USA.com / New Mexico / Grants, NM / 87020 / Housing

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 Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle 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 Code	New Mexico	U.S.
Total Housing Units	4,449, see rank, 100%	907,233	132,741,033
Occupied Housing Units	3,778, 84.92%, see rank	84.29%	87.55%
Owner Occupied	2,446, 54.98%, see rank	57.46%	56.34%
Renter Occupied	1,332, 29.94%, see rank	26.83%	31.21%
Vacant Housing Units	671, 15.08%, see rank	15.71%	12.45%
For Rent	81, 1.82%, see rank	2.38%	2.34%
For Sale Only	75, 1.69%, see rank	1.36%	1.20%
Rented or Sold, Not Occupied	148, 3.33%, see rank	0.84%	0.92%
For Seasonal, Recreational, or Occasional Use	76, 1.71%, see rank	5.69%	3.97%
For Migrant Workers	23, 0.52%, see rank	0.11%	0.03%
Other Vacant	268, 6.02%, see rank	5.34%	4.00%

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

Year Structure Built

Median Built Year, #224

87020 Zip Code	New Mexico	U.S.
1974	1981	1976

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 Mexico	U.S.
Owner-Occupied Units	2,446	100%	521,278	74,787,460
With a Mortgage	1,138	46.52%, see rank	58.53%	65.58%
Without a Mortgage	1,308	53.48%, 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

87020 Zip Code	1,021 USD
New Mexico	1,242 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	87020 Zip Code	%	New Mexico	U.S.
$299 or Less	0	0.00%, see rank	0.22%	0.20%
$300 to $499	57	5.01%, see rank	2.56%	1.59%
$500 to $699	114	10.02%, see rank	8.36%	5.01%
$700 to $999	377	33.13%, see rank	20.68%	14.32%
$1,000 to $1,499	376	33.04%, see rank	34.20%	27.90%
$1,500 to $1,999	157	13.80%, see rank	18.89%	20.35%
$2,000 to $2,999	57	5.01%, see rank	11.36%	19.52%
$3,000 or More	0	0.00%, see rank	3.72%	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 Mexico	U.S.
10% or Less	81	7.12%, see rank	7.26%	5.86%
10% to 20%	489	42.97%, see rank	32.85%	31.95%
20% to 30%	262	23.02%, see rank	25.70%	27.64%
30% to 40%	105	9.23%, see rank	12.87%	13.74%
40% or More	201	17.66%, 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

87020 Zip Code	316 USD
New Mexico	324 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	87020 Zip Code	%	New Mexico	U.S.
$199 or Less	204	15.60%, see rank	19.60%	7.76%
$200 to $299	404	30.89%, see rank	24.69%	14.70%
$300 to $499	579	44.27%, see rank	37.15%	34.63%
$500 to $699	86	6.57%, see rank	12.63%	21.16%
$700 or More	35	2.68%, see rank	5.93%	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 Mexico	U.S.
10% or Less	644	49.24%, see rank	49.80%	40.19%
10% to 20%	459	35.09%, see rank	27.25%	31.47%
20% to 30%	62	4.74%, see rank	9.72%	12.24%
30% to 40%	58	4.43%, see rank	4.52%	5.64%
40% or More	68	5.20%, 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

	87020 Zip Code	New Mexico	U.S.
Total Housing Units	4,449, 100%	907,233	132,741,033
1-unit, Detached	2,768, 62.22%, see rank	64.81%	61.65%
1-unit, Attached	176, 3.96%, see rank	3.71%	5.82%
2 Units	78, 1.75%, see rank	1.92%	3.75%
3 or 4 Units	248, 5.57%, see rank	3.65%	4.43%
5 to 9 Units	129, 2.90%, see rank	2.72%	4.78%
10 or More Units	204, 4.59%, see rank	6.53%	13.08%
Mobile Home, Boat, RV, Van, etc.	846, 19.02%, see rank	16.67%	6.49%

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

Rooms

	87020 Zip Code	New Mexico	U.S.
Total Housing Units	4,449, 100%	907,233	132,741,033
1 Room	80, 1.80%, see rank	2.62%	1.95%
2 Rooms	65, 1.46%, see rank	2.34%	2.48%
3 Rooms	204, 4.59%, see rank	7.65%	9.13%
4 Rooms	921, 20.70%, see rank	17.57%	16.60%
5 Rooms	1,320, 29.67%, see rank	24.59%	20.41%
6 Rooms	742, 16.68%, see rank	20.08%	18.06%
7 Rooms	379, 8.52%, see rank	12.20%	12.27%
8 Rooms	394, 8.86%, see rank	6.66%	8.48%
9 Rooms or More	344, 7.73%, see rank	6.29%	10.60%
Median Rooms	5.20, see rank	5.30	5.50

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

Bedrooms

	87020 Zip Code	New Mexico	U.S.
Total Housing Units	4,449, 100%	907,233	132,741,033
No Bedroom	93, 2.09%, see rank	2.87%	2.17%
1 Bedroom	300, 6.74%, see rank	9.24%	11.16%
2 Bedrooms	1,228, 27.60%, see rank	25.66%	26.69%
3 Bedrooms	2,245, 50.46%, see rank	46.23%	39.70%
4 Bedrooms	546, 12.27%, see rank	13.82%	16.05%
5 or More Bedrooms	37, 0.83%, see rank	2.18%	4.22%

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

House Heating Fuel

	87020 Zip Code	New Mexico	U.S.
Total Housing Units	3,778, 100%	764,684	116,211,092
Utility Gas	2,495, 66.04%, see rank	66.93%	48.85%
Bottled, Tank, or LP Gas	325, 8.60%, see rank	8.60%	4.86%
Electricity	452, 11.96%, see rank	16.11%	36.68%
Fuel Oil, Kerosene, etc.	13, 0.34%, see rank	0.13%	5.86%
Coal or Coke	0, 0.00%, see rank	0.04%	0.12%
Wood	405, 10.72%, see rank	6.80%	2.12%
Solar Energy	0, 0.00%, see rank	0.26%	0.05%
Other Fuel	40, 1.06%, see rank	0.94%	0.47%
No Fuel Used	48, 1.27%, see rank	0.19%	1.00%

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

Gross Rent

Monthly Rental	87020 Zip Code	New Mexico	U.S.
Occupied Units Paying Rent	1,266, 100%	224,786	39,201,928
$199 or Less	166, 13.11%, see rank	1.92%	1.50%
$200 to $299	76, 6.00%, see rank	3.59%	3.18%
$300 to $499	215, 16.98%, see rank	11.64%	7.37%
$500 to $699	275, 21.72%, see rank	23.80%	16.01%
$700 to $999	354, 27.96%, see rank	31.60%	29.17%
$1,000 to $1,499	162, 12.80%, see rank	21.59%	26.88%
$1,500 to $1,999	8, 0.63%, see rank	4.42%	9.79%
$2,000 or More	10, 0.79%, see rank	1.44%	6.10%
Median	$628, see rank	$774	$920

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

Vehicle Available

	87020 Zip Code	New Mexico	U.S.
Occupied Housing Units	3,778, 100%	764,684	116,211,092
No Vehicles Available	250, 6.62%, see rank	5.73%	9.12%
1 Vehicles Available	1,316, 34.83%, see rank	33.48%	33.80%
2 Vehicles Available	1,174, 31.07%, see rank	37.82%	37.48%
3 or More Vehicles Available	1,038, 27.47%, see rank	22.97%	19.61%

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