87123 ZIP Code – Albuquerque, New Mexico
87123 is a ZIP code serving Albuquerque, New Mexico in Bernalillo County with a population of approximately 43,351 residents. Residents earn a median household income of $59,387, which is near the New Mexico average and below the national figure. At $225,300, median home values run near the national average, with 67.0% owner-occupied housing (increasing). , and the median rent of $913 is below the national average. Housing consists of 63% single-family (decreasing), 16% apartments (increasing), 6% duplex/multi-family.
Unemployment stands at 4.7%, which is near the U.S. rate. The poverty rate is 20.6%, well above the national average. An estimated 33.0% of adults hold a bachelor's degree or higher, above the national average. The population has a median age of 40.1, near the national median. ZIP codes in the surrounding area include 87112, 87116, 87117.
ZIP Code 87123 Data
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ZIP 87123 vs. New Mexico vs. U.S.
| Metric | ZIP 87123 | NM Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 43k | 5,896 | 10k |
| Median Household Income | $59k | $55k | $73k |
| Median Home Value | $225k | $190k | $258k |
| Median Rent | $913 | $897 | $1,088 |
| Median Age | 40.1 | 46.2 | 43.2 |
| Unemployment Rate | 4.7% | 6.3% | 5.0% |
| Poverty Rate | 20.6% | 19.9% | 13.3% |
| Bachelor's Degree or Higher | 33.0% | 23.0% | 26.9% |
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Nearby ZIP Codes
- 87112 – Albuquerque
- 87116 – Albuquerque
- 87117 – Kirtland Afb
- 87111 – Albuquerque
- 87108 – Albuquerque
- 87110 – Albuquerque
- 87008 – Cedar Crest
- 87109 – Albuquerque
- 87122 – Albuquerque
- 87106 – Albuquerque
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 87112 | ALBUQUERQUE | 42,632 | $63,832 |
| 87116 | ALBUQUERQUE | 4,381 | $74,806 |
| 87117 | KIRTLAND AFB | 28 | Not provided |
| 87111 | ALBUQUERQUE | 56,830 | $80,358 |
| 87108 | ALBUQUERQUE | 36,147 | $34,016 |