| ZIP Code | 87701 |
|---|---|
| City | Las Vegas |
| State | New Mexico (NM) |
| County | San Miguel County |
| Area Code | 505 |
| Elevation | 6,706 ft |
| Latitude | 35.542113 |
|---|---|
| Longitude | -104.933487 |
| Timezone | Denver (DST) |
| FIPS | 35047 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.7 yrs ↑ 10% since 2019 |
|---|---|
| Avg Household Size | 2.07 |
| Below Poverty | 24.0% ▲ 140% above avg |
| College Grads | 37.8% ≈ Avg |
| Unemployment | 4.2% ▼ 13% below avg |
| No HS Diploma | 201 (1.8%) |
| HS Graduate | 2,792 (24.4%) |
| Some College | 1,383 (12.1%) |
| Associates | 2,729 (23.9%) |
| Bachelors | 1,108 (9.7%) |
| Graduate Degree | 3,217 (28.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $48,115 ▼ 37% below avg ↑ 62% since 2019 |
|---|---|
| Median Home Value | $169,000 ▼ 39% below avg ↑ 31% since 2019 |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $756/mo ↑ 17% since 2019 |
| Total Units | 9,699 |
| Vacant Units | 1,625 |
| Avg HH Size | 2.07 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 9,699 |
|---|---|
| Vacant | 1,625 |
| Owner Occupied | 66.4% |
| Renter Occupied | 33.6% |
| Avg HH Size | 2.07 |
ZIP code 87701 is located in Las Vegas, New Mexico, within San Miguel County. With a population of 17,864, this is a moderately populated ZIP code with a middle-aged community — the median age is 44.7 years. Economically, 87701 is a working-class ZIP code: the median household income of $48,115 is below the national average.
Real estate in ZIP code 87701 represents an affordable housing market. The median home value of $169,000 is below the national average. Renters can expect to pay around $756 per month in median rent. Homeownership is strong here — 66.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 31% since 2019.
The population of 87701 is primarily Hispanic (77.28%). Residents are moderately educated — 37.8% hold a bachelor's degree or higher, which is near the national average. Poverty affects a significant share of residents at 24.0%. Household income has grown by 62% since 2019.
The unemployment rate in 87701 stands at 4.2%, which is near the national average. About 12% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 73%.
Overall, ZIP code 87701 in Las Vegas, NM is characterized as working-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 17,864 residents, a median household income of $48,115, and a median home value of $169,000, it offers a clear picture of life in this part of New Mexico.