Interested in purchasing investment houses in the 87740 zip code in Raton, NM?
The zip code 87740 is in Colfax county with a latitude of -104.410450000000 and longitude of 36.755390000000, is in the state of New Mexico. The average asking price of houses and condos is $140,556.00 and the average sale price was $135,712.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 575 area code. The location in degrees is 36° 45' 19.404" N, 104° 24' 37.62" W. The county F.I.P.S. is 35007. This zip code contains two cities including Raton, NM (0.66%), and Maxwell, NM (0.00%) The total land area is 1206.9 square miles and the water area is 0.9 square miles. The elevation in this area is 6017 - 9164 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87740 is in county number 007 and is L. Sector 00, L. Segment 01, H. Sector 10, and H. Segment 10. The population was 7,083 in 2019 and 8,068 in 2010. Of this, the break down in 2019 was 5,787 urban and 1,295 rural. This further breaks down to 3,560 males (50.3%) and 3,522 females (49.7%). The median age of residents is 48.6 years. The population density (people per square mile) is 6. This zip code has a combined total of 4,332 houses and condos. There are 1,073 rented appartments. 30% of residents rent versus the 30% 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 $38,396 and the average salary is $32,175. The median household income of individuals is $35,335.00 and the average is $45,180.00. This zip code has a mean commute time to work of 14.1 minutes. The unemployment rate is 3.9%. Income earners by percent breakdown as 67.30% (Under $50,000), 26.30% ($50,000-$100,000), and 6.50% earn over $100,000. 18.8% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 82.3. The educational breakdown is 88.2% have a high school education or higher, 17.8% have a bachelor's degree or higher, and 8.9% have some kind of profesional degree.
This area has 3,488 households and the average size is 1.9 people. Individuals who are single and have never been married are 27.9%, 45.2% are now married, 0.7% are separated, 12.5% are widowed, and 13.6% are divorced. The average yearly contribution amount given by people to charity was $3,748 versus the state average of $4,195. The percent of residents who gave to charity was 9.5%.
The estimated median value of houses and condos is $96,974. The median monthly owner costs of mortgage holders was $978, where as the costs for those who don't have a mortgage are $325. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $559. 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 $633. 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 $470. Reported taxable interest for persons was $1,469, dividends $3,471, capital gains +$7,615, and itemized deductions $18,676. The average earned income tax credit is $2,207. The percent of individuals that use a tax preparer is 44.6%. The total average income taxes paid by individuals was $4,815. Businesses reported an average profit of $10,260.
K-Bob's Steakhouse
1228 S 2nd St, Raton, NM 87740
Los Chanquis Mexican & Seafood
144 N 1st St, Raton, NM 87740
Boomers BBQ
1117 S 2nd St, Raton, NM 87740
Casa Lemus Inn & Restaurant
350 Clayton Rd, Raton, NM 87740
Gate City Craft Bar
244 S 1st St, Raton, NM 87740
Stakeout Dining Club
200 S 1st St, Raton, NM 87740
Year of the Dog
1005 S 2nd St, Raton, NM 87740
111 Park Espresso Bar
111 Park Ave, Raton, NM 87740
The Art of Snacks
1117 S 2nd St, Raton, NM 87740
All Seasons Family Restaurant
I Highway 87, Raton, NM 87740
Joeseppi's Restaurant
134 N 2nd St, Raton, NM 87740
Alfonso's Mexican Food
412 Clayton Rd, Raton, NM 87740
Candelarios Food BBQ
247 E 8th St, Raton, NM 87740
Mulligan's
473 Clayton Rd, Raton, NM 87740
Pappas' Sweet Shop Restaurant
1201 S 2nd St, Raton, NM 87740
China Garden Restaurant
1281 S 2nd St, Raton, NM 87740
Asian Buffet
1281 S 2nd St, Raton, NM 87740
Sands Restaurant
350 Clayton Rd, Raton, NM 87740
El Matador
1012 S 2nd St, Raton, NM 87740
Reeseys Southern Smokehouse
144 N 1st St, Raton, NM 87740
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