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Algodones, New Mexico Mortgage and Housing Information

Population: 688
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

There were no houses for sale in year 2000.

Value of Houses and Condos

A comparison of the average prices of homes in Algodones, New Mexico and the U.S.
U.S.New MexicoAlgodones
Median home value
in year 2000
$111,800$94,600$147,200

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.New MexicoAlgodones
With a mortgage$1,088$929$1,145
Without a mortgage$295$228$193

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Algodones (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage7847.6%
First Mortgage Only7747.0%
Second Mortgage and/or Home Equity Loan95.5%
Total164100%

Tenancy in Algodones

How many people in Algodones live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes201
Renter-occupied homes35
Homes for sale3
Homes for rent3
Total257

Age of Algodones Residents

Median age for males and females (2000).
Males 31
Females 34

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.New MexicoAlgodones
Median Earnings$23,755$19,427$25,726
Median Earnings, Males$29,458$23,361$27,375
Median Earnings, Females$18,957$15,381$22,000

Males earn $5,375 (24.4%) more than Females in Algodones.

Commuting in Algodones

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo214
Carpooled29
Public Transit0
Bicycle0
Walking3
Other Means5
Total, Commuted251
Worked from home0
Total251

Time Spent Commuting in Algodones

Time spent commuting in Algodones
Time spent in minutesNumber of People
Less than 53
5-96
10-1430
15-1921
20-2420
25-2917
30-3483
35-3911
40-442
45-5915
60-8914
Over 9029

Education

Level of higher education for people over 25 years in Algodones (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College3920.1%3618.6%
Associate Degree00.0%126.2%
Bachelor's Degree2211.3%3920.1%
Master's Degree21.0%73.6%
Professional Degree84.1%52.6%
Doctorate Degree00.0%00.0%
Total (at least some college)7136.6%9943.8%
Total over 25194100%226100%

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