ZIP code 87002

ZIP 87002 is a mid-size town in Valencia County, New Mexico, with 21,375 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #32 of 372 ranked by population — larger than 91% of them. The median age here is 45.4 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in ZIP 87002 earn a median of $51,537 a year, 34.4% below the national figure of $78,538. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 19.6% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in ZIP 87002 is valued at $183,700, 39.5% below the national figure, while median gross rent runs $859 a month, 38.9% below the national figure, or roughly $10,308 across a full year. A household on the local median income would put about 20% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 3.6×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 82.1% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

ZIP 87002 is tabulated inside Valencia County, New Mexico, one of 5 ZIP areas the Census publishes for that county and 372 across New Mexico. This is a mid-sized ZIP that covers a large share of its county's addresses. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 87002 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 87002 reports a median household income of $51,537, 9% below the $56,359 county median, and 4% below the $53,479 typical NM ZIP. Owner-occupied homes are valued at a median of $183,700, 6% below the county figure and 3% above the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $859 a month, which is why it reads higher than the advertised rent on a listing for the same unit.

New Mexico charges 4.875% statewide, and local governments overlapping 87002 may add county, city or special-district levies on top. We publish the state floor for this ZIP rather than guessing a combined figure, because ZIP boundaries and taxing-district boundaries were drawn for different purposes and do not line up.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 87002 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.