Interested in purchasing investment houses in the 87501 zip code in Santa Fe, NM?
The zip code 87501 is in Santa Fe county with a latitude of -105.841420000000 and longitude of 35.742360000000, is in the state of New Mexico. The average asking price of houses and condos is $791,449.00 and the average sale price was $587,000.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 35° 44' 32.496" N, 105° 50' 29.112" W. The county F.I.P.S. is 35049. This zip code contains two cities including Santa Fe, NM (16.90%), and Tesuque, NM (0.97%) The total land area is 79.8 square miles and the water area is 0.1 square miles. The elevation in this area is 6946 - 11516 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87501 is in county number 049 and is L. Sector 02, L. Segment 01, H. Sector 10, and H. Segment 10. The population was 15,474 in 2019 and 15,147 in 2010. Of this, the break down in 2019 was 11,990 urban and 3,483 rural. This further breaks down to 6,965 males (45.0%) and 8,509 females (55.0%). The median age of residents is 58.3 years. The population of the greater Santa Fe, NM area is 147,864. The population density (people per square mile) is 194. This zip code has a combined total of 10,614 houses and condos. There are 2,796 rented appartments. 36% of residents rent versus the 36% 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 $97,216 and the average salary is $56,322. The median household income of individuals is $54,539.00 and the average is $115,600.00. This zip code has a mean commute time to work of 20.5 minutes. The unemployment rate is 4.8%. Income earners by percent breakdown as 46.10% (Under $50,000), 29.10% ($50,000-$100,000), and 24.80% earn over $100,000. 10.7% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 101.2. The educational breakdown is 96.9% have a high school education or higher, 59.5% have a bachelor's degree or higher, and 32.4% have some kind of profesional degree.
This area has 8,252 households and the average size is 2.0 people. Individuals who are single and have never been married are 31.6%, 41.5% are now married, 0.8% are separated, 6.5% are widowed, and 19.7% are divorced. The average yearly contribution amount given by people to charity was $7,934 versus the state average of $4,195. The percent of residents who gave to charity was 32.0%.
The estimated median value of houses and condos is $503,336. The median monthly owner costs of mortgage holders was $1,896, where as the costs for those who don't have a mortgage are $535. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $2,564. 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 0.5% which amounted to an average tax amount of $2,324. 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 $2,852. Reported taxable interest for persons was $3,657, dividends $20,973, capital gains +$31,264, and itemized deductions $34,808. The average earned income tax credit is $1,396. The percent of individuals that use a tax preparer is 50.4%. The total average income taxes paid by individuals was $11,209. Businesses reported an average profit of $19,886.
The Bull Ring
150 Washington Ave Ste 108, Santa Fe, NM 87501
Rio Chama Prime House
414 Old Santa Fe Trl, Santa Fe, NM 87501
Osteria D' Assissi
58 S Federal Pl, Santa Fe, NM 87501
il Piatto
95 W Marcy St, Santa Fe, NM 87501
Rooftop Pizzeria & Draft Station
60 E San Francisco St, Santa Fe, NM 87501
Izanami
21 Ten Thousand Waves Way, Santa Fe, NM 87501
Masa Sushi
927 W Alameda St, Santa Fe, NM 87501
Cafe Des Artists
560 Camino Tierra Alta, Santa Fe, NM 87501
Cowgirl
319 S Guadalupe St, Santa Fe, NM 87501
The Compound Restaurant
653 Canyon Rd, Santa Fe, NM 87501
Geronimo
724 Canyon Rd, Santa Fe, NM 87501
Tomasita's
500 S Guadalupe St, Santa Fe, NM 87501
The Shed
113 1/2 E Palace Ave, Santa Fe, NM 87501
The Palace Restaurant And Saloon
142 W Palace Ave, Santa Fe, NM 87501
Saveur
204 Montezuma Ave, Santa Fe, NM 87501
Santacafxc3xa9
231 Washington Ave, Santa Fe, NM 87501
The Old House Restaurant
309 W San Francisco St, Santa Fe, NM 87501
Luminaria Restaurant & Patio
211 Old Santa Fe Trl, Santa Fe, NM 87501
Dinner For Two
106 N Guadalupe St, Santa Fe, NM 87501
La Casa Sena Wine Shop
125 E Palace Ave Ste 10, Santa Fe, NM 87501
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!
