ZIP code 87031
87031 is in Valencia County, New Mexico.
47,514Residents
$60,902Median household income
$1,062/moMedian gross rent
$229,500Median home value
38.0Median age
20%Adults with a bachelor’s degree or higher
83%Homes lived in by their owners
3.8×Home value to household income
Median rent takes about 21% of the median household income in ZIP 87031.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $42,000 a year. In New Mexico that leaves roughly $2,822 a month after tax. See the full paycheck breakdown for $40,000.
Other ZIP codes in Valencia County
All ZIP codes in New Mexico · Highest-paying jobs in New Mexico
Source: Census ACS 2024 ACS 5-year, ZIP code tabulation areas. ZCTAs approximate postal ZIP codes and can differ from them. Small areas carry larger margins of error.