Population 17,866 · Census ACS 2020–24
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Population and households in ZIP 87701
Household size in ZIP 87701
| Period | ZIP 87701 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 2.24 | 2.71 | 2.68 |
| 2010–14 | 2.37 | 2.77 | 2.73 |
| 2015–19 | 2.25 | 2.71 | 2.71 |
| 2020–24 | 2.16 | 2.63 | 2.65 |
| Change | −0.07 | −0.07 | −0.03 |
Households in ZIP 87701 are small: just 2.16 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. Household size has edged down from 2.24 in 2006–10, in line with the national trend.
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 87701
| Period | ZIP 87701 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 40.9 | 37.4 | 37.7 |
| 2010–14 | 39.8 | 38.2 | 38.6 |
| 2015–19 | 41.8 | 39.3 | 39.6 |
| 2020–24 | 44.5 | 40.5 | 40.1 |
| Change | +3.6 | +3.2 | +2.3 |
With a median age of 44.5, ZIP 87701 is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees. The median age has climbed from 40.9 in 2006–10, as it has nationally.
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 87701
| Period | ZIP 87701 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 17.2% | 14.2% | 12.3% |
| 2010–14 | 18.3% | 14.6% | 12.3% |
| 2015–19 | 18.6% | 13.6% | 11.6% |
| 2020–24 | 16.3% | 14.4% | 11.6% |
| Change | −0.9 pts | +0.1 pts | −0.6 pts |
Single-parent households are common in ZIP 87701: 16.3% of all households, against 11.6% nationally. The single-parent share is down 0.9 points from 2006–10, in line with the national trend.
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 87701
Renters in ZIP 87701
| Period | ZIP 87701 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 36.2% | 30.4% | 33.3% |
| 2010–14 | 31.2% | 31.8% | 35.6% |
| 2015–19 | 34.8% | 32.3% | 36.0% |
| 2020–24 | 34.9% | 30.0% | 34.8% |
| Change | −1.3 pts | −0.3 pts | +1.5 pts |
Renting in ZIP 87701 is about as common as it is nationally: 34.9% of households rent, against 34.8%. Renters make up a bigger share here than in New Mexico overall (30.0%). Just over six in ten owners (62.8%) have paid off their mortgages, well above the national share of 39.8%. Since 2006–10, the renter share has edged down 1.3 points, 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 87701
| Period | ZIP 87701 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 16.2% | 13.6% | 11.4% |
| 2010–14 | 19.3% | 14.2% | 11.4% |
| 2015–19 | 21.0% | 15.2% | 11.1% |
| 2020–24 | 16.0% | 11.9% | 9.6% |
| Change | −0.2 pts | −1.6 pts | −1.8 pts |
Vacancy is high in ZIP 87701: 16.0% of homes are empty, 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 87701
| Period | ZIP 87701 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 1969 | 1980 | 1974 |
| 2010–14 | 1971 | 1981 | 1975 |
| 2015–19 | 1974 | 1982 | 1977 |
| 2020–24 | 1971 | 1985 | 1980 |
| Change | +2 | +4 | +6 |
ZIP 87701 is a place of older homes: half were built before 1971, while the national median is 1980. That means established neighborhoods, and more houses that may need updating. The newest homes are mostly in the southwest, the oldest in the center.
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 87701
| Period | ZIP 87701 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | $574 | $777 | $965 |
| 2010–14 | $673 | $866 | $1,040 |
| 2015–19 | $669 | $943 | $1,213 |
| 2020–24 | $780 | $1,188 | $1,571 |
| Change | +$206 | +$411 | +$606 |
The median renter in ZIP 87701 pays $780 a month for rent and utilities, well below the national median of $1,571. Rent has climbed $206 a month since 2006–10, up 36%, a slower climb than the nation's. The typical renter here spends 38.0% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched. The priciest rents are in the south; the most affordable are in the north.
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 87701
Bachelor's degrees in ZIP 87701
| Period | ZIP 87701 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 24.4% | 25.0% | 28.4% |
| 2010–14 | 21.6% | 25.5% | 29.6% |
| 2015–19 | 24.4% | 26.7% | 32.1% |
| 2020–24 | 27.9% | 30.2% | 35.6% |
| Change | +3.5 pts | +5.2 pts | +7.2 pts |
College degrees are less common in ZIP 87701 than nationally: 27.9% of adults 25 and older have a bachelor's or higher, against 35.6%. Since 2006–10, the share with a degree has risen 3.5 points, as it has nationally. College graduates are most concentrated in the center and least in the south.
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 87701
| Period | ZIP 87701 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 81.9% | 82.3% | 84.9% |
| 2010–14 | 81.2% | 83.5% | 86.1% |
| 2015–19 | 82.6% | 85.1% | 87.7% |
| 2020–24 | 88.8% | 87.5% | 89.3% |
| Change | +6.9 pts | +5.2 pts | +4.3 pts |
High school completion in ZIP 87701 is close to the national rate: 88.8% of adults have a diploma or equivalent, against 89.3%. The share with a diploma has risen 6.9 points since 2006–10, mirroring the country.
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 87701
| Period | ZIP 87701 | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 8.6% | 7.3% | 8.1% |
| 2010–14 | 6.3% | 9.7% | 9.4% |
| 2015–19 | 9.4% | 6.8% | 5.6% |
| 2020–24 | 4.6% | 6.0% | 5.4% |
| Change | −4.0 pts | −1.3 pts | −2.7 pts |
Jobs have been a little easier to find in ZIP 87701 than nationally: unemployment was 4.6%, against 5.4%. Unemployment has fallen 4.0 points since 2006–10, as it has nationally. 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 87701 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 87701 | 2.16 | 44.5 | 16.3% | 34.9% | 16.0% | 1971 | $780 | 27.9% | 88.8% | 4.6% |
| ZIP 87731 | 2.13 | 62.2 | 16.5% | 1.8% | 37.6% | 1982 | $823 | 40.5% | 87.3% | 2.9% |
| ZIP 87565 | 2.49 | 47.9 | 17.6% | 8.6% | 20.7% | 1989 | $860 | 29.3% | 83.2% | 10.1% |
| ZIP 87538 | 2.67 | 48.3 | 20.7% | 0.6% | 21.8% | 1993 | $823 | 34.9% | 81.5% | 4.7% |
| ZIP 87552 | 2.56 | 41.7 | 5.1% | 14.1% | 32.2% | 1983 | $958 | 30.9% | 92.1% | 3.1% |
| ZIP 87562 | 2.14 | 48.8 | 11.5% | 25.9% | 17.6% | 1981 | $932 | 19.0% | 75.9% | 14.1% |
| ZIP 87535 | 2.20 | 46.9 | 4.8% | 28.1% | 12.8% | 1980 | $1,385 | 45.0% | 96.7% | 11.5% |
| ZIP 87540 | 2.06 | 61.3 | 6.6% | 22.5% | 12.3% | 1990 | $1,117 | 58.0% | 95.8% | 2.3% |
| ZIP 87501 | 1.73 | 58.9 | 7.0% | 33.0% | 14.6% | 1971 | $1,812 | 63.6% | 97.1% | 3.9% |
| ZIP 87505 | 1.91 | 52.5 | 5.1% | 40.3% | 11.3% | 1976 | $1,552 | 57.2% | 94.3% | 5.5% |
| ZIP 88439 | 2.18 | 57.5 | 15.0% | 6.8% | 39.7% | 1984 | $823 | 8.8% | 90.9% | 0.0% |
All figures 2020–24.
Zip codes with similar populations: 12561, NY · 53024, WI · 37938, TN · 38829, MS · 01742, MA · 40769, KY · 43138, OH · 43611, OH · 44647, OH · 44709, OH
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 87701. 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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