Farmington, NM — Demographics & Statistics
ZIP code 87401 serves a portion of Farmington, New Mexico, within San Juan County. This community is home to approximately 37,873 residents, with a median age of 33.0 years. The median household income of $50,207 sits below the national median of $67,521, while median home values of $306,262 are above the national average of $301,500. The area has a renter-majority housing profile, with 30% owner-occupied and 70% renter-occupied units. Cost of living in this part of Farmington is higher than the national baseline, with an index of 101 (100 = national average). With a college-education rate of 40% and an unemployment rate of 5.2%, 87401 reflects the economic character of San Juan County in New Mexico.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 37,873 | — |
| Population | Density (per sq mi) | 2,241 | — |
| Economics | Median Household Income | $50,207 | ↓ 26% vs nat'l avg |
| Economics | Median Home Value | $306,262 | ↑ 2% vs nat'l avg |
| Economics | Cost of Living Index | 101 | ↑ Higher than avg |
| Economics | Unemployment Rate | 5.2% | ↑ 33% vs nat'l avg |
| Economics | Below Poverty Line | 18.1% | ↑ 59% vs nat'l avg |
| Education | College Educated (25+) | 40% | ↑ 14% vs nat'l avg |
| Demographics | Median Age | 33.0 yrs | ↓ 14% vs nat'l avg |
| Housing | Owner-Occupied | 30% | — |
| Housing | Renter-Occupied | 70% | — |
| Housing | Total Housing Units | 17,421 | — |