ZIP code 87557: income, home prices and cost of living

The median household income in ZIP 87557 is $50,112, which is 1% below the New Mexico median of $50,827 and 27% below the national figure. The typical home is valued at $371,600, and the median rent is $1,240/month. 88.2% of households own their home.

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

Median household income

$50,112

New Mexico average
$50,8271%
National
$68,75027%

Median home value

$371,600

New Mexico average
$160,900131%
National
$209,60077%

Median gross rent

$1,240

New Mexico average
$85745%
National
$98426%

Median age

40.7 yrs

New Mexico average
39.1 yrs4%
National
41.0 yrs

Homeownership rate

88.2%

New Mexico average
76.1%16%
National
75.8%16%

Bachelor's degree or higher

18.8%

New Mexico average
11.2%68%
National
15.9%18%

How ZIP 87557 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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Homes in 87557 typically sell around $371,600. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in New Mexico

87547875448757187532875088750787506875058750187420

Or compare 87557 with 87547.

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What people search about ZIP 87557

Searches for the cost of living in 87557, the median household income in 87557, average rent in 87557 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 87557, 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.