ZIP Code 87008
standardSource:
Cedar Crest · Bernalillo County · New Mexico
- Population
- 2,552
- Median income
- $85,673
- Median home value
- $376,700
- Bachelor's or higher
- 54.8%
- Land area
- 73.3 sq mi
35/sq mi
▲ 12% vs US
higher than 69% of US ZIPs
▲ 35% vs US
higher than 77% of US ZIPs
Median age 52.4
Denver
ZIP code 87008 in Cedar Crest, New Mexico has a population of 2,552. The median household income is $85,673, which is 12% above the national average. Median home value is $376,700, 35% above the US average. 54.8% of residents hold a bachelor's degree or higher.
ZIP code 87008 is classified by USPS as a standard delivery area and covers roughly 73.3 square miles in Cedar Crest, Bernalillo County, New Mexico. The area is home to 2,552 residents, producing a population density of 35 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 87008 against New Mexico and the nation.
On the economic side, the median household income for ZIP 87008 sits at $85,673 (44% above the New Mexico average), while per-capita income is $53,104. The poverty rate stands at 13.0% and the unemployment rate at 4.8%. On housing, the median home value is $376,700 (75% above the state average) with median rent at $952 per month, and 92.7% of occupied units are owner-occupied, a direct signal of whether 87008 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 54.8% of adults hold a bachelor's degree or higher, the median age is 52.4, and the average commute is —. We also surface 6 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Bernalillo County, so you can benchmark 87008 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 87008
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 87008.
- Construction
Construction
14 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
10 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
9 establishments
- Health care and social assistance
Health care and social assistance
9 establishments
- Accommodation and food services
Accommodation and food services
7 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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 87008, Cedar Crest, 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
2,552
Population
73.3
Area (sq mi)
35
People / sq mi
Denver
Time Zone
standard
ZIP Type
Who lives in ZIP 87008?
52.4
Median Age
40.8%
Male
59.2%
Female
1.2%
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?
$85,673
Median Household Income
+44% vs state
$53,104
Per Capita Income
13.0%
Poverty Rate
4.8%
Unemployment Rate
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?
1,282
Total Housing Units
1,196
Occupied Units
86
Vacant Units
2.10
Avg Household Size
Occupancy Type
$376,700
Median Home Value
+75% vs state
$952
Median Rent
1988
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
+2.9%
YoY Change (2024)
243
HPI Index (2000 = 100)
+143%
Total Change Since 2000
Home values in ZIP 87008 have increased 2.9% over the past year (2024). Since 2000, this ZIP has seen +143% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +6.8% | 164 |
| 2021 | +14.9% | 188 |
| 2022 | +13.8% | 214 |
| 2023 | +10.1% | 236 |
| 2024 | +2.9% | 243 |
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 76 business establishments in ZIP 87008, employing approximately 486 people with a combined annual payroll of $26,020,000.
76
Businesses
486
Employees
$26.0M
Annual Payroll
10
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 14 | 18.4% |
| Real estate and rental and leasing | 10 | 13.2% |
| Professional, scientific, and technical services | 9 | 11.8% |
| Health care and social assistance | 9 | 11.8% |
| Accommodation and food services | 7 | 9.2% |
| Other services (except public administration) | 6 | 7.9% |
| Retail trade | 4 | 5.3% |
| Manufacturing | 3 | 4.0% |
| Finance and insurance | 3 | 4.0% |
| Educational services | 3 | 4.0% |
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 87008 vs 87111 →
More ZIP Codes in Bernalillo County
Related Areas
Frequently Asked Questions
What county is ZIP code 87008 in? ▼
What is the population of ZIP code 87008? ▼
What is the median household income in ZIP 87008? ▼
What is the average home value in ZIP 87008? ▼
What is the demographic makeup of ZIP 87008? ▼
How many businesses are in ZIP code 87008? ▼
What are the main industries in ZIP code 87008? ▼
How have home values changed in ZIP code 87008? ▼
What is the education level in ZIP code 87008? ▼
What percentage of residents own vs. rent in ZIP 87008? ▼
What is the poverty rate in ZIP code 87008? ▼
ZIP Code Research Guides
Official Data Resources for Cedar Crest, 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.
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Read our methodology , how this data is sourced, computed, and verified.