Placitas, NM · standard
ZIP Code 87043
Sandoval County, New Mexico - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 5,052
- 23/sq mi Moderate-density area
- $109,750
- Median income Above-median income area
- $562,100
- Median home value Above-median home value
- 65.5%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Placitas pairs an upper-quartile household income with upper-quartile home values, in a rural, homeowner-dominated area.
- Top 13%
- household income, US ZIPs
- Top 11%
- home value, US ZIPs
- 23
- people per sq mi
- 94%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 87043 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 87043 (Placitas, NM) rose +6.4% from 2023 to 2024. The all-transactions index moved from 200.4 in 2023 to 213.3 in 2024 (2000 = 100).
ZIP code 87043 is a mid-sized community (a standard USPS delivery area) in Placitas, Sandoval County, New Mexico, home to 5,052 residents across 221.6 square miles, a density of 23 people per square mile, in the Denver time zone.
ZIP 87043 lands in the middle-income range, with a median household income of $109,750 (85% above the average New Mexico ZIP), while per-capita income is $71,431. Both reported hardship measures are comparatively low in absolute terms: poverty is 3.2% and unemployment is 3.5%. Housing is both higher-cost and owner-heavy: median home value is $562,100 (161% above the average New Mexico ZIP), while 93.9% of occupied homes are owner-occupied and median rent is $2,717.
This is a highly-educated ZIP: 65.5% of adults hold a bachelor's degree or higher, the median age is 64.8, and the average commute is 31 minutes. The page also surfaces 7 ZIP codes within roughly 10 miles and 6 more in Sandoval County, so 87043 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 87043
Top 5 sectors by establishment count in Placitas, NM
Which industries have the most business establishments in ZIP 87043.
- Professional, scientific, and technical services
Professional, scientific, and technical services
22 establishments
- Construction
Construction
14 establishments
- Health care and social assistance
Health care and social assistance
9 establishments
- Wholesale trade 7
Wholesale trade
7 establishments
- Retail trade 6
Retail trade
6 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 87043, Placitas, 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
5,052
Population
221.6
Area (sq mi)
23
People / sq mi
Denver
Time Zone
standard
ZIP Type
Who lives in ZIP 87043?
64.8
Median Age
54.5%
Male
45.5%
Female
6.0%
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?
$109,750
Median Household Income
+85% vs state ZIP avg
$71,431
Per Capita Income
3.2%
Poverty Rate
3.5%
Unemployment Rate
31.4 min
Mean Commute Time
How ZIP 87043 ranks among New Mexico ZIPs
Placitas, 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)
$109,750 Top 5% higher than 95% 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
2,383housing units
2,383
Total Housing Units
2,160
Occupied Units
223
Vacant Units
1.96
Avg Household Size
Occupancy Type
$562,100
Median Home Value
+161% vs state ZIP avg
$2,717
Median Rent
2000
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
+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 87043 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
- 87109
Albuquerque (87109)
40,432 residents
- 87122 17,977
Albuquerque (87122)
17,977 residents
- 87113 14,477
Albuquerque (87113)
14,477 residents
- 87004 10,136
Bernalillo (87004)
10,136 residents
- 87043 5,052
Placitas (87043)
5,052 residents
- 87001 3,684
Algodones (87001)
3,684 residents
- 87008 2,552
Cedar Crest (87008)
2,552 residents
What this shows Among its immediate neighbors, ZIP 87043 ranks #6 by population - useful context the national average alone can't give.
ZIP 87043 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
- 87043
Placitas (87043)
$109,750 median income
- 87113
Albuquerque (87113)
$95,922 median income
- 87111
Albuquerque (87111)
$90,290 median income
- 87008
Cedar Crest (87008)
$85,673 median income
- 87001
Algodones (87001)
$68,547 median income
- 87004 $65,743
Bernalillo (87004)
$65,743 median income
- 87109 $58,900
Albuquerque (87109)
$58,900 median income
What this shows By household income, ZIP 87043 ranks #2 of 8 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 87043, 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 (5,052 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Sandoval County
Related Areas
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.
Related
Take this with you
What to do with ZIP 87043's numbers, next.
- See how ZIP 87043 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Placitas, 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.