Interested in purchasing investment houses in the 88346 zip code in Ruidoso Downs, NM?
The zip code 88346 is in Lincoln county with a latitude of -105.540070000000 and longitude of 33.353760000000, is in the state of New Mexico. The average asking price of houses and condos is $274,152.00 and the average sale price was $167,664.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 575 area code. The location in degrees is 33° 21' 13.536" N, 105° 32' 24.252" W. The county F.I.P.S. is 35027. This zip code contains two cities including Ruidoso Downs, NM (5.73%), and Ruidoso, NM (0.15%) The total land area is 59.9 square miles and the water area is 0.0 square miles. The elevation in this area is 6293 - 7159 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 88346 is in county number 027 and is L. Sector 00, L. Segment 01, H. Sector 10, and H. Segment 10. The population was 2,757 in 2019 and 3,132 in 2010. Of this, the break down in 2019 was 1,907 urban and 849 rural. This further breaks down to 1,165 males (42.3%) and 1,592 females (57.7%). The median age of residents is 41.1 years. The population of the greater Ruidoso, NM area is 22,155. The population density (people per square mile) is 46. This zip code has a combined total of 1,250 houses and condos. There are 384 rented appartments. 45% of residents rent versus the 45% 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 $29,610 and the average salary is $24,425. The median household income of individuals is $44,799.00 and the average is $35,950.00. This zip code has a mean commute time to work of 14.5 minutes. The unemployment rate is 4.6%. Income earners by percent breakdown as 56.70% (Under $50,000), 30.00% ($50,000-$100,000), and 13.30% earn over $100,000. 16.4% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 85.0. The educational breakdown is 84.5% have a high school education or higher, 8.0% have a bachelor's degree or higher, and 3.7% have some kind of profesional degree.
This area has 1,263 households and the average size is 3.2 people. Individuals who are single and have never been married are 18.7%, 36.2% are now married, 9.3% are separated, 14.9% are widowed, and 20.9% are divorced. The average yearly contribution amount given by people to charity was $3,100 versus the state average of $4,195. The percent of residents who gave to charity was 5.8%.
The estimated median value of houses and condos is $157,458. The median monthly owner costs of mortgage holders was $686, where as the costs for those who don't have a mortgage are $361. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.4% which equated to an average real estate tax amount payment of $610. 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 0.5% which amounted to an average tax amount of $774. 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 $447. Reported taxable interest for persons was $1,233, dividends $1,140, capital gains +$338, and itemized deductions $18,915. The average earned income tax credit is $2,500. The percent of individuals that use a tax preparer is 46.7%. The total average income taxes paid by individuals was $4,362. Businesses reported an average profit of $7,483.
Dickey's Barbecue Pit
26185 US Hwy 70 E, Suite D1, Ruidoso Downs, NM 88346
Vickeys Bar B Que
26185 Us Highway 70, Ruidoso Downs, NM 88346
La Hacienda Family Restaurant
26133 Us Highway 70, Ruidoso Downs, NM 88346
Chef Lupe's Cafe
26135 Us Highway 70, Ruidoso Downs, NM 88346
Eddie's Taqueria
26135 Us Highway 70, Ruidoso Downs, NM 88346
La Hacienda Family Restaurant
62133 E Highway 70, Ruidoso Downs, NM 88346
Pappy's Diner
890 E Highway 70, Ruidoso Downs, NM 88346
Baird & Gouldman Enterprises
1800 W Highway 70, Ruidoso Downs, NM 88346
Chileos
135 E Highway 70, Ruidoso Downs, NM 88346
Downs Diner
2064 Billy The Kid Trl, Ruidoso Downs, NM 88346
Jorge's Cafe
2064 Billy The Kid Trl, Ruidoso Downs, NM 88346
Jorge's Cafe
26152 Us Highway 70, Ruidoso Downs, NM 88346