Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in ZCTA5 87047, New Mexico?
ZIP code · Census ACS 5-Year estimates
The median home value in ZCTA5 87047, New Mexico (ZIP 87047) is $413,400 (±$47,045), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,220/month, and the median household income is $116,630/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 87047
| Metric | Value |
|---|---|
| Median Home Value | $413,400 |
| Median Gross Rent | $1,220 |
| Median Household Income | $116,630 |
| Total Housing Units | 2,264 |
| Renter-Occupied Units | 163 |
| Renter-Occupied Share | 7% |
How does ZIP 87047 compare?
Median home value ranked against all ZIP codes in New Mexico.
Higher home value than 91% of ZIP codes in New Mexico · 23th of 256
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 88321 | $1,079,500 |
| 2 | ZCTA5 87540 | $729,700 |
| 3 | ZCTA5 87501 | $673,100 |
| … 19 more … | ||
| 23 | ZCTA5 87047(you are here) | $413,400 |
| … 230 more … | ||
| 254 | ZCTA5 87455 | $22,500 |
| 255 | ZCTA5 87027 | $13,400 |
| 256 | ZCTA5 87712 | $9,999 |
More data for ZIP 87047
Frequently asked questions
What is the median home value in ZCTA5 87047, New Mexico?
The median home value in ZCTA5 87047, New Mexico (ZIP 87047) is $413,400, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in ZCTA5 87047, New Mexico?
The median gross rent in ZCTA5 87047, New Mexico (ZIP 87047) is $1,220/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in ZCTA5 87047, New Mexico?
The median household income in ZCTA5 87047, New Mexico is $116,630/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $413,400 has a margin of error of ±$47,045. In very small areas, MOEs can be large relative to the estimate.
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