| ZIP Code | 87043 |
|---|---|
| City | Placitas |
| State | New Mexico (NM) |
| County | Sandoval County |
| Area Code | 505 |
| Elevation | 6,321 ft |
| Latitude | 35.278891 |
|---|---|
| Longitude | -106.430926 |
| Timezone | Denver (DST) |
| FIPS | 35043 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 63.2 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.01 |
| Below Poverty | 2.0% ▼ 80% below avg |
| College Grads | 67.3% ▲ 74% above avg |
| Unemployment | 3.0% ▼ 38% below avg |
| No HS Diploma | 9 (0.2%) |
| HS Graduate | 557 (14.3%) |
| Some College | 147 (3.8%) |
| Associates | 563 (14.4%) |
| Bachelors | 312 (8%) |
| Graduate Degree | 2,309 (59.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $110,268 ▲ 45% above avg ↑ 37% since 2019 |
|---|---|
| Median Home Value | $520,200 ▲ 87% above avg ↑ 42% since 2019 |
| Home/Income Ratio | 4.7x (nat avg ~3.5x) |
| Median Rent | $1,869/mo ↑ 60% since 2019 |
| Total Units | 2,349 |
| Vacant Units | 168 |
| Avg HH Size | 2.01 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 2,349 |
|---|---|
| Vacant | 168 |
| Owner Occupied | 91.6% |
| Renter Occupied | 8.4% |
| Avg HH Size | 2.01 |
ZIP code 87043 is located in Placitas, New Mexico, within Sandoval County. With a population of 4,375, this is a lightly populated ZIP code with an older community — the median age is 63.2 years. Economically, 87043 is a upper-middle-income ZIP code: the median household income of $110,268 is above the national average.
Real estate in ZIP code 87043 represents a premium housing market. The median home value of $520,200 is significantly above the national average. Renters can expect to pay around $1,869 per month in median rent. Homeownership is strong here — 91.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 42% since 2019.
The population of 87043 is primarily White (74.24%). Residents are highly educated — 67.3% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 2.0%. Household income has grown by 37% since 2019.
The unemployment rate in 87043 stands at 3.0%, which is below the national average. A notably high share of workers — 33% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 62%.
Overall, ZIP code 87043 in Placitas, NM is characterized as upper-middle-income, highly educated, an older community, and predominantly owner-occupied. With 4,375 residents, a median household income of $110,268, and a median home value of $520,200, it offers a clear picture of life in this part of New Mexico.