ZIP code 87114: income, home prices and cost of living
The median household income in ZIP 87114 is $77,743, which is 53% above the New Mexico median of $50,827 and 13% above the national figure. The typical home is valued at $272,400, and the median rent is $1,220/month. 68.2% of households own their home.
Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.
Median household income
$77,743
- New Mexico average
- $50,82753%
- National
- $68,75013%
Median home value
$272,400
- New Mexico average
- $160,90069%
- National
- $209,60030%
Median gross rent
$1,220
- New Mexico average
- $85742%
- National
- $98424%
Median age
37.3 yrs
- New Mexico average
- 39.1 yrs5%
- National
- 41.0 yrs9%
Homeownership rate
68.2%
- New Mexico average
- 76.1%10%
- National
- 75.8%10%
Bachelor's degree or higher
24.6%
- New Mexico average
- 11.2%120%
- National
- 15.9%55%
How ZIP 87114 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 87114
Searches for the cost of living in 87114, the median household income in 87114, average rent in 87114 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 87114
- median household income in 87114
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Methodology
Figures describe ZIP Code Tabulation Area 87114, 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.