87931 Zip Code

April 16, 2024

Zip Code:	87931
City/Town:	Caballo
State:	New Mexico

Population:	634
Per Capita Income:	$17,193
Mean Household Income:	$32,655

Total Housing Units:	324
Median Home Value:	$85,000
Median Year Homes Built:	1979

Land Area:	110.3 sq miles 285.6 sq kilometers
Water Area:	6.6 sq miles 17.0 sq kilometers

Population Information (87931 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

634

Male:

321

50.6%

49.2%

Female:

313

49.4%

50.8%

Median Age:

57.8 yrs

37.2 yrs

Under 5 years:

2.5%

6.5%

5 to 9 years:

4.7%

6.6%

10 to 19 years:

8.8%

13.8%

20 to 29 years:

5.2%

13.8%

30 to 39 years:

5.4%

13.0%

40 to 49 years:

11.7%

14.2%

50 to 59 years:

126

19.9%

13.6%

60 to 69 years:

148

23.3%

9.4%

70 to 79 years:

15.6%

5.4%

80 years and over:

5.5%

3.7%

Housing Information (87931 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$85,000

$119,600

Median year homes build:

1979

1971

Median real estate taxes:

$310 / yr.

$1,334 / yr.

Median rent:

$303 / mo.

$519 / mo.

Total households:

324

Family households:

184

56.8%

66.4%

Nonfamily households:

140

43.2%

33.6%

Households with individuals under 18 years:

13.3%

33.4%

Households with individuals 65 years and over:

152

46.9%

24.9%

Average household size:

2.0

Average family size:

2.5

Total housing units:

441

Occupied housing units:

324

73.5%

88.6%

Vacant housing units:

117

26.5%

11.4%

For rent:

2.3%

3.1%

Rented, not occupied:

0.2%

For sale only:

1.1%

1.4%

Sold, not occupied:

0.2%

0.3%

For seasonal, recreational, or occasional use:

18.1%

3.5%

All other vacants:

4.5%

2.8%

Homeowner vacancy rate:

1.8%

2.4%

Rental vacancy rate:

17.5%

9.2%

Owner-occupied housing units:

278

Population in owner-occupied housing units:

555

Average household size of owner-occupied units:

2.0

2.65

Renter-occupied housing units:

Population in renter-occupied housing units:

Average household size of renter-occupied units:

1.7

2.44

Educational Attainment (87931 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

492

Less than 9th grade:

1.4%

6.2%

9th to 12th grade, no diploma:

13.0%

8.7%

High school graduate (includes equivalency):

144

29.3%

29.0%

Some college, no degree:

161

32.7%

20.6%

Associate degree:

7.7%

7.5%

Bachelor's degree:

9.8%

17.6%

Graduate or professional degree:

6.1%

10.3%

Percent high school graduate or higher:

85.6%

85.0%

Percent bachelor's degree or higher:

15.9%

27.9%

Income Information (87931 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:

247

39.0%

50.4%

Median income:

$24,208 / yr.

$27,932 / yr.

Full-time, year-round workers:

14.7%

59.7%

Median income:

$26,583 / yr.

$38,349 / yr.

Females 15 years and over with income:

241

38.0%

49.6%

Median income:

$10,313 / yr.

$16,327 / yr.

Full-time, year-round workers:

7.3%

40.3%

Median income:

$21,389 / yr.

$28,135 / yr.

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