ZIP Code 87723 — undefined, NM Demographics & Data

ZIP code 87723 covers NM in Mora County with a population of about 565.

At a glance, the area shows median age of 30.5 versus a U.S. median of about 38.9.

It sits in telephone area code 575; U.S. House district NM-3; the ALBUQUERQUE - SANTA FE media market.

On socioeconomic markers, US5 shows a poverty rate of 6.7%; unemployment rate near 0.0%.

Labor and commute patterns include leading industry context around Transportation, Construction, and Healthcare; about 13.1% of workers reporting work-from-home (about 2.1 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 $177,800 — about 49% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 100.0% (about 34.6 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 87723 in NM, a household would need roughly $49,000 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 $1,142. 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 NM as Very Low (composite score 38.8), which is relatively lower than many U.S. communities. The strongest component scores on US5 are wildfire (95.9) and flood (50.7). 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 NM show little to no average snow and around 24.9 inches of annual precipitation.

IRS migration statistics show a net inflow of about 18 for ZIP 87723 (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.