About Zip Code 87416

87416 is a zip code in the Farmington Metropolitan area. It has a population of 4,470 and a population density of 49, which is 48% below the national average. It has a median age of 38, which is 3 years above the Farmington Metro median age and 1 year below the national average.


Zip code 87416 has a median home value of $237,975, which is 3% above the Metro average.The average rent of $981 is 24% below the metro average rent and 53% below the national average rent The average household income in zip code 87416 is $42,346 , which is 16% below the Metro average household income and 43% below the national average of household income.

$237,975Median Home Value
$229,896 Farmington Metro Area
$981Median Rent
$1,283 Farmington Metro Area

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Zip code 87416's population is made up of 39% married, 50% single, 7% divorced and 4% widowed. Baby Boomers make up the largest percentage of the population at 38%, while Millennials have the second largest segment at 28%. Homeowners make up 80% of the population in zip code 87416.

4,470Population
120,675 Farmington Metro Area
49Population Density
  • 51% Male
  • 49% Female
38 Median Age
35 Farmington Metro Area
See Detailed Demographics Data for Zip Code 87416

The Per Capita income in zip code 87416 is $21,009. The Median Household Income is $42,346

$21,009Income Per Capita
$29,194 Farmington Metro Area
$42,346Median Household Income
$57,324 Farmington Metro Area
32% Poverty Rate
21% Farmington Metro Area
13% Unemployment Rate
6% Farmington Metro Area
See Detailed Employment Data for Zip Code 87416
Amenities in Zip Code 87416
See Detailed Amenities Data for Zip Code 87416
$237,975Median Home Value
$229,896 Farmington Metro Area
$981Median Rent
$1,283 Farmington Metro Area
2Average Household Size
3 Farmington Metro Area

Occupancy Type

Renters
20%
Home Owners
80%
See Detailed Real Estate Data for Zip Code 87416
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