PlainZIP

Santa Fe, NM · standard

ZIP Code 87508

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

18,183
48/sq mi
$101,565
Median income
$561,200
Median home value
53.3%
Bachelor's or higher

The verdict

Santa Fe pairs an upper-quartile household income with upper-quartile home values, in a rural, homeowner-dominated area.

Top 18%
household income, US ZIPs
Top 11%
home value, US ZIPs
48
people per sq mi
93%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 87508 against every reporting US ZIP.

ZIP code 87508 is a mid-sized community (a standard USPS delivery area) in Santa Fe, Santa Fe County, New Mexico, home to 18,183 residents across 382.8 square miles, a density of 48 people per square mile, in the Denver time zone.

ZIP 87508 lands in the middle-income range, with a median household income of $101,565 (71% above the New Mexico average), while per-capita income is $59,189. Local economic indicators show a 9.4% poverty rate alongside 3.8% unemployment. 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.

This is a highly-educated ZIP: 53.3% of adults hold a bachelor's degree or higher, the median age is 55.9, and the average commute is 26 minutes. To put 87508 in local context, 3 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Santa Fe County, for a geography-aware comparison.

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 87508

Top 5 sectors by establishment count in Santa Fe, NM

Which industries have the most business establishments in ZIP 87508.

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 87508, Santa Fe, 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

18,183

Population

382.8

Area (sq mi)

48

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 87508?

55.9

Median Age

50.0%

Male

50.0%

Female

9.6%

Foreign-Born

White 66.6%
African American 0.9%
Asian 1.4%
American Indian or Alaska Native 2.2%
Native Hawaiian or Pacific Islander 0.4%
Two or More Ethnicities 21.6%
Hispanic or Latino 37.9%

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

How ZIP 87508 ranks nationally

Santa Fe, NM household income vs. every US ZIP code

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

$101,565 Top 18% higher than 82% 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%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). This entry sits in this band. $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 67.7%
Bachelor's Degree or Higher 53.3%

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

Owner 92.6%
Renter 7.4%

$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 →

ZIP 87508 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 87508 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 87508 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 87508 ranks the highest of 4 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
87540 Lamy, NM 923 6.8 mi
87505 Santa Fe, NM 31,013 8.6 mi
87507 Santa Fe, NM 45,890 9.1 mi

More ZIP Codes in Santa Fe County

87507 standard
Santa Fe, NM
Pop: 45,890
87505 standard
Santa Fe, NM
Pop: 31,013
87501 standard
Santa Fe, NM
Pop: 15,147
87015 standard
Edgewood, NM
Pop: 13,105
87506 standard
Santa Fe, NM
Pop: 12,580
87567 standard
Santa Cruz, NM
Pop: 1,634

Related Areas

Santa Fe County Santa Fe, NM New Mexico

Frequently Asked Questions

What county is ZIP code 87508 in? ▼
ZIP code 87508 (Santa Fe) is located in Santa Fe County, New Mexico. Santa Fe County contains multiple ZIP codes, see the full list at /counties/santa-fe-nm.
What is the population of ZIP code 87508? ▼
ZIP code 87508 in Santa Fe, NM has a population of 18,183 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 87508? ▼
The median household income in ZIP 87508 is $101,565, which is 33% above the national average of $76,288.
What is the average home value in ZIP 87508? ▼
The median home value in ZIP 87508 is $561,200, which is 102% above the national average of $278,155.
What is the demographic makeup of ZIP 87508? ▼
The largest racial group in ZIP 87508 is White at 66.6%. Hispanic or Latino residents make up 37.9% of the population.
How many businesses are in ZIP code 87508? ▼
ZIP code 87508 has 373 business establishments employing approximately 2,160 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 87508? ▼
The top industries by establishment count in ZIP 87508 are: Professional, scientific, and technical services (70), Construction (60), Health care and social assistance (39). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 87508? ▼
According to the FHFA House Price Index, home values in ZIP 87508 increased by 12.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 155%. 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 87508? ▼
In ZIP code 87508, 67.7% of residents aged 25+ have a high school diploma or higher, and 53.3% 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 87508? ▼
The mean commute time for workers in ZIP code 87508 is 26.1 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 87508? ▼
In ZIP code 87508, approximately 92.6% of occupied housing units are owner-occupied and 7.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 87508? ▼
The poverty rate in ZIP code 87508 is 9.4% 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.