Housing market/New Mexico/ZIP 87747

ACS 2023 · FY2027 SAFMR

ZIP 87747 Springer, Colfax County, New Mexico

Colfax County, NM · New Mexico. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,941
Households
667
Median HH income
$58,542
Renter share
29.4%
Median gross rent
$552
Vacancy
28.7%
Pop. change
+36.4%
2BR SAFMR
$1,010
SAFMR / rent
1.830×
2–49 unit stock
—
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 87747 · NM — sent to you.

ZIP 87747 · NM

ACS median rent$552
2BR SAFMR$1,010
90% floor$909
110% ceiling$1,111

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 87747

  • 1-unit detached73178.2%
  • 1-unit attached303.2%
  • Mobile17418.6%
TypeUnitsShare
1-unit detached73178.2%
1-unit attached303.2%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile17418.6%

2–4 unit share 0.0% · 5–49 unit share 0.0% · combined 2–49 0.0%.

Units by bedrooms

Studio
15
1BR
38
2BR
249
3BR
429
4BR
169
5+
35

Rent burden

Rent ≥30% of income21.4%
Rent ≥50% of income7.1%
  • ACS median gross rent $552 (all bedrooms, occupied rentals).
  • Median contract rent $401.
  • Renters paying ≥30% of income 21.4%; ≥50% 7.1%.
  • FY2027 2BR SAFMR $1,010 (1.830× ACS median gross rent).

Population

1,941 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +36.4%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

What the data shows

ZIP 87747 29.4% of occupied households are renters; vacancy is 28.7%; ACS median gross rent is $552; population increased +36.4% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $552. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

New Mexico research

ZIP 87747 is a Census / HUD profile for Colfax County, NM. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is New Mexico research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 87747?

ZIP 87747 (Colfax County, NM) has 1,941 residents, 667 households, a renter share of 29.4%, median household income of $58,542, and ACS 2023 median gross rent of $552. Vacancy is 28.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 87747?

ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is — units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 87747?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 87747 — Springer, NM HUD Section 8 Payment Standards / SAFMR.

Does this New Mexico ZIP profile include Georgia listings?

No. ZIP 87747 is Census / HUD research for Colfax County, NM. Jeff Crowe CRE does not list New Mexico property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.