ZIP Code 87002

standard

Source:

Belen · Valencia County · New Mexico

Population
22,517

25/sq mi

Median income
$51,961

▼ 32% vs US

higher than 17% of US ZIPs

Median home value
$185,100

▼ 33% vs US

higher than 39% of US ZIPs

Bachelor's or higher
19.3%

Median age 41.6

Land area
893.5 sq mi

Denver

ZIP code 87002 in Belen, New Mexico has a population of 22,517. The median household income is $51,961, which is 32% below the national average. Median home value is $185,100, 33% below the US average. 19.3% of residents hold a bachelor's degree or higher.

ZIP code 87002 is classified by USPS as a standard delivery area and covers roughly 893.5 square miles in Belen, Valencia County, New Mexico. The area is home to 22,517 residents, producing a population density of 25 people per square mile, and falls within the Denver time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 87002 against New Mexico and the nation.

On the economic side, the median household income for ZIP 87002 sits at $51,961 (12% below the New Mexico average), while per-capita income is $28,303. The poverty rate stands at 22.2% and the unemployment rate at 7.9%. On housing, the median home value is $185,100 (14% below the state average) with median rent at $959 per month, and 82.3% of occupied units are owner-occupied, a direct signal of whether 87002 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 19.3% of adults hold a bachelor's degree or higher, the median age is 41.6, and the average commute is 26 minutes. We also surface 1 nearby ZIP codes within roughly 10 miles and 4 additional ZIPs sharing Valencia County, so you can benchmark 87002 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 87002

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 87002.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 87002, Belen, NM · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

22,517

Population

893.5

Area (sq mi)

25

People / sq mi

Denver

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 87002?

41.6

Median Age

48.5%

Male

51.5%

Female

9.6%

Foreign-Born

White 45.4%
African American 1.5%
Asian 0.3%
American Indian or Alaska Native 0.6%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 36.8%
Hispanic or Latino 64.5%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$51,961

Median Household Income

-12% vs state

$28,303

Per Capita Income

22.2%

Poverty Rate

7.9%

Unemployment Rate

26.2 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 50.9%
Bachelor's Degree or Higher 19.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

9,143

Total Housing Units

7,771

Occupied Units

1,372

Vacant Units

2.72

Avg Household Size

Occupancy Type

Owner 82.3%
Renter 17.7%

$185,100

Median Home Value

-14% vs state

$959

Median Rent

1985

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+10.9%

YoY Change (2024)

240

HPI Index (2000 = 100)

+140%

Total Change Since 2000

Home values in ZIP 87002 have increased 10.9% over the past year (2024). Since 2000, this ZIP has seen +140% cumulative appreciation.

Year Annual Change HPI Index
2020 +6.6% 145
2021 +15.4% 167
2022 +23.3% 206
2023 +4.8% 216
2024 +10.9% 240

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 275 business establishments in ZIP 87002, employing approximately 4,025 people with a combined annual payroll of $141,796,000.

275

Businesses

4,025

Employees

$141.8M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 48 17.4%
Construction 40 14.6%
Other services (except public administration) 35 12.7%
Health care and social assistance 25 9.1%
Accommodation and food services 24 8.7%
Administrative and support and waste management and remediation services 17 6.2%
Transportation and warehousing 14 5.1%
Professional, scientific, and technical services 13 4.7%
Manufacturing 12 4.4%
Finance and insurance 12 4.4%
Real estate and rental and leasing 9 3.3%
Educational services 6 2.2%
Wholesale trade 5 1.8%
Utilities 4 1.4%
Arts, entertainment, and recreation 4 1.4%
Information 3 1.1%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 87002 vs 87023 →

ZIP Code City Population Distance
87023 Jarales, NM 665 5.7 mi

More ZIP Codes in Valencia County

Frequently Asked Questions

What county is ZIP code 87002 in?
ZIP code 87002 (Belen) is located in Valencia County, New Mexico. Valencia County contains multiple ZIP codes, see the full list at /counties/valencia-nm.
What is the population of ZIP code 87002?
ZIP code 87002 in Belen, NM has a population of 22,517 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 87002?
The median household income in ZIP 87002 is $51,961, which is 32% below the national average of $76,288.
What is the average home value in ZIP 87002?
The median home value in ZIP 87002 is $185,100, which is 33% below the national average of $278,155.
What is the demographic makeup of ZIP 87002?
The largest racial group in ZIP 87002 is White at 45.4%. Hispanic or Latino residents make up 64.5% of the population.
How many businesses are in ZIP code 87002?
ZIP code 87002 has 275 business establishments employing approximately 4,025 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 87002?
The top industries by establishment count in ZIP 87002 are: Retail trade (48), Construction (40), Other services (except public administration) (35). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 87002?
According to the FHFA House Price Index, home values in ZIP 87002 increased by 10.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 140%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 87002?
In ZIP code 87002, 50.9% of residents aged 25+ have a high school diploma or higher, and 19.3% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 87002?
The mean commute time for workers in ZIP code 87002 is 26.2 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 87002?
In ZIP code 87002, approximately 82.3% of occupied housing units are owner-occupied and 17.7% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 87002?
The poverty rate in ZIP code 87002 is 22.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Belen, NM

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.