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
- $49,920
- Median income
- $182,200
- Median home value
- 29.0%
- Bachelor's or higher
The verdict
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.
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 New Mexico average), while per-capita income is $29,888. 28.0% of residents live below the poverty line, and the unemployment rate reads 3.7%. The typical home here is valued at $182,200 (15% below the state average); renters pay a median of $811 monthly, and 64.2% of units are owner-occupied.
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. 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 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
$29,888
Per Capita Income
28.0%
Poverty Rate
3.7%
Unemployment Rate
18.2 min
Mean Commute Time
How ZIP 87701 ranks nationally
Las Vegas, NM household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$49,920 14th percentile higher than 14% of 30,318 US ZIPs
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?
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
$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
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Frequently Asked Questions
What county is ZIP code 87701 in? ▼
What is the population of ZIP code 87701? ▼
What is the median household income in ZIP 87701? ▼
What is the average home value in ZIP 87701? ▼
What is the demographic makeup of ZIP 87701? ▼
How many businesses are in ZIP code 87701? ▼
What are the main industries in ZIP code 87701? ▼
How have home values changed in ZIP code 87701? ▼
What is the education level in ZIP code 87701? ▼
What is the average commute time in ZIP 87701? ▼
What percentage of residents own vs. rent in ZIP 87701? ▼
What is the poverty rate in ZIP code 87701? ▼
Read our methodology to see how this data is sourced, computed, and verified.