Interested in purchasing investment houses in the 87537 zip code in Hernandez, NM?
The zip code 87537 is in Rio Arriba county with a latitude of -106.185350000000 and longitude of 36.049620000000, is in the state of New Mexico. The average asking price of houses and condos is $128,667.00 and the average sale price was $275,797.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 36° 2' 58.632" N, 106° 11' 7.26" W. The county F.I.P.S. is 35039. This zip code contains four cities including Chili, NM (5.56%), Hernandez, NM (2.85%), El Duende, NM (2.13%), and San Jose, NM (1.80%) The total land area is 59.5 square miles and the water area is 0.2 square miles. The elevation in this area is 5807 - 8954 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87537 is in county number 039 and is L. Sector 93, L. Segment 04, H. Sector 04, and H. Segment 04. The population was 2,727 in 2019 and 2,957 in 2010. Of this, the break down in 2019 was 1,459 urban and 1,267 rural. This further breaks down to 1,360 males (49.9%) and 1,367 females (50.1%). The median age of residents is 39.3 years. The population of the greater Espanola, NM area is 41,366. The population density (people per square mile) is 46. This zip code has a combined total of 1,589 houses and condos. There are 231 rented appartments. 25% of residents rent versus the 25% 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 $40,862 and the average salary is $39,481. The median household income of individuals is $36,513.00 and the average is $42,730.00. This zip code has a mean commute time to work of 41.4 minutes. The unemployment rate is 7.5%. Income earners by percent breakdown as 63.00% (Under $50,000), 28.70% ($50,000-$100,000), and 8.30% earn over $100,000. 26.8% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 83.6. The educational breakdown is 84.4% have a high school education or higher, 17.3% have a bachelor's degree or higher, and 9.1% have some kind of profesional degree.
This area has 1,084 households and the average size is 2.9 people. Individuals who are single and have never been married are 39.0%, 46.7% are now married, 3.8% are separated, 3.4% are widowed, and 7.0% are divorced. The average yearly contribution amount given by people to charity was $1,975 versus the state average of $4,195. The percent of residents who gave to charity was 11.8%.
The estimated median value of houses and condos is $182,338. The median monthly owner costs of mortgage holders was $1,386, where as the costs for those who don't have a mortgage are $376. 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 0.4% which equated to an average real estate tax amount payment of $740. 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 0.4% which amounted to an average tax amount of $745. 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 $738. Reported taxable interest for persons was $600 and itemized deductions $18,080. The average earned income tax credit is $2,822. The percent of individuals that use a tax preparer is 47.1%. The total average income taxes paid by individuals was $4,860. Businesses reported an average profit of $5,267.
Kennys North Carolina BBQ
19350 Us Highway 84/285, Hernandez, NM 87537
Socorro's Restaurant
19511 Us Highway 84/285, Hernandez, NM 87537
El Parasol North
Highway 68 Travel Ctr, San Juan, NM 87566 (3.8 miles away)
Black Mesa Steakhouse
460 N Riverside Dr, Espanola, NM 87532 (7.1 miles away)
Martinez Carry Out & Collectible
526 State Road 76, Santa Cruz, NM 87567 (8.6 miles away)
Sugar's BBQ & Hamburgers
1799 State Road 68, Velarde, NM 87582 (8.7 miles away)
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