87123, NM Demographics

Population 42,556 · Census ACS 2020–24

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87123, NM map of median age by neighborhood
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Population and households in ZIP 87123

Household size in ZIP 87123

Household size, people per household
PeriodZIP 87123Albuquerque areaNew MexicoU.S.
2006–102.432.622.712.68
2010–142.512.672.772.73
2015–192.582.632.712.71
2020–242.282.552.632.65
Change−0.16−0.08−0.07−0.03
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Households in ZIP 87123 are small: just 2.28 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Since 2006–10, household size has dropped from 2.43, a much bigger shift than nationally.

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 87123

Median age, years
PeriodZIP 87123Albuquerque areaNew MexicoU.S.
2006–1038.637.237.437.7
2010–1437.838.338.238.6
2015–1939.339.639.339.6
2020–2440.741.140.540.1
Change+2.1+3.9+3.2+2.3
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At 40.7, the median age in ZIP 87123 is close to the national median of 40.1, so its age mix looks much like the country's. Since 2006–10, the median age has climbed from 38.6, mirroring the country. The youngest areas are in the west, the oldest in the southeast.

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 87123

Single-parent households, % of households
PeriodZIP 87123Albuquerque areaNew MexicoU.S.
2006–1014.9%13.8%14.2%12.3%
2010–1416.9%14.5%14.6%12.3%
2015–1913.2%12.7%13.6%11.6%
2020–2411.1%13.1%14.4%11.6%
Change−3.8 pts−0.7 pts+0.1 pts−0.6 pts
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Single parents head just over one in ten households in ZIP 87123 (11.1%), close to the national share of 11.6%. Single parents are less common here than in the Albuquerque area overall (13.1%). The single-parent share is down 3.8 points from 2006–10, a much bigger shift than 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 87123

Renters in ZIP 87123

Renters, % of occupied homes
PeriodZIP 87123Albuquerque areaNew MexicoU.S.
2006–1035.7%31.7%30.4%33.3%
2010–1440.8%33.4%31.8%35.6%
2015–1937.3%33.0%32.3%36.0%
2020–2433.6%30.9%30.0%34.8%
Change−2.2 pts−0.8 pts−0.3 pts+1.5 pts
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About a third of households in ZIP 87123 rent their homes (33.6%), close to the national share of 34.8%. More than four in ten owners (44.9%) have paid off their mortgages, above the national share of 39.8%. Rentals cluster in the center; owners are most common in the southwest. The renter share is down 2.2 points from 2006–10, even as the national share rose.

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 87123

Vacant homes, % of all homes
PeriodZIP 87123Albuquerque areaNew MexicoU.S.
2006–105.9%8.8%13.6%11.4%
2010–147.9%9.1%14.2%11.4%
2015–1910.6%10.1%15.2%11.1%
2020–247.6%7.0%11.9%9.6%
Change+1.7 pts−1.8 pts−1.6 pts−1.8 pts
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Vacancy is on the low side in ZIP 87123: 7.6% of homes sit empty, against 9.6% nationally, which points to steady demand for housing. That is in line with the rest of the Albuquerque area. Since 2006–10, vacancy has risen 1.7 points, even as the national rate fell.

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 87123

Age of homes, median year built
PeriodZIP 87123Albuquerque areaNew MexicoU.S.
2006–101982198219801974
2010–141982198319811975
2015–191983198419821977
2020–241984198619851980
Change+2+3+4+6
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Homes in ZIP 87123 are a bit newer than the national norm: the median home was built in 1984, versus 1980 across the U.S. The Albuquerque area as a whole looks much the same. The newest homes are mostly in the south, the oldest in the northwest.

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 87123

Rent, per month
PeriodZIP 87123Albuquerque areaNew MexicoU.S.
2006–10$782$884$777$965
2010–14$932$970$866$1,040
2015–19$950$1,050$943$1,213
2020–24$1,297$1,356$1,188$1,571
Change+$515+$472+$411+$606
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A typical rental in ZIP 87123 costs $1,297 a month with utilities, below the national median of $1,571. Rents are up $515 a month from 2006–10, a 66% jump, roughly in step with the nation. The typical renter here spends 32.7% of household income on rent, just over the 30% mark often used to define affordable rent. The priciest rents are in the southeast; the most affordable are in the center.

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 87123

Bachelor's degrees in ZIP 87123

Bachelor's degrees, % of adults 25+
PeriodZIP 87123Albuquerque areaNew MexicoU.S.
2006–1026.1%29.1%25.0%28.4%
2010–1427.6%29.5%25.5%29.6%
2015–1931.3%31.6%26.7%32.1%
2020–2431.7%35.0%30.2%35.6%
Change+5.6 pts+5.9 pts+5.2 pts+7.2 pts
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College degrees are a little less common in ZIP 87123 than nationally: 31.7% of adults 25 and older have a bachelor's or higher, against 35.6%. The share with a degree has risen 5.6 points since 2006–10, mirroring the country. College graduates are most concentrated in the southeast and least in the center.

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 87123

High school graduates, % of adults 25+
PeriodZIP 87123Albuquerque areaNew MexicoU.S.
2006–1083.9%86.0%82.3%84.9%
2010–1486.1%87.3%83.5%86.1%
2015–1988.7%88.4%85.1%87.7%
2020–2486.8%90.2%87.5%89.3%
Change+2.9 pts+4.2 pts+5.2 pts+4.3 pts
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Just over one in eight adults in ZIP 87123 never finished high school, a bit more than nationally: 86.8% have a diploma or equivalent, against 89.3% across the U.S. The share with a diploma is up 2.9 points from 2006–10, as it has nationally.

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 87123

Unemployment, % of the labor force
PeriodZIP 87123Albuquerque areaNew MexicoU.S.
2006–107.4%6.7%7.3%8.1%
2010–147.7%9.3%9.7%9.4%
2015–195.7%6.0%6.8%5.6%
2020–244.2%5.4%6.0%5.4%
Change−3.3 pts−1.3 pts−1.3 pts−2.7 pts
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Jobs have been a little easier to find in ZIP 87123 than nationally: unemployment was 4.2%, against 5.4%. Unemployment is down 3.3 points from 2006–10, mirroring the country. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current 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 87123 compared with nearby ZIP codes

ZIP codeHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
ZIP 871232.2840.711.1%33.6%7.6%1984$1,29731.7%86.8%4.2%
ZIP 871122.3640.511.7%36.6%5.3%1969$1,28236.9%94.2%5.9%
ZIP 871162.4327.813.0%98.1%8.8%1992$1,75049.9%97.1%6.5%
ZIP 871172.3621.110.5%100.0%42.4%1997$1,76671.4%100.0%0.0%
ZIP 871082.2738.312.4%62.4%10.9%1966$88831.8%83.9%10.0%
ZIP 871102.1942.611.1%41.9%8.3%1963$1,33537.5%92.4%5.6%
ZIP 871112.1445.07.3%39.0%4.8%1982$1,57756.3%97.9%4.0%
ZIP 871062.2334.29.5%62.6%12.2%1966$1,22548.6%90.6%4.8%
ZIP 871092.0544.48.6%43.9%6.9%1980$1,47644.3%92.9%5.4%
ZIP 871222.6549.06.9%11.6%3.7%1996$2,55373.4%98.0%5.0%
ZIP 871021.9737.211.8%60.6%8.7%1962$90438.4%87.3%6.8%

All figures 2020–24.

Zip codes with similar populations: 90032, CA · 34997, FL · 35405, AL · 37343, TN · 38002, TN · 40356, KY · 42301, KY · 43147, OH · 89506, NV · 90024, CA

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 87123. 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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