87740 ZIP Code – Raton, New Mexico
Located in Raton, New Mexico, ZIP code 87740 is a mid-sized ZIP code within Colfax County with a population of approximately 6,928 residents. The median household income is $42,030 — below the New Mexico average and well below the national average. Homes in this ZIP code have a median value of $122,800, well below the national average, with 71.1% owner-occupied housing (increasing). , and the median rent of $666 is below the national average. Housing consists of 75% single-family (increasing), 6% duplex/multi-family.
The unemployment rate is 2.8%, well below the national average. An estimated 18.3% of the population falls below the poverty line, above the national figure. About 19.5% of residents have completed a four-year degree, below the national rate. Residents have a median age of 46.3, near the U.S. median. The surrounding area includes ZIP codes 87728, 88414, 81081.
ZIP Code 87740 Data
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ZIP 87740 vs. New Mexico vs. U.S.
| Metric | ZIP 87740 | NM Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 6,928 | 5,896 | 10k |
| Median Household Income | $42k | $55k | $73k |
| Median Home Value | $122k | $190k | $258k |
| Median Rent | $666 | $897 | $1,088 |
| Median Age | 46.3 | 46.2 | 43.2 |
| Unemployment Rate | 2.8% | 6.3% | 5.0% |
| Poverty Rate | 18.3% | 19.9% | 13.3% |
| Bachelor's Degree or Higher | 19.5% | 23.0% | 26.9% |
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Nearby ZIP Codes
- 87728 – Maxwell
- 88414 – Capulin
- 81081 – Trinchera
- 87747 – Springer
- 81082 – Trinidad
- 81046 – Hoehne
- 88422 – Gladstone
- 81024 – Boncarbo
- 87729 – Miami
- 87714 – Cimarron
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 87728 | MAXWELL | 619 | $40,833 |
| 88414 | CAPULIN | 127 | $39,028 |
| 81081 | TRINCHERA | 99 | $37,027 |
| 87747 | SPRINGER | 1,682 | $52,813 |
| 81082 | TRINIDAD | 11,894 | $52,393 |