87120 Zip Code Housing
As of 2010-2014, median price of a house in 87120 Zip Code is $189,600, which is higher than the state average of $159,300 and is higher than the national average of $175,700. The 87120 Zip Code median house value has grown by 43.42% since 2000. The growth rate for the price of a house in 87120 Zip Code is lower than the state average rate of 47.36% and is lower than the national average rate of 46.91%. The median year that a house in 87120 Zip Code was built is 1993, which is newer than the median year for a house built in the state which is 1981 and is newer than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 16,618 Owner Occupied Houses in 87120 Zip Code, see rank87120 Zip Code | 189,600 USD |
New Mexico | 159,300 USD |
U.S. | 175,700 USD |
87120 Zip Code | 43.42% |
New Mexico | 47.36% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
87120 Zip Code | New Mexico | U.S. | |
Total Housing Units | 23,671, see rank, 100% | 907,233 | 132,741,033 |
Occupied Housing Units | 22,577, 95.38%, see rank | 84.29% | 87.55% |
Owner Occupied | 16,618, 70.20%, see rank | 57.46% | 56.34% |
Renter Occupied | 5,959, 25.17%, see rank | 26.83% | 31.21% |
Vacant Housing Units | 1,094, 4.62%, see rank | 15.71% | 12.45% |
For Rent | 453, 1.91%, see rank | 2.38% | 2.34% |
For Sale Only | 116, 0.49%, see rank | 1.36% | 1.20% |
Rented or Sold, Not Occupied | 132, 0.56%, see rank | 0.84% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 164, 0.69%, see rank | 5.69% | 3.97% |
For Migrant Workers | 13, 0.05%, see rank | 0.11% | 0.03% |
Other Vacant | 216, 0.91%, see rank | 5.34% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #2287120 Zip Code | New Mexico | U.S. |
1993 | 1981 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
87120 Zip Code | % | New Mexico | U.S. | |
Owner-Occupied Units | 16,618 | 100% | 521,278 | 74,787,460 |
With a Mortgage | 13,203 | 79.45%, see rank | 58.53% | 65.58% |
Without a Mortgage | 3,415 | 20.55%, see rank | 41.47% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
87120 Zip Code | 1,420 USD |
New Mexico | 1,242 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | 87120 Zip Code | % | New Mexico | U.S. |
$299 or Less | 13 | 0.10%, see rank | 0.22% | 0.20% |
$300 to $499 | 93 | 0.70%, see rank | 2.56% | 1.59% |
$500 to $699 | 352 | 2.67%, see rank | 8.36% | 5.01% |
$700 to $999 | 1,540 | 11.66%, see rank | 20.68% | 14.32% |
$1,000 to $1,499 | 5,549 | 42.03%, see rank | 34.20% | 27.90% |
$1,500 to $1,999 | 3,564 | 26.99%, see rank | 18.89% | 20.35% |
$2,000 to $2,999 | 1,772 | 13.42%, see rank | 11.36% | 19.52% |
$3,000 or More | 320 | 2.42%, see rank | 3.72% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
87120 Zip Code | 22.80% of the Total Income |
New Mexico | 23.20% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
87120 Zip Code | % | New Mexico | U.S. | |
10% or Less | 699 | 5.29%, see rank | 7.26% | 5.86% |
10% to 20% | 4,516 | 34.20%, see rank | 32.85% | 31.95% |
20% to 30% | 3,915 | 29.65%, see rank | 25.70% | 27.64% |
30% to 40% | 1,866 | 14.13%, see rank | 12.87% | 13.74% |
40% or More | 2,158 | 16.34%, see rank | 20.48% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
87120 Zip Code | 398 USD |
New Mexico | 324 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | 87120 Zip Code | % | New Mexico | U.S. |
$199 or Less | 67 | 1.96%, see rank | 19.60% | 7.76% |
$200 to $299 | 630 | 18.45%, see rank | 24.69% | 14.70% |
$300 to $499 | 2,001 | 58.59%, see rank | 37.15% | 34.63% |
$500 to $699 | 551 | 16.13%, see rank | 12.63% | 21.16% |
$700 or More | 166 | 4.86%, see rank | 5.93% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
87120 Zip Code | 10.00% of the Total Income |
New Mexico | 10.00% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
87120 Zip Code | % | New Mexico | U.S. | |
10% or Less | 1,900 | 55.64%, see rank | 49.80% | 40.19% |
10% to 20% | 1,038 | 30.40%, see rank | 27.25% | 31.47% |
20% to 30% | 155 | 4.54%, see rank | 9.72% | 12.24% |
30% to 40% | 43 | 1.26%, see rank | 4.52% | 5.64% |
40% or More | 231 | 6.76%, see rank | 6.81% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
87120 Zip Code | New Mexico | U.S. | |
Total Housing Units | 23,671, 100% | 907,233 | 132,741,033 |
1-unit, Detached | 18,156, 76.70%, see rank | 64.81% | 61.65% |
1-unit, Attached | 2,094, 8.85%, see rank | 3.71% | 5.82% |
2 Units | 119, 0.50%, see rank | 1.92% | 3.75% |
3 or 4 Units | 623, 2.63%, see rank | 3.65% | 4.43% |
5 to 9 Units | 811, 3.43%, see rank | 2.72% | 4.78% |
10 or More Units | 1,783, 7.53%, see rank | 6.53% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 85, 0.36%, see rank | 16.67% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
87120 Zip Code | New Mexico | U.S. | |
Total Housing Units | 23,671, 100% | 907,233 | 132,741,033 |
1 Room | 122, 0.52%, see rank | 2.62% | 1.95% |
2 Rooms | 113, 0.48%, see rank | 2.34% | 2.48% |
3 Rooms | 1,230, 5.20%, see rank | 7.65% | 9.13% |
4 Rooms | 2,755, 11.64%, see rank | 17.57% | 16.60% |
5 Rooms | 5,761, 24.34%, see rank | 24.59% | 20.41% |
6 Rooms | 5,231, 22.10%, see rank | 20.08% | 18.06% |
7 Rooms | 4,440, 18.76%, see rank | 12.20% | 12.27% |
8 Rooms | 2,060, 8.70%, see rank | 6.66% | 8.48% |
9 Rooms or More | 1,959, 8.28%, see rank | 6.29% | 10.60% |
Median Rooms | 5.90, see rank | 5.30 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
87120 Zip Code | New Mexico | U.S. | |
Total Housing Units | 23,671, 100% | 907,233 | 132,741,033 |
No Bedroom | 135, 0.57%, see rank | 2.87% | 2.17% |
1 Bedroom | 1,135, 4.79%, see rank | 9.24% | 11.16% |
2 Bedrooms | 3,778, 15.96%, see rank | 25.66% | 26.69% |
3 Bedrooms | 13,118, 55.42%, see rank | 46.23% | 39.70% |
4 Bedrooms | 4,905, 20.72%, see rank | 13.82% | 16.05% |
5 or More Bedrooms | 600, 2.53%, see rank | 2.18% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
87120 Zip Code | New Mexico | U.S. | |
Total Housing Units | 22,577, 100% | 764,684 | 116,211,092 |
Utility Gas | 19,760, 87.52%, see rank | 66.93% | 48.85% |
Bottled, Tank, or LP Gas | 178, 0.79%, see rank | 8.60% | 4.86% |
Electricity | 2,364, 10.47%, see rank | 16.11% | 36.68% |
Fuel Oil, Kerosene, etc. | 34, 0.15%, see rank | 0.13% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.04% | 0.12% |
Wood | 197, 0.87%, see rank | 6.80% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.26% | 0.05% |
Other Fuel | 44, 0.19%, see rank | 0.94% | 0.47% |
No Fuel Used | 0, 0.00%, see rank | 0.19% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | 87120 Zip Code | New Mexico | U.S. |
Occupied Units Paying Rent | 5,856, 100% | 224,786 | 39,201,928 |
$199 or Less | 0, 0.00%, see rank | 1.92% | 1.50% |
$200 to $299 | 55, 0.94%, see rank | 3.59% | 3.18% |
$300 to $499 | 179, 3.06%, see rank | 11.64% | 7.37% |
$500 to $699 | 313, 5.34%, see rank | 23.80% | 16.01% |
$700 to $999 | 2,428, 41.46%, see rank | 31.60% | 29.17% |
$1,000 to $1,499 | 2,345, 40.04%, see rank | 21.59% | 26.88% |
$1,500 to $1,999 | 492, 8.40%, see rank | 4.42% | 9.79% |
$2,000 or More | 44, 0.75%, see rank | 1.44% | 6.10% |
Median | $994, see rank | $774 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
87120 Zip Code | New Mexico | U.S. | |
Occupied Housing Units | 22,577, 100% | 764,684 | 116,211,092 |
No Vehicles Available | 427, 1.89%, see rank | 5.73% | 9.12% |
1 Vehicles Available | 7,185, 31.82%, see rank | 33.48% | 33.80% |
2 Vehicles Available | 9,497, 42.06%, see rank | 37.82% | 37.48% |
3 or More Vehicles Available | 5,468, 24.22%, see rank | 22.97% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.