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87020 Zip Code Housing

 
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As of 2010-2014, median price of a house in 87020 Zip Code is $99,900, which is lower than the state average of $159,300 and is much lower than the national average of $175,700. The 87020 Zip Code median house value has grown by 52.05% since 2000. The growth rate for the price of a house in 87020 Zip Code is higher than the state average rate of 47.36% and is higher than the national average rate of 46.91%. The median year that a house in 87020 Zip Code was built is 1974, which is older than the median year for a house built in the state which is 1981 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 2,446 Owner Occupied Houses in 87020 Zip Code, see rank
87020 Zip Code
99,900 USD
New Mexico
159,300 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, see rank
87020 Zip Code
52.05%
New Mexico
47.36%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 87020 Zip CodeNew MexicoU.S.
Total Housing Units4,449, see rank, 100%907,233132,741,033
Occupied Housing Units3,778, 84.92%, see rank84.29%87.55%
Owner Occupied2,446, 54.98%, see rank57.46%56.34%
Renter Occupied1,332, 29.94%, see rank26.83%31.21%
Vacant Housing Units671, 15.08%, see rank15.71%12.45%
For Rent81, 1.82%, see rank2.38%2.34%
For Sale Only75, 1.69%, see rank1.36%1.20%
Rented or Sold, Not Occupied148, 3.33%, see rank0.84%0.92%
For Seasonal, Recreational, or Occasional Use76, 1.71%, see rank5.69%3.97%
For Migrant Workers23, 0.52%, see rank0.11%0.03%
Other Vacant268, 6.02%, see rank5.34%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #224
87020 Zip CodeNew MexicoU.S.
197419811976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 87020 Zip Code%New MexicoU.S.
Owner-Occupied Units2,446100%521,27874,787,460
With a Mortgage1,13846.52%, see rank58.53%65.58%
Without a Mortgage1,30853.48%, see rank41.47%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
87020 Zip Code
1,021 USD
New Mexico
1,242 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner Costs87020 Zip Code%New MexicoU.S.
$299 or Less00.00%, see rank0.22%0.20%
$300 to $499575.01%, see rank2.56%1.59%
$500 to $69911410.02%, see rank8.36%5.01%
$700 to $99937733.13%, see rank20.68%14.32%
$1,000 to $1,49937633.04%, see rank34.20%27.90%
$1,500 to $1,99915713.80%, see rank18.89%20.35%
$2,000 to $2,999575.01%, see rank11.36%19.52%
$3,000 or More00.00%, see rank3.72%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
87020 Zip Code
20.00% 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
 87020 Zip Code%New MexicoU.S.
10% or Less817.12%, see rank7.26%5.86%
10% to 20%48942.97%, see rank32.85%31.95%
20% to 30%26223.02%, see rank25.70%27.64%
30% to 40%1059.23%, see rank12.87%13.74%
40% or More20117.66%, see rank20.48%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
87020 Zip Code
316 USD
New Mexico
324 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner Costs87020 Zip Code%New MexicoU.S.
$199 or Less20415.60%, see rank19.60%7.76%
$200 to $29940430.89%, see rank24.69%14.70%
$300 to $49957944.27%, see rank37.15%34.63%
$500 to $699866.57%, see rank12.63%21.16%
$700 or More352.68%, see rank5.93%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
87020 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
 87020 Zip Code%New MexicoU.S.
10% or Less64449.24%, see rank49.80%40.19%
10% to 20%45935.09%, see rank27.25%31.47%
20% to 30%624.74%, see rank9.72%12.24%
30% to 40%584.43%, see rank4.52%5.64%
40% or More685.20%, see rank6.81%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 87020 Zip CodeNew MexicoU.S.
Total Housing Units4,449, 100%907,233132,741,033
1-unit, Detached2,768, 62.22%, see rank64.81%61.65%
1-unit, Attached176, 3.96%, see rank3.71%5.82%
2 Units78, 1.75%, see rank1.92%3.75%
3 or 4 Units248, 5.57%, see rank3.65%4.43%
5 to 9 Units129, 2.90%, see rank2.72%4.78%
10 or More Units204, 4.59%, see rank6.53%13.08%
Mobile Home, Boat, RV, Van, etc.846, 19.02%, see rank16.67%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 87020 Zip CodeNew MexicoU.S.
Total Housing Units4,449, 100%907,233132,741,033
1 Room80, 1.80%, see rank2.62%1.95%
2 Rooms65, 1.46%, see rank2.34%2.48%
3 Rooms204, 4.59%, see rank7.65%9.13%
4 Rooms921, 20.70%, see rank17.57%16.60%
5 Rooms1,320, 29.67%, see rank24.59%20.41%
6 Rooms742, 16.68%, see rank20.08%18.06%
7 Rooms379, 8.52%, see rank12.20%12.27%
8 Rooms394, 8.86%, see rank6.66%8.48%
9 Rooms or More344, 7.73%, see rank6.29%10.60%
Median Rooms5.20, see rank5.305.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 87020 Zip CodeNew MexicoU.S.
Total Housing Units4,449, 100%907,233132,741,033
No Bedroom93, 2.09%, see rank2.87%2.17%
1 Bedroom300, 6.74%, see rank9.24%11.16%
2 Bedrooms1,228, 27.60%, see rank25.66%26.69%
3 Bedrooms2,245, 50.46%, see rank46.23%39.70%
4 Bedrooms546, 12.27%, see rank13.82%16.05%
5 or More Bedrooms37, 0.83%, see rank2.18%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 87020 Zip CodeNew MexicoU.S.
Total Housing Units3,778, 100%764,684116,211,092
Utility Gas2,495, 66.04%, see rank66.93%48.85%
Bottled, Tank, or LP Gas325, 8.60%, see rank8.60%4.86%
Electricity452, 11.96%, see rank16.11%36.68%
Fuel Oil, Kerosene, etc.13, 0.34%, see rank0.13%5.86%
Coal or Coke0, 0.00%, see rank0.04%0.12%
Wood405, 10.72%, see rank6.80%2.12%
Solar Energy0, 0.00%, see rank0.26%0.05%
Other Fuel40, 1.06%, see rank0.94%0.47%
No Fuel Used48, 1.27%, see rank0.19%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental87020 Zip CodeNew MexicoU.S.
Occupied Units Paying Rent1,266, 100%224,78639,201,928
$199 or Less166, 13.11%, see rank1.92%1.50%
$200 to $29976, 6.00%, see rank3.59%3.18%
$300 to $499215, 16.98%, see rank11.64%7.37%
$500 to $699275, 21.72%, see rank23.80%16.01%
$700 to $999354, 27.96%, see rank31.60%29.17%
$1,000 to $1,499162, 12.80%, see rank21.59%26.88%
$1,500 to $1,9998, 0.63%, see rank4.42%9.79%
$2,000 or More10, 0.79%, see rank1.44%6.10%
Median$628, see rank$774$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 87020 Zip CodeNew MexicoU.S.
Occupied Housing Units3,778, 100%764,684116,211,092
No Vehicles Available250, 6.62%, see rank5.73%9.12%
1 Vehicles Available1,316, 34.83%, see rank33.48%33.80%
2 Vehicles Available1,174, 31.07%, see rank37.82%37.48%
3 or More Vehicles Available1,038, 27.47%, see rank22.97%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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