Interested in purchasing investment houses in the 87731 zip code in Montezuma, NM?
The zip code 87731 is in San Miguel county with a latitude of -105.413870000000 and longitude of 35.731960000000, is in the state of New Mexico. The average asking price of houses and condos is $522,258.00 and the average sale price was $301,563.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 35° 43' 55.056" N, 105° 24' 49.932" W. The county F.I.P.S. is 35047. The total land area is 87.2 square miles and the water area is 0.0 square miles. The elevation in this area is 7264 - 8245 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87731 is in county number 047 and is L. Sector 00, L. Segment 01, H. Sector 08, and H. Segment 08. The population was 252 in 2019 and 223 in 2010. Of this, the break down in 2019 was 207 urban and 44 rural. This further breaks down to 124 males (49.2%) and 128 females (50.8%). The median age of residents is 62.4 years. The population of the greater Las Vegas, NM area is 30,019. The population density (people per square mile) is 3. This zip code has a combined total of 207 houses and condos. There are 14 rented appartments. 12% of residents rent versus the 12% 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 $40,256 and the average salary is $33,946. The median household income of individuals is $37,351.00 and the average is $44,640.00. The unemployment rate is 22.7%. Income earners by percent breakdown as 63.20% (Under $50,000), 26.30% ($50,000-$100,000), and 10.50% earn over $100,000. 5.1% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 87.7. The educational breakdown is 100.6% have a high school education or higher, 40.6% have a bachelor's degree or higher, and 27.7% have some kind of profesional degree.
This area has 102 households and the average size is 2.1 people. Individuals who are single and have never been married are 11.4%, 72.0% are now married, 0.0% are separated, 0.0% are widowed, and 16.6% are divorced. The average yearly contribution amount given by people to charity was $1,850 versus the state average of $4,195. The percent of residents who gave to charity was 12.5%.
The estimated median value of houses and condos is $350,854. The median number of rooms in houses and condos are 5.0.
The real estate tax percent rate is 0.2% which equated to an average real estate tax amount payment of $730. 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. Reported taxable interest for persons was $500, dividends $3,350, and itemized deductions $16,275. The average earned income tax credit is $1,833. The percent of individuals that use a tax preparer is 50.0%. The total average income taxes paid by individuals was $3,325. Businesses reported an average profit of $3,050.
K-Bob's Steakhouse
1803 7th St, Las Vegas, NM 87701 (4.1 miles away)
The Patio
1 Lodge Rd, Rociada, NM 87742 (12.4 miles away)
Frankies at the Casanova
12 S Main St, Pecos, NM 87552 (24.1 miles away)
Hatcha's Cafe
Highway 518, Mora, NM 87732 (24.7 miles away)
El Pueblo Bar
567 Nm Highway 3, Ribera, NM 87560 (24.9 miles away)
Theresa's Tamales
3296 State Highway 518, Cleveland, NM 87715 (25.6 miles away)
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