Interested in purchasing investment houses in the 87931 zip code in Caballo, NM?
The zip code 87931 is in Sierra county with a latitude of -107.410240000000 and longitude of 32.964130000000, is in the state of New Mexico. The average asking price of houses and condos is $372,500.00 and the average sale price was $87,590.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 575 area code. The location in degrees is 32° 57' 50.868" N, 107° 24' 36.864" W. The county F.I.P.S. is 35051. This zip code contains two cities including Oasis, NM (1.79%), and Caballo, NM (0.84%) The total land area is 110.3 square miles and the water area is 6.6 square miles. The elevation in this area is 4239 - 6654 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87931 is in county number 051 and is L. Sector 00, L. Segment 01, H. Sector 07, and H. Segment 07. The population was 898 in 2019 and 634 in 2010. This further breaks down to 461 males (51.4%) and 436 females (48.6%). The median age of residents is 50.6 years. The population density (people per square mile) is 8. This zip code has a combined total of 628 houses and condos. There are 78 rented appartments. 16% of residents rent versus the 16% 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 $37,186 and the average salary is $31,529. The median household income of individuals is $30,417.00 and the average is $43,130.00. This zip code has a mean commute time to work of 17.1 minutes. Income earners by percent breakdown as 76.80% (Under $50,000), 18.00% ($50,000-$100,000), and 5.10% earn over $100,000. 32.0% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 87.7. The educational breakdown is 98.4% have a high school education or higher, 52.9% have a bachelor's degree or higher, and 20.6% have some kind of profesional degree.
This area has 324 households and the average size is 1.9 people. Individuals who are single and have never been married are 30.5%, 47.9% are now married, 0.0% are separated, 5.4% are widowed, and 16.2% are divorced. The average yearly contribution amount given by people to charity was $6,600 versus the state average of $4,195. The percent of residents who gave to charity was 9.1%.
The estimated median value of houses and condos is $154,252. The median monthly owner costs of mortgage holders was $1,116, where as the costs for those who don't have a mortgage are $277. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $1,148. 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 1.0% which amounted to an average tax amount of $1,266. 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 $1,041. Reported taxable interest for persons was $1,489, dividends $850, capital gains +$433, and itemized deductions $21,867. The average earned income tax credit is $1,775. The percent of individuals that use a tax preparer is 59.1%. The total average income taxes paid by individuals was $4,267. Businesses reported an average profit of $4,975.
Arrey Cafe
Hwy 187, Arrey, NM 87930 (11.7 miles away)
Fast Stop Inc
719 S Broadway St, Williamsburg, NM 87942 (12.6 miles away)
Hillsboro General Store
10697 Highway 152, Hillsboro, NM 88042 (12.9 miles away)
Los Arcos Steak & Lobster House
1400 N Date St, Truth Or Consequences, NM 87901 (15.9 miles away)
Bigfoot Restaurant
212 Warm Springs Blvd, Elephant Butte, NM 87935 (20.2 miles away)
Santa Fe Grill
624 Franklin St, Hatch, NM 87937 (25.7 miles away)
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