite Bbq
1801 Sullivan Ave, Farmington, NM 87401
Doc' S Place BBQ
1404 Finch Ave, Farmington, NM 87401
Blue Moon Diner
1819 E 20th St Ste B, Farmington, NM 87401
TJ's Diner
119 E Main St, Farmington, NM 87401
Los Rios Cafe
915 Farmington Ave, Farmington, NM 87401
Wing Street
657 W Main St, Farmington, NM 87401
Bandit Billiards & Bistro
110 E Main St, Farmington, NM 87401
George & John's Original Burgers And Fries
900 San Juan Blvd, Farmington, NM 87401
Red Rocks Roadhouse
2001 Bloomfield Hwy, Farmington, NM 87401
Pancake Alley
501 E Main St, Farmington, NM 87401
The Chile Pod
121 W Main St, Farmington, NM 87401
No Worries Sports Bar & Grill
1298 W Navajo St, Farmington, NM 87401
Habanero Grill
2834 E Main St, Farmington, NM 87401
Los Hermanitos Del Oeste
2400 W Main St, Farmington, NM 87401
Francisca's
1000 N Butler Ave, Farmington, NM 87401
Outback Steakhouse
4921 E Main St, Farmington, NM 87402 (2.6 miles away)
Red Solo Cup
800 Nm 516, Flora Vista, NM 87415 (6.9 miles away)
Teriyaki Chicken Combo
4206 Us 64, Kirtland, NM 87417 (9.5 miles away)
Thanthip Cafe Restaurant
104 S Main Ave, Aztec, NM 87410 (10.8 miles away)
Orchid Thai Spa
120 N 1st St, Bloomfield, NM 87413 (11.6 miles away)
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