Interested in purchasing investment houses in the 87107 zip code in Albuquerque, NM?
The zip code 87107 is in Bernalillo county with a latitude of -106.643030000000 and longitude of 35.137400000000, is in the state of New Mexico. The average asking price of houses and condos is $285,272.00 and the average sale price was $252,450.00. this regions is classified as the Albuquerque - Santa Fe metro area and is in the 505 area code. The location in degrees is 35° 8' 14.64" N, 106° 38' 34.908" W. The county F.I.P.S. is 35001. This zip code contains three cities including Albuquerque, NM (56.87%), Los Ranchos de Albuquerque, NM (21.88%), and North Valley, NM (14.84%) The total land area is 14.8 square miles and the water area is 0.2 square miles. The elevation in this area is 4981 - 5131 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 87107 is in county number 001 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 31,167 in 2019 and 31,183 in 2010. This further breaks down to 14,647 males (47.0%) and 16,520 females (53.0%). The median age of residents is 42.7 years. The population of the greater Albuquerque, NM area is 886,814. The population density (people per square mile) is 2,110. This zip code has a combined total of 14,412 houses and condos. There are 4,532 rented appartments. 35% of residents rent versus the 35% 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 $62,646 and the average salary is $46,231. The median household income of individuals is $43,417.00 and the average is $75,180.00. This zip code has a mean commute time to work of 20.7 minutes. The unemployment rate is 4.9%. Income earners by percent breakdown as 56.40% (Under $50,000), 27.80% ($50,000-$100,000), and 15.70% earn over $100,000. 17.5% of residents live below poverty line versus the 18.2% in the state that are below this line. The cost of living index is 93.8. The educational breakdown is 88.1% have a high school education or higher, 33.2% have a bachelor's degree or higher, and 18.2% have some kind of profesional degree.
This area has 13,093 households and the average size is 2.4 people. Individuals who are single and have never been married are 35.9%, 38.8% are now married, 1.4% are separated, 7.3% are widowed, and 16.6% are divorced. The average yearly contribution amount given by people to charity was $4,544 versus the state average of $4,195. The percent of residents who gave to charity was 23.4%.
The estimated median value of houses and condos is $246,471. The median monthly owner costs of mortgage holders was $1,382, where as the costs for those who don't have a mortgage are $442. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $2,376. 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 1.0% which amounted to an average tax amount of $2,568. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $2,036. Reported taxable interest for persons was $2,617, dividends $7,997, capital gains +$33,594, and itemized deductions $24,969. The average earned income tax credit is $2,084. The percent of individuals that use a tax preparer is 50.1%. The total average income taxes paid by individuals was $8,932. Businesses reported an average profit of $14,338.
Mr. Powdrell's Barbeque House
5209 4th St NW, Albuquerque, NM 87107
Milly's
2100 Candelaria Rd NE, Albuquerque, NM 87107
Little Anita's
2000 Menaul Blvd NE, Albuquerque, NM 87107
La Cumbre Brewing Co
3313 Girard Blvd NE, Albuquerque, NM 87107
Mary's & Tito's Cafe
2711 4th St NW, Albuquerque, NM 87107
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