| ZIP Code | 87740 |
|---|---|
| City | Raton |
| State | New Mexico (NM) |
| County | Colfax County |
| Area Code | 575 |
| Elevation | 6,412 ft |
| Latitude | 36.767149 |
|---|---|
| Longitude | -104.363941 |
| Timezone | Denver (DST) |
| FIPS | 35007 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.3 yrs ↓ 4% since 2019 |
|---|---|
| Avg Household Size | 2.14 |
| Below Poverty | 17.8% ▲ 78% above avg |
| College Grads | 33.0% ▼ 15% below avg |
| Unemployment | 2.8% ▼ 42% below avg |
| No HS Diploma | 4 (0.1%) |
| HS Graduate | 1,777 (36.7%) |
| Some College | 779 (16.1%) |
| Associates | 681 (14.1%) |
| Bachelors | 607 (12.5%) |
| Graduate Degree | 991 (20.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $52,856 ▼ 31% below avg ↑ 59% since 2019 |
|---|---|
| Median Home Value | $157,000 ▼ 44% below avg ↑ 79% since 2019 |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $734/mo ↑ 2% since 2019 |
| Total Units | 3,889 |
| Vacant Units | 676 |
| Avg HH Size | 2.14 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,889 |
|---|---|
| Vacant | 676 |
| Owner Occupied | 72.6% |
| Renter Occupied | 27.4% |
| Avg HH Size | 2.14 |
ZIP code 87740 is located in Raton, New Mexico, within Colfax County. With a population of 7,055, this is a lightly populated ZIP code with a mature community — the median age is 46.3 years. Economically, 87740 is a working-class ZIP code: the median household income of $52,856 is below the national average.
Real estate in ZIP code 87740 represents an affordable housing market. The median home value of $157,000 is below the national average. Renters can expect to pay around $734 per month in median rent. Homeownership is strong here — 72.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 79% since 2019.
The population of 87740 is majority Hispanic (52.09%). Residents are moderately educated — 33.0% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 17.8%. Household income has grown by 59% since 2019.
The unemployment rate in 87740 stands at 2.8%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 87740 in Raton, NM is characterized as working-class, moderately educated, a mature community, and predominantly owner-occupied. With 7,055 residents, a median household income of $52,856, and a median home value of $157,000, it offers a clear picture of life in this part of New Mexico.