
Mora County · New Mexico
ZIP code 87723
- Population
- 565
- Median income
- —
- Median home
- $177,800
- Sales tax
- 4.875%
ZCTA residents
Household, past 12 months
Owner-occupied value
New Mexico state rate
Quick answer
ZIP 87723 sits in Mora County, New Mexico and is home to 565 people. Median household income is —, the median home is worth $177,800 and median gross rent is —. 100% of households own their home, and purchases are taxed at 4.875% (New Mexico state rate).
- County
- Mora County
- State
- New Mexico (NM)
- Area codes
- Not published
- Metro area
- Outside covered metros
FIPS 35033
372 ZIPs covered
No NANPA match for this ZIP
Rate jurisdiction used for tax
The numbers for 87723
American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.
- Population
- 565ZIP 87723 residents
- Median household income
- —Past 12 months, inflation adjusted
- Median home value
- $177,800Owner-occupied units
- Median gross rent
- —Rent plus utilities, monthly
- Median age
- 30.5 yrsAll residents
- Homeownership rate
- 100%Owner-occupied households
ZIP 87723 in context
How this area compares with national benchmarks.
ZIP 87723 is a very small community in Mora County, New Mexico, with 565 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #221 of 372 ranked by population — larger than 40% of them. The median age here is 30.5 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.
Households in ZIP 87723 earn a median of not published a year. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 6.7% of residents here, below the 12.4% national rate.
The typical owner-occupied home in ZIP 87723 is valued at $177,800, 41.4% below the national figure, while median gross rent runs not published a month. 100% 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.
With 565 residents, a handful of survey responses moves every median on this page. Compare ZIP 87723 against its county rather than against national figures.
The Census withheld household income, gross rent for ZIP 87723 because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.
Reading ZIP 87723 in context
How 87723 sits inside Mora County and New Mexico.
ZIP 87723 is tabulated inside Mora County, New Mexico, one of 12 ZIP areas the Census publishes for that county and 372 across New Mexico. Fewer than 2,500 people are counted here, so the ZIP behaves like a village delivery route rather than a neighbourhood. 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 87723 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.
Against its own county, 87723 reports a median household income of not published. Owner-occupied homes are valued at a median of $177,800, 49% above the county figure and close to the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at not published 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 87723 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 87723 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.
Sales tax in 87723
What a purchase inside this ZIP costs at checkout.
New Mexico levies 4.875% statewide, and counties, cities and special districts inside this ZIP can add their own local rate on top. Check the county page for the local component before you quote a price.
Affordability in this ZIP
Derived from the Census medians above — indicative, not an offer.
A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.
How 87723 compares
ZIP 87723 against the median ZIP in Mora County and across New Mexico.
| Measure | ZIP 87723 | County median | State median | vs state |
|---|---|---|---|---|
| Median household income | — | $42,452 | $53,479 | — |
| Median home value | $177,800 | $119,700 | $177,700 | even |
| Median gross rent | — | $675 | $875 | — |
| Population | 565 | 231 | 903 | -37% |
Medians are computed across the 12 ZIP areas in Mora County and the 372 ZIP areas in New Mexico.
Statewide rank
Where this ZIP places among all 372 New Mexico ZIP areas.
- Income
- —
- Home value
- #130
- Population
- #221
Not published
above 50% of 261 state ZIPs
larger than 41% of 372 state ZIPs
Nearby ZIP codes
Other ZIP codes filed under Mora County.
Adjacent ZIP Codes
Other ZIP codes in Mora County, New Mexico.
ZIP 87723 questions
Common questions about this ZIP code.
- Where is ZIP code 87723?
- ZIP 87723 lies mostly in Mora County, New Mexico. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
- What sales tax do I pay in 87723?
- New Mexico charges 4.875% statewide, plus any county, city or district rate that applies locally.
- Is 87723 expensive to live in?
- Median rent runs — a month, and the median home is worth $177,800 — even against the typical New Mexico ZIP.
- Is a ZCTA the same as a postal ZIP code?
- Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.
Keep going
Related pages for this area.
Sources & transparency
- US Census Bureau, ACS 2019-2023 5-year estimates — 2019-2023 ACS 5-year — population, income, housing
- Census 2020 ZCTA-to-county relationship file — County assignment by largest land-area overlap
- New Mexico Taxation and Revenue Department — Sales tax rates and local add-ons
Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.