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ZipNumbers

San Miguel County · New Mexico

ZIP code 87742

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 87742 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
343

ZCTA residents

Median income
$60,682

Household, past 12 months

Median home
$235,300

Owner-occupied value

Sales tax
4.875%

New Mexico state rate

Quick answer

ZIP 87742 sits in San Miguel County, New Mexico and is home to 343 people. Median household income is $60,682, the median home is worth $235,300 and median gross rent is . 100% of households own their home, and purchases are taxed at 4.875% (New Mexico state rate).

County
San Miguel County

FIPS 35047

State
New Mexico (NM)

372 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 87742

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
343ZIP 87742 residents
Median household income
$60,682Past 12 months, inflation adjusted
Median home value
$235,300Owner-occupied units
Median gross rent
Rent plus utilities, monthly
Median age
69.9 yrsAll residents
Homeownership rate
100%Owner-occupied households

Sales tax in 87742

What a purchase inside this ZIP costs at checkout.

Rate applied
4.875%State base rate only
Tax on $100
$5Rounded to the dollar
Tax on $1,000
$49Before any exemptions

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.

Rent burden
Median rent ÷ median income
Price-to-income
3.9×Home value ÷ household income
Est. mortgage
$1,221/mo20% down, 30-yr at 6.75%
Poverty rate
10.8%Residents below poverty line

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 87742 compares

ZIP 87742 against the median ZIP in San Miguel County and across New Mexico.

MeasureZIP 87742County medianState medianvs state
Median household income$60,682$52,416$53,479+13%
Median home value$235,300$193,100$177,700+32%
Median gross rent$788$875
Population343395903-62%

Medians are computed across the 17 ZIP areas in San Miguel County and the 372 ZIP areas in New Mexico.

Statewide rank

Where this ZIP places among all 372 New Mexico ZIP areas.

Income

richer than 61% of 276 state ZIPs

#108
Home value

above 71% of 261 state ZIPs

#75
Population

larger than 33% of 372 state ZIPs

#251

Comparable ZIP codes

New Mexico ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
88252Lea County$60,703$105,400$1,155
88044Doña Ana County$60,855$194,000$540
87321Cibola County$60,345$160,200$1,348
88318Lincoln County$60,208
87042Valencia County$61,181$275,000$1,346
88256Eddy County$60,139$182,200$1,201

Nearby ZIP codes

Other ZIP codes filed under San Miguel County.

ZIP 87742 questions

Common questions about this ZIP code.

Where is ZIP code 87742?
ZIP 87742 lies mostly in San Miguel 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 87742?
New Mexico charges 4.875% statewide, plus any county, city or district rate that applies locally.
Is 87742 expensive to live in?
Median rent runs a month, and the median home is worth $235,300+32% 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.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 87742, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

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.