ZIP Code 87740
Located in Raton, NM (Colfax County)
ZIP Code 87740 (Raton, NM): Quick Facts & Overview
- Population: 7,078 residents (2 people per sq. mi.)
- Average House Price: $150,453
- Average Household Income: $52,815
ZIP code 87740 primarily serves Raton, NM in Colfax County. An estimated 7,078 people live within this area, with about 2 residents living in every square mile.
If you are looking for a home in ZIP code 87740, the average price is around $150,453. That makes local housing 35% lower than the New Mexico average of $230,737, and 51% lower than the national average of $308,592.
The average household in 87740 earns about $52,815 a year. This income is 11% lower than the average family in New Mexico ($59,665), and 33% lower than the national average ($78,686).
Population
7,078
Median Household Income
$52,815
Median Home Value
$150,453
Median Age
45.7 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $32,144 |
| Labor Force Participation | 48.8% |
| Unemployment Rate | 3.9% |
| Average Commute Time | 19.0 mins |
Housing & Community Metrics
| Home Ownership Rate | 71.1% |
| Median Rent | $746 |
| Rent Burdened (>30% Income) | 24.0% |
| Total Housing Units | 3,123 |
Additional Census & Housing Profile
Geographic Overview
| Primary City | Raton |
| County | Colfax |
| County FIPS | 35007 |
| Metro Area (CBSA) | - |
| Population Density | 2.1/sq mi |
| Coordinates (lat/lng) | 36.7671, -104.3795 |
| Timezone | America/Denver |
Household Structure
| Average Family Size | 3.05 |
| Dual Income Families | 30.9% |
Marital Status
| Married | 35.4% |
| Never Married | 31.9% |
| Divorced | 21.4% |
| Widowed | 11.4% |
Gender
| Male | 49.5% |
| Female | 50.5% |
Health & Poverty
| Uninsured Rate (Health) | 8.9% |
| Poverty Rate | 22.4% |
Key Population Groups
| Veterans | 8.8% |
| Disabled Population | 26.1% |
| Limited English Proficiency | 2.9% |
All ZIP Codes in Raton
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 87740 Current | 7,078 | $52,815 | $150,453 |
Nearby ZIP Codes
| ZIP Code | City / State | Distance | Population |
|---|---|---|---|
| 87728 | Maxwell, NM | 16.4 miles | 414 |
| 88414 | Capulin, NM | 19.9 miles | 137 |
| 87747 | Springer, NM | 28.5 miles | 1,723 |
| 81082 | Trinidad, CO | 30.2 miles | 11,842 |
| 81024 | Boncarbo, CO | 36.8 miles | 149 |
| 88422 | Gladstone, NM | 36.8 miles | 117 |
| 87714 | Cimarron, NM | 40.5 miles | 784 |
| 88418 | Des Moines, NM | 41 miles | 536 |
| 81091 | Weston, CO | 42.3 miles | 1,120 |
| 81020 | Aguilar, CO | 48.3 miles | 763 |
| 81027 | Branson, CO | 49.1 miles | 158 |
| 87718 | Eagle Nest, NM | 49.1 miles | 542 |