| ZIP Code | 87506 |
|---|---|
| City | Santa Fe |
| State | New Mexico (NM) |
| County | Santa Fe County |
| Area Code | 505 |
| Elevation | 6,467 ft |
| Latitude | 35.824563 |
|---|---|
| Longitude | -105.95535 |
| Timezone | Denver (DST) |
| FIPS | 35049 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 55.9 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.19 |
| Below Poverty | 12.6% ▲ 26% above avg |
| College Grads | 52.0% ▲ 34% above avg |
| Unemployment | 5.9% ▲ 20% above avg |
| No HS Diploma | 109 (0.9%) |
| HS Graduate | 2,438 (21.1%) |
| Some College | 1,100 (9.5%) |
| Associates | 1,904 (16.5%) |
| Bachelors | 783 (6.8%) |
| Graduate Degree | 5,237 (45.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $90,504 ▲ 19% above avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $523,600 ▲ 88% above avg ↑ 24% since 2019 |
| Home/Income Ratio | 5.8x (nat avg ~3.5x) |
| Median Rent | $1,142/mo ↑ 19% since 2019 |
| Total Units | 8,475 |
| Vacant Units | 1,142 |
| Avg HH Size | 2.19 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 8,475 |
|---|---|
| Vacant | 1,142 |
| Owner Occupied | 82.8% |
| Renter Occupied | 17.2% |
| Avg HH Size | 2.19 |
ZIP code 87506 is located in Santa Fe, New Mexico, within Santa Fe County. With a population of 16,055, this is a moderately populated ZIP code with an older community — the median age is 55.9 years. Economically, 87506 is a middle-income ZIP code: the median household income of $90,504 is above the national average.
Real estate in ZIP code 87506 represents a premium housing market. The median home value of $523,600 is significantly above the national average. Renters can expect to pay around $1,142 per month in median rent. Homeownership is strong here — 82.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 24% since 2019.
The population of 87506 is racially diverse, with White as the largest group at 43.6%. Residents are well-educated — 52.0% hold a bachelor's degree or higher, which is above the national average. Poverty affects some residents at 12.6%. Household income has grown by 25% since 2019.
The unemployment rate in 87506 stands at 5.9%, which is above the national average. About 19% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 72%.
Overall, ZIP code 87506 in Santa Fe, NM is characterized as middle-income, well-educated, an older community, and predominantly owner-occupied. With 16,055 residents, a median household income of $90,504, and a median home value of $523,600, it offers a clear picture of life in this part of New Mexico.