Interested in purchasing investment houses in the 87520 zip code in Chama, NM?
The zip code 87520 is in Rio Arriba county with a latitude of -106.627030000000 and longitude of 36.882720000000, is in the state of New Mexico. The average asking price of houses and condos is $231,314.00 and the average sale price was $292,875.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 575 area code. The location in degrees is 36° 52' 57.792" N, 106° 37' 37.308" W. The county F.I.P.S. is 35039. The total land area is 259.6 square miles and the water area is 0.5 square miles. The elevation in this area is 7904 - 8885 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87520 is in county number 039 and is L. Sector 00, L. Segment 01, H. Sector 08, and H. Segment 08. The population was 1,391 in 2019 and 1,419 in 2010. This further breaks down to 671 males (48.2%) and 719 females (51.8%). The median age of residents is 57.0 years. The population of the greater Espanola, NM area is 41,366. The population density (people per square mile) is 5. This zip code has a combined total of 1,269 houses and condos. There are 58 rented appartments. 11% of residents rent versus the 11% 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 $37,091 and the average salary is $27,877. The median household income of individuals is $37,772.00 and the average is $44,210.00. This zip code has a mean commute time to work of 26.3 minutes. The unemployment rate is 7.4%. Income earners by percent breakdown as 66.20% (Under $50,000), 24.60% ($50,000-$100,000), and 9.20% earn over $100,000. 16.0% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 90.0. The educational breakdown is 91.4% have a high school education or higher, 31.7% have a bachelor's degree or higher, and 20.7% have some kind of profesional degree.
This area has 653 households and the average size is 2.5 people. Individuals who are single and have never been married are 38.1%, 44.6% are now married, 0.2% are separated, 11.7% are widowed, and 5.4% are divorced. The average yearly contribution amount given by people to charity was $2,690 versus the state average of $4,195. The percent of residents who gave to charity was 15.6%.
The estimated median value of houses and condos is $250,009. The median monthly owner costs of mortgage holders was $1,382, where as the costs for those who don't have a mortgage are $396. The median number of rooms in houses and condos are 5.4 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $1,152. 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. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.4% which amounted to an average tax amount of $1,190. Reported taxable interest for persons was $700, dividends $3,867, and itemized deductions $19,385. The average earned income tax credit is $1,918. The percent of individuals that use a tax preparer is 37.5%. The total average income taxes paid by individuals was $3,585. Businesses reported an average profit of $6,862.
Elk Horn Cafe
2663 S 84-64 Hwy, Chama, NM 87520
BoxCar Cafe
425 Terrace Ave, Chama, NM 87520
Foster's Hotel Bar Restaurant
393 Terrace Ave, Chama, NM 87520
Local
587 Terrace Ave, Chama, NM 87520
JV's Place
851 S Terrace, Chama, NM 87520
Fina's Diner
2298 State Highway 17, Chama, NM 87520
Chama Grill
2701 Us Highway 84, Chama, NM 87520
Foster's Hotel, Restaurant and Saloon
393 S Terrace, Chama, NM 87520
High Country Restaurant & Saloon
2289 Nm 17, Chama, NM 87520
Fina's Diner
2298 Nm-17, Chama, NM 87520
Wilder Bakeshop
2248 State Highway 17, Chama, NM 87520
Rio Chama Espresso
614 Terrace Ave, Chama, NM 87520
Peace Of Pie
651 Hwy 86/64, Chama, NM 87520
Cliffwiew Restaurant
754 State Highway 84/64, Tierra Amarilla, NM 87575 (15 miles away)
El Ranchero
13803 Highway 64, Dulce, NM 87528 (26.5 miles away)
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