87723 Zip Code (NM) Detailed Profile

Estimated zip code population in 2022: 262
Zip code population in 2010: 408
Zip code population in 2000: 440

March 2022 cost of living index in zip code 87723: 84.3 (less than average, U.S. average is 100)

Land area: 19.9 sq. mi.
Water area: 0.0 sq. mi.

Population density: 13 people per square mile

(very low).

Real estate property taxes paid for housing units in 2022:

For population 25 years and over in 87723:

• High school or higher: 98.4%
• Bachelor's degree or higher: 1.3%
• Graduate or professional degree: 0.0%

For population 15 years and over in 87723:

• Never married: 27.8%
• Now married: 44.1%
• Separated: 0.0%
• Widowed: 15.0%
• Divorced: 13.1%

• 
• • 24995.0%Hispanic or Latino
  • 93.4%White
  • 41.5%Two or more races

100% rural population.

Averages for the 2020 tax year for zip code 87723, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $35,550 (Individual Income Tax Returns)

Here:	$35,550
State:	$59,146

Salary/wage: $31,750 (reported on 71.4% of returns)

Here:	$31,750
State:	$48,327

(% of AGI for various income ranges: 1506.7% for AGIs below $25k, 2158.3% for AGIs $25k-50k)

Taxable interest for individuals: $267 (reported on 21.4% of returns)

This zip code:	$267
New Mexico:	$1,616

(% of AGI for various income ranges: 13.3% for AGIs $25k-50k)

Profit/loss from business: +$3,967 (reported on 21.4% of returns)

Here:	+$3,967
State:	+$11,430

(% of AGI for various income ranges: 396.7% for AGIs below $25k)

Earned income credit: $2,100 (reported on 21.4% of returns)

Here:	$2,100
State:	$2,323

(% of AGI for various income ranges: 210.0% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2020 taxes: 78.6%

Here:	79%
State:	92%

(% for various income ranges: 83.3% for AGIs below $25k, 80.0% for AGIs $25k-50k, 66.7% for AGIs $50k-75k)

Averages for the 2012 tax year for zip code 87723, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $23,350 (Individual Income Tax Returns)

Here:	$23,350
State:	$50,343

Salary/wage: $20,655 (reported on 78.6% of returns)

Here:	$20,655
State:	$41,171

(% of AGI for various income ranges: 78.9% for AGIs below $25k, 65.7% for AGIs $25k-50k)

Taxable interest for individuals: $167 (reported on 21.4% of returns)

This zip code:	$167
New Mexico:	$1,677

Profit/loss from business: +$2,100 (reported on 14.3% of returns)

Here:	+$2,100
State:	+$11,059

Earned income credit: $1,860 (reported on 35.7% of returns)

Here:	$1,860
State:	$2,311

(% of AGI for various income ranges: 9.8% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2012 taxes: 35.7%

Here:	36%
State:	50%

(% for various income ranges: 37.5% for AGIs below $25k, 33.3% for AGIs $25k-50k)

Averages for the 2004 tax year for zip code 87723, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $17,039 (Individual Income Tax Returns)

Here:	$17,039
State:	$39,572

Salary/wage: $17,496 (reported on 81.9% of returns)

Here:	$17,496
State:	$34,237

Taxable interest for individuals: $292 (reported on 31.0% of returns)

This zip code:	$292
New Mexico:	$1,873

Total itemized deductions: $14,727 (65% of AGI, reported on 7.1% of returns)

Here:	$14,727
State:	$18,103

Here:	64.8% of AGI
State:	21.5% of AGI

Total tax: $1,532 (reported on 51.0% of returns)

87723:	$1,532
State:	$6,237

Earned income credit: $1,932 (reported on 38.1% of returns)

Here:	$1,932
State:	$1,796

Percentage of individuals using paid preparers for their 2004 taxes: 36.8%

Here:	37%
State:	57%

Nearest zip codes: 87715, 87732, 87713, 87722, 87579, 87736.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 0
Household did not receive Food Stamps/SNAP in the past 12 months: 157

Women who did not have a birth in the past 12 months: 8 (0 now married, 8 unmarried)

Housing units in zip code 87723 with a mortgage: 123
Residents with income below the poverty level in 2022:
Residents with income below 50% of the poverty level in 2022:

• Zip code 87723 household income distribution in 2022

• 41$20,000 to $24,999
• 58$75,000 to $99,999
• 62$125,000 to $149,999

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 87723

• 48$70,000 to $79,999
• 32$125,000 to $149,999
• 40$175,000 to $199,999

Estimated median house (or condo) value in 2022 for:

• Some other race householders: $153,348
• Two or more races householders: $153,131
• Hispanic or Latino householders: $158,561

Estimated median house or condo value in 2022: $158,128

Mean price in 2022:

Detached houses: $74,179

Here:	$74,179
State:	$322,045

Housing units in structures:

• One, detached: 162
• Mobile homes: 67

• Means of transportation to work in zip code 87723

• 87.3%59Drove a car alone
• 8.9%6Walked

• Travel time to work (commute) in zip code 87723

• 25 to 9 minutes
• 420 to 24 minutes
• 5990 or more minutes

Percentage of zip code residents living and working in this county: 9.0%

Household type by relationship:

Households: 262

• Male householders: 61 (0 living alone), Female householders: 99 (43 living alone)

• 61 spouses (61 opposite-sex spouses), 0 unmarried partners, (0 opposite-sex unmarried partners), 0 children (0 natural, 0 adopted, 0 stepchildren), 0 grandchildren, 0 brothers or sisters, 34 parents, 0 foster children, 0 other relatives, 0 non-relatives

• In group quarters: 13 (-1 institutionalized population)

Size of family households: 119 2-persons

Size of nonfamily households: 42 1-person

3.8% of residents of 87723 zip code speak English at home.
92.8% of residents speak Spanish at home (100% very well).

Facilities with environmental interests located in this zip code:

• HOLMAN ELEMENTARY (HWY 578 in HOLMAN, NM)

  (National Center for Education Statistics) - STATE ID-44331059
  Organizations: MORA INDEPENDENT SCHOOLS (SCHOOL DISTRICT)
  

Housing units lacking complete plumbing facilities: 5.4%

Place of birth for U.S.-born residents:

• This state: 212
• Northeast: 2
• South: 4
• West: 40

76% of the 87723 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 43% lived in this county.
   Out of people who lived in different counties, 50% lived in New Mexico.

64% of the 87723 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 88% moved from this county.

Students in private schools in grades 9 to 12 (high school):

Top industries in this zip code by the number of employees in 2005:

• Construction: Plumbing, Heating, and Air-Conditioning Contractors (1-4 employees: 1 establishment)

Most common first names in zip code 87723 among deceased individuals
Name	Count	Lived (average)
Jose	5	71.4 years
Juan	2	79.0 years
Moises	2	75.0 years
Nick	2	80.0 years

Most common last names in zip code 87723 among deceased individuals
Last name	Count	Lived (average)
Romero	7	66.6 years
Olivas	7	68.7 years
Lovato	6	78.5 years
Vigil	5	64.0 years
Sanchez	5	78.0 years
Cruz	5	81.0 years
Arellano	4	83.0 years
Martinez	4	76.5 years
Medina	3	74.1 years
Maestas	3	84.0 years