87056 Income Statistics

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Comparison to Surrounding Areas

87056 Median Household Income

The median household income ($70,699) for 87056 is less than the median household income for 87015 ($71,616), 87047 ($109,525), 87562 ($90,708), and 88321 ($76,121). But it's more than 87560 ($27,120), 87010 ($37,285), 87035 ($49,647), 87070 ($-1), 87540 ($63,140), Santa Fe County ($70,522), San Miguel County ($43,490), Cedar Grove CDP ($61,020), and Stanley CDP ($-1).

87056	$70,699
Cedar Grove CDP	$61,020
Stanley CDP	$-1
San Miguel County	$43,490
Santa Fe County	$70,522

87056 Average Household Income

The average household income ($82,760) for 87056 is less than the average household income for 87015 ($85,132), 87047 ($129,163), 87540 ($83,123), Santa Fe County ($99,932), and Stanley CDP ($121,900). But it's more than 88321 ($72,858), 87560 ($52,315), 87562 ($79,394), 87010 ($48,150), 87035 ($65,045), 87070 ($-1), San Miguel County ($59,418), and Cedar Grove CDP ($81,039).

87056	$82,760
Cedar Grove CDP	$81,039
Stanley CDP	$121,900
San Miguel County	$59,418
Santa Fe County	$99,932

87056 Per-Capita Income

The per-capita income for 87056 is $37,367. The per capita income ($37,367) for 87056 is less than the per capita income for 87047 ($52,706), 87540 ($50,200), Santa Fe County ($45,402), Cedar Grove CDP ($50,569), and Stanley CDP ($87,443). But it's more than 88321 ($19,656), 87010 ($31,026), 87015 ($35,348), 87035 ($22,054), 87070 ($-1), 87560 ($19,766), 87562 ($21,203), and San Miguel County ($26,314).

87056	$37,367
Cedar Grove CDP	$50,569
Stanley CDP	$87,443
San Miguel County	$26,314
Santa Fe County	$45,402

87056 High Income Households

7.1% of households make over $200,000 a year. The percent high income households (7.1%) for 87056 is more than 88321 (0.0%), 87070 (0.0%), 87540 (6.6%), 87560 (0.0%), 87562 (0.0%), 87010 (1.2%), 87015 (6.7%), 87035 (2.9%), 87047 (15.7%), Santa Fe County (10.0%), San Miguel County (2.9%), Cedar Grove CDP (7.1%), and Stanley CDP (28.1%).

87056	7.1%
Cedar Grove CDP	7.1%
Stanley CDP	28.1%
San Miguel County	2.9%
Santa Fe County	10.0%

87056 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
87056	$-1	$128,828	$71,765	$62,181
Cedar Grove CDP	$-1	$96,402	$126,591	$-1
Stanley CDP	$-1	$-1	$-1	$-1
San Miguel County	$-1	$36,778	$50,305	$40,039
Santa Fe County	$36,919	$69,671	$79,154	$64,938

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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 87056 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

	Median Household Income	Average Household Income	Per Capita Income	High Income Households	Median Household Income by Age of Householder
	Median Household Income	Average Household Income	Per Capita Income	High Income Households	under 25	25 to 44	45 to 64	65+
87056	+/-$19,349	+/-$14,688	+/-$7,204	+/-7.1%	+/-$-1	+/-$15,085	+/-$35,954	+/-$21,417
Cedar Grove CDP	+/-$29,933	+/-$32,148	+/-$17,805	+/-8.6%	+/-$-1	+/-$71,034	+/-$92,533	+/-$-1
Stanley CDP	+/-$-1	+/-$58,128	+/-$55,857	+/-31.9%	+/-$-1	+/-$-1	+/-$-1	+/-$-1
San Miguel County	+/-$5,801	+/-$4,631	+/-$1,481	+/-1.3%	+/-$-1	+/-$13,633	+/-$6,837	+/-$6,888
Santa Fe County	+/-$2,573	+/-$2,974	+/-$1,356	+/-0.8%	+/-$10,792	+/-$4,526	+/-$3,578	+/-$5,255