ZIP Code 87740 is associated with the U.S. city Raton in New Mexico (Colfax County). The current population estimate for the ZIP Code is 7,007. In this New Mexico region, an estimated 17.2% have a bachelor's degree or higher, while the per capita income comes in at about $23,500. Approximately 17% of the population lives below the poverty line, while the median househould income sits at $33,222.
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The median household income in ZIP Code 87740 is $33,222, while the region's mean household income is $46,724. Breaking income down further, per capita income in the region is $23,500. The per capita income in ZIP Code 87740 of $23,500 is approximately 13.7% less than the per capita income in the U.S. overall of $27,230. An estimated 16.5% of the population is living below the poverty line in this region. This rate is approximately73.68% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 21.4% of the population in 87740 earn $15,000 to $24,999 per year, while an estimated 13.6% earn $35,000 to $49,999 per year, and 0.8% of 87740 residents earn $200,000 or more per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 9.8% |
| $10,000 to $14,999 per year | 8.2% |
| $15,000 to $24,999 per year | 21.4% |
| $25,000 to $34,999 per year | 13.4% |
| $35,000 to $49,999 per year | 13.6% |
| $50,000 to $74,999 per year | 12.7% |
| $75,000 to $99,999 per year | 7.1% |
| $100,000 to $149,999 per year | 11.3% |
| $150,000 to $199,999 per year | 1.6% |
| $200,000 or more per year | 0.8% |
Looking at race in the population that makes up ZIP Code 87740, 95.1% is one race, while 4.9% are two or more races. Approximately 50.9% of 87740 residents are hispanic or Latino (of any race). The most common race in 87740 (race alone or in combination with one or more other races), is White (92.1%), followed by Some other race (7.5%) .
| Industry | Percent |
|---|---|
| White | 92.1% |
| Black or African American | 0.3% |
| American Indian and Alaska Native | 3.9% |
| Asian | 1.1% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 7.5% |
Residents of ZIP Code 87740 are older than average. The median age of 48.1 years in ZIP Code 87740 is approximately 26.25% higher than the overall median age in the U.S. of 38.1 years. About 80.4% of residents are aged 18 years and older, and 34.5% of residents are 62 years and over. Approximately 16.0% of the population in 87740 falls in the age group 65 to 74 years, while an estimated 11.5% are aged 25 to 34 years. On the low end of the scale, 3.5% of 87740 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 6.3% |
| 5 to 9 years | 7.0% |
| 10 to 14 years | 3.7% |
| 15 to 19 years | 4.6% |
| 20 to 24 years | 4.5% |
| 25 to 34 years | 11.5% |
| 35 to 44 years | 10.4% |
| 45 to 54 years | 8.3% |
| 55 to 59 years | 6.3% |
| 60 to 64 years | 9.3% |
| 65 to 74 years | 16.0% |
| 75 to 84 years | 8.6% |
| 85 years and over | 3.5% |
In ZIP Code 87740, 88.1% of the population graduated high school, while 17.2% have a bachelor's degree or higher. In this region, 5.1% achieved an education level less than 9th grade, while 8.7% hold a graduate or professional degree. Approximately 34.3% in this Colfax County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 5.1% |
| 9th to 12th grade, no diploma | 6.8% |
| High school graduate (includes equivalency) | 34.3% |
| Some college, no degree | 26.3% |
| Associate's degree | 10.2% |
| Bachelor's degree | 8.6% |
| Graduate or professional degree | 8.7% |
One of the leading chronic health issues in ZIP Code 87740 is high blood pressure, as an estimated 37.6% of adults aged 18 and older deal with this issue. Another chronic health issue of concern for residents of 87740 is high cholesterol, as approximately 36.4% of adults 18 and older in this Colfax County region contend with that issue.
| Health Issue | Percent of adults* |
|---|---|
| Arthritis | 29.3% |
| High blood pressure | 37.6% |
| Cancer (excluding skin cancer) | 7.3% |
| Current asthma | 10.7% |
| Coronary heart disease | 8.1% |
| Diagnosed diabetes | 15.7% |
| High cholesterol | 36.4% |
| Chronic kidney disease | 4.2% |
| Stroke | 4.1% |
One of the top preventative health measures in ZIP Code 87740 is current access to health insurance, as an estimated 86.9% of adults 18 and older take part in this preventive measure. Additionally, 80.9% of those 18 and above in 87740 list cholesterol screening, as a preventive measure. Common health risk behaviors in 87740 include obesity (38.7% of adults aged 18 and above) and sleeping less than 7 hours (30.7% of those 18 and older).
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 86.9% |
| Taking medicine for high blood pressure control | 79.0% |
| Visits to doctor for routine checkup | 67.2% |
| Cholesterol screening | 80.9% |
| Visits to dentist or dental clinic | 57.7% |
| Risk Behavior | Percent of adults* |
|---|---|
| Binge drinking | 12.7% |
| Current smoking | 16.9% |
| No leisure-time physical activity | 28.3% |
| Obesity | 38.7% |
| Sleeping less than 7 hours | 30.7% |
In 87740, 51.6% of the population is in the labor force. Recent estimates place 4.0% as working from home, while the total labor force in the region has a mean travel to time to work of 13.8 minutes. Approximately 26.2% of the employed population 16 years and over in 87740 work in educational services, and health care and social assistance, while an estimated 14.6% work in arts, entertainment, and recreation, and accommodation and food services. On the lower end of the scale, just 0.9% of 87740 workers 16 years and over work in wholesale trade.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 4.1% |
| Construction | 10.5% |
| Manufacturing | 6.0% |
| Wholesale trade | 0.9% |
| Retail trade | 12.9% |
| Transportation and warehousing, and utilities | 3.4% |
| Information | 1.6% |
| Finance and insurance, and real estate and rental and leasing | 5.9% |
| Professional, scientific, management, and administrative | 3.6% |
| Educational services, and health care and social assistance | 26.2% |
| Arts, entertainment, and recreation, and accommodation and food services | 14.6% |
| Other services, except public administration | 1.9% |
| Public administration | 8.4% |
In ZIP Code 87740, 82.1% of the population lists "English only" as the language spoken in home, while 17.4% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.4% of homes, and other Indo-European languages are spoken in 0.0% of homes. Lastly, 0.0% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Colfax County region.
| Language Spoken | Percent |
|---|---|
| English only | 82.1% |
| Spanish | 17.4% |
| Other Indo-European languages | 0.4% |
| Asian and Pacific Islander languages | 0.0% |
| Other languages | 0.0% |
Regarding the age of homes in ZIP Code 87740, an estimated 26.3% of homes were built in 1939 or earlier. Additionally, 17.1% of homes in the region were built between 1950 and 1959, while an estimated 0.4% of homes were built between 2010 and 2013 in this Colfax County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.5% |
| Built between 2010 and 2013 | 0.4% |
| Built between 2000 and 2009 | 4.6% |
| Built between 1990 and 1999 | 11.1% |
| Built between 1980 and 1989 | 10.2% |
| Built between 1970 and 1979 | 15.3% |
| Built between 1960 and 1969 | 5.8% |
| Built between 1950 and 1959 | 17.1% |
| Built between 1940 and 1949 | 8.8% |
| Built in 1939 or earlier | 26.3% |
Regarding consumer complaints about financial products in ZIP Code 87740, checking or savings account have received the most complaints in 87740 in the past 12 months. Debt collection received the second most complaints. The most frequent complaint overall in this Colfax County region was managing an account.
| Complaint Product | Number of Complaints* |
|---|---|
| Checking or savings account | 3 |
| Debt collection | 1 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Managing an account | 3 |
| Written notification about debt | 1 |
Regarding solar power potential, ZIP Code 87740 has an average daily solar radiation level of 6.33 kWh/m2/day. This is approximately 53.64% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 3.95% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 87740 | 16.75¢/kWh | 17.39¢/kWh | 14.95¢/kWh |
| New Mexico | 14.14¢/kWh | 10.5¢/kWh | 5.65¢/kWh |
| United States | 16.1¢/kWh | 12.81¢/kWh | 7.81¢/kWh |
| Month | ZIP Code 87740 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 5.77 | 1.9 | 5.84 |
| Feb | 6.34 | 3 | 6.31 |
| Mar | 6.66 | 3.65 | 7.02 |
| Apr | 6.76 | 5.13 | 7.3 |
| May | 6.56 | 5.17 | 7.13 |
| Jun | 6.58 | 5.72 | 6.95 |
| Jul | 6.29 | 6.22 | 6.51 |
| Aug | 6.4 | 6.08 | 6.65 |
| Sep | 6.83 | 5.15 | 7.02 |
| Oct | 6.59 | 3.32 | 6.92 |
| Nov | 5.87 | 2.33 | 5.99 |
| Dec | 5.26 | 1.78 | 5.46 |