87010 Zip Code

April 19, 2024

Zip Code:	87010
City/Town:	Madrid
State:	New Mexico

Population:	1,139
Per Capita Income:	$34,066
Mean Household Income:	$59,335

Total Housing Units:	624
Median Home Value:	$92,700
Median Year Homes Built:	1983

Land Area:	163.4 sq miles 423.2 sq kilometers
Water Area:	0.0 sq miles 0.0 sq kilometers

Population Information (87010 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

1,139

Male:

585

51.4%

49.2%

Female:

554

48.6%

50.8%

Median Age:

53.0 yrs

37.2 yrs

Under 5 years:

1.9%

6.5%

5 to 9 years:

2.0%

6.6%

10 to 19 years:

6.9%

13.8%

20 to 29 years:

5.7%

13.8%

30 to 39 years:

100

8.8%

13.0%

40 to 49 years:

196

17.2%

14.2%

50 to 59 years:

276

24.2%

13.6%

60 to 69 years:

249

21.9%

9.4%

70 to 79 years:

6.9%

5.4%

80 years and over:

2.5%

3.7%

Housing Information (87010 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$92,700

$119,600

Median year homes build:

1983

1971

Median real estate taxes:

$575 / yr.

$1,334 / yr.

Median rent:

$478 / mo.

$519 / mo.

Total households:

624

Family households:

268

42.9%

66.4%

Nonfamily households:

356

57.1%

33.6%

Households with individuals under 18 years:

13.9%

33.4%

Households with individuals 65 years and over:

144

23.1%

24.9%

Average household size:

1.8

Average family size:

2.6

Total housing units:

848

Occupied housing units:

624

73.6%

88.6%

Vacant housing units:

224

26.4%

11.4%

For rent:

1.8%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

1.8%

1.4%

Sold, not occupied:

0.7%

0.3%

For seasonal, recreational, or occasional use:

9.3%

3.5%

All other vacants:

109

12.9%

2.8%

Homeowner vacancy rate:

3.2%

2.4%

Rental vacancy rate:

8.1%

9.2%

Owner-occupied housing units:

454

Population in owner-occupied housing units:

889

Average household size of owner-occupied units:

2.0

2.65

Renter-occupied housing units:

170

Population in renter-occupied housing units:

250

Average household size of renter-occupied units:

1.5

2.44

Educational Attainment (87010 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

640

Less than 9th grade:

4.1%

6.2%

9th to 12th grade, no diploma:

8.8%

8.7%

High school graduate (includes equivalency):

13.3%

29.0%

Some college, no degree:

126

19.7%

20.6%

Associate degree:

3.1%

7.5%

Bachelor's degree:

183

28.6%

17.6%

Graduate or professional degree:

144

22.5%

10.3%

Percent high school graduate or higher:

87.2%

85.0%

Percent bachelor's degree or higher:

51.1%

27.9%

Income Information (87010 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

286

25.1%

50.4%

Median income:

$34,688 / yr.

$27,932 / yr.

Full-time, year-round workers:

138

12.1%

59.7%

Median income:

$50,125 / yr.

$38,349 / yr.

Females 15 years and over with income:

310

27.2%

49.6%

Median income:

$31,667 / yr.

$16,327 / yr.

Full-time, year-round workers:

7.3%

40.3%

Median income:

$38,750 / yr.

$28,135 / yr.

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