ZIP code 87104: income, home prices and cost of living

The median household income in ZIP 87104 is $65,060, which is 28% above the New Mexico median of $50,827 and 5% below the national figure. The typical home is valued at $292,300, and the median rent is $1,017/month. 64.5% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$65,060

New Mexico average
$50,82728%
National
$68,7505%

Median home value

$292,300

New Mexico average
$160,90082%
National
$209,60039%

Median gross rent

$1,017

New Mexico average
$85719%
National
$9843%

Median age

41.2 yrs

New Mexico average
39.1 yrs5%
National
41.0 yrs

Homeownership rate

64.5%

New Mexico average
76.1%15%
National
75.8%15%

Bachelor's degree or higher

23.8%

New Mexico average
11.2%113%
National
15.9%50%

How ZIP 87104 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.

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What people search about ZIP 87104

Searches for the cost of living in 87104, the median household income in 87104, average rent in 87104 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.

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Methodology

Figures describe ZIP Code Tabulation Area 87104, 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.