ZIP Code 87740 — Raton city, NM Demographics & Data

ZIP code 87740 covers Raton, NM in Colfax County with a population of about 7,055.

At a glance, the area shows median age of 46.3 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.

Median household income in ZIP 87740 is about $52,856 — about 30% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 18.3%; unemployment rate near 2.8%; 19.5% of adults with a bachelor’s degree or higher (about 14.2 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Other services; about 4.5% of workers reporting work-from-home (about 10.7 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 $157,000 — about 55% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $578 (about 50% below the U.S. median rent ($1,163)), and owner-occupancy near 72.6% (about 7.2 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 87740 in Raton, NM, a household would need roughly $43,000 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 $1,009. That sits below the local median household income ($52,856), suggesting the typical household income is closer to a workable buy-in level under these assumptions. 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 Raton city, NM as Relatively Low (composite score 58.5), which is near the middle of the national distribution. The strongest component scores on US5 are wildfire (97.5) and flood (58.6). 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 Raton city, NM show little to no average snow and around 13.7 inches of annual precipitation.

IRS migration statistics show a net inflow of about 223 for ZIP 87740 (Raton city, 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.