ZIP 87105 - 860Z200US87105 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 87105, located in the Albuquerque, New Mexico area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 54,000 and a diverse cultural makeup, this area presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, this article breaks down population trends, income levels, housing costs, and ethnic composition to help you make informed decisions.

Population & Households

ZIP 87105 is home to a substantial population of 54,215 residents, making it a vibrant and active community. These individuals are distributed across 18,824 households, reflecting a mix of family sizes and living arrangements. The total number of housing units stands at 20,263, indicating some vacancy or availability for potential buyers or renters. This balance between population and housing suggests a community with room for growth, whether you’re looking to settle down or invest in property.

Income & Housing Costs

The median household income in ZIP 87105 is $49,928, which provides a realistic benchmark for understanding the economic environment. For homebuyers or investors, this figure helps gauge affordability and potential rental income. On the housing front, the median house value is $200,300—a price point that may appeal to first-time buyers or those seeking value in a growing market. For renters, the median rent is $972 per month, offering a relatively accessible entry point compared to higher-cost areas. These metrics paint a picture of a community where housing remains within reach for many, though careful financial planning is advised.

Race & Ethnicity

The cultural fabric of ZIP 87105 is notably diverse, with a strong Hispanic presence at 79.99% of the population. White residents make up 13.82%, while Black and Asian populations are smaller at 0.84% and 0.2%, respectively. This ethnic composition highlights a predominantly Hispanic community, which could influence local culture, businesses, and community events. For small-business owners or investors, understanding this demographic makeup is key to tailoring services or marketing strategies to resonate with the majority of residents.

Key Facts

• Total population: 54,215 residents, indicating a sizable community with diverse needs.
• Total households: 18,824, reflecting a mix of family and individual living arrangements.
• Total housing units: 20,263, suggesting some availability for new residents or investors.
• Median household income: $49,928, a moderate income level for the area.
• Median house value: $200,300, offering potential affordability for buyers.
• Median rent: $972, providing a reasonable option for renters.
• Hispanic population: 79.99%, shaping the cultural identity of ZIP 87105.

What This Means for You

For homebuyers, ZIP 87105 offers a chance to enter the housing market at a median value of $200,300, which could be attractive if you’re seeking affordability in a growing area. The moderate median income of $49,928 suggests a community of working families, so aligning your budget with local norms is crucial. Real estate investors and agents might find opportunity in the gap between total housing units (20,263) and households (18,824), indicating potential for rentals or flips, especially with a median rent of $972 that could appeal to tenants. Small-business owners should note the strong Hispanic demographic (79.99%), which offers a chance to cater to cultural preferences in products, services, or marketing. Finally, analysts can use these metrics to track trends in population growth, housing demand, or economic stability in this part of Albuquerque. Whatever your goal, these insights provide a foundation for smarter decision-making.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 87105? Start by visiting ZipcodeGPT for a user-friendly way to access detailed demographic and housing data.
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