Home | Ask Your Question | Mortgage Glossary
Find me a lender for:  
Portales New Mexico Real Estate By Jennifer Hershey

Portales New Mexico Real Estate

Portales, New Mexico, is located in Roosevelt County, 81 miles W of Lubbock, Texas and 235 miles NE of El Paso, Texas. Portales has a population of 11,131.

Portales Homes

Portales properties pool is 4,145 residential properties including Portales new homes. Median age of real estate in Portales is 1965. Average Household size is 3.09 people. 7% are one bedroom homes, 25% are 2 bedroom homes, 59% are 3 bedroom homes, 7% are 4 bedroom homes, and 1% are 5+ bedroom homes.

Portales Mortgage Statistics

Portales mortgages vs. USA median statistics

Homes Portales USA
Homes With No Mortgage 43%
30%
Homes With Mortgage 57%
70%
First Mortgage Only 54%
54%
First & Second Mortgage or HELOC 3%
16%

Portales Area Real Estate Tax

Portales Real estate Tax: Median Real Estate Taxes (2000) were $260 comparing to 1999 Median Family income $ 30,462. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Portales School District: Children make up 26.3% of Portales population. Portales has 2,931 under 18 years old residents, or 0.66 kids per one worker, or 0.71 kids per one household.

Portales Real Estate & Portales Homeownership

There are 1202.05 or 29% one person households, 1367.85 or 33% two person households, and 663.2 or 16% three person households in Portales, New Mexico. Median residents age is 27.3, Senior citizens (65+) make up 1,361 or 12.2%% of Portales population.

There are 4,454 workers (over 16 years of age) in Portales. Of these, 91.11% drive to work. Approximately 0.2% of workers in Portales take public transportation. An estimated 4.49% walk to work.

Median Portales homeowner's housing expences are 15.7%

Crime in Portales (2003), crimes per 10,000 residents per year

Type of Crime Portales USA, 2003
Violent Crimes
33.24
47.5
Robberies
4.49
14.2
Aggravated Assaults
27.85
29.5
Property Crimes
491.42
358.8
Burglaries
98.82
74.0
Larceny-Thefts
376.43
241.5
Motor Vehicle Thefts
16.17
43.3

Invest in Portales Properties

When making a decision about buying real estate in Portales New Mexico area, you should consider following statistical data:

Category Portales USA
Near Medium City
Lubbock, Texas
-
Near Large City
El Paso, Texas
-
Portales Zip Codes
88123, 88130
-
Portales Area Codes
505
-
White population
68.8%
75.1%
African-American population
2.28%
12.3%
Asian
0.96%
3.6%
American Indian & Alaskan
1.12%
0.9%
Hispanic (of any race)
38.13%
12.5%
Median Family Income (1999)
$ 30,462%
$42,000
Population Below Poverty Level
22.67%
12.4%

Portales New Mexico Real Estate page will be updated soon. Bookmark this page and come back later to review:

Portales Real Estate For Sale

Portales Rental Real Estate

Portales Real Estate Agency

Portales Real Estate Investors

 




See Also:

Reinventing Real Estate, Part 1: Online and Empowered Consumers Are Taking Charge and Paying Less
For decades, the real estate world turned in a predictable manner. The roles of buyers, sellers and real estate professionals were fairly well defined and transactions followed a predictable path of yard signs, newspaper ads, open houses and miles of paperwork.Recently, online and empowered ... more...

Successful Real Estate Investing
One of the best roads to wealth in America has always been the acclimation and development of good, solid, income-producing real estate. Real estate ownership is one of the best ways to achieve financial independence for the average person. But in order to be a successful real estate investor, you ... more...

Real Estate Investing The Job Escape
Real estate investing is pretty unusual in lots of ways. Real estate investing is creative. Real estate investing is risk-taking excitement. Real estate investing is diverse activity. Most of all, real estate investing is very profitable.I'll never forget the words of one of my professors who said, ... more...

Investing In Real Estate Investors
With the never-ending changes in our Real Estate Markets real estate professionals are starting to pay attention to the sound of new commission streams of income. Some realtors have either shied away or ran-away from such terms as Cap Rate, & Cash-on-Cash Returns. Terms that only the smart and ... more...


More on real estate...

Search More Info On:

  • Real Estate
  • New Mexico
  • New Mortgage
  • Real Estate Tax
  • Mortgage
  • Mortgage Tax
  •  

    Shop For Your Mortgage Now!
    Shop For Your Mortgage Now!

    You'll be re-directed to Top-Lenders.com

    Want to Know Your Rate?
    Get Customized Mortgage Quote Instantly

     
    ExplainingMortgages © 2005 - 2009