Thoreau, NM · standard
ZIP Code 87323
McKinley County, New Mexico - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 4,558
- 6/sq mi
- $51,616
- Median income
- $138,200
- Median home value
- 18.0%
- Bachelor's or higher
The verdict
Thoreau pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a rural, homeowner-dominated area.
- 16th pct
- household income, US ZIPs
- 22th pct
- home value, US ZIPs
- 6
- people per sq mi
- 91%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 87323 against every reporting US ZIP.
ZIP code 87323 covers 747.2 square miles in Thoreau, McKinley County, New Mexico (a standard USPS delivery area), with a modest 4,558 residents on file, a density of 6 people per square mile, in the Denver time zone.
ZIP 87323 reports a modest median household income of $51,616 (13% below the New Mexico average), while per-capita income is $19,881. Local economic indicators show a 40.2% poverty rate alongside 9.1% unemployment. Housing costs here run $138,200 for a typical home value (36% below the state average), with rent averaging $485 a month; 90.7% of homes are owner-occupied.
Educational attainment sits below the national norm: 18.0% of adults hold a bachelor's degree or higher, the median age is 39.8, and the average commute is -. We also surface 1 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing McKinley County, so you can benchmark 87323 against its immediate geography rather than a national average 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 87323
Top 5 sectors by establishment count in Thoreau, NM
Which industries have the most business establishments in ZIP 87323.
- Retail trade
Retail trade
6 establishments
- Transportation and warehousing
Transportation and warehousing
6 establishments
- Health care and social assistance
Health care and social assistance
4 establishments
- Construction
Construction
3 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, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 87323, Thoreau, 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
4,558
Population
747.2
Area (sq mi)
6
People / sq mi
Denver
Time Zone
standard
ZIP Type
Who lives in ZIP 87323?
39.8
Median Age
50.8%
Male
49.2%
Female
1.0%
Foreign-Born
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?
$51,616
Median Household Income
-13% vs state
$19,881
Per Capita Income
40.2%
Poverty Rate
9.1%
Unemployment Rate
How ZIP 87323 ranks nationally
Thoreau, NM household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$51,616 16th percentile higher than 16% of 30,318 US ZIPs
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
2,093
Total Housing Units
1,439
Occupied Units
654
Vacant Units
2.95
Avg Household Size
Occupancy Type
$138,200
Median Home Value
-36% vs state
$485
Median Rent
1990
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 24 business establishments in ZIP 87323, employing approximately 270 people with a combined annual payroll of $7,862,000.
24
Businesses
270
Employees
$7.9M
Annual Payroll
4
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 6 | 25.0% |
| Transportation and warehousing | 6 | 25.0% |
| Health care and social assistance | 4 | 16.7% |
| Construction | 3 | 12.5% |
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 87323 vs 87312 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 87312 | Continental Divide, NM | 579 | 7.3 mi |
More ZIP Codes in McKinley County
Related Areas
Frequently Asked Questions
What county is ZIP code 87323 in? ▼
What is the population of ZIP code 87323? ▼
What is the median household income in ZIP 87323? ▼
What is the average home value in ZIP 87323? ▼
What is the demographic makeup of ZIP 87323? ▼
How many businesses are in ZIP code 87323? ▼
What are the main industries in ZIP code 87323? ▼
What is the education level in ZIP code 87323? ▼
What percentage of residents own vs. rent in ZIP 87323? ▼
What is the poverty rate in ZIP code 87323? ▼
Read our methodology to see how this data is sourced, computed, and verified.