Population 349 · Census ACS 2020–24
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Population and households in ZIP 87040
Household size in ZIP 87040
| Period | ZIP 87040 | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 3.49 | 2.62 | 2.71 | 2.68 |
| 2010–14 | 2.78 | 2.67 | 2.77 | 2.73 |
| 2015–19 | 3.30 | 2.63 | 2.71 | 2.71 |
| 2020–24 | 14.96 | 2.55 | 2.63 | 2.65 |
| Change | +11.48 | −0.08 | −0.07 | −0.03 |
ZIP 87040 is a place of big households: 14.96 people per home on average, compared with 2.65 nationally. Numbers like that usually point to plenty of families with kids. Household size has climbed from 3.49 in 2006–10, but in a place this small, survey estimates can swing a lot from one release to the next.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 87040
| Period | ZIP 87040 | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 34.6 | 37.2 | 37.4 | 37.7 |
| 2010–14 | 44.3 | 38.3 | 38.2 | 38.6 |
| 2015–19 | 42.3 | 39.6 | 39.3 | 39.6 |
| 2020–24 | 27.7 | 41.1 | 40.5 | 40.1 |
| Change | −6.9 | +3.9 | +3.2 | +2.3 |
ZIP 87040 is young: half of its residents are under 27.7, compared with a national median of 40.1. The population tilts toward families with many children.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 87040
| Period | ZIP 87040 | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 18.7% | 13.8% | 14.2% | 12.3% |
| 2010–14 | 11.3% | 14.5% | 14.6% | 12.3% |
| 2015–19 | 15.5% | 12.7% | 13.6% | 11.6% |
| 2020–24 | 24.0% | 13.1% | 14.4% | 11.6% |
| Change | +5.3 pts | −0.7 pts | +0.1 pts | −0.6 pts |
Single-parent households are common in ZIP 87040: 24.0% of all households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 87040
Renters in ZIP 87040
| Period | ZIP 87040 | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 19.6% | 31.7% | 30.4% | 33.3% |
| 2010–14 | 4.7% | 33.4% | 31.8% | 35.6% |
| 2015–19 | 1.8% | 33.0% | 32.3% | 36.0% |
| 2020–24 | 0.0% | 30.9% | 30.0% | 34.8% |
| Change | −19.6 pts | −0.8 pts | −0.3 pts | +1.5 pts |
Almost every household in ZIP 87040 owns its home; nationally, 34.8% rent. Among owners, 100.0% have paid off their mortgages, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 87040
| Period | ZIP 87040 | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 28.5% | 8.8% | 13.6% | 11.4% |
| 2010–14 | 18.5% | 9.1% | 14.2% | 11.4% |
| 2015–19 | 21.2% | 10.1% | 15.2% | 11.1% |
| 2020–24 | 73.7% | 7.0% | 11.9% | 9.6% |
| Change | +45.1 pts | −1.8 pts | −1.6 pts | −1.8 pts |
Vacant homes make up 73.7% of the housing in ZIP 87040, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 87040
| Period | ZIP 87040 | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 1975 | 1982 | 1980 | 1974 |
| 2010–14 | 1968 | 1983 | 1981 | 1975 |
| 2015–19 | 1971 | 1984 | 1982 | 1977 |
| 2020–24 | 1974 | 1986 | 1985 | 1980 |
| Change | −2 | +3 | +4 | +6 |
Homes in ZIP 87040 run a bit older than the national norm, with a median build year of 1974 against 1980.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 87040
| Period | ZIP 87040 | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | $309 | $884 | $777 | $965 |
| 2010–14 | $507 | $970 | $866 | $1,040 |
| 2015–19 | $291 | $1,050 | $943 | $1,213 |
| 2020–24 | $759 | $1,356 | $1,188 | $1,571 |
| Change | +$450 | +$472 | +$411 | +$606 |
Rent in ZIP 87040 runs $759 a month at the median, utilities included, well below the U.S. median of $1,571. Rent takes 31.2% of the typical renter's income, just over the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 87040
Bachelor's degrees in ZIP 87040
| Period | ZIP 87040 | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 12.9% | 29.1% | 25.0% | 28.4% |
| 2010–14 | 15.7% | 29.5% | 25.5% | 29.6% |
| 2015–19 | 13.0% | 31.6% | 26.7% | 32.1% |
| 2020–24 | 19.5% | 35.0% | 30.2% | 35.6% |
| Change | +6.7 pts | +5.9 pts | +5.2 pts | +7.2 pts |
College degrees are relatively uncommon in ZIP 87040: 19.5% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 87040
| Period | ZIP 87040 | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 84.1% | 86.0% | 82.3% | 84.9% |
| 2010–14 | 86.3% | 87.3% | 83.5% | 86.1% |
| 2015–19 | 87.1% | 88.4% | 85.1% | 87.7% |
| 2020–24 | 100.0% | 90.2% | 87.5% | 89.3% |
| Change | +15.9 pts | +4.2 pts | +5.2 pts | +4.3 pts |
Finishing high school is nearly universal in ZIP 87040: 100.0% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 87040
| Period | ZIP 87040 | Albuquerque area | New Mexico | U.S. |
|---|---|---|---|---|
| 2006–10 | 21.5% | 6.7% | 7.3% | 8.1% |
| 2010–14 | 27.0% | 9.3% | 9.7% | 9.4% |
| 2015–19 | 22.5% | 6.0% | 6.8% | 5.6% |
| 2020–24 | 3.8% | 5.4% | 6.0% | 5.4% |
| Change | −17.6 pts | −1.3 pts | −1.3 pts | −2.7 pts |
Jobs have been easier to find in ZIP 87040 than nationally: unemployment was 3.8%, against 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 87040 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 87040 | 14.96 | 27.7 | 24.0% | 0.0% | 73.7% | 1974 | $759 | 19.5% | 100.0% | 3.8% |
| ZIP 87014 | 3.23 | 42.3 | 8.0% | 0.0% | 4.0% | 1983 | $759 | 16.9% | 89.5% | 0.0% |
| ZIP 87038 | 2.93 | 36.0 | 59.2% | 0.0% | 6.8% | 1973 | $759 | 19.3% | 100.0% | 24.2% |
| ZIP 87007 | 2.36 | 40.7 | 50.7% | 0.0% | 10.5% | 1973 | $759 | 26.7% | 100.0% | 56.0% |
| ZIP 87026 | 4.80 | 38.6 | 34.2% | 4.5% | 28.9% | 1981 | $859 | 19.7% | 87.1% | 23.3% |
| ZIP 87049 | 3.77 | 39.7 | 20.7% | 8.0% | 25.7% | 1978 | $804 | 11.4% | 87.8% | 2.5% |
| ZIP 87034 | 3.90 | 39.1 | 23.9% | 10.3% | 31.1% | 1977 | $815 | 10.1% | 87.3% | 3.1% |
| ZIP 87020 | 2.89 | 38.8 | 17.8% | 32.6% | 17.7% | 1978 | $798 | 19.4% | 79.9% | 5.1% |
| ZIP 87051 | 3.28 | 42.5 | 17.8% | 13.4% | 32.0% | 1984 | $784 | 22.9% | 78.9% | 7.7% |
| ZIP 87021 | 4.35 | 38.1 | 38.8% | 29.6% | 9.3% | 1982 | $809 | 5.3% | 66.6% | 2.8% |
| ZIP 87005 | 2.44 | 61.0 | 10.4% | 5.1% | 52.0% | 1987 | $784 | 48.2% | 85.9% | 0.0% |
All figures 2020–24.
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About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 87040. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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