87420 Zip Code

April 20, 2024

Zip Code:	87420
City/Town:	Tocito
State:	New Mexico

Population:	11,967
Per Capita Income:	$9,629
Mean Household Income:	$37,532

Total Housing Units:	3,474
Median Home Value:	$31,300
Median Year Homes Built:	1979

Land Area:	535.7 sq miles 1,387.5 sq kilometers
Water Area:	3.5 sq miles 9.1 sq kilometers

Population Information (87420 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

11,967

Male:

5,827

48.7%

49.2%

Female:

6,140

51.3%

50.8%

Median Age:

30.3 yrs

37.2 yrs

Under 5 years:

1,063

8.9%

6.5%

5 to 9 years:

1,051

9.2%

6.6%

10 to 19 years:

2,064

17.2%

13.8%

20 to 29 years:

1,763

14.7%

13.8%

30 to 39 years:

1,409

11.8%

13.0%

40 to 49 years:

1,565

13.1%

14.2%

50 to 59 years:

1,445

12.1%

13.6%

60 to 69 years:

894

7.5%

9.4%

70 to 79 years:

515

4.3%

5.4%

80 years and over:

198

1.7%

3.7%

Housing Information (87420 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$31,300

$119,600

Median year homes build:

1979

1971

Median real estate taxes:

$234 / yr.

$1,334 / yr.

Median rent:

$137 / mo.

$519 / mo.

Total households:

3,474

Family households:

2,736

78.8%

66.4%

Nonfamily households:

738

21.2%

33.6%

Households with individuals under 18 years:

1,745

50.2%

33.4%

Households with individuals 65 years and over:

860

24.8%

24.9%

Average household size:

3.4

Average family size:

3.9

Total housing units:

4,050

Occupied housing units:

3,474

85.8%

88.6%

Vacant housing units:

576

14.2%

11.4%

For rent:

2.0%

3.1%

Rented, not occupied:

0.4%

0.2%

For sale only:

0.0%

1.4%

Sold, not occupied:

0.0%

0.3%

For seasonal, recreational, or occasional use:

177

4.4%

3.5%

All other vacants:

299

7.4%

2.8%

Homeowner vacancy rate:

0.0%

2.4%

Rental vacancy rate:

6.1%

9.2%

Owner-occupied housing units:

2,269

Population in owner-occupied housing units:

7,851

Average household size of owner-occupied units:

3.5

2.65

Renter-occupied housing units:

1,205

Population in renter-occupied housing units:

4,038

Average household size of renter-occupied units:

3.4

2.44

Educational Attainment (87420 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

5,408

Less than 9th grade:

915

16.9%

6.2%

9th to 12th grade, no diploma:

944

17.5%

8.7%

High school graduate (includes equivalency):

1,510

27.9%

29.0%

Some college, no degree:

1,188

22.0%

20.6%

Associate degree:

535

9.9%

7.5%

Bachelor's degree:

201

3.7%

17.6%

Graduate or professional degree:

115

2.1%

10.3%

Percent high school graduate or higher:

65.6%

85.0%

Percent bachelor's degree or higher:

5.8%

27.9%

Income Information (87420 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:

2,737

22.9%

50.4%

Median income:

$13,838 / yr.

$27,932 / yr.

Full-time, year-round workers:

1,126

9.4%

59.7%

Median income:

$25,337 / yr.

$38,349 / yr.

Females 15 years and over with income:

2,563

21.4%

49.6%

Median income:

$10,347 / yr.

$16,327 / yr.

Full-time, year-round workers:

809

6.8%

40.3%

Median income:

$18,393 / yr.

$28,135 / yr.

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