PlainZIP

Rio Rancho, NM · standard

ZIP Code 87124

Sandoval County, New Mexico - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

51,404
282/sq mi
$86,555
Median income
$298,000
Median home value
33.7%
Bachelor's or higher

The verdict

Rio Rancho pairs an above-median household income with above-median home values, in a low-density, homeowner-dominated and unusually populous area.

Top 30%
household income, US ZIPs
Top 34%
home value, US ZIPs
282
people per sq mi
79%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 87124 against every reporting US ZIP.

ZIP code 87124 is a densely settled ZIP (a standard USPS delivery area) in Rio Rancho, Sandoval County, New Mexico, with 51,404 residents across 182.5 square miles, a density of 282 people per square mile, in the Denver time zone.

ZIP 87124 lands in the middle-income range, with a median household income of $86,555 (46% above the New Mexico average), while per-capita income is $41,374. Local economic indicators show a 7.5% poverty rate alongside 4.3% unemployment. The typical home here is valued at $298,000 (38% above the state average); renters pay a median of $1,434 monthly, and 79.1% of units are owner-occupied.

A solid share of residents have a four-year degree: 33.7% of adults hold a bachelor's degree or higher, the median age is 40.9, and the average commute is 28 minutes. A geography-based comparison follows: 4 ZIP codes within about 10 miles of 87124, plus 6 more within Sandoval County, give a clearer read than the national average alone.

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 87124

Top 5 sectors by establishment count in Rio Rancho, NM

Which industries have the most business establishments in ZIP 87124.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 87124, Rio Rancho, 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

51,404

Population

182.5

Area (sq mi)

282

People / sq mi

Denver

Time Zone

standard

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 87124?

40.9

Median Age

49.9%

Male

50.1%

Female

5.4%

Foreign-Born

White 58.5%
African American 2.9%
Asian 1.5%
American Indian or Alaska Native 5.1%
Native Hawaiian or Pacific Islander 0.3%
Two or More Ethnicities 23.3%
Hispanic or Latino 40.5%

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?

$86,555

Median Household Income

+46% vs state

$41,374

Per Capita Income

7.5%

Poverty Rate

4.3%

Unemployment Rate

27.7 min

Mean Commute Time

How ZIP 87124 ranks nationally

Rio Rancho, NM household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$86,555 Top 30% higher than 70% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US 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?

High School Graduate or Higher 59.8%
Bachelor's Degree or Higher 33.7%

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

What does housing look like?

23,482

Total Housing Units

22,563

Occupied Units

919

Vacant Units

2.56

Avg Household Size

Occupancy Type

Owner 79.1%
Renter 20.9%

$298,000

Median Home Value

+38% vs state

$1,434

Median Rent

1991

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

+5.7%

YoY Change (2024)

268

HPI Index (2000 = 100)

+168%

Total Change Since 2000

Home values in ZIP 87124 have increased 5.7% over the past year (2024). Since 2000, this ZIP has seen +168% cumulative appreciation.

Year Annual Change HPI Index
2020 +6.0% 169
2021 +14.7% 194
2022 +18.2% 229
2023 +10.8% 253
2024 +5.7% 268

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 979 business establishments in ZIP 87124, employing approximately 16,067 people with a combined annual payroll of $926,907,000.

979

Businesses

16,067

Employees

$926.9M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 187 19.1%
Other services (except public administration) 109 11.1%
Construction 106 10.8%
Accommodation and food services 102 10.4%
Retail trade 93 9.5%
Finance and insurance 69 7.0%
Professional, scientific, and technical services 63 6.4%
Administrative and support and waste management and remediation services 62 6.3%
Real estate and rental and leasing 59 6.0%
Manufacturing 32 3.3%
Wholesale trade 22 2.3%
Transportation and warehousing 19 1.9%
Information 19 1.9%
Educational services 16 1.6%
Arts, entertainment, and recreation 12 1.2%
Management of companies and enterprises 4 0.4%

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 87124 vs 87144 →

ZIP 87124 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 87124 ranks #3 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 87124 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 87124 ranks #3 of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
87144 Rio Rancho, NM 37,719 5.7 mi
87114 Albuquerque, NM 61,623 7.4 mi
87120 Albuquerque, NM 58,023 9.5 mi
87107 Albuquerque, NM 31,183 12.0 mi

More ZIP Codes in Sandoval County

87144 standard
Rio Rancho, NM
Pop: 37,719
87004 standard
Bernalillo, NM
Pop: 10,136
87048 standard
Corrales, NM
Pop: 8,682
87013 standard
Cuba, NM
Pop: 5,200
87043 standard
Placitas, NM
Pop: 5,052
87001 standard
Algodones, NM
Pop: 3,684

Related Areas

Sandoval County Rio Rancho, NM New Mexico

Frequently Asked Questions

What county is ZIP code 87124 in? ▼
ZIP code 87124 (Rio Rancho) 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 87124? ▼
ZIP code 87124 in Rio Rancho, NM has a population of 51,404 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 87124? ▼
The median household income in ZIP 87124 is $86,555, which is 13% above the national average of $76,288.
What is the average home value in ZIP 87124? ▼
The median home value in ZIP 87124 is $298,000, which is 7% above the national average of $278,155.
What is the demographic makeup of ZIP 87124? ▼
The largest racial group in ZIP 87124 is White at 58.5%. Hispanic or Latino residents make up 40.5% of the population.
How many businesses are in ZIP code 87124? ▼
ZIP code 87124 has 979 business establishments employing approximately 16,067 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 87124? ▼
The top industries by establishment count in ZIP 87124 are: Health care and social assistance (187), Other services (except public administration) (109), Construction (106). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 87124? ▼
According to the FHFA House Price Index, home values in ZIP 87124 increased by 5.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 168%. 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 87124? ▼
In ZIP code 87124, 59.8% of residents aged 25+ have a high school diploma or higher, and 33.7% 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 87124? ▼
The mean commute time for workers in ZIP code 87124 is 27.7 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 87124? ▼
In ZIP code 87124, approximately 79.1% of occupied housing units are owner-occupied and 20.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 87124? ▼
The poverty rate in ZIP code 87124 is 7.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.