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El Cerro-Monterey Park, New Mexico Mortgage and Housing Information

Population: 5,483
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$76,700

Value of Houses and Condos

A comparison of the average prices of homes in El Cerro-Monterey Park, New Mexico and the U.S.
U.S.New MexicoEl Cerro-Monterey Park
Median home value
in year 2000
$111,800$94,600$57,700

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.New MexicoEl Cerro-Monterey Park
With a mortgage$1,088$929$738
Without a mortgage$295$228$175

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in El Cerro-Monterey Park (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage9132.7%
First Mortgage Only17864.0%
Second Mortgage and/or Home Equity Loan93.2%
Total278100%

Tenancy in El Cerro-Monterey Park

How many people in El Cerro-Monterey Park live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes1,321
Renter-occupied homes158
Homes for sale47
Homes for rent32
Total1,620

Age of El Cerro-Monterey Park Residents

Median age for males and females (2000).
Males 24
Females 24

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.New MexicoEl Cerro-Monterey Park
Median Earnings$23,755$19,427$15,692
Median Earnings, Males$29,458$23,361$17,271
Median Earnings, Females$18,957$15,381$12,437

Males earn $4,834 (38.9%) more than Females in El Cerro-Monterey Park.

Commuting in El Cerro-Monterey Park

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo1,360
Carpooled439
Public Transit8
Bicycle0
Walking0
Other Means0
Total, Commuted1,807
Worked from home29
Total1,836

Time Spent Commuting in El Cerro-Monterey Park

Time spent commuting in El Cerro-Monterey Park
Time spent in minutesNumber of People
Less than 50
5-925
10-1418
15-19227
20-24199
25-2938
30-34198
35-3935
40-44180
45-59551
60-89273
Over 9063

Education

Level of higher education for people over 25 years in El Cerro-Monterey Park (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College16012.0%24118.0%
Associate Degree382.8%161.2%
Bachelor's Degree312.3%00.0%
Master's Degree50.4%00.0%
Professional Degree60.4%90.7%
Doctorate Degree00.0%00.0%
Total (at least some college)24017.9%26620.3%
Total over 251,338100%1,309100%

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