ZIP Code 87023

ZIP code 87023 is classified by USPS as a standard delivery area and covers roughly 8.1 square miles in Jarales, Valencia County, New Mexico. The area is home to 665 residents, producing a population density of 82 people per square mile, and falls within the Denver time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 87023 against New Mexico and the nation.

On the economic side, the median household income for ZIP 87023 sits at —, while per-capita income is $27,761. The poverty rate stands at 12.4% and the unemployment rate at 0.0%. On housing, the median home value is $169,300 (21% below the state average) with median rent at — per month, and 85.8% of occupied units are owner-occupied, a direct signal of whether 87023 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 18.9% of adults hold a bachelor's degree or higher, the median age is 51.7, and the average commute is —. We also surface 3 nearby ZIP codes within roughly 10 miles and 4 additional ZIPs sharing Valencia County, so you can benchmark 87023 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →