| ZIP Code | 87731 |
|---|---|
| City | Montezuma |
| State | New Mexico (NM) |
| County | San Miguel County |
| Area Code | 575 |
| Elevation | 7,547 ft |
| Latitude | 35.700849 |
|---|---|
| Longitude | -105.399029 |
| Timezone | Denver (DST) |
| FIPS | 35047 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 23.5 yrs ↓ 62% since 2019 |
|---|---|
| Avg Household Size | 3.18 |
| Below Poverty | 0.0% ▼ 100% below avg |
| College Grads | 60.0% ▲ 55% above avg |
| Unemployment | 50.6% ▲ 935% above avg |
| Associates | 54 (40%) |
| Graduate Degree | 81 (60%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $26,782 ▼ 65% below avg ↓ 43% since 2019 |
|---|---|
| Median Home Value | $173,400 ▼ 38% below avg ↓ 45% since 2019 |
| Home/Income Ratio | 6.5x (nat avg ~3.5x) |
| Total Units | 145 |
| Vacant Units | 26 |
| Avg HH Size | 3.18 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 145 |
|---|---|
| Vacant | 26 |
| Owner Occupied | 84.9% |
| Renter Occupied | 15.1% |
| Avg HH Size | 3.18 |
ZIP code 87731 is located in Montezuma, New Mexico, within San Miguel County. With a population of 515, this is a sparsely populated ZIP code with a young community — the median age is 23.5 years. Economically, 87731 is a lower-income ZIP code: the median household income of $26,782 is well below the national average.
Real estate in ZIP code 87731 represents an affordable housing market. The median home value of $173,400 is below the national average. Homeownership is strong here — 84.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have decreased by 45% since 2019.
The population of 87731 is racially diverse, with Hispanic as the largest group at 47.8%. Residents are well-educated — 60.0% hold a bachelor's degree or higher, which is significantly above the national average. Household income has declined by 43% since 2019.
The unemployment rate in 87731 stands at 50.6%, which is more than double the national average. About 15% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 12%.
Overall, ZIP code 87731 in Montezuma, NM is characterized as lower-income, well-educated, a young community, and predominantly owner-occupied. With 515 residents, a median household income of $26,782, and a median home value of $173,400, it offers a clear picture of life in this part of New Mexico.