ZIP code 87002: income, home prices and cost of living
The median household income in ZIP 87002 is $50,655, which is 0% below the New Mexico median of $50,827 and 26% below the national figure. The typical home is valued at $152,400, and the median rent is $834/month. 79.7% of households own their home.
Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.
Median household income
$50,655
- New Mexico average
- $50,827
- National
- $68,75026%
Median home value
$152,400
- New Mexico average
- $160,9005%
- National
- $209,60027%
Median gross rent
$834
- New Mexico average
- $8573%
- National
- $98415%
Median age
47.4 yrs
- New Mexico average
- 39.1 yrs21%
- National
- 41.0 yrs16%
Homeownership rate
79.7%
- New Mexico average
- 76.1%5%
- National
- 75.8%5%
Bachelor's degree or higher
11.9%
- New Mexico average
- 11.2%6%
- National
- 15.9%25%
How ZIP 87002 compares with New Mexico and the U.S.
State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.
Get a free review of your debt options
Household income in 87002 runs below the New Mexico median, which makes debt payments bite harder. A vetted specialist can walk you through the options.
Review my debt optionsNearby ZIP codes in New Mexico
Run your own numbers
See every local figure on the New Mexico money guide.
What people search about ZIP 87002
Searches for the cost of living in 87002, the median household income in 87002, average rent in 87002 and home values in this part of New Mexico all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.
- cost of living in 87002
- median household income in 87002
- home values in 87002
- average rent in 87002
- property tax in 87002
- housing market in 87002
Methodology
Figures describe ZIP Code Tabulation Area 87002, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.
State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.
Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.