Residential delivery area · New Mexico
ZIP Code 87123: Albuquerque, NM
ZIP code 87123 uses the postal name Albuquerque, New Mexico and lies entirely in Bernalillo County (Census 2020 ZIP-county file). About 42,000 people live there (Census Bureau, ACS 2020-2024), the 7th most populous of Albuquerque's 19 residential ZIP codes. Median household income is $64,359 (Census Bureau, ACS 2020-2024). By Census place, its land lies in Albuquerque (36%) and Carnuel (18%); 46% is outside any Census place.
- ACS2020-24
- Census2020
- FHFA2025
- ZBP2023
- IRS2022
- Town
- Albuquerque · 19 residential ZIPs
- County
- Bernalillo County
- Census places
- Albuquerque (36%); Carnuel (18%) census-designated place
- Metro area
- Albuquerque, NM
- House district
- NM-1 119th Congress
- State
- New Mexico
- Time zone
- Mountain
- Land area
- 28.9 sq mi · 1,464 people per sq mi
- PO Box ZIPs
- 23 more ZIP codes use the name Albuquerque for PO boxes or single organizations
Where is ZIP code 87123?
87123 centers on 35.061°, -106.471° and covers 28.9 square miles of land plus 0.2 of water. It borders 6 ZIP codes: 87112, 87116, 87117, 87108, 87008, 87059.
The map draws ZIP code areas only. For the streets inside 87123, open its center on OpenStreetMap.
Source: U.S. Census Bureau, 2020 ZCTA cartographic boundaries and the 2023 Gazetteer (2020 ZCTAs); ZIP-to-county shares, Census places and House districts (119th Congress) from the Census 2020 relationship files (shares of land); metro area from the OMB delineation (July 2023); town name and time zone from simplemaps US ZIP Codes (CC BY 4.0).
How does 87123 compare with the rest of Albuquerque?
| Measure | 87123 | In Albuquerque | In Bernalillo County | In NM |
|---|---|---|---|---|
| People (ACS 2020-2024) | 42,252 | 7th of 19 | 7th of 28 | 13th of 371 |
| Median household income | $64k | 10th of 17 | 15th of 22 | 45th of 108 |
| Median home value | $250k | 12th of 16 | 18th of 22 | 45th of 120 |
Its median household income is higher than in 37% of U.S. residential ZIP codes, and it is denser than 82% of all U.S. residential ZIP codes. ZIP codes at the ACS caps ($250,000 or more for household income, $2,000,000 or more for home value) share the top rank.
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B19013, B25077); ranks by PlainZIP over residential ZIP codes (ZCTAs).
How many people live in 87123?
The 2020 Census counted 44,110 people in 87123; the ACS, which samples households over 2020-2024, estimates 42,252. Its boundary changed between the 2010 and 2020 censuses, so the two counts are not compared.
- People, ACS 2020-2024
- 42,252
- 2020 Census count
- 44,110
- Households
- 19,320
- Median age
- 39.9
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B01002, B11001); 2020 Census (DHC P1); 2010 Census (SF1 P1).
Who lives in 87123?
Of the 42,252 people the ACS estimates in 87123, 19.2% are under 18 and 19.3% are 65 or older. The largest group by race and Hispanic origin is Hispanic or Latino (41.8%), then White (not Hispanic) (39.6%).
- Under 1819.2%
- 18 to 6461.6%
- 65 and older19.3%
- Hispanic or Latino41.8%
- White, not Hispanic39.6%
- Other or two or more9.7%
- Asian, not Hispanic5.2%
- Black, not Hispanic3.8%
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01001 age by sex, B03002 Hispanic or Latino origin by race); shares of the estimated population, small ZIP codes carry wide margins.
What do households in 87123 earn?
Median household income is $64,359 (ACS 2020-2024), the 15th highest of the 22 ranked ZIP codes in Bernalillo County.
- Median household income
- $64,359
- Income per person
- $39,011
- Below the poverty line
- 20.4%
- Unemployed (of the labor force)
- 4.3%
- Adults 25+ with a bachelor's degree
- 33.4%
- Adjusted gross income per tax return, 2022
- $63,61820,720 returns; wages 70% of AGI (IRS)
Source: U.S. Census Bureau, ACS 2020-2024 and 2015-2019 5-year estimates (B19013, B19301, B17001, B23025, B15003; 2015-2019 dollars converted with the BLS CPI-U, 1.22699); IRS Statistics of Income, ZIP code data, tax year 2022 (adjusted gross income per return, filed under the address on the return).
What are homes worth in 87123?
FHFA's house price index for 87123, built from repeat sales and appraisals of the same homes, rose 88% from 2015 to 2025 and rose 52% from 2020 to 2025, and moved +2.1% in 2025.
- Median home value (owners' estimate)
- $249,500
- Median gross rent
- $1,086
- Homes owned by their occupants
- 67.0%
- Housing units
- 20,564
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B25077, B25064, B25003, B25001); FHFA House Price Index, annual five-digit ZIP, updated 2026-03-31.
What businesses are in 87123?
592 business establishments had a location in this ZIP code in 2023, 16 fewer than in 2018; the most are in retail trade (ZIP Code Business Patterns).
- Retail trade92
- Accommodation and food services80
- Other services (except public administration)76
- Construction68
- Professional, scientific, and technical services63
- Health care and social assistance52
Source: U.S. Census Bureau, ZIP Code Business Patterns 2023 and 2018 (establishments with paid employees, by the business's ZIP code).
Which ZIP codes are next to 87123?
| ZIP | Town | People | Household income | Distance |
|---|---|---|---|---|
| 87112 | Albuquerque | 44,250 | $74k | 3.7 mi |
| 87116 | Albuquerque | 3,865 | $84k | 5.2 mi |
| 87117 | Kirtland Afb | 26 | – | 5.2 mi |
| 87108 | Albuquerque | 36,331 | $43k | 6.1 mi |
| 87008 | Cedar Crest | 2,520 | $86k | 7.2 mi |
| 87059 | Tijeras | 10,241 | $92k | 10.6 mi |
| 87111 | Albuquerque | 57,085 | $90k | 6.0 mi (near) |
| 87110 | Albuquerque | 39,685 | $65k | 6.9 mi (near) |
| 87109 | Albuquerque | 39,324 | $59k | 8.6 mi (near) |
Source: PlainZIP from the Census 2020 ZCTA boundaries (shared edges) and internal points; figures ACS 2020-2024.