ZIP Code 87008

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Source:

Cedar Crest · Bernalillo County · New Mexico

Population
2,552

35/sq mi

Median income
$85,673

▲ 12% vs US

higher than 69% of US ZIPs

Median home value
$376,700

▲ 35% vs US

higher than 77% of US ZIPs

Bachelor's or higher
54.8%

Median age 52.4

Land area
73.3 sq mi

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.

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 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

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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 87008?

52.4

Median Age

40.8%

Male

59.2%

Female

1.2%

Foreign-Born

White 86.0%
African American 0.0%
Asian 0.4%
American Indian or Alaska Native 1.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 10.3%
Hispanic or Latino 13.1%

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?

High School Graduate or Higher 69.0%
Bachelor's Degree or Higher 54.8%

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

Owner 92.7%
Renter 7.3%

$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)

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 Code City Population Distance
87111 Albuquerque, NM 56,490 5.3 mi
87123 Albuquerque, NM 41,468 6.7 mi
87122 Albuquerque, NM 17,977 6.8 mi
87112 Albuquerque, NM 43,584 7.7 mi
87047 Sandia Park, NM 4,894 8.9 mi
87043 Placitas, NM 5,052 10.7 mi

More ZIP Codes in Bernalillo County

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.

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.

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