| ZIP Code | 87516 |
|---|---|
| City | Canones |
| State | New Mexico (NM) |
| County | Rio Arriba County |
| Area Code | 505 |
| Elevation | 8,680 ft |
| Latitude | 36.177805 |
|---|---|
| Longitude | -106.46628 |
| Timezone | Denver (DST) |
| FIPS | 35039 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 64.3 yrs ↑ 54% since 2019 |
|---|---|
| Avg Household Size | 1.60 |
| Below Poverty | 4.8% ▼ 52% below avg |
| College Grads | 9.9% ▼ 74% below avg |
| Unemployment | 0.0% ▼ 100% below avg |
| HS Graduate | 52 (57.1%) |
| Some College | 15 (16.5%) |
| Associates | 15 (16.5%) |
| Graduate Degree | 9 (9.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $98,750 ▲ 29% above avg ↑ 22% since 2019 |
|---|---|
| Median Home Value | $525,000 ▲ 88% above avg ↑ 211% since 2019 |
| Home/Income Ratio | 5.3x (nat avg ~3.5x) |
| Total Units | 81 |
| Vacant Units | 24 |
| Avg HH Size | 1.60 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 81 |
|---|---|
| Vacant | 24 |
| Owner Occupied | 100.0% |
| Renter Occupied | 0.0% |
| Avg HH Size | 1.60 |
ZIP code 87516 is located in Canones, New Mexico, within Rio Arriba County. With a population of 104, this is a sparsely populated ZIP code with an older community — the median age is 64.3 years. Economically, 87516 is a middle-income ZIP code: the median household income of $98,750 is above the national average.
Real estate in ZIP code 87516 represents a premium housing market. The median home value of $525,000 is significantly above the national average. Median home values have increased by 211% since 2019.
The population of 87516 is primarily Hispanic (87.50%). Residents are less-educated — 9.9% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a relatively small share of residents at 4.8%. Household income has grown by 22% since 2019.
A notably high share of workers — 28% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 61%.
Overall, ZIP code 87516 in Canones, NM is characterized as middle-income, less-educated, an older community, and predominantly owner-occupied. With 104 residents, a median household income of $98,750, and a median home value of $525,000, it offers a clear picture of life in this part of New Mexico.