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| The First and Original 1-800-932-8946 | |
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Investors
Interested in purchasing investment houses in the 87402 zip code in Farmington, NM?
Detailed Demographic Statistics
The zip code 87402 is in San Juan county, is in the state of New Mexico. This zip code contains two cities including Farmington, NM (83.80%), and Flora Vista, NM (2.97%) The total land area is 11.5 square miles and the water area is 0.2 square miles.
The zip 87402 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 10,199 in 2019 and 11,034 in 2010. Of this, the break down in 2019 was 9,415 urban and 783 rural. This further breaks down to 5,417 males (53.1%) and 4,781 females (46.9%). The median age of residents is 39.9 years. The population density (people per square mile) is 889. This zip code has a combined total of 4,310 houses and condos. There are 748 rented appartments. 19% of residents rent versus the 19% of residents in the state who rent.
The average individual gross adjusted income is $87,274 and the average salary is $68,141. The estimated median household income of individuals is around $69,314. This zip code has a mean commute time to work of 19.5 minutes. The unemployment rate is 6.6%. 9.5% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 88.2. The educational breakdown is 93.1% have a high school education or higher, 28.0% have a bachelor's degree or higher, and 11.0% have some kind of profesional degree.
The average size of households is 2.6 people. Individuals who are single and have never been married are 23.5%, 60.1% are now married, 0.3% are separated, 4.6% are widowed, and 11.5% are divorced. The average yearly contribution amount given by people to charity was $5,936 versus the state average of $4,195. The percent of residents who gave to charity was 30.5%.
The estimated median value of houses and condos is $240,279. The median monthly owner costs of mortgage holders was $1,502, where as the costs for those who don't have a mortgage are $432. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $1,559. 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 0.7% which amounted to an average tax amount of $1,796. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $1,310. Reported taxable interest for persons was $3,353, dividends $7,332, capital gains +$21,808, and itemized deductions $24,607. The average earned income tax credit is $1,936. The percent of individuals that use a tax preparer is 52.6%. The total average income taxes paid by individuals was $7,749. Businesses reported an average profit of $16,715.Local Restaurants
Outback Steakhouse
4921 E Main St, Farmington, NM 87402
Trattoria Di Bernardone
5520 E Main St, Farmington, NM 87402
Teriyaki Chicken & Beef Bowl
5600 Mickey Dr, Farmington, NM 87402
Nori Japan
4601 E Main St Ste 105, Farmington, NM 87402
Tomo Steak and Sushi
3500 E Main St, Farmington, NM 87402
Sumo Grill and Sushi
3030 E Main St, Farmington, NM 87402
Dickey's Barbecue Pit
3701 Messina Dr, Farmington, NM 87402
Texas Roadhouse
4601 E Main St, Farmington, NM 87402
Fuddruckers
4601 E Main St, Farmington, NM 87402
St Clair Winery & Bistro
5150 E Main St, Farmington, NM 87402
Juniper
5150 College Blvd Ste 206, Farmington, NM 87402
Furr's Fresh Buffet
3030 E Main St, Farmington, NM 87402
Weck's
2800 E Main St, Farmington, NM 87402
Buffalo Wild Wings
2700 E Main St, Farmington, NM 87402
Long Dragon
5915 E Main St, Farmington, NM 87402
Famous Wok
4601 E Main St, Farmington, NM 87402
Nearby Restaurants
K B Dillon's
101 W Broadway, Farmington, NM 87401 (2.6 miles away)
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!
