Interested in purchasing investment houses in the 87940 zip code in Rincon, NM?
The zip code 87940 is in Dona Ana county with a latitude of -106.997360000000 and longitude of 32.610670000000, is in the state of New Mexico. The average asking price of houses and condos is $376,250.00 and the average sale price was $88,291.00. this regions is classified as the El Paso metro area and is in the 575 area code. The location in degrees is 32° 36' 38.412" N, 106° 59' 50.496" W. The county F.I.P.S. is 35013. The total land area is 64.3 square miles and the water area is 0.6 square miles. The elevation in this area is 4134 - 4521 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87940 is in county number 013 and is L. Sector 00, L. Segment 01, H. Sector 08, and H. Segment 08. The population was 767 in 2019 and 669 in 2010. This further breaks down to 392 males (51.1%) and 375 females (48.9%). The median age of residents is 25.9 years. The population of the greater Las Cruces, NM area is 215,179. The population density (people per square mile) is 12. This zip code has a combined total of 245 houses and condos. There are 38 rented appartments. 19% of residents rent versus the 19% 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 $29,221 and the average salary is $23,400. The median household income of individuals is $25,117.00 and the average is $39,630.00. This zip code has a mean commute time to work of 45.6 minutes. The unemployment rate is 21.2%. Income earners by percent breakdown as 82.70% (Under $50,000), 11.30% ($50,000-$100,000), and 6.10% earn over $100,000. 25.2% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 86.9. The educational breakdown is 86.0% have a high school education or higher, 18.7% have a bachelor's degree or higher, and 0.0% have some kind of profesional degree.
This area has 222 households and the average size is 3.7 people. Individuals who are single and have never been married are 46.7%, 32.0% are now married, 0.0% are separated, 0.0% are widowed, and 21.3% are divorced.
The estimated median value of houses and condos is $404,232. The median monthly owner costs of mortgage holders was $2,260, where as the costs for those who don't have a mortgage are $403. The median number of rooms in houses and condos are 5.3.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $2,659. 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 1.9% which amounted to an average tax amount of $3,182. Reported taxable interest for persons was $1,462 and itemized deductions $14,800. The average earned income tax credit is $2,389. The percent of individuals that use a tax preparer is 78.9%.
Rio Valley Chili Onion Shed
3257 Railroad Rd # 2, Rincon, NM 87940
Santa Fe Grill
624 Franklin St, Hatch, NM 87937 (5.5 miles away)
Cattleman's Steak House
3375 Bataan Memorial W, Las Cruces, NM 88012 (17.8 miles away)
Arrey Cafe
Hwy 187, Arrey, NM 87930 (19.5 miles away)
Cha Chi's
505 Joe Gutierrez, Dona Ana, NM 88032 (23.9 miles away)
Forghedaboudit Southwest Italian Las Cruces
1338 Picacho Hls, Las Cruces, NM 88007 (27.8 miles away)
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!
