Interested in purchasing investment houses in the 88345 zip code in Ruidoso, NM?
The zip code 88345 is in Lincoln county with a latitude of -105.680010000000 and longitude of 33.347980000000, is in the state of New Mexico. The average asking price of houses and condos is $245,828.00 and the average sale price was $149,132.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 575 area code. The location in degrees is 33° 20' 52.728" N, 105° 40' 48.036" W. The county F.I.P.S. is 35027. This zip code contains two cities including Ruidoso, NM (39.36%), and Ruidoso Downs, NM (1.08%) The total land area is 33.0 square miles and the water area is 0.0 square miles. The elevation in this area is 6375 - 7786 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 88345 is in county number 027 and is L. Sector 00, L. Segment 01, H. Sector 09, and H. Segment 09. The population was 8,639 in 2019 and 8,845 in 2010. Of this, the break down in 2019 was 6,739 urban and 1,899 rural. This further breaks down to 4,369 males (50.6%) and 4,270 females (49.4%). The median age of residents is 49.8 years. The population of the greater Ruidoso, NM area is 22,155. The population density (people per square mile) is 262. This zip code has a combined total of 10,244 houses and condos. There are 677 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 $44,873 and the average salary is $32,755. The median household income of individuals is $45,243.00 and the average is $52,240.00. This zip code has a mean commute time to work of 15.7 minutes. The unemployment rate is 4.9%. Income earners by percent breakdown as 54.90% (Under $50,000), 30.30% ($50,000-$100,000), and 14.80% earn over $100,000. 6.7% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 85.6. The educational breakdown is 89.0% have a high school education or higher, 29.1% have a bachelor's degree or higher, and 8.6% have some kind of profesional degree.
This area has 4,159 households and the average size is 2.6 people. Individuals who are single and have never been married are 24.7%, 52.5% are now married, 0.0% are separated, 6.9% are widowed, and 15.9% are divorced. The average yearly contribution amount given by people to charity was $4,125 versus the state average of $4,195. The percent of residents who gave to charity was 19.8%.
The estimated median value of houses and condos is $205,337. The median monthly owner costs of mortgage holders was $1,309, where as the costs for those who don't have a mortgage are $415. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $1,519. 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 0.8% which amounted to an average tax amount of $1,619. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $1,410. Reported taxable interest for persons was $2,411, dividends $4,195, capital gains +$12,492, and itemized deductions $21,791. The average earned income tax credit is $2,102. The percent of individuals that use a tax preparer is 49.5%. The total average income taxes paid by individuals was $5,383. Businesses reported an average profit of $9,672.
Michael J's Italian-American Restaurant
601 Mechem Dr, Ruidoso, NM 88345
Texas Club
212 Metz Dr, Ruidoso, NM 88345
Cattle Baron
1200 Mechem Dr, Ruidoso, NM 88345
K-BOB's Steak House Ruidoso
157 Highway 70, Ruidoso, NM 88345
Cattle Baron
657 Sudderth Dr, Ruidoso, NM 88345
Bear Bites
2825 Sudderth Dr Ste B, Ruidoso, NM 88345
Vinny's Italian Cucina
2703 Sudderth Dr, Ruidoso, NM 88345
Noisy Water Winery
2342 Sudderth Dr, Ruidoso, NM 88345
Can't Stop Smoking
418 Mechem Dr, Ruidoso, NM 88345
Circle J Bar-B-Que
1825 Sudderth Dr, Ruidoso, NM 88345
Anaheim Jacks
1097 Mechem Dr, Ruidoso, NM 88345
The Village Buttery
2107 Sudderth Dr, Ruidoso, NM 88345
Grill Caliente
2800 Sudderth Dr, Ruidoso, NM 88345
Garcias Cafe
1101 Sudderth Dr, Ruidoso, NM 88345
Trolley Burger Depot
800 Sudderth Dr, Ruidoso, NM 88345
Michael Js Restaurant
601 Mechem Dr, Ruidoso, NM 88345
Casa Blanca
501 Mechem Dr, Ruidoso, NM 88345
El Camino Nuevo
1025 Mechem Dr, Ruidoso, NM 88345
Rio Grande Grill
441 Mechem Dr, Ruidoso, NM 88345
El Paraiso Mexican Restaurant
310 Sudderth Dr, Ruidoso, NM 88345
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!
