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AREA INFORMATION

87701 (Las Vegas, NM)

Explore the real estate in 87701 (Las Vegas, NM)

Area Highlights

87701 (Las Vegas, NM) residents have a median age of 44.6 years old, with employment highest in the personal care and food industries.

18,706 Population

7,950 Households

$38,207 /yr
Median Household Income

14m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

44.6 Median Age

Average Household Size

2.2
persons per
household

27.4%

Married Households

Community Population By Education

Some College 26%
High School Graduate 24%
Some High School 15%
Bachelors Degree 14%
Graduate Degree 12%
Associates Degree 10%
Of the total people surveyed, the most prevalent educational attainment level is Some College, representing 25.78% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
26% of households have children

Economics

$38,207 /yr
Median Household Income
$0
Median Sales Price
14 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 27.01% of the households.

Transportation to Work

  • Drive 83%
  • Work from Home 12%
  • Walk or Bike 6%
  • Public Transit 0%

Occupancy by Type

Owned 4,990 52%
Rented 2,960 31%
Vacant 1,662 17%

White vs Blue Collar Jobs







White Collar 75%
Blue Collar 25%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 44.6 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Hispanic 78%
White 43%
Other 20%
Native American 2%
Black 2%
Asian <1%
The most prevalent ethnicity is Hispanic at 78%, followed by White at 43%, Other at 20%, and Native American at 2%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

85° July
Hottest Average Month
18° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
18°
46°
Feb
21°
51°
Mar
26°
56°
Apr
33°
65°
May
42°
73°
Jun
50°
83°
Jul
55°
85°
Aug
54°
83°
Sep
47°
77°
Oct
37°
68°
Nov
26°
55°
Dec
20°
47°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$275,000
For sale
3 beds • 2 baths • 1,824 sqft

2807 8th St
Las Vegas, NM 87701

$354,400
For sale
227.25 acres

140 Apache Mesa
Las Vegas, NM 87701

$125,000
For sale
20 acres

Cr B27 Tracts C3 & C4 Roads
Los Montoyas, NM 87701

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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