Bosque Farms, NM · standard
ZIP Code 87068
Valencia County, New Mexico - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 4,755
- 20/sq mi Moderate-density area
- $79,602
- Median income Near-median income area
- $263,500
- Median home value Near-median home value
- 29.4%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Bosque Farms pairs an above-median household income with above-median home values, in a rural, homeowner-dominated area.
- Top 39%
- household income, US ZIPs
- Top 40%
- home value, US ZIPs
- 20
- people per sq mi
- 90%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 87068 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 87068 (Bosque Farms, NM) fell -4.8% from 2023 to 2024. The all-transactions index moved from 241.4 in 2023 to 229.9 in 2024 (2000 = 100).
ZIP code 87068 covers 240.2 square miles in Bosque Farms, Valencia County, New Mexico (a standard USPS delivery area), with a modest 4,755 residents on file, a density of 20 people per square mile, in the Denver time zone.
ZIP 87068 lands in the middle-income range, with a median household income of $79,602 (34% above the average New Mexico ZIP), while per-capita income is $38,338. The poverty rate is 14.9%, with unemployment at 5.2%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $263,500 (22% above the average New Mexico ZIP), while 89.6% of occupied homes are owner-occupied and median rent is $907.
Educational attainment sits below the national norm: 29.4% of adults hold a bachelor's degree or higher, the median age is 45.8, and the average commute is 30 minutes. The page also surfaces 3 ZIP codes within roughly 10 miles and 4 more in Valencia County, so 87068 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 87068
Top 5 sectors by establishment count in Bosque Farms, NM
Which industries have the most business establishments in ZIP 87068.
- Retail trade
Retail trade
19 establishments
- Construction
Construction
15 establishments
- Other services (except public administration)
Other services (except public administration)
10 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
9 establishments
- Accommodation and food services
Accommodation and food services
9 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 87068, Bosque Farms, 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
4,755
Population
240.2
Area (sq mi)
20
People / sq mi
Denver
Time Zone
standard
ZIP Type
Who lives in ZIP 87068?
45.8
Median Age
50.6%
Male
49.4%
Female
1.9%
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?
$79,602
Median Household Income
+34% vs state ZIP avg
$38,338
Per Capita Income
14.9%
Poverty Rate
5.2%
Unemployment Rate
29.6 min
Mean Commute Time
How ZIP 87068 ranks among New Mexico ZIPs
Bosque Farms, 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)
$79,602 Top 19% higher than 81% 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
2,225housing units
2,225
Total Housing Units
2,067
Occupied Units
158
Vacant Units
2.63
Avg Household Size
Occupancy Type
$263,500
Median Home Value
+22% vs state ZIP avg
$907
Median Rent
1981
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
-4.8%
YoY Change (2024)
230
HPI Index (2000 = 100)
+130%
Total Change Since 2000
Home values in ZIP 87068 have decreased 4.8% over the past year (2024). Since 2000, this ZIP has seen +130% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | -1.0% | 167 |
| 2021 | +10.4% | 184 |
| 2022 | +21.9% | 225 |
| 2023 | +7.5% | 241 |
| 2024 | -4.8% | 230 |
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 94 business establishments in ZIP 87068, employing approximately 770 people with a combined annual payroll of $34,478,000.
94
Businesses
770
Employees
$34.5M
Annual Payroll
10
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 19 | 20.2% |
| Construction | 15 | 16.0% |
| Other services (except public administration) | 10 | 10.6% |
| Professional, scientific, and technical services | 9 | 9.6% |
| Accommodation and food services | 9 | 9.6% |
| Health care and social assistance | 8 | 8.5% |
| Finance and insurance | 6 | 6.4% |
| Manufacturing | 4 | 4.3% |
| Transportation and warehousing | 3 | 3.2% |
| Real estate and rental and leasing | 3 | 3.2% |
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 87068 vs 87042 →
ZIP 87068 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 87105
Albuquerque (87105)
57,680 residents
- 87068 4,755
Bosque Farms (87068)
4,755 residents
- 87042 3,644
Peralta (87042)
3,644 residents
- 87022 907
Isleta (87022)
907 residents
What this shows Among its immediate neighbors, ZIP 87068 ranks #2 by population - useful context the national average alone can't give.
ZIP 87068 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 87068
Bosque Farms (87068)
$79,602 median income
- 87042
Peralta (87042)
$73,057 median income
- 87105
Albuquerque (87105)
$55,644 median income
- 87022
Isleta (87022)
$55,329 median income
What this shows By household income, ZIP 87068 ranks the highest of 4 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 87068, 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 (4,755 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Valencia County
Related Areas
Frequently Asked Questions
What county is ZIP code 87068 in?
ZIP code 87068 (Bosque Farms) is located in Valencia County, New Mexico. Valencia County contains multiple ZIP codes, see the full list at /counties/valencia-nm.
What is the population of ZIP code 87068?
ZIP code 87068 in Bosque Farms, NM has a population of 4,755 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 87068?
The median household income in ZIP 87068 is $79,602, which is 4% above the national average of $76,288.
What is the average home value in ZIP 87068?
The median home value in ZIP 87068 is $263,500, which is 5% below the national average of $278,155.
What is the demographic makeup of ZIP 87068?
The largest racial group in ZIP 87068 is White at 53.4%. Hispanic or Latino residents make up 33.0% of the population.
How many businesses are in ZIP code 87068?
ZIP code 87068 has 94 business establishments employing approximately 770 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 87068?
The top industries by establishment count in ZIP 87068 are: Retail trade (19), Construction (15), Other services (except public administration) (10). There are 10 industry sectors represented in total.
How have home values changed in ZIP code 87068?
According to the FHFA House Price Index, home values in ZIP 87068 decreased by 4.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 130%. 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 87068?
In ZIP code 87068, 58.8% of residents aged 25+ have a high school diploma or higher, and 29.4% 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 87068?
The mean commute time for workers in ZIP code 87068 is 29.6 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 87068?
In ZIP code 87068, approximately 89.6% of occupied housing units are owner-occupied and 10.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 87068?
The poverty rate in ZIP code 87068 is 14.9% 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 87068's numbers, next.
- See how ZIP 87068 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Bosque Farms, NM ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.