87402 Zip Code

April 19, 2024

Zip Code:	87402
City/Town:	Farmington
State:	New Mexico

Population:	11,034
Per Capita Income:	$26,240
Mean Household Income:	$70,718

Total Housing Units:	3,995
Median Home Value:	$111,900
Median Year Homes Built:	1979

Land Area:	11.5 sq miles 29.7 sq kilometers
Water Area:	0.2 sq miles 0.4 sq kilometers

Population Information (87402 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

11,034

Male:

5,488

49.7%

49.2%

Female:

5,546

50.3%

50.8%

Median Age:

35.3 yrs

37.2 yrs

Under 5 years:

837

7.6%

6.5%

5 to 9 years:

888

7.3%

6.6%

10 to 19 years:

1,623

14.7%

13.8%

20 to 29 years:

1,430

13.0%

13.8%

30 to 39 years:

1,381

12.5%

13.0%

40 to 49 years:

1,460

13.2%

14.2%

50 to 59 years:

1,674

15.2%

13.6%

60 to 69 years:

957

8.7%

9.4%

70 to 79 years:

517

4.7%

5.4%

80 years and over:

267

2.4%

3.7%

Housing Information (87402 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$111,900

$119,600

Median year homes build:

1979

1971

Median real estate taxes:

$640 / yr.

$1,334 / yr.

Median rent:

$480 / mo.

$519 / mo.

Total households:

3,995

Family households:

3,041

76.1%

66.4%

Nonfamily households:

954

23.9%

33.6%

Households with individuals under 18 years:

1,528

38.2%

33.4%

Households with individuals 65 years and over:

834

20.9%

24.9%

Average household size:

2.8

Average family size:

3.1

Total housing units:

4,239

Occupied housing units:

3,995

94.2%

88.6%

Vacant housing units:

244

5.8%

11.4%

For rent:

1.4%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.5%

1.4%

Sold, not occupied:

0.2%

0.3%

For seasonal, recreational, or occasional use:

0.8%

3.5%

All other vacants:

1.8%

2.8%

Homeowner vacancy rate:

1.9%

2.4%

Rental vacancy rate:

6.7%

9.2%

Owner-occupied housing units:

3,179

Population in owner-occupied housing units:

8,652

Average household size of owner-occupied units:

2.7

2.65

Renter-occupied housing units:

816

Population in renter-occupied housing units:

2,382

Average household size of renter-occupied units:

2.9

2.44

Educational Attainment (87402 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

5,396

Less than 9th grade:

127

2.4%

6.2%

9th to 12th grade, no diploma:

459

8.5%

8.7%

High school graduate (includes equivalency):

1,564

29.0%

Some college, no degree:

1,683

31.2%

20.6%

Associate degree:

411

7.6%

7.5%

Bachelor's degree:

677

12.5%

17.6%

Graduate or professional degree:

475

8.8%

10.3%

Percent high school graduate or higher:

89.1%

85.0%

Percent bachelor's degree or higher:

21.3%

27.9%

Income Information (87402 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:

2,962

26.8%

50.4%

Median income:

$35,551 / yr.

$27,932 / yr.

Full-time, year-round workers:

1,745

15.8%

59.7%

Median income:

$42,420 / yr.

$38,349 / yr.

Females 15 years and over with income:

2,608

23.6%

49.6%

Median income:

$15,669 / yr.

$16,327 / yr.

Full-time, year-round workers:

962

8.7%

40.3%

Median income:

$25,382 / yr.

$28,135 / yr.

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