Las Vegas, NM · standard
ZIP Code 87701
San Miguel County, New Mexico - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 20,081
- 5/sq mi Low-density area
- $49,920
- Median income Below-median income area
- $182,200
- Median home value Near-median home value
- 29.0%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Las Vegas pairs one of the lowest household incomes in the country with below-median home values, in a rural, homeowner-dominated area.
- 14th pct
- household income, US ZIPs
- 39th pct
- home value, US ZIPs
- 5
- people per sq mi
- 64%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 87701 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 87701 (Las Vegas, NM) rose +2.5% from 2023 to 2024. The all-transactions index moved from 190.7 in 2023 to 195.4 in 2024 (2000 = 100).
ZIP code 87701 is a densely settled ZIP (a standard USPS delivery area) in Las Vegas, San Miguel County, New Mexico, with 20,081 residents across 4183.5 square miles, a density of 5 people per square mile, in the Denver time zone.
ZIP 87701 reports a modest median household income of $49,920 (16% below the average New Mexico ZIP), while per-capita income is $29,888. The poverty rate is 28.0%, so the area-level income figures should not be treated as typical household experience. Home values sit below the statewide ZIP benchmark: the median is $182,200 (15% below the average New Mexico ZIP), and median rent is $811; owner occupancy is 64.2%.
Educational attainment sits below the national norm: 29.0% of adults hold a bachelor's degree or higher, the median age is 45.7, and the average commute is 18 minutes. No nearby ZIP peer set is available for this delivery area, so the New Mexico and national benchmarks above are the appropriate context for 87701.
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 87701
Top 5 sectors by establishment count in Las Vegas, NM
Which industries have the most business establishments in ZIP 87701.
- Health care and social assistance
Health care and social assistance
68 establishments
- Accommodation and food services
Accommodation and food services
56 establishments
- Retail trade
Retail trade
55 establishments
- Other services (except public administration)
Other services (except public administration)
29 establishments
- Construction 25
Construction
25 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 87701, Las Vegas, 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
20,081
Population
4183.5
Area (sq mi)
5
People / sq mi
Denver
Time Zone
standard
ZIP Type
Who lives in ZIP 87701?
45.7
Median Age
46.2%
Male
53.8%
Female
2.3%
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?
$49,920
Median Household Income
-16% vs state ZIP avg
$29,888
Per Capita Income
28.0%
Poverty Rate
3.7%
Unemployment Rate
18.2 min
Mean Commute Time
How ZIP 87701 ranks among New Mexico ZIPs
Las Vegas, 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)
$49,920 40th percentile higher than 40% 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
9,450housing units
9,450
Total Housing Units
7,925
Occupied Units
1,525
Vacant Units
2.06
Avg Household Size
Occupancy Type
$182,200
Median Home Value
-15% vs state ZIP avg
$811
Median Rent
1974
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
+2.5%
YoY Change (2024)
195
HPI Index (2000 = 100)
+95%
Total Change Since 2000
Home values in ZIP 87701 have increased 2.5% over the past year (2024). Since 2000, this ZIP has seen +95% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +1.1% | 139 |
| 2021 | +15.5% | 160 |
| 2022 | +10.1% | 176 |
| 2023 | +8.1% | 191 |
| 2024 | +2.5% | 195 |
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 334 business establishments in ZIP 87701, employing approximately 7,564 people with a combined annual payroll of $175,033,000.
334
Businesses
7,564
Employees
$175.0M
Annual Payroll
13
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 68 | 20.4% |
| Accommodation and food services | 56 | 16.8% |
| Retail trade | 55 | 16.5% |
| Other services (except public administration) | 29 | 8.7% |
| Construction | 25 | 7.5% |
| Finance and insurance | 23 | 6.9% |
| Professional, scientific, and technical services | 21 | 6.3% |
| Real estate and rental and leasing | 12 | 3.6% |
| Information | 10 | 3.0% |
| Administrative and support and waste management and remediation services | 10 | 3.0% |
| Transportation and warehousing | 9 | 2.7% |
| Wholesale trade | 5 | 1.5% |
| Manufacturing | 4 | 1.2% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 87701, 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 (20,081 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in San Miguel County
Related Areas
Frequently Asked Questions
What county is ZIP code 87701 in?
ZIP code 87701 (Las Vegas) is located in San Miguel County, New Mexico. San Miguel County contains multiple ZIP codes, see the full list at /counties/san-miguel-nm.
What is the population of ZIP code 87701?
ZIP code 87701 in Las Vegas, NM has a population of 20,081 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 87701?
The median household income in ZIP 87701 is $49,920, which is 35% below the national average of $76,288.
What is the average home value in ZIP 87701?
The median home value in ZIP 87701 is $182,200, which is 34% below the national average of $278,155.
What is the demographic makeup of ZIP 87701?
The largest racial group in ZIP 87701 is Two or More Ethnicities at 42.3%. Hispanic or Latino residents make up 76.3% of the population.
How many businesses are in ZIP code 87701?
ZIP code 87701 has 334 business establishments employing approximately 7,564 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 87701?
The top industries by establishment count in ZIP 87701 are: Health care and social assistance (68), Accommodation and food services (56), Retail trade (55). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 87701?
According to the FHFA House Price Index, home values in ZIP 87701 increased by 2.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 95%. 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 87701?
In ZIP code 87701, 54.7% of residents aged 25+ have a high school diploma or higher, and 29.0% 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 87701?
The mean commute time for workers in ZIP code 87701 is 18.2 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 87701?
In ZIP code 87701, approximately 64.2% of occupied housing units are owner-occupied and 35.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 87701?
The poverty rate in ZIP code 87701 is 28.0% 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 87701's numbers, next.
- See how ZIP 87701 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Las Vegas, NM ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.