Zip Code

87416

City

Fruitland, NM

Population & Migration

What is the forecasted population for Zip code 87416 Fruitland, NM?

Population census 2020
4,786
Forecasted population 2025
4,316
-0.10% vs. 2020
Forecasted population 2030
4,237
-0.11% vs. 2020

Zip code 87416 Fruitland, NM population is forecasted to decrease -0.10% by 2025 (-14.5 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 4,316 people for 2025 zip code 87416 Fruitland, NM will generate a good demand for housing, which is expected to have an excess of -209 houses for 2030. Vacancy rate is 9.3 points above national US average.

Total homes available 2020
1,831
Estimated total home demand in 2030
1,621
Total homes balance inventory
-209

Average Household Income in zip code 87416 Fruitland, NM
from Internal Revenue Service

Average household income in 2021
$51,674

Affordability

Affordability Index
4

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 87416 Fruitland, NM?

County total number of drinking water violations

235

-4%

244

County total number of drinking water contaminations

14

-42%

24

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