Belen, NM · standard
ZIP Code 87002
Valencia County, New Mexico - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 22,517
- 25/sq mi Moderate-density area
- $51,961
- Median income Below-median income area
- $185,100
- Median home value Near-median home value
- 19.3%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Belen pairs one of the lowest household incomes in the country with below-median home values, in a rural, homeowner-dominated area.
- 17th pct
- household income, US ZIPs
- 39th pct
- home value, US ZIPs
- 25
- people per sq mi
- 82%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 87002 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 87002 (Belen, NM) rose +10.9% from 2023 to 2024. The all-transactions index moved from 216.0 in 2023 to 239.7 in 2024 (2000 = 100).
ZIP code 87002 is a densely settled ZIP (a standard USPS delivery area) in Belen, Valencia County, New Mexico, with 22,517 residents across 893.5 square miles, a density of 25 people per square mile, in the Denver time zone.
ZIP 87002 reports a modest median household income of $51,961 (12% below the average New Mexico ZIP), while per-capita income is $28,303. The poverty rate is 22.2%, so the area-level income figures should not be treated as typical household experience. Median home value is $185,100 (14% below the average New Mexico ZIP) and median rent is $959; 82.3% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 19.3% of adults hold a bachelor's degree or higher, the median age is 41.6, and the average commute is 26 minutes. The page also surfaces 1 ZIP codes within roughly 10 miles and 4 more in Valencia County, so 87002 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 87002
Top 5 sectors by establishment count in Belen, NM
Which industries have the most business establishments in ZIP 87002.
- Retail trade
Retail trade
48 establishments
- Construction
Construction
40 establishments
- Other services (except public administration)
Other services (except public administration)
35 establishments
- Health care and social assistance
Health care and social assistance
25 establishments
- Accommodation and food services
Accommodation and food services
24 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, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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
Who lives in ZIP 87002?
41.6
Median Age
48.5%
Male
51.5%
Female
9.6%
Foreign-Born
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 ZIP avg
$28,303
Per Capita Income
22.2%
Poverty Rate
7.9%
Unemployment Rate
26.2 min
Mean Commute Time
How ZIP 87002 ranks among New Mexico ZIPs
Belen, NM household income vs. every New Mexico ZIP code
Median household income among 265 reporting New Mexico ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$51,961 43rd percentile higher than 43% of 265 New Mexico ZIPs
Each bar is a $20K-wide band; taller bars hold more New Mexico ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
9,143housing units
9,143
Total Housing Units
7,771
Occupied Units
1,372
Vacant Units
2.72
Avg Household Size
Occupancy Type
$185,100
Median Home Value
-14% vs state ZIP avg
$959
Median Rent
1985
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 87002, both outside NM so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (22,517 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Valencia County
Related Areas
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.
Related
Take this with you
What to do with ZIP 87002's numbers, next.
- See how ZIP 87002 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Belen, NM ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.