ZIP 87121 - 860Z200US87121 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 87121 in Albuquerque, New Mexico, for your next home purchase, investment property, or business venture, understanding the area’s demographic and housing landscape is essential. This snapshot, based on 2023 data, provides a clear view of the population, income levels, housing metrics, and cultural composition of this vibrant community. Whether you’re a homebuyer seeking affordability, an investor eyeing growth potential, or a small-business owner scouting a customer base, these insights will help you make informed decisions about ZIP 87121.

Population & Households

ZIP 87121 is home to a substantial population of 76,135 residents as of 2023, making it a densely populated area with a strong community presence. This population is distributed across 25,267 households, reflecting a mix of family and individual living arrangements. With 26,118 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate opportunities for buyers or renters looking to move in. For businesses, this sizable population offers a robust potential customer base, especially for services catering to families and diverse needs.

Income & Housing Costs

The median household income in ZIP 87121 stands at $59,184, positioning it as a middle-income area where affordability remains within reach for many. Housing costs align with this income level, with a median house value of $192,500—a figure that may appeal to first-time homebuyers or investors seeking properties with room for appreciation. For renters, the median rent is $1,277 per month, which is reasonable compared to many urban markets, offering a viable option for those not ready to buy. These metrics suggest that ZIP 87121 balances affordability with opportunity, making it a practical choice for various stakeholders.

Race & Ethnicity

The cultural fabric of ZIP 87121 is notably diverse, with a strong Hispanic presence at 81.55% of the population. This is complemented by smaller percentages of White (9.24%), Black (2.01%), and Asian (1.35%) residents. This demographic makeup highlights a predominantly Hispanic community, which could influence local culture, cuisine, and business opportunities. For small-business owners, this presents a chance to cater to specific cultural preferences, while homebuyers and investors can expect a neighborhood rich in heritage and community ties.

Key Facts

• Total population: 76,135 residents, offering a large and active community.
• Total households: 25,267, indicating a mix of family and solo living.
• Total housing units: 26,118, with some availability for new occupants.
• Median household income: $59,184, reflecting a middle-income area.
• Median house value: $192,500, attractive for budget-conscious buyers.
• Median rent: $1,277, a competitive rate for renters in the region.
• Hispanic population: 81.55%, shaping the area’s cultural identity.

What This Means for You

For homebuyers, ZIP 87121 offers an affordable entry point into homeownership with a median house value of $192,500, well-suited for first-time buyers or those seeking value. The slight surplus of housing units (26,118 vs. 25,267 households) suggests you might find available properties without intense competition. Investors and real estate agents can see potential in this growing area, where reasonable home prices and a large population could drive future demand, especially if infrastructure or amenities expand. Small-business owners should note the sizable, diverse population of 76,135, particularly the dominant Hispanic demographic, which could be a key market for tailored products or services like culturally specific retail or dining. Analysts can use these metrics to benchmark ZIP 87121 against neighboring areas, identifying trends in affordability or population shifts that impact long-term planning.

Run This Study Yourself

Want to dive deeper into ZIP 87121 or compare it with other areas? Follow these steps to uncover detailed insights on your own:

• Visit ZipcodeGPT to access a powerful tool for demographic and housing analysis.
• Enter any ZIP code to generate a customized report with the latest data and trends.
• Use the insights to inform your homebuying, investment, or business decisions with confidence.