ZIP Code 87506
standardSource:
Santa Fe · Santa Fe County · New Mexico
- Population
- 12,580
- Median income
- $96,511
- Median home value
- $611,800
- Bachelor's or higher
- 49.5%
- Land area
- 511.4 sq mi
25/sq mi
▲ 27% vs US
higher than 79% of US ZIPs
▲ 120% vs US
higher than 91% of US ZIPs
Median age 56.6
Denver
ZIP code 87506 in Santa Fe, New Mexico has a population of 12,580. The median household income is $96,511, which is 27% above the national average. Median home value is $611,800, 120% above the US average. 49.5% of residents hold a bachelor's degree or higher.
ZIP code 87506 is classified by USPS as a standard delivery area and covers roughly 511.4 square miles in Santa Fe, Santa Fe County, New Mexico. The area is home to 12,580 residents, producing a population density of 25 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 87506 against New Mexico and the nation.
On the economic side, the median household income for ZIP 87506 sits at $96,511 (63% above the New Mexico average), while per-capita income is $73,148. The poverty rate stands at 12.2% and the unemployment rate at 5.8%. On housing, the median home value is $611,800 (184% above the state average) with median rent at $1,117 per month, and 83.8% of occupied units are owner-occupied, a direct signal of whether 87506 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 49.5% of adults hold a bachelor's degree or higher, the median age is 56.6, and the average commute is 26 minutes. We also surface 2 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Santa Fe County, so you can benchmark 87506 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 87506
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 87506.
- Retail trade
Retail trade
28 establishments
- Construction
Construction
26 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
25 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
23 establishments
- Accommodation and food services
Accommodation and food services
21 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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 87506, Santa Fe, 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
12,580
Population
511.4
Area (sq mi)
25
People / sq mi
Denver
Time Zone
standard
ZIP Type
Who lives in ZIP 87506?
56.6
Median Age
49.2%
Male
50.8%
Female
7.3%
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?
$96,511
Median Household Income
+63% vs state
$73,148
Per Capita Income
12.2%
Poverty Rate
5.8%
Unemployment Rate
25.7 min
Mean Commute Time
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?
8,554
Total Housing Units
7,543
Occupied Units
1,011
Vacant Units
2.17
Avg Household Size
Occupancy Type
$611,800
Median Home Value
+184% vs state
$1,117
Median Rent
1994
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
+2.4%
YoY Change (2024)
194
HPI Index (2000 = 100)
+94%
Total Change Since 2000
Home values in ZIP 87506 have increased 2.4% over the past year (2024). Since 2000, this ZIP has seen +94% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +1.1% | 140 |
| 2021 | +11.0% | 155 |
| 2022 | +16.4% | 180 |
| 2023 | +5.0% | 189 |
| 2024 | +2.4% | 194 |
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 212 business establishments in ZIP 87506, employing approximately 2,816 people with a combined annual payroll of $230,872,000.
212
Businesses
2,816
Employees
$230.9M
Annual Payroll
13
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 28 | 13.2% |
| Construction | 26 | 12.3% |
| Real estate and rental and leasing | 25 | 11.8% |
| Professional, scientific, and technical services | 23 | 10.8% |
| Accommodation and food services | 21 | 9.9% |
| Other services (except public administration) | 21 | 9.9% |
| Health care and social assistance | 14 | 6.6% |
| Finance and insurance | 11 | 5.2% |
| Administrative and support and waste management and remediation services | 10 | 4.7% |
| Arts, entertainment, and recreation | 10 | 4.7% |
| Educational services | 8 | 3.8% |
| Wholesale trade | 4 | 1.9% |
| Agriculture, forestry, fishing and hunting | 3 | 1.4% |
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 87506 vs 87574 →
More ZIP Codes in Santa Fe County
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Frequently Asked Questions
What county is ZIP code 87506 in? ▼
What is the population of ZIP code 87506? ▼
What is the median household income in ZIP 87506? ▼
What is the average home value in ZIP 87506? ▼
What is the demographic makeup of ZIP 87506? ▼
How many businesses are in ZIP code 87506? ▼
What are the main industries in ZIP code 87506? ▼
How have home values changed in ZIP code 87506? ▼
What is the education level in ZIP code 87506? ▼
What is the average commute time in ZIP 87506? ▼
What percentage of residents own vs. rent in ZIP 87506? ▼
What is the poverty rate in ZIP code 87506? ▼
ZIP Code Research Guides
Official Data Resources for Santa Fe, 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.
Read our methodology , how this data is sourced, computed, and verified.