Interested in purchasing investment houses in the 87701 zip code in Las Vegas, NM?
The zip code 87701 is in San Miguel county with a latitude of -104.927000000000 and longitude of 35.538690000000, is in the state of New Mexico. The average asking price of houses and condos is $274,974.00 and the average sale price was $274,594.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 35° 32' 19.284" N, 104° 55' 37.2" W. The county F.I.P.S. is 35047. This zip code contains two cities including Las Vegas, NM (0.47%), and Tecolote, NM (0.35%) The total land area is 1610.8 square miles and the water area is 3.0 square miles. The elevation in this area is 4820 - 10227 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87701 is in county number 047 and is L. Sector 00, L. Segment 01, H. Sector 05, and H. Segment 05. The population was 19,227 in 2019 and 20,081 in 2010. Of this, the break down in 2019 was 16,493 urban and 2,733 rural. This further breaks down to 9,654 males (50.2%) and 9,572 females (49.8%). The median age of residents is 41.1 years. The population of the greater Las Vegas, NM area is 30,019. The population density (people per square mile) is 12. This zip code has a combined total of 9,669 houses and condos. There are 2,648 rented appartments. 34% of residents rent versus the 34% 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 $34,844 and the average salary is $27,962. The median household income of individuals is $31,526.00 and the average is $35,860.00. This zip code has a mean commute time to work of 14.4 minutes. The unemployment rate is 7.5%. Income earners by percent breakdown as 69.10% (Under $50,000), 23.80% ($50,000-$100,000), and 7.00% earn over $100,000. 29.0% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 85.6. The educational breakdown is 82.7% have a high school education or higher, 22.0% have a bachelor's degree or higher, and 9.4% have some kind of profesional degree.
This area has 8,044 households and the average size is 2.3 people. Individuals who are single and have never been married are 46.1%, 30.2% are now married, 2.8% are separated, 6.2% are widowed, and 14.8% are divorced. The average yearly contribution amount given by people to charity was $2,675 versus the state average of $4,195. The percent of residents who gave to charity was 13.8%.
The estimated median value of houses and condos is $142,310. The median monthly owner costs of mortgage holders was $1,065, where as the costs for those who don't have a mortgage are $387. The median number of rooms in houses and condos are 5.6 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 $904. 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 $1,068. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $819. Reported taxable interest for persons was $1,352, dividends $9,147, capital gains +$10,109, and itemized deductions $19,028. The average earned income tax credit is $2,304. The percent of individuals that use a tax preparer is 43.8%. The total average income taxes paid by individuals was $3,639. Businesses reported an average profit of $7,854.
K-Bob's Steakhouse
1803 7th St, Las Vegas, NM 87701
B3 BBQ Burgers Beer
131 Bridge St, Las Vegas, NM 87701
Dick's Liquor & Deli
705 Douglas Ave, Las Vegas, NM 87701
Olivia's Cafe
233 Plaza St, Las Vegas, NM 87701
Jefitaxe2x80x99s Restaurant
324 S Pacific St, Las Vegas, NM 87701
The Skillet
623 12th St, Las Vegas, NM 87701
Smiling Faces Restaurant
331 S Grand Ave, Las Vegas, NM 87701
Hillcrest Restaurant
1106 Grand Ave, Las Vegas, NM 87701
Dq
200 Columbia St, Las Vegas, NM 87701
Pino's Family Restaurant
2221 N Grand Ave, Las Vegas, NM 87701
El Fidel Restaurant
510 Douglas Ave, Las Vegas, NM 87701
Sinclair Restaurant Group
524 Railroad Ave, Las Vegas, NM 87701
El Encanto
1816 Plaza St, Las Vegas, NM 87701
El Rialto Restaurant & Lounge
141 Bridge St, Las Vegas, NM 87701
Maryann's Famous Burrito Kitchen
528 S Grand Ave, Las Vegas, NM 87701
Maryann's Famous Burrito Kitchen
528 Grand Ave, Las Vegas, NM 87701
La Fiesta Restaurant
1814 7th St, Las Vegas, NM 87701
Mexican Kitchen Johnny's
717 Grand Ave, Las Vegas, NM 87701
El Ranchito Market
214 Mills Ave, Las Vegas, NM 87701
Helen's Burrito N More
774 Hightower St, Las Vegas, NM 87701
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!
