Census ACS · ZIP Code Tabulation Area

87031 Income Statistics for 2026

Valencia County, New Mexico

Median household income

$60,902

Median household income ($60,902) is higher than Valencia County County ($60,295).

87031$60,902
Valencia County County$60,295
87042$73,057
87068$79,602
87002$51,961
87023—

Average household income

$80,643

Average household income ($80,643) is higher than Valencia County County ($79,726).

87031$80,643
Valencia County County$79,726
87042$104,865
87068$94,865
87002$70,163
87023$53,104

Per-capita income

$29,147

Per-capita income ($29,147) is lower than Valencia County County ($30,786).

87031$29,147
Valencia County County$30,786
87042$57,342
87068$38,338
87002$28,303
87023$27,761

Households earning $100k+

28.7%

Households earning $100k+ (28.7%) is higher than Valencia County County (27.0%).

8703128.7%
Valencia County County27.0%
8704233.3%
8706838.2%
8700220.8%
8702324.7%

All demographics

Population
47,514
Households
15,957
Median age
38.0 yrs
Median household income
$60,902
Mean household income
$80,643
Per capita income
$29,147
Median home value
$229,500
Median gross rent
$1,062
Owner-occupied housing
83.2%
Bachelor's degree or higher
20.3%
In labor force
51.0%
Poverty rate
17.4%
Households earning $100k+
28.7%
Population under 5
5.1%
Population age 18–34
21.7%
Population age 25–44
27.6%
Population age 45–64
22.9%
Population age 65+
17.5%
Hispanic or Latino
63.0%
Black (non-Hispanic)
1.1%
Asian (non-Hispanic)
1.0%
Unemployment rate
7.0%

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/new-mexico/87031

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 87031 income statistics ($60,902 median)

ZIP Code Tabulation Area 87031 in New Mexico is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 87031 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 47,514 people live in this ZCTA. Median household income here ($60,902) is higher than Valencia County County ($60,295). Operators sizing a local market often pair median income with mean income ($80,643) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·New Mexico·ZIP codes in Valencia County