New Mexico

Socorro County

ZIP 87828

16,308 residents$47,556 median HHI10 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$143,200

ACS 5-Year

Cap rate proxy

5.5%

FMR × 0.65 ÷ Home Value

Rent-to-income

16.5%

HUD FMR ÷ ACS HHI

Net migration

+0.65%

IRS SOI

Permits (TTM)

Census BPS

Climate risk

61.5

FEMA NRI (0–100)

ZIP 87828

Median home value

$143,200

Gross yield

8.2%

Cap rate

5.5%

Rent gap

32.9%

Affordability

P/I: 3.0R/I:

Section 8 detail

SAFMR: $973Rent: $653Gap: 49.0%
ZIP code breakdown10 ZIP codes

Numbers repeat across most ZIPs in this county

ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.

ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
87006$143,200county est.$9738.2%5.5%32.9%
87011$143,200county est.$9738.2%5.5%32.9%
87028$143,200county est.$9738.2%5.5%32.9%
87062$143,200county est.$9738.2%5.5%32.9%
87801$193,960$9736.0%4.0%32.9%

Ranked by composite score

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Demographics

Owner-occupied

73.5%

Census ACS

Vacancy rate

31.7%

Census ACS

Bachelor's degree +

21.0%

Census ACS

Rent burdened

48.4%

Census ACS (>30% income)

Median age

39.7

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