Zip Code
87940
City
Rincon, NM
Population & Migration
What is the forecasted population for Zip code 87940 Rincon, NM?
- Population census 2020
- 730
- Forecasted population 2025
- 434
- -0.41% vs. 2020
- Forecasted population 2030
- 437
- -0.40% vs. 2020
Zip code 87940 Rincon, NM population is forecasted to decrease -0.41% by 2025 (-45.2 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 434 people for 2025 zip code 87940 Rincon, NM will generate a good demand for housing, which is expected to have an excess of -72 houses for 2030. Vacancy rate is 8.4 points above national US average.
- Total homes available 2020
- 182
- Estimated total home demand in 2030
- 109
- Total homes balance inventory
- -72
Average Household Income in zip code 87940 Rincon, NM
from Internal Revenue Service
- Average household income in 2021
- $31,811
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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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 87940 Rincon, NM?
County total number of drinking water violations
495
+103%
244
County total number of drinking water contaminations
40
+67%
24
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