ZIP code 87701: income, home prices and cost of living

The median household income in ZIP 87701 is $45,341, which is 11% below the New Mexico median of $50,827 and 34% below the national figure. The typical home is valued at $148,100, and the median rent is $724/month. 64.4% of households own their home.

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

Median household income

$45,341

New Mexico average
$50,82711%
National
$68,75034%

Median home value

$148,100

New Mexico average
$160,9008%
National
$209,60029%

Median gross rent

$724

New Mexico average
$85716%
National
$98426%

Median age

43.8 yrs

New Mexico average
39.1 yrs12%
National
41.0 yrs7%

Homeownership rate

64.4%

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

Bachelor's degree or higher

14.8%

New Mexico average
11.2%32%
National
15.9%7%

How ZIP 87701 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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Nearby ZIP codes in New Mexico

87740878018757187557875478754487532875088750787506

Or compare 87701 with 87740.

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What people search about ZIP 87701

Searches for the cost of living in 87701, the median household income in 87701, average rent in 87701 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 87701, 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.