Interested in purchasing investment houses in the 88418 zip code in Des Moines, NM?
The zip code 88418 is in Union county with a latitude of -103.683400000000 and longitude of 36.725130000000, is in the state of New Mexico. The average asking price of houses and condos is $89,000.00 and the average sale price was $110,655.00. this regions is classified as the Amarillo metro area and is in the 575 area code. The location in degrees is 36° 43' 30.468" N, 103° 41' 0.24" W. The county F.I.P.S. is 35059. This zip code contains two cities including Des Moines, NM (0.22%), and Capulin, NM (0.20%) The total land area is 507.9 square miles and the water area is 0.6 square miles. The elevation in this area is 6198 - 8222 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 88418 is in county number 059 and is L. Sector 00, L. Segment 01, H. Sector 08, and H. Segment 08. The population was 240 in 2019 and 294 in 2010. This further breaks down to 145 males (60.5%) and 95 females (39.5%). The median age of residents is 42.7 years. The population density (people per square mile) is 0.473. This zip code has a combined total of 184 houses and condos. There are 34 rented appartments. 41% of residents rent versus the 41% 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 $46,871 and the average salary is $34,891. The median household income of individuals is $38,199.00 and the average is $47,490.00. This zip code has a mean commute time to work of 22.8 minutes. The unemployment rate is 3.5%. Income earners by percent breakdown as 61.40% (Under $50,000), 29.80% ($50,000-$100,000), and 8.80% earn over $100,000. 8.9% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 88.1. The educational breakdown is 91.4% have a high school education or higher, 30.4% have a bachelor's degree or higher, and 1.3% have some kind of profesional degree.
This area has 140 households and the average size is 2.9 people. Individuals who are single and have never been married are 12.6%, 82.1% are now married, 1.7% are separated, 0.0% are widowed, and 3.6% are divorced.
The estimated median value of houses and condos is $103,313. The median monthly owner costs of mortgage holders was $1,361, where as the costs for those who don't have a mortgage are $336. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 5.8.
The real estate tax percent rate is 0.4% which equated to an average real estate tax amount payment of $411. 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 $542. Reported taxable interest for persons was $320, dividends $3,900, capital gains +$3,850, and itemized deductions $10,000. The average earned income tax credit is $1,700. The percent of individuals that use a tax preparer is 64.3%. Businesses reported an average profit of $9,067.
Sierra Grande re
6 Sierra Grande Rd, Des Moines, NM 88418
Gladstone Mercantile
4618 Springer Hwy, Gladstone, NM 88422 (32.2 miles away)
K-Bob's Steakhouse
1228 S 2nd St, Raton, NM 87740 (33.1 miles away)
Wild Horse Grill & Steakhouse
22 Pine St, Clayton, NM 88415 (42.9 miles away)
Brown The Hotel & Cafe
302 Clenchal Ave, Springer, NM 87747 (46.8 miles away)
Kim Outpost
115 Las Animas Ave, Kim, CO 81049 (50 miles away)
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