ZIP Code 87731 — undefined, NM Demographics & Data

ZIP code 87731 covers NM in San Miguel County with a population of about 515.

At a glance, the area shows median age of 23.5 versus a U.S. median of about 38.9.

It sits in telephone area code 505; U.S. House district NM-3; the ALBUQUERQUE - SANTA FE media market.

Median household income in ZIP 87731 is about $26,782 — about 64% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 0.0%; unemployment rate near 50.6%; 38.9% of adults with a bachelor’s degree or higher (about 5.2 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Education, Food services, and Construction; about 15.4% of workers reporting work-from-home (roughly in line with the U.S. share (15.2%)); a mean commute of about 66.0 minutes (U.S. average near 26.8).

Median home value is about $173,400 — about 50% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 84.9% (about 19.5 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 87731 in NM, a household would need roughly $48,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,114. That is about 79% above the local median household income ($26,782), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for NM as Relatively Low (composite score 74.6), which is elevated versus much of the country. The strongest component scores on US5 are wildfire (97.3) and flood (83.4). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for NM show little to no average snow and around 24.9 inches of annual precipitation.

IRS migration statistics show a net inflow of about 16 for ZIP 87731 (NM) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.