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

Population 43,351
Median Household Income $59,387
Median Home Value $225,300
Median Rent $913
Median Age 40.1
Unemployment Rate 4.7%
Poverty Rate 20.6%
Bachelor's Degree or Higher 33.0%
State New Mexico

ZIP 87123 vs. New Mexico vs. U.S.

MetricZIP 87123NM Avg.U.S. Avg.
Population43k5,89610k
Median Household Income$59k$55k$73k
Median Home Value$225k$190k$258k
Median Rent$913$897$1,088
Median Age40.146.243.2
Unemployment Rate4.7%6.3%5.0%
Poverty Rate20.6%19.9%13.3%
Bachelor's Degree or Higher33.0%23.0%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

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