Population 333 · Census ACS 2020–24
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Population and households in ZIP 87940
Household size in ZIP 87940
| Period | ZIP 87940 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 3.83 | 2.71 | 2.68 |
| 2010–14 | 3.00 | 2.77 | 2.73 |
| 2015–19 | 3.70 | 2.71 | 2.71 |
| 2020–24 | 3.16 | 2.63 | 2.65 |
| Change | −0.67 | −0.07 | −0.03 |
Households in ZIP 87940 are large by national standards, averaging 3.16 people against 2.65 for the U.S. That usually means more families with children at home. Since 2006–10, household size has dropped from 3.83, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 87940
| Period | ZIP 87940 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 26.4 | 37.4 | 37.7 |
| 2010–14 | 36.6 | 38.2 | 38.6 |
| 2015–19 | 27.1 | 39.3 | 39.6 |
| 2020–24 | 46.0 | 40.5 | 40.1 |
| Change | +19.6 | +3.2 | +2.3 |
With a median age of 46.0, ZIP 87940 is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 87940
| Period | ZIP 87940 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 12.0% | 14.2% | 12.3% |
| 2010–14 | 13.8% | 14.6% | 12.3% |
| 2015–19 | 16.0% | 13.6% | 11.6% |
| 2020–24 | 5.7% | 14.4% | 11.6% |
| Change | −6.2 pts | +0.1 pts | −0.6 pts |
Single parents head only 5.7% of households in ZIP 87940, well below the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 87940
Renters in ZIP 87940
| Period | ZIP 87940 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 31.4% | 30.4% | 33.3% |
| 2010–14 | 21.0% | 31.8% | 35.6% |
| 2015–19 | 23.6% | 32.3% | 36.0% |
| 2020–24 | 18.0% | 30.0% | 34.8% |
| Change | −13.4 pts | −0.3 pts | +1.5 pts |
ZIP 87940 is largely a place of homeowners: only 18.0% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Among owners, 98.2% have paid off their mortgages, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 87940
| Period | ZIP 87940 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 25.1% | 13.6% | 11.4% |
| 2010–14 | 35.3% | 14.2% | 11.4% |
| 2015–19 | 20.3% | 15.2% | 11.1% |
| 2020–24 | 19.3% | 11.9% | 9.6% |
| Change | −5.8 pts | −1.6 pts | −1.8 pts |
Vacancy is high in ZIP 87940: 19.3% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 87940
| Period | ZIP 87940 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 1982 | 1980 | 1974 |
| 2010–14 | 1980 | 1981 | 1975 |
| 2015–19 | 1979 | 1982 | 1977 |
| 2020–24 | 1975 | 1985 | 1980 |
| Change | −7 | +4 | +6 |
Homes in ZIP 87940 run a bit older than the national norm, with a median build year of 1975 against 1980.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 87940
| Period | ZIP 87940 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | $420 | $777 | $965 |
| 2010–14 | $469 | $866 | $1,040 |
| 2015–19 | $1,066 | $943 | $1,213 |
| 2020–24 | $536 | $1,188 | $1,571 |
| Change | +$116 | +$411 | +$606 |
Rent in ZIP 87940 runs $536 a month at the median, utilities included, well below the U.S. median of $1,571. The typical renter here spends 27.7% of household income on rent, just under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 87940
Bachelor's degrees in ZIP 87940
| Period | ZIP 87940 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 7.9% | 25.0% | 28.4% |
| 2010–14 | 9.8% | 25.5% | 29.6% |
| 2015–19 | 12.3% | 26.7% | 32.1% |
| 2020–24 | 3.1% | 30.2% | 35.6% |
| Change | −4.8 pts | +5.2 pts | +7.2 pts |
Fewer adults in ZIP 87940 have a four-year degree than in the country as a whole: 3.1%, against 35.6% nationally.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 87940
| Period | ZIP 87940 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 43.2% | 82.3% | 84.9% |
| 2010–14 | 71.1% | 83.5% | 86.1% |
| 2015–19 | 63.3% | 85.1% | 87.7% |
| 2020–24 | 52.9% | 87.5% | 89.3% |
| Change | +9.7 pts | +5.2 pts | +4.3 pts |
Nearly half of adults in ZIP 87940 never finished high school, well above the national share: only 52.9% have a diploma or equivalent, against 89.3% nationally.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 87940
| Period | ZIP 87940 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 6.5% | 7.3% | 8.1% |
| 2010–14 | 11.2% | 9.7% | 9.4% |
| 2015–19 | 14.4% | 6.8% | 5.6% |
| 2020–24 | 5.7% | 6.0% | 5.4% |
| Change | −0.8 pts | −1.3 pts | −2.7 pts |
At 5.7%, unemployment in ZIP 87940 is close to the national rate of 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 87940 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 87940 | 3.16 | 46.0 | 5.7% | 18.0% | 19.3% | 1975 | $536 | 3.1% | 52.9% | 5.7% |
| ZIP 87937 | 3.22 | 36.5 | 27.9% | 33.5% | 14.4% | 1984 | $509 | 5.0% | 53.3% | 15.6% |
| ZIP 87941 | 3.16 | 45.9 | 5.5% | 20.2% | 19.3% | 1975 | $536 | 2.9% | 51.5% | 5.6% |
| ZIP 87936 | 3.12 | 46.6 | 5.4% | 20.0% | 20.2% | 1975 | $551 | 3.1% | 52.6% | 5.4% |
| ZIP 87933 | 1.70 | 73.8 | 3.4% | 14.4% | 55.5% | 1990 | $1,111 | 11.1% | 90.7% | 0.0% |
| ZIP 88034 | 2.14 | 62.1 | 7.0% | 8.3% | 32.3% | 1975 | $703 | 19.3% | 94.4% | 16.0% |
| ZIP 88043 | 2.34 | 57.2 | 9.3% | 12.2% | 29.6% | 1966 | $743 | 18.9% | 94.9% | 5.9% |
| ZIP 88023 | 3.51 | 34.5 | 10.1% | 36.5% | 30.0% | 1966 | $744 | 25.7% | 79.1% | 7.2% |
| ZIP 88026 | 2.58 | 51.8 | 8.5% | 20.3% | 18.3% | 1974 | $547 | 14.7% | 77.2% | 6.1% |
| ZIP 88022 | 1.79 | 67.3 | 2.9% | 24.9% | 18.1% | 1991 | $539 | 23.4% | 93.1% | 1.1% |
| ZIP 88061 | 2.40 | 47.9 | 5.9% | 26.4% | 19.4% | 1978 | $824 | 32.5% | 90.5% | 8.6% |
All figures 2020–24.
Zip codes with similar populations: 97145, OR · 15633, PA · 15663, PA · 16172, PA · 16326, PA · 87827, NM · 89425, NV · 92147, CA · 94516, CA · 96037, CA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 87940. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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