87507 Zip Code Housing
As of 2010-2014, median price of a house in 87507 Zip Code is $202,900, which is higher than the state average of $159,300 and is higher than the national average of $175,700. The median year that a house in 87507 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 11,464 Owner Occupied Houses in 87507 Zip Code, see rank87507 Zip Code | 202,900 USD |
New Mexico | 159,300 USD |
U.S. | 175,700 USD |
87507 Zip Code | -6.58% | |
New Mexico | 47.36% | |
U.S. | 46.91% |
*The 87507 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
87507 Zip Code | New Mexico | U.S. | |
Total Housing Units | 18,536, see rank, 100% | 907,233 | 132,741,033 |
Occupied Housing Units | 17,168, 92.62%, see rank | 84.29% | 87.55% |
Owner Occupied | 11,464, 61.85%, see rank | 57.46% | 56.34% |
Renter Occupied | 5,704, 30.77%, see rank | 26.83% | 31.21% |
Vacant Housing Units | 1,368, 7.38%, see rank | 15.71% | 12.45% |
For Rent | 260, 1.40%, see rank | 2.38% | 2.34% |
For Sale Only | 327, 1.76%, see rank | 1.36% | 1.20% |
Rented or Sold, Not Occupied | 41, 0.22%, see rank | 0.84% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 499, 2.69%, see rank | 5.69% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.11% | 0.03% |
Other Vacant | 241, 1.30%, see rank | 5.34% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #2287507 Zip Code | New Mexico | U.S. |
1993 | 1981 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
87507 Zip Code | % | New Mexico | U.S. | |
Owner-Occupied Units | 11,464 | 100% | 521,278 | 74,787,460 |
With a Mortgage | 7,668 | 66.89%, see rank | 58.53% | 65.58% |
Without a Mortgage | 3,796 | 33.11%, 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
87507 Zip Code | 1,408 USD |
New Mexico | 1,242 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | 87507 Zip Code | % | New Mexico | U.S. |
$299 or Less | 22 | 0.29%, see rank | 0.22% | 0.20% |
$300 to $499 | 57 | 0.74%, see rank | 2.56% | 1.59% |
$500 to $699 | 470 | 6.13%, see rank | 8.36% | 5.01% |
$700 to $999 | 989 | 12.90%, see rank | 20.68% | 14.32% |
$1,000 to $1,499 | 2,835 | 36.97%, see rank | 34.20% | 27.90% |
$1,500 to $1,999 | 1,774 | 23.14%, see rank | 18.89% | 20.35% |
$2,000 to $2,999 | 1,299 | 16.94%, see rank | 11.36% | 19.52% |
$3,000 or More | 222 | 2.90%, see rank | 3.72% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
87507 Zip Code | 27.50% 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
87507 Zip Code | % | New Mexico | U.S. | |
10% or Less | 396 | 5.16%, see rank | 7.26% | 5.86% |
10% to 20% | 1,970 | 25.69%, see rank | 32.85% | 31.95% |
20% to 30% | 1,960 | 25.56%, see rank | 25.70% | 27.64% |
30% to 40% | 1,044 | 13.62%, see rank | 12.87% | 13.74% |
40% or More | 2,195 | 28.63%, 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
87507 Zip Code | 352 USD |
New Mexico | 324 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | 87507 Zip Code | % | New Mexico | U.S. |
$199 or Less | 571 | 15.04%, see rank | 19.60% | 7.76% |
$200 to $299 | 840 | 22.13%, see rank | 24.69% | 14.70% |
$300 to $499 | 1,241 | 32.69%, see rank | 37.15% | 34.63% |
$500 to $699 | 469 | 12.36%, see rank | 12.63% | 21.16% |
$700 or More | 675 | 17.78%, see rank | 5.93% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
87507 Zip Code | 12.60% 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
87507 Zip Code | % | New Mexico | U.S. | |
10% or Less | 1,630 | 42.94%, see rank | 49.80% | 40.19% |
10% to 20% | 957 | 25.21%, see rank | 27.25% | 31.47% |
20% to 30% | 505 | 13.30%, see rank | 9.72% | 12.24% |
30% to 40% | 219 | 5.77%, see rank | 4.52% | 5.64% |
40% or More | 446 | 11.75%, 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
87507 Zip Code | New Mexico | U.S. | |
Total Housing Units | 18,536, 100% | 907,233 | 132,741,033 |
1-unit, Detached | 9,606, 51.82%, see rank | 64.81% | 61.65% |
1-unit, Attached | 1,334, 7.20%, see rank | 3.71% | 5.82% |
2 Units | 213, 1.15%, see rank | 1.92% | 3.75% |
3 or 4 Units | 674, 3.64%, see rank | 3.65% | 4.43% |
5 to 9 Units | 689, 3.72%, see rank | 2.72% | 4.78% |
10 or More Units | 1,554, 8.38%, see rank | 6.53% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 4,466, 24.09%, see rank | 16.67% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
87507 Zip Code | New Mexico | U.S. | |
Total Housing Units | 18,536, 100% | 907,233 | 132,741,033 |
1 Room | 486, 2.62%, see rank | 2.62% | 1.95% |
2 Rooms | 582, 3.14%, see rank | 2.34% | 2.48% |
3 Rooms | 1,586, 8.56%, see rank | 7.65% | 9.13% |
4 Rooms | 3,425, 18.48%, see rank | 17.57% | 16.60% |
5 Rooms | 5,084, 27.43%, see rank | 24.59% | 20.41% |
6 Rooms | 3,668, 19.79%, see rank | 20.08% | 18.06% |
7 Rooms | 2,030, 10.95%, see rank | 12.20% | 12.27% |
8 Rooms | 940, 5.07%, see rank | 6.66% | 8.48% |
9 Rooms or More | 735, 3.97%, see rank | 6.29% | 10.60% |
Median Rooms | 5.10, see rank | 5.30 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
87507 Zip Code | New Mexico | U.S. | |
Total Housing Units | 18,536, 100% | 907,233 | 132,741,033 |
No Bedroom | 545, 2.94%, see rank | 2.87% | 2.17% |
1 Bedroom | 1,455, 7.85%, see rank | 9.24% | 11.16% |
2 Bedrooms | 4,664, 25.16%, see rank | 25.66% | 26.69% |
3 Bedrooms | 9,265, 49.98%, see rank | 46.23% | 39.70% |
4 Bedrooms | 2,166, 11.69%, see rank | 13.82% | 16.05% |
5 or More Bedrooms | 441, 2.38%, see rank | 2.18% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
87507 Zip Code | New Mexico | U.S. | |
Total Housing Units | 17,168, 100% | 764,684 | 116,211,092 |
Utility Gas | 13,320, 77.59%, see rank | 66.93% | 48.85% |
Bottled, Tank, or LP Gas | 720, 4.19%, see rank | 8.60% | 4.86% |
Electricity | 2,443, 14.23%, see rank | 16.11% | 36.68% |
Fuel Oil, Kerosene, etc. | 45, 0.26%, see rank | 0.13% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.04% | 0.12% |
Wood | 487, 2.84%, see rank | 6.80% | 2.12% |
Solar Energy | 40, 0.23%, see rank | 0.26% | 0.05% |
Other Fuel | 92, 0.54%, see rank | 0.94% | 0.47% |
No Fuel Used | 21, 0.12%, see rank | 0.19% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | 87507 Zip Code | New Mexico | U.S. |
Occupied Units Paying Rent | 5,418, 100% | 224,786 | 39,201,928 |
$199 or Less | 27, 0.50%, see rank | 1.92% | 1.50% |
$200 to $299 | 138, 2.55%, see rank | 3.59% | 3.18% |
$300 to $499 | 233, 4.30%, see rank | 11.64% | 7.37% |
$500 to $699 | 830, 15.32%, see rank | 23.80% | 16.01% |
$700 to $999 | 2,217, 40.92%, see rank | 31.60% | 29.17% |
$1,000 to $1,499 | 1,455, 26.85%, see rank | 21.59% | 26.88% |
$1,500 to $1,999 | 479, 8.84%, see rank | 4.42% | 9.79% |
$2,000 or More | 39, 0.72%, see rank | 1.44% | 6.10% |
Median | $891, see rank | $774 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
87507 Zip Code | New Mexico | U.S. | |
Occupied Housing Units | 17,168, 100% | 764,684 | 116,211,092 |
No Vehicles Available | 763, 4.44%, see rank | 5.73% | 9.12% |
1 Vehicles Available | 6,077, 35.40%, see rank | 33.48% | 33.80% |
2 Vehicles Available | 6,224, 36.25%, see rank | 37.82% | 37.48% |
3 or More Vehicles Available | 4,104, 23.90%, see rank | 22.97% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.