| ZIP Code | 87031 |
|---|---|
| City | Los Lunas |
| State | New Mexico (NM) |
| County | Valencia County |
| Area Code | 505 |
| Elevation | 4,837 ft |
| Latitude | 34.779132 |
|---|---|
| Longitude | -106.725659 |
| Timezone | Denver (DST) |
| FIPS | 35061 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.5 yrs ↓ 2% since 2019 |
|---|---|
| Avg Household Size | 2.94 |
| Below Poverty | 17.7% ▲ 77% above avg |
| College Grads | 32.2% ▼ 17% below avg |
| Unemployment | 7.2% ▲ 47% above avg |
| No HS Diploma | 610 (2.2%) |
| HS Graduate | 8,737 (31.4%) |
| Some College | 4,553 (16.3%) |
| Associates | 4,983 (17.9%) |
| Bachelors | 2,718 (9.8%) |
| Graduate Degree | 6,264 (22.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $61,947 ▼ 19% below avg ↑ 20% since 2019 |
|---|---|
| Median Home Value | $206,600 ▼ 26% below avg ↑ 50% since 2019 |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $1,083/mo ↑ 14% since 2019 |
| Total Units | 16,917 |
| Vacant Units | 1,729 |
| Avg HH Size | 2.94 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 16,917 |
|---|---|
| Vacant | 1,729 |
| Owner Occupied | 81.0% |
| Renter Occupied | 19.0% |
| Avg HH Size | 2.94 |
ZIP code 87031 is located in Los Lunas, New Mexico, within Valencia County. With a population of 46,211, this is a highly populated ZIP code with a relatively young community — the median age is 36.5 years. Economically, 87031 is a solidly middle-class ZIP code: the median household income of $61,947 is below the national average.
Real estate in ZIP code 87031 represents an affordable housing market. The median home value of $206,600 is below the national average. Renters can expect to pay around $1,083 per month in median rent. Homeownership is strong here — 81.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 50% since 2019.
The population of 87031 is majority Hispanic (63.18%). Residents are moderately educated — 32.2% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 17.7%. Household income has grown by 20% since 2019.
The unemployment rate in 87031 stands at 7.2%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 78%.
Overall, ZIP code 87031 in Los Lunas, NM is characterized as solidly middle-class, moderately educated, a relatively young community, and predominantly owner-occupied. With 46,211 residents, a median household income of $61,947, and a median home value of $206,600, it offers a clear picture of life in this part of New Mexico.