Cedar Crest, NM · standard
ZIP Code 87008
Bernalillo County, New Mexico - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 2,552
- 35/sq mi Moderate-density area
- $85,673
- Median income Above-median income area
- $376,700
- Median home value Above-median home value
- 54.8%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Cedar Crest pairs an above-median household income with upper-quartile home values, in a rural, homeowner-dominated area.
- Top 31%
- household income, US ZIPs
- Top 23%
- home value, US ZIPs
- 35
- people per sq mi
- 93%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 87008 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 87008 (Cedar Crest, NM) rose +2.9% from 2023 to 2024. The all-transactions index moved from 235.7 in 2023 to 242.7 in 2024 (2000 = 100).
ZIP code 87008 covers 73.3 square miles in Cedar Crest, Bernalillo County, New Mexico (a standard USPS delivery area), with a modest 2,552 residents on file, a density of 35 people per square mile, in the Denver time zone.
ZIP 87008 lands in the middle-income range, with a median household income of $85,673 (44% above the average New Mexico ZIP), while per-capita income is $53,104. The poverty rate is 13.0%, with unemployment at 4.8%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $376,700 (75% above the average New Mexico ZIP), while 92.7% of occupied homes are owner-occupied and median rent is $952.
This is a highly-educated ZIP: 54.8% of adults hold a bachelor's degree or higher, the median age is 52.4, and the average commute is -. The page also surfaces 6 ZIP codes within roughly 10 miles and 6 more in Bernalillo County, so 87008 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 87008
Top 5 sectors by establishment count in Cedar Crest, NM
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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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 ZIP avg
$53,104
Per Capita Income
13.0%
Poverty Rate
4.8%
Unemployment Rate
How ZIP 87008 ranks among New Mexico ZIPs
Cedar Crest, 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)
$85,673 Top 13% higher than 87% 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
1,282housing units
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 ZIP avg
$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 →
ZIP 87008 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 87111
Albuquerque (87111)
56,490 residents
- 87112
Albuquerque (87112)
43,584 residents
- 87123
Albuquerque (87123)
41,468 residents
- 87122 17,977
Albuquerque (87122)
17,977 residents
- 87043 5,052
Placitas (87043)
5,052 residents
- 87047 4,894
Sandia Park (87047)
4,894 residents
- 87008 2,552
Cedar Crest (87008)
2,552 residents
What this shows Among its immediate neighbors, ZIP 87008 ranks #7 by population - useful context the national average alone can't give.
ZIP 87008 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 87122
Albuquerque (87122)
$169,041 median income
- 87047
Sandia Park (87047)
$116,630 median income
- 87043
Placitas (87043)
$109,750 median income
- 87111
Albuquerque (87111)
$90,290 median income
- 87008
Cedar Crest (87008)
$85,673 median income
- 87112
Albuquerque (87112)
$73,937 median income
- 87123 $64,359
Albuquerque (87123)
$64,359 median income
What this shows By household income, ZIP 87008 ranks #5 of 7 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 87008, 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 (2,552 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Bernalillo County
Related Areas
Frequently Asked Questions
What county is ZIP code 87008 in?
ZIP code 87008 (Cedar Crest) is located in Bernalillo County, New Mexico. Bernalillo County contains multiple ZIP codes, see the full list at /counties/bernalillo-nm.
What is the population of ZIP code 87008?
ZIP code 87008 in Cedar Crest, NM has a population of 2,552 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 87008?
The median household income in ZIP 87008 is $85,673, which is 12% above the national average of $76,288.
What is the average home value in ZIP 87008?
The median home value in ZIP 87008 is $376,700, which is 35% above the national average of $278,155.
What is the demographic makeup of ZIP 87008?
The largest racial group in ZIP 87008 is White at 86.0%. Hispanic or Latino residents make up 13.1% of the population.
How many businesses are in ZIP code 87008?
ZIP code 87008 has 76 business establishments employing approximately 486 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 87008?
The top industries by establishment count in ZIP 87008 are: Construction (14), Real estate and rental and leasing (10), Professional, scientific, and technical services (9). There are 10 industry sectors represented in total.
How have home values changed in ZIP code 87008?
According to the FHFA House Price Index, home values in ZIP 87008 increased by 2.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 143%. 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 87008?
In ZIP code 87008, 69.0% of residents aged 25+ have a high school diploma or higher, and 54.8% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 87008?
In ZIP code 87008, approximately 92.7% of occupied housing units are owner-occupied and 7.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 87008?
The poverty rate in ZIP code 87008 is 13.0% 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 87008's numbers, next.
- See how ZIP 87008 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Cedar Crest, NM ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.