Farmington, NM 87401 Landlot Properties For Sale
The median home value in Farmington, NM 87401 is $191,800. This is lower than the county median home value of $202,100. The national median home value is $338,100. The average price of homes sold in Farmington, NM 87401 is $191,800. Approximately 56.40% of Farmington, NM 87401 homes are owned, compared to 32.35% rented, while 11.25% are vacant. Farmington, NM 87401 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Farmington, NM 87401 real estate agent to arrange a tour today!
Learn More About Farmington, NM 87401 Real EstateStatistics & facts
46,830
Population
$191K
Medium Home Value
15,255
# of Households
11.25%
Housing Vacancy
38.03%
Future Job Growth
3.50%
Unemployment Rate
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, AndreaD.Conner@Xome.com, 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, AndreaD.Conner@Xome.com, 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, AndreaD.Conner@Xome.com, 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
© BRIGHT, All Rights Reserved - The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
Population
Farmington, NM 87401 has a population of approximately 46,830 and experiences a population change rate of 17.35%. The population density is 358.6 / sq mi.
Household
The median household income for Farmington, NM 87401 is $49,950, with 15,255 households and an average household size of 3.
Cost of Living
The cost of living index in Farmington, NM 87401 is 93%.
Home Value
The median value of a home in Farmington, NM 87401 is $191,800 with an appreciation rate of 13.4%. 56.4% of housing in the zip code is owned while 32.4% is rented.
Employment
The unemployment rate in Farmington, NM 87401 is 3.50%, and recent job growth is at 2.34%. Future job growth is projected at 38.03%.
Taxes
The sales tax rate in Farmington, NM 87401 is 8.31%, while the income tax rate is 4.90%.
Education
School expenditures in Farmington, NM 87401 are $12,458, and the school ratio is 15.1:1.
Weather
The average high temperature in July is 91.3 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 9.4 inches per year, with 12.7 inches of snow per year.
Education near Farmington NM, 87401
| Metric | City | County |
|---|---|---|
| High School Graduates | 87.65 | 85.85 |
| College Degree - 2 year | 13.89 | 12.5 |
| College Degree - 4 year | 19.79 | 14.92 |
| Graduate Degree | 6.83 | 4.66 |
| Expenditures per Student | $12,458 | $12,458 |
| Students per Teacher | 15.10 | 15.10 |
Elementary Schools near Farmington NM , 87401
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Country Club Elementary School | KG - 05 | 546 | 17.3 | 87401 |
| Esperanza Elementary School | PK - 05 | 610 | 14.7 | 87401 |
| Kirtland Elementary School | KG - 06 | 602 | 14.9 | 87417 |
| Kirtland Pre-K Early | PK - PK | 126 | 25.2 | 87417 |
| Ladera Del Norte Elementary School | KG - 05 | 598 | 15.9 | 87401 |
| McKinley Elementary School | KG - 05 | 614 | 15.4 | 87401 |
| Mesa Verde Elementary School | KG - 05 | 582 | 16.6 | 87401 |
| Northeast Elementary School | KG - 05 | 556 | 15 | 87401 |
| Ruth N Bond Elementary | KG - 03 | 364 | 15.5 | 87417 |
Middle Schools near Farmington NM , 87401
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Grace B. Wilson Elementary | 04 - 06 | 230 | 14.7 | 87417 |
| Heights Middle School | 06 - 08 | 695 | 16.4 | 87401 |
| Hermosa Middle School | 06 - 08 | 563 | 14.6 | 87401 |
| Kirtland Middle School | 07 - 08 | 474 | 15.3 | 87417 |
| Mesa View Middle School | 06 - 08 | 612 | 15.3 | 87401 |
| Tibbetts Middle School | 06 - 08 | 578 | 12.9 | 87401 |
High Schools near Farmington NM , 87401
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Central High School | 09 - 12 | 815 | 18.1 | 87417 |
| Farmington High School | 09 - 12 | 1424 | 17.3 | 87401 |
| Piedra Vista High School | 09 - 12 | 1407 | 17.2 | 87402 |
Ungraded Schools near Farmington NM , 87401
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| * Rocinante High School | 09 - 12 | 176 | 16.2 | 87401 |
| New Mexico Virtual Academy | 06 - 12 | 529 | 43.1 | 87409 |
