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

Population 6,928
Median Household Income $42,030
Median Home Value $122,800
Median Rent $666
Median Age 46.3
Unemployment Rate 2.8%
Poverty Rate 18.3%
Bachelor's Degree or Higher 19.5%
County Colfax County
State New Mexico

ZIP 87740 vs. New Mexico vs. U.S.

MetricZIP 87740NM Avg.U.S. Avg.
Population6,9285,89610k
Median Household Income$42k$55k$73k
Median Home Value$122k$190k$258k
Median Rent$666$897$1,088
Median Age46.346.243.2
Unemployment Rate2.8%6.3%5.0%
Poverty Rate18.3%19.9%13.3%
Bachelor's Degree or Higher19.5%23.0%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

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