ZIP 87107 - 860Z200US87107 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business venture in Albuquerque, New Mexico, understanding the demographics and housing landscape of ZIP code 87107 can provide valuable clarity. This area, with a population of nearly 27,000, offers a blend of cultural diversity, moderate income levels, and a housing market that caters to a range of budgets. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, this snapshot of 87107 delivers actionable insights based on the latest 2023 data. Let’s break down the numbers to help you make informed decisions.

Population & Households

ZIP code 87107 is home to 26,993 residents, making it a moderately sized community within the Albuquerque metro area. These individuals are distributed across 12,440 households, reflecting a mix of family and individual living arrangements. With 13,441 total housing units in the area, there’s a slight surplus of properties compared to occupied households, which could indicate opportunities for buyers or renters seeking availability. This balance between population and housing stock suggests a stable residential base, ideal for those looking to settle or invest in a community with established roots.

Income & Housing Costs

The median household income in 87107 stands at $59,663, positioning it as a middle-income area where residents enjoy a reasonable standard of living. For homebuyers and investors, the median house value of $282,000 offers a relatively accessible entry point compared to pricier markets in other parts of the country. Renters, meanwhile, face a median monthly rent of $901, which is affordable for many given the income levels. These figures suggest that 87107 strikes a balance between cost and quality, making it an attractive option for those seeking value in housing without sacrificing location or community amenities.

Race & Ethnicity

One of the standout features of ZIP code 87107 is its cultural diversity. The population is composed of 41.87% White residents, 49.31% Hispanic or Latino individuals, 1.36% Black residents, and 1.03% Asian residents. This rich mix of backgrounds creates a vibrant community atmosphere, which can be a draw for families, businesses, and investors alike. For small-business owners, this diversity offers a chance to cater to varied customer preferences and cultural needs, while homebuyers may appreciate the inclusive environment that 87107 fosters.

Key Facts

• Total population: 26,993 residents, a mid-sized community in Albuquerque.
• Total households: 12,440, supporting a mix of family and solo living.
• Total housing units: 13,441, indicating potential availability for new residents or investors.
• Median household income: $59,663, reflecting a stable middle-income area.
• Median house value: $282,000, offering value in a competitive market.
• Median rent: $901 per month, an affordable option for many renters.
• Diverse population: 49.31% Hispanic, 41.87% White, with smaller Black and Asian communities.

What This Means for You

For homebuyers, ZIP code 87107 presents a compelling opportunity to purchase at a median value of $282,000, which is reasonable for a metro-area location with solid income levels. The slight surplus of housing units could mean less competition when searching for your ideal property. Real estate investors and agents will find potential in this market as well, with a diverse population and affordable price points that could attract a wide range of tenants or buyers. Small-business owners can leverage the cultural diversity of 87107 to build a loyal customer base by offering products or services tailored to varied needs. Analysts studying demographic trends will note the balanced income and housing costs as indicators of economic stability, paired with a community composition that reflects broader regional diversity. Whatever your goal, these metrics provide a foundation for smart decision-making.

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