PlainZIP

Los Lunas, NM · standard

ZIP Code 87031

Valencia County, New Mexico - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

44,075
34/sq mi
$60,902
Median income
$229,500
Median home value
20.3%
Bachelor's or higher

The verdict

Los Lunas pairs a below-median household income with above-median home values, in a rural, homeowner-dominated area.

31th pct
household income, US ZIPs
Top 48%
home value, US ZIPs
34
people per sq mi
83%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 87031 against every reporting US ZIP.

ZIP code 87031 is a densely settled ZIP (a standard USPS delivery area) in Los Lunas, Valencia County, New Mexico, with 44,075 residents across 1315.7 square miles, a density of 34 people per square mile, in the Denver time zone.

ZIP 87031 reports a modest median household income of $60,902 (3% above the New Mexico average), while per-capita income is $29,147. The poverty rate stands at 17.4% and the unemployment rate at 7.0%. On housing, the median home value is $229,500 (7% above the state average) with median rent at $1,062 per month, and 83.2% of occupied units are owner-occupied.

Educational attainment sits below the national norm: 20.3% of adults hold a bachelor's degree or higher, the median age is 38, and the average commute is 32 minutes. Beyond these figures, 1 nearby ZIP codes within about 10 miles are surfaced below, along with 4 more sharing Valencia County, letting you compare 87031 to its immediate surroundings rather than a national baseline alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 87031

Top 5 sectors by establishment count in Los Lunas, NM

Which industries have the most business establishments in ZIP 87031.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 87031, Los Lunas, NM · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

44,075

Population

1315.7

Area (sq mi)

34

People / sq mi

Denver

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 87031?

38.0

Median Age

50.6%

Male

49.4%

Female

9.4%

Foreign-Born

White 47.4%
African American 1.1%
Asian 1.1%
American Indian or Alaska Native 4.2%
Native Hawaiian or Pacific Islander 0.1%
Two or More Ethnicities 33.8%
Hispanic or Latino 63.0%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$60,902

Median Household Income

+3% vs state

$29,147

Per Capita Income

17.4%

Poverty Rate

7.0%

Unemployment Rate

31.5 min

Mean Commute Time

How ZIP 87031 ranks nationally

Los Lunas, NM household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$60,902 31st percentile higher than 31% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 53.0%
Bachelor's Degree or Higher 20.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

17,380

Total Housing Units

15,957

Occupied Units

1,423

Vacant Units

2.87

Avg Household Size

Occupancy Type

Owner 83.2%
Renter 16.8%

$229,500

Median Home Value

+7% vs state

$1,062

Median Rent

1993

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How have home values changed over time?

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+7.2%

YoY Change (2024)

234

HPI Index (2000 = 100)

+134%

Total Change Since 2000

Home values in ZIP 87031 have increased 7.2% over the past year (2024). Since 2000, this ZIP has seen +134% cumulative appreciation.

Year Annual Change HPI Index
2020 +4.6% 150
2021 +13.9% 171
2022 +14.5% 196
2023 +11.2% 218
2024 +7.2% 234

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 518 business establishments in ZIP 87031, employing approximately 6,753 people with a combined annual payroll of $286,513,000.

518

Businesses

6,753

Employees

$286.5M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Construction 86 16.6%
Retail trade 86 16.6%
Health care and social assistance 72 13.9%
Accommodation and food services 57 11.0%
Other services (except public administration) 42 8.1%
Professional, scientific, and technical services 39 7.5%
Finance and insurance 36 7.0%
Real estate and rental and leasing 26 5.0%
Transportation and warehousing 25 4.8%
Manufacturing 13 2.5%
Administrative and support and waste management and remediation services 13 2.5%
Educational services 6 1.2%
Wholesale trade 5 1.0%
Information 4 0.8%
Arts, entertainment, and recreation 4 0.8%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 87031 vs 87023 →

ZIP Code City Population Distance
87023 Jarales, NM 665 11.7 mi

More ZIP Codes in Valencia County

87002 standard
Belen, NM
Pop: 22,517
87068 standard
Bosque Farms, NM
Pop: 4,755
87042 standard
Peralta, NM
Pop: 3,644
87023 standard
Jarales, NM
Pop: 665

Related Areas

Valencia County Los Lunas, NM New Mexico

Frequently Asked Questions

What county is ZIP code 87031 in? ▼
ZIP code 87031 (Los Lunas) is located in Valencia County, New Mexico. Valencia County contains multiple ZIP codes, see the full list at /counties/valencia-nm.
What is the population of ZIP code 87031? ▼
ZIP code 87031 in Los Lunas, NM has a population of 44,075 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 87031? ▼
The median household income in ZIP 87031 is $60,902, which is 20% below the national average of $76,288.
What is the average home value in ZIP 87031? ▼
The median home value in ZIP 87031 is $229,500, which is 17% below the national average of $278,155.
What is the demographic makeup of ZIP 87031? ▼
The largest racial group in ZIP 87031 is White at 47.4%. Hispanic or Latino residents make up 63.0% of the population.
How many businesses are in ZIP code 87031? ▼
ZIP code 87031 has 518 business establishments employing approximately 6,753 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 87031? ▼
The top industries by establishment count in ZIP 87031 are: Construction (86), Retail trade (86), Health care and social assistance (72). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 87031? ▼
According to the FHFA House Price Index, home values in ZIP 87031 increased by 7.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 134%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 87031? ▼
In ZIP code 87031, 53.0% of residents aged 25+ have a high school diploma or higher, and 20.3% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 87031? ▼
The mean commute time for workers in ZIP code 87031 is 31.5 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 87031? ▼
In ZIP code 87031, approximately 83.2% of occupied housing units are owner-occupied and 16.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 87031? ▼
The poverty rate in ZIP code 87031 is 17.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.