87040, NM Demographics

Population 349 · Census ACS 2020–24

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87040, NM map of median age by neighborhood
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Population and households in ZIP 87040

Household size in ZIP 87040

Household size, people per household
PeriodZIP 87040Albuquerque areaNew MexicoU.S.
2006–103.492.622.712.68
2010–142.782.672.772.73
2015–193.302.632.712.71
2020–2414.962.552.632.65
Change+11.48−0.08−0.07−0.03
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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

Median age, years
PeriodZIP 87040Albuquerque areaNew MexicoU.S.
2006–1034.637.237.437.7
2010–1444.338.338.238.6
2015–1942.339.639.339.6
2020–2427.741.140.540.1
Change−6.9+3.9+3.2+2.3
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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

Single-parent households, % of households
PeriodZIP 87040Albuquerque areaNew MexicoU.S.
2006–1018.7%13.8%14.2%12.3%
2010–1411.3%14.5%14.6%12.3%
2015–1915.5%12.7%13.6%11.6%
2020–2424.0%13.1%14.4%11.6%
Change+5.3 pts−0.7 pts+0.1 pts−0.6 pts
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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

Renters, % of occupied homes
PeriodZIP 87040Albuquerque areaNew MexicoU.S.
2006–1019.6%31.7%30.4%33.3%
2010–144.7%33.4%31.8%35.6%
2015–191.8%33.0%32.3%36.0%
2020–240.0%30.9%30.0%34.8%
Change−19.6 pts−0.8 pts−0.3 pts+1.5 pts
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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

Vacant homes, % of all homes
PeriodZIP 87040Albuquerque areaNew MexicoU.S.
2006–1028.5%8.8%13.6%11.4%
2010–1418.5%9.1%14.2%11.4%
2015–1921.2%10.1%15.2%11.1%
2020–2473.7%7.0%11.9%9.6%
Change+45.1 pts−1.8 pts−1.6 pts−1.8 pts
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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

Age of homes, median year built
PeriodZIP 87040Albuquerque areaNew MexicoU.S.
2006–101975198219801974
2010–141968198319811975
2015–191971198419821977
2020–241974198619851980
Change−2+3+4+6
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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

Rent, per month
PeriodZIP 87040Albuquerque areaNew MexicoU.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
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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

Bachelor's degrees, % of adults 25+
PeriodZIP 87040Albuquerque areaNew MexicoU.S.
2006–1012.9%29.1%25.0%28.4%
2010–1415.7%29.5%25.5%29.6%
2015–1913.0%31.6%26.7%32.1%
2020–2419.5%35.0%30.2%35.6%
Change+6.7 pts+5.9 pts+5.2 pts+7.2 pts
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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

High school graduates, % of adults 25+
PeriodZIP 87040Albuquerque areaNew MexicoU.S.
2006–1084.1%86.0%82.3%84.9%
2010–1486.3%87.3%83.5%86.1%
2015–1987.1%88.4%85.1%87.7%
2020–24100.0%90.2%87.5%89.3%
Change+15.9 pts+4.2 pts+5.2 pts+4.3 pts
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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

Unemployment, % of the labor force
PeriodZIP 87040Albuquerque areaNew MexicoU.S.
2006–1021.5%6.7%7.3%8.1%
2010–1427.0%9.3%9.7%9.4%
2015–1922.5%6.0%6.8%5.6%
2020–243.8%5.4%6.0%5.4%
Change−17.6 pts−1.3 pts−1.3 pts−2.7 pts
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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 codeHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
ZIP 8704014.9627.724.0%0.0%73.7%1974$75919.5%100.0%3.8%
ZIP 870143.2342.38.0%0.0%4.0%1983$75916.9%89.5%0.0%
ZIP 870382.9336.059.2%0.0%6.8%1973$75919.3%100.0%24.2%
ZIP 870072.3640.750.7%0.0%10.5%1973$75926.7%100.0%56.0%
ZIP 870264.8038.634.2%4.5%28.9%1981$85919.7%87.1%23.3%
ZIP 870493.7739.720.7%8.0%25.7%1978$80411.4%87.8%2.5%
ZIP 870343.9039.123.9%10.3%31.1%1977$81510.1%87.3%3.1%
ZIP 870202.8938.817.8%32.6%17.7%1978$79819.4%79.9%5.1%
ZIP 870513.2842.517.8%13.4%32.0%1984$78422.9%78.9%7.7%
ZIP 870214.3538.138.8%29.6%9.3%1982$8095.3%66.6%2.8%
ZIP 870052.4461.010.4%5.1%52.0%1987$78448.2%85.9%0.0%

All figures 2020–24.

Zip codes with similar populations: 26075, WV · 90743, CA · 31722, GA · 30708, GA · 30177, GA · 26691, WV · 26629, WV · 26627, WV · 26412, WV · 26384, WV

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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