Interested in purchasing investment houses in the 87801 zip code in Socorro, NM?
The zip code 87801 is in Socorro county with a latitude of -106.846010000000 and longitude of 34.130380000000, is in the state of New Mexico. The average asking price of houses and condos is $160,210.00 and the average sale price was $69,952.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 575 area code. The location in degrees is 34° 7' 49.368" N, 106° 50' 45.636" W. The county F.I.P.S. is 35053. This zip code contains four cities including Socorro, NM (9.06%), Luis Lopez, NM (0.38%), Escondida, NM (0.09%), and San Antonio, NM (0.04%) The total land area is 142.8 square miles and the water area is 0.0 square miles. The elevation in this area is 4357 - 7651 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87801 is in county number 051 and is L. Sector 43, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 9,475 in 2019 and 10,221 in 2010. Of this, the break down in 2019 was 7,844 urban and 1,630 rural. This further breaks down to 5,166 males (54.5%) and 4,308 females (45.5%). The median age of residents is 32.8 years. The population density (people per square mile) is 66. This zip code has a combined total of 4,499 houses and condos. There are 1,000 rented appartments. 35% of residents rent versus the 35% 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 $37,476 and the average salary is $32,252. The median household income of individuals is $29,783.00 and the average is $43,990.00. This zip code has a mean commute time to work of 12.1 minutes. The unemployment rate is 2.6%. Income earners by percent breakdown as 67.50% (Under $50,000), 20.90% ($50,000-$100,000), and 11.50% earn over $100,000. 26.0% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 82.7. The educational breakdown is 85.5% have a high school education or higher, 29.4% have a bachelor's degree or higher, and 15.2% have some kind of profesional degree.
This area has 4,134 households and the average size is 3.2 people. Individuals who are single and have never been married are 51.3%, 30.7% are now married, 1.7% are separated, 6.5% are widowed, and 9.8% are divorced. The average yearly contribution amount given by people to charity was $3,300 versus the state average of $4,195. The percent of residents who gave to charity was 10.0%.
The estimated median value of houses and condos is $149,939. The median monthly owner costs of mortgage holders was $996, where as the costs for those who don't have a mortgage are $358. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $1,071. 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 0.9% which amounted to an average tax amount of $1,211. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $933. Reported taxable interest for persons was $1,289, dividends $4,924, capital gains +$4,189, and itemized deductions $18,593. The average earned income tax credit is $2,380. The percent of individuals that use a tax preparer is 41.7%. The total average income taxes paid by individuals was $5,091. Businesses reported an average profit of $6,455.
Ranchers Steakhouse and Road Runner
606 N California St, Socorro, NM 87801
Jackson Ranch Steakhouse
1123 NW Frontage Rd, Socorro, NM 87801
Ranchers Steakhouse & Road Runner Lounge
606 S California St, Socorro, NM 87801
El Sombrero Restaurant
1184 Ne Frontage Rd, Socorro, NM 87801
Socorro Springs Brewing Co
1012 N California St, Socorro, NM 87801
El Camino Restaurant & Lounge
707 N California St, Socorro, NM 87801
Bodega Burger Co
606 N California St, Socorro, NM 87801
Sofia's Kitchen
105 Bullock St, Socorro, NM 87801
Capitol Bar
110 Plaza St, Socorro, NM 87801
Armijo's Mexican Restaurant
602 Highway 85, Socorro, NM 87801
Don Juan's Cocina
118 Manzanares Ave E, Socorro, NM 87801
Pollo Real
108 Hope Farms Rd, Socorro, NM 87801
La Pasadita
230 Garfield St, Socorro, NM 87801
China Best Buffet
900 N California St, Socorro, NM 87801
Sweet Occasions
123 Plaza St, Socorro, NM 87801
Desert Diamond Restaurant
602 Highway 85, Socorro, NM 87801
Yo Mama's
400 N California St, Socorro, NM 87801
Manzanares Street Coffeehouse
110 Manzanares Ave E, Socorro, NM 87801
M Mountain Coffee
110 Manzanares Ave E, Socorro, NM 87801
It's A Sweet Life Cafe
106 Manzanares Ave E, Socorro, NM 87801
Owl Bar & Cafe
77 Us Highway 380, San Antonio, NM 87832 (16.2 miles away)