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Boles Acres, NM Real Estate


According to census data in the year 2000 there were 603 housing units in Boles Acres. This represents a 2.6% decline from 619 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 603 were located in what is classified as a rural area.

Homeownership rate in Boles Acres is about 86.4%. Boles Acres's vacancy rate, including seasonal lodging, is about 11.3%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Boles Acres were built after 1987.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.10%
Two Bedrooms22.20%
Three Bedrooms48.40%
Four Bedrooms23.10%
Five Bedrooms or more1.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1989
Median Value of occupied units$161,400
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1976
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.40%
Home Equity Loan0%
Simple Mortgage57.60%
Debt Free34%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs19.4%