Interested in purchasing investment houses in the 88256 zip code in Loving, NM?
The zip code 88256 is in Eddy county with a latitude of -103.892750000000 and longitude of 32.195880000000, is in the state of New Mexico. The average asking price of houses and condos is $112,500.00 and the average sale price was $59,939.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 575 area code. The location in degrees is 32° 11' 45.168" N, 103° 53' 33.9" W. The county F.I.P.S. is 35015. The total land area is 488.4 square miles and the water area is 6.0 square miles. The elevation in this area is 2881 - 3609 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 88256 is in county number 015 and is L. Sector 00, L. Segment 01, H. Sector 08, and H. Segment 08. The population was 1,714 in 2019 and 1,925 in 2010. This further breaks down to 909 males (53.1%) and 804 females (46.9%). The median age of residents is 38.2 years. The population of the greater Carlsbad-Artesia, NM area is 52,750. The population density (people per square mile) is 4. This zip code has a combined total of 807 houses and condos. There are 213 rented appartments. 32% of residents rent versus the 32% 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 $44,326 and the average salary is $39,349. The median household income of individuals is $32,467.00 and the average is $66,430.00. This zip code has a mean commute time to work of 23.3 minutes. The unemployment rate is 3.7%. Income earners by percent breakdown as 69.60% (Under $50,000), 25.40% ($50,000-$100,000), and 5.00% earn over $100,000. 11.9% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 86.0. The educational breakdown is 79.6% have a high school education or higher, 7.9% have a bachelor's degree or higher, and 1.4% have some kind of profesional degree.
This area has 663 households and the average size is 2.6 people. Individuals who are single and have never been married are 24.1%, 56.8% are now married, 0.4% are separated, 8.0% are widowed, and 10.7% are divorced. The average yearly contribution amount given by people to charity was $5,443 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 $128,709. The median monthly owner costs of mortgage holders was $1,321, where as the costs for those who don't have a mortgage are $321. The median number of rooms in houses and condos are 5.4 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 0.2% which equated to an average real estate tax amount payment of $309. 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 0.2% which amounted to an average tax amount of $287. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.3% which amounted to an average tax amount of $326. Reported taxable interest for persons was $600, dividends $667, capital gains +$6,450, and itemized deductions $24,390. The average earned income tax credit is $2,395. The percent of individuals that use a tax preparer is 58.4%. The total average income taxes paid by individuals was $3,830. Businesses reported an average profit of $15,000.
Licha's Kitchen
309 N 8th St, Loving, NM 88256
Italian Villa
1000 S Canyon St, Carlsbad, NM 88220 (12.9 miles away)
Kelly's Cafe
132701 Lovington Hwy, Loco Hills, NM 88255 (18.4 miles away)
Pecos Diamond Steakhouse
601 S 1st St, Artesia, NM 88210 (43.1 miles away)
Linda's Grill
11041 Highway 82, Maljamar, NM 88264 (44.8 miles away)
D Bar Cafe
204 E Kansas St, Jal, NM 88252 (53.3 miles away)
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