ZIP Code 87508
standardSource:
Santa Fe · Santa Fe County · New Mexico
- Population
- 18,183
- Median income
- $101,565
- Median home value
- $561,200
- Bachelor's or higher
- 53.3%
- Land area
- 382.8 sq mi
48/sq mi
▲ 33% vs US
higher than 82% of US ZIPs
▲ 102% vs US
higher than 89% of US ZIPs
Median age 55.9
Denver
ZIP code 87508 in Santa Fe, New Mexico has a population of 18,183. The median household income is $101,565, which is 33% above the national average. Median home value is $561,200, 102% above the US average. 53.3% of residents hold a bachelor's degree or higher.
ZIP code 87508 is classified by USPS as a standard delivery area and covers roughly 382.8 square miles in Santa Fe, Santa Fe County, New Mexico. The area is home to 18,183 residents, producing a population density of 48 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 87508 against New Mexico and the nation.
On the economic side, the median household income for ZIP 87508 sits at $101,565 (71% above the New Mexico average), while per-capita income is $59,189. The poverty rate stands at 9.4% and the unemployment rate at 3.8%. On housing, the median home value is $561,200 (161% above the state average) with median rent at $1,623 per month, and 92.6% of occupied units are owner-occupied, a direct signal of whether 87508 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 53.3% of adults hold a bachelor's degree or higher, the median age is 55.9, and the average commute is 26 minutes. We also surface 3 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Santa Fe County, so you can benchmark 87508 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 87508
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 87508.
- Professional, scientific, and technical services
Professional, scientific, and technical services
70 establishments
- Construction
Construction
60 establishments
- Health care and social assistance
Health care and social assistance
39 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
30 establishments
- Other services (except public administration) 26
Other services (except public administration)
26 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 87508, 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
18,183
Population
382.8
Area (sq mi)
48
People / sq mi
Denver
Time Zone
standard
ZIP Type
Who lives in ZIP 87508?
55.9
Median Age
50.0%
Male
50.0%
Female
9.6%
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?
$101,565
Median Household Income
+71% vs state
$59,189
Per Capita Income
9.4%
Poverty Rate
3.8%
Unemployment Rate
26.1 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?
7,819
Total Housing Units
7,455
Occupied Units
364
Vacant Units
2.35
Avg Household Size
Occupancy Type
$561,200
Median Home Value
+161% vs state
$1,623
Median Rent
1997
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
+12.0%
YoY Change (2024)
255
HPI Index (2000 = 100)
+155%
Total Change Since 2000
Home values in ZIP 87508 have increased 12.0% over the past year (2024). Since 2000, this ZIP has seen +155% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +5.3% | 173 |
| 2021 | +11.2% | 192 |
| 2022 | +16.1% | 223 |
| 2023 | +2.3% | 228 |
| 2024 | +12.0% | 255 |
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 373 business establishments in ZIP 87508, employing approximately 2,160 people with a combined annual payroll of $114,482,000.
373
Businesses
2,160
Employees
$114.5M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 70 | 18.8% |
| Construction | 60 | 16.1% |
| Health care and social assistance | 39 | 10.5% |
| Real estate and rental and leasing | 30 | 8.0% |
| Other services (except public administration) | 26 | 7.0% |
| Accommodation and food services | 24 | 6.4% |
| Administrative and support and waste management and remediation services | 23 | 6.2% |
| Retail trade | 22 | 5.9% |
| Manufacturing | 19 | 5.1% |
| Information | 14 | 3.8% |
| Arts, entertainment, and recreation | 13 | 3.5% |
| Educational services | 12 | 3.2% |
| Wholesale trade | 7 | 1.9% |
| Transportation and warehousing | 5 | 1.3% |
| Finance and insurance | 3 | 0.8% |
| Management of companies and enterprises | 3 | 0.8% |
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 87508 vs 87540 →
More ZIP Codes in Santa Fe County
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Frequently Asked Questions
What county is ZIP code 87508 in? ▼
What is the population of ZIP code 87508? ▼
What is the median household income in ZIP 87508? ▼
What is the average home value in ZIP 87508? ▼
What is the demographic makeup of ZIP 87508? ▼
How many businesses are in ZIP code 87508? ▼
What are the main industries in ZIP code 87508? ▼
How have home values changed in ZIP code 87508? ▼
What is the education level in ZIP code 87508? ▼
What is the average commute time in ZIP 87508? ▼
What percentage of residents own vs. rent in ZIP 87508? ▼
What is the poverty rate in ZIP code 87508? ▼
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.