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ZipNumbers

Sierra County · New Mexico

ZIP code 87942

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 87942 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
1,114

ZCTA residents

Median income
$39,792

Household, past 12 months

Median home
$105,900

Owner-occupied value

Sales tax
4.875%

New Mexico state rate

Quick answer

ZIP 87942 sits in Sierra County, New Mexico and is home to 1,114 people. Median household income is $39,792, the median home is worth $105,900 and median gross rent is $756. 79% of households own their home, and purchases are taxed at 4.875% (New Mexico state rate).

County
Sierra County

FIPS 35051

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 87942

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

Population
1,114ZIP 87942 residents
Median household income
$39,792Past 12 months, inflation adjusted
Median home value
$105,900Owner-occupied units
Median gross rent
$756Rent plus utilities, monthly
Median age
59.7 yrsAll residents
Homeownership rate
79%Owner-occupied households

Sales tax in 87942

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
23%Median rent ÷ median income
Price-to-income
2.7×Home value ÷ household income
Est. mortgage
$549/mo20% down, 30-yr at 6.75%
Poverty rate
10.1%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 87942 compares

ZIP 87942 against the median ZIP in Sierra County and across New Mexico.

MeasureZIP 87942County medianState medianvs state
Median household income$39,792$42,342$53,479-26%
Median home value$105,900$187,050$177,700-40%
Median gross rent$756$756$875-14%
Population1,114512903+23%

Medians are computed across the 9 ZIP areas in Sierra 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 24% of 276 state ZIPs

#209
Home value

above 22% of 261 state ZIPs

#203
Population

larger than 55% of 372 state ZIPs

#166

Comparable ZIP codes

New Mexico ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
88047Doña Ana County$39,814$109,600$522
87578Rio Arriba County$39,632$1,140
87108Bernalillo County$39,578$227,600$828
88030Luna County$39,514$113,700$712
88422Union County$39,500
88301Lincoln County$40,268$85,000$618

Nearby ZIP codes

Other ZIP codes filed under Sierra County.

ZIP 87942 questions

Common questions about this ZIP code.

Where is ZIP code 87942?
ZIP 87942 lies mostly in Sierra 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 87942?
New Mexico charges 4.875% statewide, plus any county, city or district rate that applies locally.
Is 87942 expensive to live in?
Median rent runs $756 a month, about 23% of median household income, and the median home is worth $105,900-40% 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 87942, 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.