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ZipNumbers

Socorro County · New Mexico

ZIP code 87831

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 87831 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
211

ZCTA residents

Median income

Household, past 12 months

Median home
$156,700

Owner-occupied value

Sales tax
4.875%

New Mexico state rate

Quick answer

ZIP 87831 sits in Socorro County, New Mexico and is home to 211 people. Median household income is , the median home is worth $156,700 and median gross rent is . 78.8% of households own their home, and purchases are taxed at 4.875% (New Mexico state rate).

County
Socorro County

FIPS 35053

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 87831

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

Population
211ZIP 87831 residents
Median household income
Past 12 months, inflation adjusted
Median home value
$156,700Owner-occupied units
Median gross rent
Rent plus utilities, monthly
Median age
63.5 yrsAll residents
Homeownership rate
78.8%Owner-occupied households

Sales tax in 87831

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
Home value ÷ household income
Est. mortgage
$813/mo20% down, 30-yr at 6.75%
Poverty rate
65.4%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 87831 compares

ZIP 87831 against the median ZIP in Socorro County and across New Mexico.

MeasureZIP 87831County medianState medianvs state
Median household income$54,032$53,479
Median home value$156,700$161,200$177,700-12%
Median gross rent$676$875
Population211680903-77%

Medians are computed across the 10 ZIP areas in Socorro County and the 372 ZIP areas in New Mexico.

Statewide rank

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

Income

Not published

Home value

above 41% of 261 state ZIPs

#155
Population

larger than 24% of 372 state ZIPs

#283

Nearby ZIP codes

Other ZIP codes filed under Socorro County.

ZIP 87831 questions

Common questions about this ZIP code.

Where is ZIP code 87831?
ZIP 87831 lies mostly in Socorro 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 87831?
New Mexico charges 4.875% statewide, plus any county, city or district rate that applies locally.
Is 87831 expensive to live in?
Median rent runs a month, and the median home is worth $156,700-12% 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 87831, 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.