| ZIP Code | 87124 |
|---|---|
| City | Rio Rancho |
| State | New Mexico (NM) |
| County | Sandoval County |
| Area Code | 505 |
| Elevation | 5,822 ft |
| Latitude | 35.26992 |
|---|---|
| Longitude | -106.795643 |
| Timezone | Denver (DST) |
| FIPS | 35043 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.8 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.61 |
| Below Poverty | 7.6% ▼ 24% below avg |
| College Grads | 43.6% ▲ 13% above avg |
| Unemployment | 4.5% ≈ Avg |
| No HS Diploma | 422 (1.1%) |
| HS Graduate | 9,036 (23.4%) |
| Some College | 4,930 (12.8%) |
| Associates | 7,408 (19.2%) |
| Bachelors | 3,983 (10.3%) |
| Graduate Degree | 12,878 (33.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $82,278 ▲ 8% above avg ↑ 35% since 2019 |
|---|---|
| Median Home Value | $262,800 ≈ Avg ↑ 45% since 2019 |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $1,380/mo ↑ 27% since 2019 |
| Total Units | 23,027 |
| Vacant Units | 895 |
| Avg HH Size | 2.61 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 23,027 |
|---|---|
| Vacant | 895 |
| Owner Occupied | 79.2% |
| Renter Occupied | 20.8% |
| Avg HH Size | 2.61 |
ZIP code 87124 is located in Rio Rancho, New Mexico, within Sandoval County. With a population of 58,402, this is a highly populated ZIP code with a middle-aged community — the median age is 40.8 years. Economically, 87124 is a middle-income ZIP code: the median household income of $82,278 is near the national average.
Real estate in ZIP code 87124 represents a mid-range housing market. The median home value of $262,800 is near the national average. Renters can expect to pay around $1,380 per month in median rent. Homeownership is strong here — 79.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 45% since 2019.
The population of 87124 is racially diverse, with White as the largest group at 46.8%. Residents are well-educated — 43.6% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 7.6%. Household income has grown by 35% since 2019.
The unemployment rate in 87124 stands at 4.5%, which is near the national average. About 14% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 74%.
Overall, ZIP code 87124 in Rio Rancho, NM is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 58,402 residents, a median household income of $82,278, and a median home value of $262,800, it offers a clear picture of life in this part of New Mexico.