87124 ZIP Code – Rio Rancho, New Mexico

87124 is a large ZIP code in Rio Rancho, New Mexico, part of Sandoval County with a population of approximately 57,239 residents. The median household income of $72,986 is above the New Mexico average and near the national average. The median home value of $236,100 is near the national average, with 79.1% owner-occupied housing (increasing). , with median rent coming in at $1,262 — above the national figure. Housing consists of 86% single-family (increasing), 6% apartments (decreasing), 5% duplex/multi-family.

Unemployment stands at 4.6%, which is near the U.S. rate. About 7.6% of residents live below the poverty line, well below the national rate. Bachelor's degree attainment is 32.9%, above the national average. The population has a median age of 40.8, near the national median. The surrounding area includes ZIP codes 87144, 87114, 87120.

ZIP Code 87124 Data

Population 57,239
Median Household Income $72,986
Median Home Value $236,100
Median Rent $1,262
Median Age 40.8
Unemployment Rate 4.6%
Poverty Rate 7.6%
Bachelor's Degree or Higher 32.9%
State New Mexico

ZIP 87124 vs. New Mexico vs. U.S.

MetricZIP 87124NM Avg.U.S. Avg.
Population57k5,89610k
Median Household Income$72k$55k$73k
Median Home Value$236k$190k$258k
Median Rent$1,262$897$1,088
Median Age40.846.243.2
Unemployment Rate4.6%6.3%5.0%
Poverty Rate7.6%19.9%13.3%
Bachelor's Degree or Higher32.9%23.0%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
87144 RIO RANCHO 48,815 $84,303
87114 ALBUQUERQUE 67,805 $77,743
87120 ALBUQUERQUE 65,918 $80,704
87048 CORRALES 8,839 $94,479
87107 ALBUQUERQUE 27,873 $56,629