ZIP Code 87402

standard

Source:

Farmington · San Juan County · New Mexico

Population
11,034

372/sq mi

Median income
$79,461

▲ 4% vs US

higher than 61% of US ZIPs

Median home value
$284,200

▲ 2% vs US

higher than 64% of US ZIPs

Bachelor's or higher
28.4%

Median age 39.9

Land area
29.7 sq mi

Denver

ZIP code 87402 in Farmington, New Mexico has a population of 11,034. The median household income is $79,461, which is 4% above the national average. Median home value is $284,200, 2% above the US average. 28.4% of residents hold a bachelor's degree or higher.

ZIP code 87402 is classified by USPS as a standard delivery area and covers roughly 29.7 square miles in Farmington, San Juan County, New Mexico. The area is home to 11,034 residents, producing a population density of 372 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 87402 against New Mexico and the nation.

On the economic side, the median household income for ZIP 87402 sits at $79,461 (34% above the New Mexico average), while per-capita income is $40,175. The poverty rate stands at 9.3% and the unemployment rate at 1.4%. On housing, the median home value is $284,200 (32% above the state average) with median rent at $1,086 per month, and 77.0% of occupied units are owner-occupied, a direct signal of whether 87402 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 28.4% of adults hold a bachelor's degree or higher, the median age is 39.9, and the average commute is 22 minutes. We also surface 2 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing San Juan County, so you can benchmark 87402 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 →

Top industries in ZIP 87402

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 87402.

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 87402, Farmington, NM · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

11,034

Population

29.7

Area (sq mi)

372

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 87402?

39.9

Median Age

52.9%

Male

47.1%

Female

2.9%

Foreign-Born

White 51.1%
African American 0.3%
Asian 0.0%
American Indian or Alaska Native 18.0%
Native Hawaiian or Pacific Islander 0.1%
Two or More Ethnicities 18.1%
Hispanic or Latino 31.2%

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?

$79,461

Median Household Income

+34% vs state

$40,175

Per Capita Income

9.3%

Poverty Rate

1.4%

Unemployment Rate

21.7 min

Mean Commute Time

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

What is the education profile here?

High School Graduate or Higher 51.1%
Bachelor's Degree or Higher 28.4%

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

What does housing look like?

4,275

Total Housing Units

3,985

Occupied Units

290

Vacant Units

2.87

Avg Household Size

Occupancy Type

Owner 77.0%
Renter 23.0%

$284,200

Median Home Value

+32% vs state

$1,086

Median Rent

1988

Median Year Built

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

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

+7.1%

YoY Change (2024)

217

HPI Index (2000 = 100)

+117%

Total Change Since 2000

Home values in ZIP 87402 have increased 7.1% over the past year (2024). Since 2000, this ZIP has seen +117% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.5% 158
2021 +5.7% 167
2022 +13.3% 189
2023 +7.3% 203
2024 +7.1% 217

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 443 business establishments in ZIP 87402, employing approximately 6,180 people with a combined annual payroll of $236,097,000.

443

Businesses

6,180

Employees

$236.1M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 119 26.9%
Accommodation and food services 62 14.0%
Health care and social assistance 43 9.7%
Professional, scientific, and technical services 41 9.3%
Other services (except public administration) 32 7.2%
Finance and insurance 31 7.0%
Real estate and rental and leasing 25 5.6%
Construction 23 5.2%
Administrative and support and waste management and remediation services 14 3.2%
Information 11 2.5%
Mining, quarrying, and oil and gas extraction 9 2.0%
Arts, entertainment, and recreation 9 2.0%
Transportation and warehousing 7 1.6%
Educational services 6 1.4%
Wholesale trade 5 1.1%
Manufacturing 3 0.7%

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 87402 vs 87401 →

ZIP Code City Population Distance
87401 Farmington, NM 46,293 3.4 mi
87415 Flora Vista, NM 1,791 3.7 mi

More ZIP Codes in San Juan County

Frequently Asked Questions

What county is ZIP code 87402 in?
ZIP code 87402 (Farmington) is located in San Juan County, New Mexico. San Juan County contains multiple ZIP codes, see the full list at /counties/san-juan-nm.
What is the population of ZIP code 87402?
ZIP code 87402 in Farmington, NM has a population of 11,034 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 87402?
The median household income in ZIP 87402 is $79,461, which is 4% above the national average of $76,288.
What is the average home value in ZIP 87402?
The median home value in ZIP 87402 is $284,200, which is 2% above the national average of $278,155.
What is the demographic makeup of ZIP 87402?
The largest racial group in ZIP 87402 is White at 51.1%. Hispanic or Latino residents make up 31.2% of the population.
How many businesses are in ZIP code 87402?
ZIP code 87402 has 443 business establishments employing approximately 6,180 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 87402?
The top industries by establishment count in ZIP 87402 are: Retail trade (119), Accommodation and food services (62), Health care and social assistance (43). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 87402?
According to the FHFA House Price Index, home values in ZIP 87402 increased by 7.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 117%. 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 87402?
In ZIP code 87402, 51.1% of residents aged 25+ have a high school diploma or higher, and 28.4% 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 87402?
The mean commute time for workers in ZIP code 87402 is 21.7 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 87402?
In ZIP code 87402, approximately 77.0% of occupied housing units are owner-occupied and 23.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 87402?
The poverty rate in ZIP code 87402 is 9.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Farmington, NM

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.