Interested in purchasing investment houses in the 88116 zip code in Elida, NM?
The zip code 88116 is in both Roosevelt and Chaves counties with a latitude of -103.879890000000 and longitude of 33.918250000000, is in the state of New Mexico. The average asking price of houses and condos is $3,500,000.00 and the average sale price was $47,153.00. this regions is classified as the Amarillo metro area and is in the 575 area code. The location in degrees is 33° 55' 5.7" N, 103° 52' 47.604" W. The county F.I.P.S. is 35041. The total land area is 1412.3 square miles and the water area is 1.7 square miles. The elevation in this area is 4147 - 4643 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 88116 is in county number 041 and is L. Sector 00, L. Segment 01, H. Sector 10, and H. Segment 10. The population was 442 in 2019 and 455 in 2010. This further breaks down to 194 males (43.8%) and 248 females (56.2%). The median age of residents is 44.3 years. The population of the greater Portales, NM area is 19,135. The population density (people per square mile) is 0.313. This zip code has a combined total of 317 houses and condos. There are 37 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 $37,656 and the average salary is $29,458. The median household income of individuals is $33,341.00 and the average is $47,110.00. This zip code has a mean commute time to work of 29.4 minutes. The unemployment rate is 6.1%. Income earners by percent breakdown as 68.10% (Under $50,000), 25.10% ($50,000-$100,000), and 6.80% earn over $100,000. 8.0% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 85.1. The educational breakdown is 95.3% have a high school education or higher, 36.7% have a bachelor's degree or higher, and 16.5% have some kind of profesional degree.
This area has 191 households and the average size is 2.2 people. Individuals who are single and have never been married are 24.4%, 52.4% are now married, 1.5% are separated, 11.2% are widowed, and 10.6% are divorced.
The estimated median value of houses and condos is $128,820. The median monthly owner costs of mortgage holders was $1,173, where as the costs for those who don't have a mortgage are $308. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 5.4.
The real estate tax percent rate is 0.4% which equated to an average real estate tax amount payment of $569. 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 0.4% which amounted to an average tax amount of $692. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.4% which amounted to an average tax amount of $529. Reported taxable interest for persons was $460, dividends $350, and capital gains +$9,367. The average earned income tax credit is $2,250. The percent of individuals that use a tax preparer is 68.8%. Businesses reported an average profit of $4,200.
Kenna Store
38797 Us 70, Kenna, NM 88122 (5.9 miles away)
Cattle Baron
1600 S Avenue D, Portales, NM 88130 (23.7 miles away)
Tin Barn BBQ
107 W Denby Ave, Melrose, NM 88124 (35.1 miles away)
Whispering Winds Golf Course
105 Olds Rd, Cannon Afb, NM 88103 (35.6 miles away)
Dakota's Steakhouse
816 Lexington Rd, Clovis, NM 88101 (40.2 miles away)
Country Kitchen
225 Wheeler St, Texico, NM 88135 (45.4 miles away)
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