Espanola, NM · standard
ZIP Code 87532
Rio Arriba County, New Mexico - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 18,223
- 62/sq mi Moderate-density area
- $58,448
- Median income Below-median income area
- $238,800
- Median home value Near-median home value
- 23.2%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Espanola pairs a below-median household income with above-median home values, in a rural, homeowner-dominated area.
- 26th pct
- household income, US ZIPs
- Top 45%
- home value, US ZIPs
- 62
- people per sq mi
- 73%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 87532 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 87532 (Espanola, NM) rose +7.3% from 2023 to 2024. The all-transactions index moved from 194.9 in 2023 to 209.2 in 2024 (2000 = 100).
ZIP code 87532 is a mid-sized community (a standard USPS delivery area) in Espanola, Rio Arriba County, New Mexico, home to 18,223 residents across 295.3 square miles, a density of 62 people per square mile, in the Denver time zone.
ZIP 87532 reports a modest median household income of $58,448 (1% below the average New Mexico ZIP), while per-capita income is $32,609. The poverty rate is 17.2%, with unemployment at 5.2%; those measures add context to the income figure. Median home value is $238,800 (11% above the average New Mexico ZIP) and median rent is $877; 72.8% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 23.2% of adults hold a bachelor's degree or higher, the median age is 38.9, and the average commute is 30 minutes. The page also surfaces 4 ZIP codes within roughly 10 miles and 6 more in Rio Arriba County, so 87532 can be compared with both its immediate and county-level context.
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 87532
Top 5 sectors by establishment count in Espanola, NM
Which industries have the most business establishments in ZIP 87532.
- Health care and social assistance
Health care and social assistance
64 establishments
- Construction
Construction
52 establishments
- Retail trade
Retail trade
52 establishments
- Accommodation and food services
Accommodation and food services
39 establishments
- Other services (except public administration)
Other services (except public administration)
39 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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 87532, Espanola, 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
18,223
Population
295.3
Area (sq mi)
62
People / sq mi
Denver
Time Zone
standard
ZIP Type
Who lives in ZIP 87532?
38.9
Median Age
49.9%
Male
50.1%
Female
9.5%
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?
$58,448
Median Household Income
-1% vs state ZIP avg
$32,609
Per Capita Income
17.2%
Poverty Rate
5.2%
Unemployment Rate
29.7 min
Mean Commute Time
How ZIP 87532 ranks among New Mexico ZIPs
Espanola, NM household income vs. every New Mexico ZIP code
Median household income among 265 reporting New Mexico ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$58,448 Top 45% higher than 55% of 265 New Mexico ZIPs
Each bar is a $20K-wide band; taller bars hold more New Mexico 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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
8,741housing units
8,741
Total Housing Units
7,448
Occupied Units
1,293
Vacant Units
2.54
Avg Household Size
Occupancy Type
$238,800
Median Home Value
+11% vs state ZIP avg
$877
Median Rent
1980
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
+7.3%
YoY Change (2024)
209
HPI Index (2000 = 100)
+109%
Total Change Since 2000
Home values in ZIP 87532 have increased 7.3% over the past year (2024). Since 2000, this ZIP has seen +109% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +8.2% | 146 |
| 2021 | +11.8% | 163 |
| 2022 | +13.6% | 185 |
| 2023 | +5.4% | 195 |
| 2024 | +7.3% | 209 |
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 359 business establishments in ZIP 87532, employing approximately 4,416 people with a combined annual payroll of $164,062,000.
359
Businesses
4,416
Employees
$164.1M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 64 | 17.8% |
| Construction | 52 | 14.5% |
| Retail trade | 52 | 14.5% |
| Accommodation and food services | 39 | 10.9% |
| Other services (except public administration) | 39 | 10.9% |
| Professional, scientific, and technical services | 28 | 7.8% |
| Finance and insurance | 23 | 6.4% |
| Real estate and rental and leasing | 13 | 3.6% |
| Educational services | 10 | 2.8% |
| Arts, entertainment, and recreation | 9 | 2.5% |
| Administrative and support and waste management and remediation services | 8 | 2.2% |
| Manufacturing | 7 | 1.9% |
| Information | 6 | 1.7% |
| Transportation and warehousing | 4 | 1.1% |
| Wholesale trade | 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 87532 vs 87533 →
ZIP 87532 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 87532
Espanola (87532)
18,223 residents
- 87566 3,000
Ohkay Owingeh (87566)
3,000 residents
- 87537 2,957
Hernandez (87537)
2,957 residents
- 87567 1,634
Santa Cruz (87567)
1,634 residents
- 87533 185
Espanola (87533)
185 residents
What this shows Among its immediate neighbors, ZIP 87532 ranks the most populous - useful context the national average alone can't give.
ZIP 87532 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 87566
Ohkay Owingeh (87566)
$61,029 median income
- 87532
Espanola (87532)
$58,448 median income
- 87537
Hernandez (87537)
$48,228 median income
What this shows By household income, ZIP 87532 ranks #2 of 3 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 87532, both outside NM so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (18,223 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Rio Arriba County
Related Areas
Frequently Asked Questions
What county is ZIP code 87532 in?
ZIP code 87532 (Espanola) is located in Rio Arriba County, New Mexico. Rio Arriba County contains multiple ZIP codes, see the full list at /counties/rio-arriba-nm.
What is the population of ZIP code 87532?
ZIP code 87532 in Espanola, NM has a population of 18,223 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 87532?
The median household income in ZIP 87532 is $58,448, which is 23% below the national average of $76,288.
What is the average home value in ZIP 87532?
The median home value in ZIP 87532 is $238,800, which is 14% below the national average of $278,155.
What is the demographic makeup of ZIP 87532?
The largest racial group in ZIP 87532 is Two or More Ethnicities at 27.4%. Hispanic or Latino residents make up 73.7% of the population.
How many businesses are in ZIP code 87532?
ZIP code 87532 has 359 business establishments employing approximately 4,416 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 87532?
The top industries by establishment count in ZIP 87532 are: Health care and social assistance (64), Construction (52), Retail trade (52). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 87532?
According to the FHFA House Price Index, home values in ZIP 87532 increased by 7.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 109%. 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 87532?
In ZIP code 87532, 53.1% of residents aged 25+ have a high school diploma or higher, and 23.2% 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 87532?
The mean commute time for workers in ZIP code 87532 is 29.7 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 87532?
In ZIP code 87532, approximately 72.8% of occupied housing units are owner-occupied and 27.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 87532?
The poverty rate in ZIP code 87532 is 17.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 87532's numbers, next.
- See how ZIP 87532 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Espanola, NM ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.