87508 can be classified socioeconomically as Middle Class class compared to other ZIP Codes in New Mexico based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 87508 is White. The majority race/ethnicity attending public schools in 87508 is Hispanic. The current unemployment level in 87508 is 5.2%.
| Population | 18,245 |
| Population Growth Rate | -6.34% |
| Population Density | 104 People per Square Mile |
| Total Households | 7,296 |
| Percentage High Income Households | 6.3% |
| Median Household Income (2021) | $78,624 |
| Average Adjusted Gross Income (2021) | $421,510 |
| Current Unemployment Rate (September 2025) | 5.2% |
| Sales Tax Rate (2025) | 6.9% |
| Majority Race/Ethnicty | White - 64.67% |
| Public School Majority Race/Ethnicty | Hispanic - 65.37% |
87508 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 14,590 | 64.67% |
| Black | 188 | 0.83% |
| Hispanic | 7,421 | 32.9% |
| Asian | 200 | 0.89% |
| Native American | 160 | 0.71% |
| Hawaiian/Pac. Islander | 0 | 0% |
87508 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 619 | 28.53% |
| Black | 21 | 0.97% |
| Hispanic | 1,433 | 66.04% |
| Asian | 43 | 1.98% |
| Native American | 43 | 1.98% |
| Hawaiian/Pac. Islander | 11 | 0.51% |
87508 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 769 | 5.7% |
| Bachelor Degree | 3,941 | 29.22% |
| High School Diploma | 2,077 | 15.4% |
| No High School Diploma | 237 | 1.76% |
| GED or Alternate | 588 | 4.36% |
| 1 or More Years of College | 2,369 | 17.57% |
| Associates Degree | 572 | 4.24% |
| Masters Degree | 1,507 | 11.17% |
| Professional Degree | 687 | 5.09% |
| Doctorate Degree | 740 | 5.49% |