87723 can be classified socioeconomically as Lower Middle Class class compared to other ZIP Codes in New Mexico based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 87723 is Hispanic. The current unemployment level in 87723 is 4.3%.
| Population | 262 |
| Population Growth Rate | 3.14% |
| Population Density | 176 People per Square Mile |
| Total Households | 181 |
| Median Household Income (2021) | $73,594 |
| Average Adjusted Gross Income (2021) | $84,900 |
| Current Unemployment Rate (May 2026) | 4.3% |
| Sales Tax Rate (2025) | 6.5% |
| Majority Race/Ethnicity | Hispanic - 68.06% |
87723 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 122 | 31.94% |
| Black | 0 | 0% |
| Hispanic | 260 | 68.06% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
87723 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 17 | 7.3% |
| Bachelor Degree | 0 | 0% |
| High School Diploma | 46 | 19.74% |
| No High School Diploma | 25 | 10.73% |
| GED or Alternate | 46 | 19.74% |
| 1 or More Years of College | 47 | 20.17% |
| Associates Degree | 38 | 16.31% |
| Masters Degree | 7 | 3% |
| Professional Degree | 0 | 0% |
| Doctorate Degree | 7 | 3% |
