| ZIP Code | 87508 |
|---|---|
| City | Santa Fe |
| State | New Mexico (NM) |
| County | Santa Fe County |
| Area Code | 505 |
| Elevation | 6,609 ft |
| Latitude | 35.52063 |
|---|---|
| Longitude | -105.945842 |
| Timezone | Denver (DST) |
| FIPS | 35049 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 54.1 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.38 |
| Below Poverty | 8.2% ▼ 18% below avg |
| College Grads | 58.8% ▲ 52% above avg |
| Unemployment | 5.3% ▲ 9% above avg |
| No HS Diploma | 67 (0.5%) |
| HS Graduate | 2,003 (15.6%) |
| Some College | 1,305 (10.2%) |
| Associates | 1,913 (14.9%) |
| Bachelors | 925 (7.2%) |
| Graduate Degree | 6,630 (51.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $96,767 ▲ 27% above avg ↑ 26% since 2019 |
|---|---|
| Median Home Value | $529,000 ▲ 90% above avg ↑ 43% since 2019 |
| Home/Income Ratio | 5.5x (nat avg ~3.5x) |
| Median Rent | $1,502/mo ↑ 14% since 2019 |
| Total Units | 7,782 |
| Vacant Units | 326 |
| Avg HH Size | 2.38 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 7,782 |
|---|---|
| Vacant | 326 |
| Owner Occupied | 90.5% |
| Renter Occupied | 9.5% |
| Avg HH Size | 2.38 |
ZIP code 87508 is located in Santa Fe, New Mexico, within Santa Fe County. With a population of 18,745, this is a moderately populated ZIP code with a mature community — the median age is 54.1 years. Economically, 87508 is a middle-income ZIP code: the median household income of $96,767 is above the national average.
Real estate in ZIP code 87508 represents a premium housing market. The median home value of $529,000 is significantly above the national average. Renters can expect to pay around $1,502 per month in median rent. Homeownership is strong here — 90.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 43% since 2019.
The population of 87508 is majority White (55.61%). Residents are well-educated — 58.8% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 8.2%. Household income has grown by 26% since 2019.
The unemployment rate in 87508 stands at 5.3%, which is near the national average. About 23% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 65%.
Overall, ZIP code 87508 in Santa Fe, NM is characterized as middle-income, well-educated, a mature community, and predominantly owner-occupied. With 18,745 residents, a median household income of $96,767, and a median home value of $529,000, it offers a clear picture of life in this part of New Mexico.