87506 Zip Code Housing
As of 2010-2014, median price of a house in 87506 Zip Code is $364,400, which is much higher than the state average of $159,300 and is much higher than the national average of $175,700. The median year that a house in 87506 Zip Code was built is 1990, 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 4,494 Owner Occupied Houses in 87506 Zip Code, see rank87506 Zip Code | 364,400 USD |
New Mexico | 159,300 USD |
U.S. | 175,700 USD |
87506 Zip Code | -1.43% | |
New Mexico | 47.36% | |
U.S. | 46.91% |
*The 87506 Zip Code median house price growth rate is since 2008-2012. The New Mexico and U.S population growth rate is since 2000.
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
87506 Zip Code | New Mexico | U.S. | |
Total Housing Units | 7,144, see rank, 100% | 907,233 | 132,741,033 |
Occupied Housing Units | 5,673, 79.41%, see rank | 84.29% | 87.55% |
Owner Occupied | 4,494, 62.91%, see rank | 57.46% | 56.34% |
Renter Occupied | 1,179, 16.50%, see rank | 26.83% | 31.21% |
Vacant Housing Units | 1,471, 20.59%, see rank | 15.71% | 12.45% |
For Rent | 44, 0.62%, see rank | 2.38% | 2.34% |
For Sale Only | 160, 2.24%, see rank | 1.36% | 1.20% |
Rented or Sold, Not Occupied | 39, 0.55%, see rank | 0.84% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 872, 12.21%, see rank | 5.69% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.11% | 0.03% |
Other Vacant | 356, 4.98%, see rank | 5.34% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #4387506 Zip Code | New Mexico | U.S. |
1990 | 1981 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
87506 Zip Code | % | New Mexico | U.S. | |
Owner-Occupied Units | 4,494 | 100% | 521,278 | 74,787,460 |
With a Mortgage | 2,413 | 53.69%, see rank | 58.53% | 65.58% |
Without a Mortgage | 2,081 | 46.31%, 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
87506 Zip Code | 2,202 USD |
New Mexico | 1,242 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | 87506 Zip Code | % | New Mexico | U.S. |
$299 or Less | 39 | 1.62%, see rank | 0.22% | 0.20% |
$300 to $499 | 70 | 2.90%, see rank | 2.56% | 1.59% |
$500 to $699 | 69 | 2.86%, see rank | 8.36% | 5.01% |
$700 to $999 | 206 | 8.54%, see rank | 20.68% | 14.32% |
$1,000 to $1,499 | 329 | 13.63%, see rank | 34.20% | 27.90% |
$1,500 to $1,999 | 343 | 14.21%, see rank | 18.89% | 20.35% |
$2,000 to $2,999 | 609 | 25.24%, see rank | 11.36% | 19.52% |
$3,000 or More | 748 | 31.00%, see rank | 3.72% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
87506 Zip Code | 23.90% 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
87506 Zip Code | % | New Mexico | U.S. | |
10% or Less | 262 | 10.86%, see rank | 7.26% | 5.86% |
10% to 20% | 719 | 29.80%, see rank | 32.85% | 31.95% |
20% to 30% | 490 | 20.31%, see rank | 25.70% | 27.64% |
30% to 40% | 339 | 14.05%, see rank | 12.87% | 13.74% |
40% or More | 595 | 24.66%, 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
87506 Zip Code | 418 USD |
New Mexico | 324 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | 87506 Zip Code | % | New Mexico | U.S. |
$199 or Less | 417 | 20.04%, see rank | 19.60% | 7.76% |
$200 to $299 | 369 | 17.73%, see rank | 24.69% | 14.70% |
$300 to $499 | 458 | 22.01%, see rank | 37.15% | 34.63% |
$500 to $699 | 416 | 19.99%, see rank | 12.63% | 21.16% |
$700 or More | 421 | 20.23%, see rank | 5.93% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
87506 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
87506 Zip Code | % | New Mexico | U.S. | |
10% or Less | 1,200 | 57.66%, see rank | 49.80% | 40.19% |
10% to 20% | 446 | 21.43%, see rank | 27.25% | 31.47% |
20% to 30% | 113 | 5.43%, see rank | 9.72% | 12.24% |
30% to 40% | 124 | 5.96%, see rank | 4.52% | 5.64% |
40% or More | 174 | 8.36%, 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
87506 Zip Code | New Mexico | U.S. | |
Total Housing Units | 7,144, 100% | 907,233 | 132,741,033 |
1-unit, Detached | 5,393, 75.49%, see rank | 64.81% | 61.65% |
1-unit, Attached | 193, 2.70%, see rank | 3.71% | 5.82% |
2 Units | 29, 0.41%, see rank | 1.92% | 3.75% |
3 or 4 Units | 129, 1.81%, see rank | 3.65% | 4.43% |
5 to 9 Units | 143, 2.00%, see rank | 2.72% | 4.78% |
10 or More Units | 52, 0.73%, see rank | 6.53% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 1,205, 16.87%, see rank | 16.67% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
87506 Zip Code | New Mexico | U.S. | |
Total Housing Units | 7,144, 100% | 907,233 | 132,741,033 |
1 Room | 119, 1.67%, see rank | 2.62% | 1.95% |
2 Rooms | 172, 2.41%, see rank | 2.34% | 2.48% |
3 Rooms | 445, 6.23%, see rank | 7.65% | 9.13% |
4 Rooms | 957, 13.40%, see rank | 17.57% | 16.60% |
5 Rooms | 1,388, 19.43%, see rank | 24.59% | 20.41% |
6 Rooms | 1,550, 21.70%, see rank | 20.08% | 18.06% |
7 Rooms | 1,297, 18.16%, see rank | 12.20% | 12.27% |
8 Rooms | 539, 7.54%, see rank | 6.66% | 8.48% |
9 Rooms or More | 677, 9.48%, see rank | 6.29% | 10.60% |
Median Rooms | 5.80, see rank | 5.30 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
87506 Zip Code | New Mexico | U.S. | |
Total Housing Units | 7,144, 100% | 907,233 | 132,741,033 |
No Bedroom | 123, 1.72%, see rank | 2.87% | 2.17% |
1 Bedroom | 618, 8.65%, see rank | 9.24% | 11.16% |
2 Bedrooms | 2,053, 28.74%, see rank | 25.66% | 26.69% |
3 Bedrooms | 3,241, 45.37%, see rank | 46.23% | 39.70% |
4 Bedrooms | 933, 13.06%, see rank | 13.82% | 16.05% |
5 or More Bedrooms | 176, 2.46%, see rank | 2.18% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
87506 Zip Code | New Mexico | U.S. | |
Total Housing Units | 5,673, 100% | 764,684 | 116,211,092 |
Utility Gas | 3,746, 66.03%, see rank | 66.93% | 48.85% |
Bottled, Tank, or LP Gas | 845, 14.90%, see rank | 8.60% | 4.86% |
Electricity | 616, 10.86%, see rank | 16.11% | 36.68% |
Fuel Oil, Kerosene, etc. | 19, 0.33%, see rank | 0.13% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.04% | 0.12% |
Wood | 341, 6.01%, see rank | 6.80% | 2.12% |
Solar Energy | 33, 0.58%, see rank | 0.26% | 0.05% |
Other Fuel | 68, 1.20%, see rank | 0.94% | 0.47% |
No Fuel Used | 5, 0.09%, see rank | 0.19% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | 87506 Zip Code | New Mexico | U.S. |
Occupied Units Paying Rent | 1,023, 100% | 224,786 | 39,201,928 |
$199 or Less | 6, 0.59%, see rank | 1.92% | 1.50% |
$200 to $299 | 16, 1.56%, see rank | 3.59% | 3.18% |
$300 to $499 | 118, 11.53%, see rank | 11.64% | 7.37% |
$500 to $699 | 135, 13.20%, see rank | 23.80% | 16.01% |
$700 to $999 | 424, 41.45%, see rank | 31.60% | 29.17% |
$1,000 to $1,499 | 255, 24.93%, see rank | 21.59% | 26.88% |
$1,500 to $1,999 | 24, 2.35%, see rank | 4.42% | 9.79% |
$2,000 or More | 45, 4.40%, see rank | 1.44% | 6.10% |
Median | $864, see rank | $774 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
87506 Zip Code | New Mexico | U.S. | |
Occupied Housing Units | 5,673, 100% | 764,684 | 116,211,092 |
No Vehicles Available | 153, 2.70%, see rank | 5.73% | 9.12% |
1 Vehicles Available | 1,386, 24.43%, see rank | 33.48% | 33.80% |
2 Vehicles Available | 2,468, 43.50%, see rank | 37.82% | 37.48% |
3 or More Vehicles Available | 1,666, 29.37%, see rank | 22.97% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.