ZIP Code 87023 — Jarales CDP, NM Demographics & Data

ZIP code 87023 covers Jarales, NM in Valencia County with a population of about 222.

At a glance, the area shows median age of 61.1 versus a U.S. median of about 38.9.

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

Jarales, NM fits a retirement-oriented profile (older median age or known retirement-community context). Residents and relocators commonly research healthcare access, everyday amenities (dining, personal services), and housing costs rather than tech or campus life.

Median household income in ZIP 87023 is about $25,043 — about 67% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 18.5%; unemployment rate near 0.0%; 7.2% of adults with a bachelor’s degree or higher (about 26.5 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Other services, Construction, and Transportation; a mean commute of about 56.0 minutes (U.S. average near 26.8).

Median home value is about $153,300 — about 56% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 82.3% (about 16.9 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 87023 in Jarales, NM, a household would need roughly $42,000 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 $985. That is about 68% above the local median household income ($25,043), so the median earner would likely stretch or need a larger down payment. 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 Jarales CDP, NM as Relatively Moderate (composite score 82.3), which is elevated versus much of the country. The strongest component scores on US5 are flood (89.6) and wildfire (87.4). 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 Jarales CDP, NM show little to no average snow and around 9.2 inches of annual precipitation.

IRS migration statistics show a net inflow of about 7 for ZIP 87023 (Jarales CDP, 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.