ZIP Code 87043

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Source:

Placitas · Sandoval County · New Mexico

Population
5,052

23/sq mi

Median income
$109,750

▲ 44% vs US

higher than 87% of US ZIPs

Median home value
$562,100

▲ 102% vs US

higher than 89% of US ZIPs

Bachelor's or higher
65.5%

Median age 64.8

Land area
221.6 sq mi

Denver

ZIP code 87043 in Placitas, New Mexico has a population of 5,052. The median household income is $109,750, which is 44% above the national average. Median home value is $562,100, 102% above the US average. 65.5% of residents hold a bachelor's degree or higher.

ZIP code 87043 is classified by USPS as a standard delivery area and covers roughly 221.6 square miles in Placitas, Sandoval County, New Mexico. The area is home to 5,052 residents, producing a population density of 23 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 87043 against New Mexico and the nation.

On the economic side, the median household income for ZIP 87043 sits at $109,750 (85% above the New Mexico average), while per-capita income is $71,431. The poverty rate stands at 3.2% and the unemployment rate at 3.5%. On housing, the median home value is $562,100 (161% above the state average) with median rent at $2,717 per month, and 93.9% of occupied units are owner-occupied, a direct signal of whether 87043 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 65.5% of adults hold a bachelor's degree or higher, the median age is 64.8, and the average commute is 31 minutes. We also surface 7 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Sandoval County, so you can benchmark 87043 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 87043

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 87043.

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 87043, Placitas, 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

5,052

Population

221.6

Area (sq mi)

23

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 87043?

64.8

Median Age

54.5%

Male

45.5%

Female

6.0%

Foreign-Born

White 73.9%
African American 0.3%
Asian 1.6%
American Indian or Alaska Native 7.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 11.6%
Hispanic or Latino 14.3%

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?

$109,750

Median Household Income

+85% vs state

$71,431

Per Capita Income

3.2%

Poverty Rate

3.5%

Unemployment Rate

31.4 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 76.1%
Bachelor's Degree or Higher 65.5%

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

What does housing look like?

2,383

Total Housing Units

2,160

Occupied Units

223

Vacant Units

1.96

Avg Household Size

Occupancy Type

Owner 93.9%
Renter 6.1%

$562,100

Median Home Value

+161% vs state

$2,717

Median Rent

2000

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

+6.4%

YoY Change (2024)

213

HPI Index (2000 = 100)

+113%

Total Change Since 2000

Home values in ZIP 87043 have increased 6.4% over the past year (2024). Since 2000, this ZIP has seen +113% cumulative appreciation.

Year Annual Change HPI Index
2020 +6.7% 152
2021 +11.4% 170
2022 +12.9% 192
2023 +4.6% 200
2024 +6.4% 213

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 92 business establishments in ZIP 87043, employing approximately 389 people with a combined annual payroll of $24,333,000.

92

Businesses

389

Employees

$24.3M

Annual Payroll

12

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 22 23.9%
Construction 14 15.2%
Health care and social assistance 9 9.8%
Wholesale trade 7 7.6%
Retail trade 6 6.5%
Real estate and rental and leasing 6 6.5%
Manufacturing 4 4.3%
Educational services 4 4.3%
Other services (except public administration) 4 4.3%
Information 3 3.3%
Finance and insurance 3 3.3%
Accommodation and food services 3 3.3%

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 87043 vs 87122 →

ZIP Code City Population Distance
87122 Albuquerque, NM 17,977 7.0 mi
87111 Albuquerque, NM 56,490 10.0 mi
87004 Bernalillo, NM 10,136 8.2 mi
87001 Algodones, NM 3,684 9.5 mi
87008 Cedar Crest, NM 2,552 10.7 mi
87113 Albuquerque, NM 14,477 10.1 mi
87109 Albuquerque, NM 40,432 11.2 mi

More ZIP Codes in Sandoval County

Frequently Asked Questions

What county is ZIP code 87043 in?
ZIP code 87043 (Placitas) is located in Sandoval County, New Mexico. Sandoval County contains multiple ZIP codes, see the full list at /counties/sandoval-nm.
What is the population of ZIP code 87043?
ZIP code 87043 in Placitas, NM has a population of 5,052 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 87043?
The median household income in ZIP 87043 is $109,750, which is 44% above the national average of $76,288.
What is the average home value in ZIP 87043?
The median home value in ZIP 87043 is $562,100, which is 102% above the national average of $278,155.
What is the demographic makeup of ZIP 87043?
The largest racial group in ZIP 87043 is White at 73.9%. Hispanic or Latino residents make up 14.3% of the population.
How many businesses are in ZIP code 87043?
ZIP code 87043 has 92 business establishments employing approximately 389 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 87043?
The top industries by establishment count in ZIP 87043 are: Professional, scientific, and technical services (22), Construction (14), Health care and social assistance (9). There are 12 industry sectors represented in total.
How have home values changed in ZIP code 87043?
According to the FHFA House Price Index, home values in ZIP 87043 increased by 6.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 113%. 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 87043?
In ZIP code 87043, 76.1% of residents aged 25+ have a high school diploma or higher, and 65.5% 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 87043?
The mean commute time for workers in ZIP code 87043 is 31.4 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 87043?
In ZIP code 87043, approximately 93.9% of occupied housing units are owner-occupied and 6.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 87043?
The poverty rate in ZIP code 87043 is 3.2% 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 Placitas, 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.