PlainZIP

ZIP Code 87701

standard

Source:

Las Vegas · San Miguel County · New Mexico

Population
20,081

5/sq mi

Median income
$49,920

▼ 35% vs US

higher than 14% of US ZIPs

Median home value
$182,200

▼ 34% vs US

higher than 39% of US ZIPs

Bachelor's or higher
29.0%

Median age 45.7

Land area
4183.5 sq mi

Denver

ZIP code 87701 in Las Vegas, New Mexico has a population of 20,081. The median household income is $49,920, which is 35% below the national average. Median home value is $182,200, 34% below the US average. 29.0% of residents hold a bachelor's degree or higher.

ZIP code 87701 is classified by USPS as a standard delivery area and covers roughly 4183.5 square miles in Las Vegas, San Miguel County, New Mexico. The area is home to 20,081 residents, producing a population density of 5 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 87701 against New Mexico and the nation.

On the economic side, the median household income for ZIP 87701 sits at $49,920 (16% below the New Mexico average), while per-capita income is $29,888. The poverty rate stands at 28.0% and the unemployment rate at 3.7%. On housing, the median home value is $182,200 (15% below the state average) with median rent at $811 per month, and 64.2% of occupied units are owner-occupied, a direct signal of whether 87701 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 29.0% of adults hold a bachelor's degree or higher, the median age is 45.7, and the average commute is 18 minutes. Use the benchmarks above to see where 87701 sits relative to New Mexico and the national baseline rather than viewing the numbers in isolation. 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 87701

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 87701.

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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

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 87701?

45.7

Median Age

46.2%

Male

53.8%

Female

2.3%

Foreign-Born

White 37.6%
African American 2.0%
Asian 0.1%
American Indian or Alaska Native 2.5%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 42.3%
Hispanic or Latino 76.3%

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

$29,888

Per Capita Income

28.0%

Poverty Rate

3.7%

Unemployment Rate

18.2 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 54.7%
Bachelor's Degree or Higher 29.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

9,450

Total Housing Units

7,925

Occupied Units

1,525

Vacant Units

2.06

Avg Household Size

Occupancy Type

Owner 64.2%
Renter 35.8%

$182,200

Median Home Value

-15% vs state

$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.

More ZIP Codes in San Miguel County

87552 standard
Pecos, NM
Pop: 3,325
87560 standard
Ribera, NM
Pop: 1,445
87745 standard
Sapello, NM
Pop: 654
87742 standard
Rociada, NM
Pop: 609
87562 standard
Rowe, NM
Pop: 576
87538 standard
Ilfeld, NM
Pop: 493

Related Areas

San Miguel County Las Vegas, NM New Mexico

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.

ZIP Code Research Guides

Reading Census Demographics
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Understanding ZIP Code Data
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ZIP Codes for Relocation
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Official Data Resources for Las Vegas, NM

Verify and explore additional data for this area using these official government sources.

U.S. Census Bureau
Official demographic, economic, and housing data from the American Community Survey.
HUD Fair Market Rents
Department of Housing and Urban Development rental cost estimates by metropolitan area.
FBI Uniform Crime Reports
Official crime statistics compiled from law enforcement agencies nationwide.
FHFA House Price Index
Federal Housing Finance Agency home value trends based on repeat sales and appraisals.

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.