ZIP code 87547: income, home prices and cost of living

The median household income in ZIP 87547 is $144,661, which is 185% above the New Mexico median of $50,827 and 110% above the national figure. The typical home is valued at $420,000, and the median rent is $1,356/month. 96.8% of households own their home.

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

Median household income

$144,661

New Mexico average
$50,827185%
National
$68,750110%

Median home value

$420,000

New Mexico average
$160,900161%
National
$209,600100%

Median gross rent

$1,356

New Mexico average
$85758%
National
$98438%

Median age

41.2 yrs

New Mexico average
39.1 yrs5%
National
41.0 yrs

Homeownership rate

96.8%

New Mexico average
76.1%27%
National
75.8%28%

Bachelor's degree or higher

31.1%

New Mexico average
11.2%178%
National
15.9%96%

How ZIP 87547 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.

See today's rates for homes in your area

Homes in 87547 typically sell around $420,000. Compare what a vetted mortgage pro can actually offer you before you commit.

Talk to a mortgage pro

Nearby ZIP codes in New Mexico

87544875578753287571875088750787506875058750187420

Or compare 87547 with 87544.

Run your own numbers

Cost of living calculatorBudget calculatorMortgage calculator

See every local figure on the New Mexico money guide.

What people search about ZIP 87547

Searches for the cost of living in 87547, the median household income in 87547, average rent in 87547 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 87547
  • median household income in 87547
  • home values in 87547
  • average rent in 87547
  • property tax in 87547
  • housing market in 87547

Methodology

Figures describe ZIP Code Tabulation Area 87547, 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.