New Mexico

San Miguel County

ZIP 87538

27,036 residents0 permits TTM$47,400 median HHI17 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$177,600

ACS 5-Year

Cap rate proxy

5.2%

FMR × 0.65 ÷ Home Value

Rent-to-income

19.6%

HUD FMR ÷ ACS HHI

Net migration

+0.68%

IRS SOI

Permits (TTM)

0

Census BPS

Climate risk

74.6

FEMA NRI (0–100)

ZIP 87538

Median home value

Gross yield

Buy Box score

Section 8 gap

Affordability

P/I: 5.7R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown17 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
877010.1
875520.0
875600.0
87538
87562
87565
87569
87573
87583
87711
87731
87742
87745
87746
88416
88421
88439

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

73.3%

Census ACS

Vacancy rate

19.6%

Census ACS

Bachelor's degree +

26.2%

Census ACS

Rent burdened

46.2%

Census ACS (>30% income)

Median age

46.8

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026