ZIP Code 87021 — Milan village, NM Demographics & Data

ZIP code 87021 covers Milan, NM in Cibola County with a population of about 3,164.

At a glance, the area shows median age of 38.3 (near the U.S. median).

It sits in telephone area code 505; U.S. House district NM-2; the ALBUQUERQUE - SANTA FE media market.

Median household income in ZIP 87021 is about $39,041 — about 48% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 20.2%; unemployment rate near 10.3%; 8.4% of adults with a bachelor’s degree or higher (about 25.3 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade, Other services, and Public administration; about 1.3% of workers reporting work-from-home (about 13.9 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $131,500 — about 62% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $591 (about 49% below the U.S. median rent ($1,163)), and owner-occupancy near 64.4% (about 1.0 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 87021 in Milan, NM, a household would need roughly $36,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $845. That is roughly in line with the local median household income ($39,041). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Milan village, NM as Relatively Low (composite score 58.4), which is near the middle of the national distribution. The strongest component scores on US5 are wildfire (83.1) and flood (73.4). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Milan village, NM show little to no average snow.

IRS migration statistics show a net inflow of about 100 for ZIP 87021 (Milan village, NM) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.