Interested in purchasing investment houses in the 88267 zip code in Tatum, NM?
The zip code 88267 is in Lea county with a latitude of -103.421820000000 and longitude of 33.331910000000, is in the state of New Mexico. The average asking price of houses and condos is $290,000.00 and the average sale price was $52,284.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 575 area code. The location in degrees is 33° 19' 54.876" N, 103° 25' 18.552" W. The county F.I.P.S. is 35025. The total land area is 959.3 square miles and the water area is 1.2 square miles. The elevation in this area is 3790 - 4413 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 88267 is in county number 025 and is L. Sector 00, L. Segment 01, H. Sector 09, and H. Segment 09. The population was 1,150 in 2019 and 1,349 in 2010. This further breaks down to 546 males (47.5%) and 603 females (52.5%). The median age of residents is 35.9 years. The population of the greater Hobbs, NM area is 60,926. The population density (people per square mile) is 1. This zip code has a combined total of 539 houses and condos. There are 112 rented appartments. 26% of residents rent versus the 26% 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 $58,947 and the average salary is $44,723. The median household income of individuals is $32,232.00 and the average is $91,280.00. This zip code has a mean commute time to work of 25.5 minutes. The unemployment rate is 8.3%. Income earners by percent breakdown as 70.00% (Under $50,000), 25.40% ($50,000-$100,000), and 4.60% earn over $100,000. 8.3% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 83.6. The educational breakdown is 87.0% have a high school education or higher, 18.8% have a bachelor's degree or higher, and 4.7% have some kind of profesional degree.
This area has 523 households and the average size is 2.7 people. Individuals who are single and have never been married are 20.7%, 56.6% are now married, 1.1% are separated, 6.8% are widowed, and 14.7% are divorced. The average yearly contribution amount given by people to charity was $10,525 versus the state average of $4,195. The percent of residents who gave to charity was 8.5%.
The estimated median value of houses and condos is $90,008. The median monthly owner costs of mortgage holders was $780, where as the costs for those who don't have a mortgage are $359. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $444. 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 $539. 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 $382. Reported taxable interest for persons was $483, dividends $2,000, capital gains +$5,925, and itemized deductions $28,229. The average earned income tax credit is $2,009. The percent of individuals that use a tax preparer is 66.0%. The total average income taxes paid by individuals was $8,557. Businesses reported an average profit of $11,000.
Steak House Cafe
Tatum 88213, Tatum, NM 88267
Steak House Cafe
1 E Broadway St, Tatum, NM 88267
Ramirez Authentic Mexican Cuisine
103 W 2nd St, Tatum, NM 88267
Ranchito Burger Barn
400 W Broadway St, Tatum, NM 88267
Tiny's Burger Barn
500 W Broadway St, Tatum, NM 88267
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