Interested in purchasing investment houses in the 88022 zip code in Arenas Valley, NM?
The zip code 88022 is in Grant county with a latitude of -108.179980000000 and longitude of 32.799810000000, is in the state of New Mexico. The average asking price of houses and condos is $292,500.00 and the average sale price was $77,634.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 575 area code. The location in degrees is 32° 47' 59.316" N, 108° 10' 47.928" W. The county F.I.P.S. is 35017. This zip code contains two cities including Arenas Valley, NM (15.45%), and Santa Clara, NM (4.37%) The total land area is 11.7 square miles and the water area is 0.0 square miles. The elevation in this area is 6090 - 6490 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 88022 is in county number 017 and is L. Sector 00, L. Segment 01, H. Sector 08, and H. Segment 08. The population was 1,254 in 2019 and 1,343 in 2010. This further breaks down to 579 males (46.2%) and 675 females (53.8%). The median age of residents is 51.9 years. The population of the greater Silver City, NM area is 31,237. The population density (people per square mile) is 107. This zip code has a combined total of 513 houses and condos. There are 70 rented appartments. 20% of residents rent versus the 20% 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 $45,210 and the average salary is $36,483. The median household income of individuals is $44,179.00 and the average is $44,000.00. This zip code has a mean commute time to work of 15.8 minutes. The unemployment rate is 14.8%. Income earners by percent breakdown as 57.80% (Under $50,000), 33.90% ($50,000-$100,000), and 8.30% earn over $100,000. 25.1% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 85.5. The educational breakdown is 83.1% have a high school education or higher, 10.6% have a bachelor's degree or higher, and 2.8% have some kind of profesional degree.
This area has 504 households and the average size is 2.8 people. Individuals who are single and have never been married are 17.6%, 44.9% are now married, 1.4% are separated, 16.6% are widowed, and 19.5% are divorced. The average yearly contribution amount given by people to charity was $3,533 versus the state average of $4,195. The percent of residents who gave to charity was 10.3%.
The estimated median value of houses and condos is $126,387. The median monthly owner costs of mortgage holders was $1,067, where as the costs for those who don't have a mortgage are $293. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 0.4% which equated to an average real estate tax amount payment of $524. 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 0.3% which amounted to an average tax amount of $406. 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 $583. Reported taxable interest for persons was $514, dividends $1,367, capital gains +$533, and itemized deductions $18,740. The average earned income tax credit is $2,271. The percent of individuals that use a tax preparer is 41.4%. The total average income taxes paid by individuals was $5,420. Businesses reported an average profit of $5,900.
The Lunch Bag
11787 Highway 180 E, Arenas Valley, NM 88022
DWME Inc
175 Racetrack Rd, Arenas Valley, NM 88022
1zero6
106 N Texas St, Silver City, NM 88061 (5.2 miles away)
The Patio
100 Cortez Ave, Hurley, NM 88043 (9.6 miles away)
Three Questions Coffee House
4 El Otro Lado Rd, Mimbres, NM 88049 (12.4 miles away)
Little Nishas Mexican Food
1105 Tom Foy Blvd, Bayard, NM 88023 (12.8 miles away)
La Tienda Del Sol
2674 Highway 35, San Lorenzo, NM 88041 (13.5 miles away)
Parkey's
8414 Highway 180 W, Cliff, NM 88028 (19 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!
