ZIP Code 87701 -- Las vegas, NM

San Miguel | 2024 American Community Survey Data

Key Insights

  • With 76.28% Hispanic/Latino population, this is a predominantly Hispanic community with deep cultural roots.

Quick Overview

Population
17,339
Unknown
Median Income
$49,920
Home Value
$182,200
Median Rent
$811
Median Age
45.70
Diversity Index
70.20
Very High
Cost of Living
66.1
significantly below average
Unemployment
3.7%

About ZIP Code 87701

ZIP code 87701 in Las Vegas, New Mexico is a unknown area with a population of 17,339. The median household income is $49,920, which is This is 33% below the national median of $75,000.. The median home value is $182,200, representing a price-to-income ratio of 3.6x . The cost of living is significantly below average with an index of 66.1 (the national average is 100). Residents have a median age of 45.70 years. Approximately 29.0% of adults hold a bachelor's degree or higher. This ZIP code is located in San Miguel, NM.

Population & Age

Total Population
17,339
Median Age
45.70
Male Population
8,009
46.2%
Female Population
9,330
53.8%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
70.20 Very High
White
37.6%
Black or African American
2.0%
Hispanic or Latino
76.3%
Asian
0.1%
Native American
2.5%
Pacific Islander
0.0%
Two or More Races
42.3%
Other Race
15.5%

Racial Composition

Income & Economy

Median Household Income
$49,920
Mean Household Income
$63,903
Per Capita Income
$29,888
Below Poverty Line
28.0%

This is 33% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$182,200
Median Rent
$811
Total Housing Units
9,450
Occupied Units
7,925
Vacant Units
1,525
16.1% vacancy
Median Year Built
1974
Owner Occupied
64.2%
Renter Occupied
35.8%
Price-to-Income Ratio 3.6x

Moderately affordable

Ownership vs Rental

Owner 64.2% Renter 35.8%

Education

High School Diploma or Higher 88.8%
Bachelor's Degree or Higher 29.0%
Graduate or Professional Degree 13.1%

Employment & Commuting

Civilian Labor Force
7,762
Employment Rate
96.3%
Unemployment Rate
3.7%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
75.1%
Carpool
10.8%
Public Transit
0.1%
Work from Home
9.0%

Cost of Living Index

66.1
significantly below average

The cost of living in ZIP code 87701 is 33.9% below the national average of 100.

0 National Avg (100) 200

Compare 87701 with:

Compare 87701 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in San Miguel

ZIP Code City Population Median Income
87552 Pecos 2,377 $53,688
87560 Ribera 1,694 $29,179
87745 Sapello 1,553 $39,130
87562 Rowe 569 $116,402
87569 Serafina 389 $99,779
87731 Montezuma 355 N/A

Frequently Asked Questions about ZIP Code 87701

ZIP code 87701 (Las vegas, NM) has a total population of 17,339 according to the 2024 American Community Survey. The median age is 45.70 years.

The median household income in ZIP code 87701 is $49,920 per year, based on 2024 Census Bureau data. This is 33% below the national median of $75,000.

ZIP code 87701 is primarily located in Las vegas, New Mexico (NM). It falls within San Miguel County.

The median home value in ZIP code 87701 is $182,200, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $811.

The median age in ZIP code 87701 is 45.70 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 87701 has a cost of living index of 66.08 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 87701, 29.04% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 13.13% hold a graduate or professional degree.

The unemployment rate in ZIP code 87701 is 3.72%, which is above the national average of 3.6%. About 8.95% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.