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Data updated 2026-10-07

ZIP Code 87121 · Albuquerque, NM

Bernalillo County · pop 75,510 · ACS 2020–2024

The median household income in ZIP Code 87121 (Albuquerque, NM) is $60,796, higher than 59% of the other ZIP Codes in New Mexico.

Its FHFA home price index changed +68.8% over the five years to 2025.

01 — Where it stands

$60,796
Median household income
± $3,602 MOE
$208,200
Median home value
± $6,344 MOE
$1,321
Median gross rent
21.5%
Poverty rate
Percentiles for ZIP Code 87121 within Bernalillo County, New Mexico and the U.S.
MeasureValueCounty percentileState percentileU.S. percentile
Median household income$60,796 ± $3,60226th percentile (20 ZIP Codes compared)59th percentile (175 ZIP Codes compared)27th percentile (22,922 ZIP Codes compared)
Per capita income$24,3000th percentile (20 ZIP Codes compared)32nd percentile (175 ZIP Codes compared)8th percentile (22,922 ZIP Codes compared)
Poverty rate21.5%84th percentile (20 ZIP Codes compared)56th percentile (175 ZIP Codes compared)86th percentile (22,922 ZIP Codes compared)
Adults with a bachelor’s degree or higher13.2%0th percentile (20 ZIP Codes compared)27th percentile (175 ZIP Codes compared)11th percentile (22,922 ZIP Codes compared)
Owner-occupied homes76.9%73rd percentile (20 ZIP Codes compared)47th percentile (175 ZIP Codes compared)51st percentile (22,922 ZIP Codes compared)
Housing vacancy rate2.8%15th percentile (20 ZIP Codes compared)1st percentile (175 ZIP Codes compared)8th percentile (22,922 ZIP Codes compared)
Median home value$208,200 ± $6,3445th percentile (19 ZIP Codes compared)54th percentile (172 ZIP Codes compared)39th percentile (22,833 ZIP Codes compared)
Median gross rent$1,32163rd percentile (20 ZIP Codes compared)84th percentile (171 ZIP Codes compared)66th percentile (22,865 ZIP Codes compared)
Income inequality (Gini index)0.3925th percentile (20 ZIP Codes compared)13th percentile (175 ZIP Codes compared)22nd percentile (22,922 ZIP Codes compared)
Average adjusted gross income per return$42,8190th percentile (20 ZIP Codes compared)22nd percentile (145 ZIP Codes compared)4th percentile (22,230 ZIP Codes compared)
Returns with AGI of $200,000 or more0.4%0th percentile (20 ZIP Codes compared)33rd percentile (145 ZIP Codes compared)13th percentile (22,230 ZIP Codes compared)
Home price index, 5-year change+68.8%100th percentile (19 ZIP Codes compared)93rd percentile (98 ZIP Codes compared)86th percentile (18,843 ZIP Codes compared)
Business establishments per 1,000 residents8.85th percentile (20 ZIP Codes compared)27th percentile (167 ZIP Codes compared)8th percentile (22,700 ZIP Codes compared)
Average annual pay per employee$45,69031st percentile (20 ZIP Codes compared)57th percentile (164 ZIP Codes compared)40th percentile (22,551 ZIP Codes compared)

Percentile groups: Bernalillo County · New Mexico · U.S. Hover a percentile for the number of ZIP Codes compared. MOE = 90% margin of error.

02 — Home prices

+3.7%
1-year change
2024–2025
+68.8%
5-year change
2020–2025
+127.7%
10-year change
2015–2025

Home price index — ZIP Code 87121

Home price index, ZIP Code 87121, 2000–2025Line chart of the annual home price index: 100.0 in 2000 and 280.6 in 2025. Every value is listed in the data table below the chart.100150200250300200020052010201520202025280.6

FHFA ZIP Code index (2000 = 100) — annual, developmental, not seasonally adjusted.

Data table
Home price index by year, ZIP Code 87121
YearIndexAnnual change
2000100.0−1.5%
2001107.2+7.2%
2002108.9+1.5%
2003111.4+2.4%
2004115.8+3.9%
2005124.9+7.9%
2006143.4+14.8%
2007151.9+5.9%
2008149.6−1.5%
2009138.8−7.2%
2010134.0−3.5%
2011128.8−3.9%
2012119.0−7.5%
2013119.10.0%
2014120.4+1.1%
2015123.2+2.4%
2016131.0+6.3%
2017139.9+6.8%
2018144.3+3.1%
2019152.2+5.5%
2020166.2+9.2%
2021195.1+17.4%
2022227.7+16.7%
2023253.2+11.2%
2024270.7+6.9%
2025280.6+3.7%

03 — Nearby ZIP Codes

ZIP Code 87121 and nearby ZIP Codes
ZIPPlaceDistanceMedian household incomeMedian home valuePoverty rate5-yr HPI change
87121Albuquerque, NMthis ZIP Code$60,796$208,20021.5%+68.8%
87151Albuquerque, NM1.7 mi————
87120Albuquerque, NM11.2 mi$86,907$300,60011.7%+56.1%
87105Albuquerque, NM11.6 mi$55,644$220,90019.1%+60.1%
87022Isleta, NM13.2 mi$55,329$153,6008.8%—
87104Albuquerque, NM13.5 mi$75,436$362,50012.6%+49.1%
87102Albuquerque, NM14.4 mi$42,990$197,30026.0%+65.3%

Up to six nearest ZIP Code Tabulation Areas within 30 miles, by straight-line distance between Census center points (2024 Gazetteer).

04 — Business mix

664
Establishments
10,331
Employees
$472.0M
Annual payroll
$45,690
Average pay per employee
Establishments by sector, ZIP Code 87121
SectorEstablishmentsShare of ZIPU.S. shareRelative concentration
Construction14922.4%9.6%2.3×
Retail trade9814.8%12.4%1.2×
Accommodation & food services8012.0%9.3%1.3×
Transportation & warehousing497.4%3.3%2.2×
Health care & social assistance487.2%11.9%0.6×
Real estate & rental446.6%5.5%1.2×
Other services446.6%9.5%0.7×
Wholesale trade416.2%4.4%1.4×
Administrative & support services304.5%5.3%0.9×
Finance & insurance213.2%5.5%0.6×
All other sectors588.7%20.0%0.4×

Counts are establishments (business locations), not jobs. Relative concentration = the sector’s share of establishments here divided by its share in the U.S. (1.0× = the same share). Average pay is shown only where at least 20 employees are reported. ZIP Code Business Patterns 2023.

05 — About this data

How percentiles are calculated

Percentiles compare this ZIP Code with other ZIP Codes in the same county, the same state and the whole country. Only ZIP Codes with their own American Community Survey estimate, a population of at least 1,000 and a published median household income are compared, and only those with a value for the measure. A percentile of 64th means the value is higher than 64% of the other ZIP Codes in that group (0 is the lowest value, 100 the highest); it describes the size of a number, not a judgment about the area. County and state percentiles are left blank when the group has fewer than 5 ZIP Codes. The number of ZIP Codes compared is shown with each percentile.

Census figures are published for ZIP Code Tabulation Areas, which approximate USPS ZIP Code delivery areas; values shown as — are not published or are suppressed by the source.

Use of this page

Area statistics only. These figures describe a ZIP Code area — not any person or household — and do not rate the area or the people who live there. CoverFi is not a consumer reporting agency; do not use this page to make decisions about credit, insurance, employment or housing.

Sources

  1. U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, ZIP Code Tabulation Areas. Estimates are survey-based and have margins of error.
  2. U.S. Census Bureau, ZIP Code Business Patterns 2023 (establishment counts by NAICS sector; employment and payroll totals).
  3. Federal Housing Finance Agency, House Price Index for five-digit ZIP Codes, census tracts and counties — annual, developmental, not seasonally adjusted.
  4. IRS Statistics of Income, Individual Income Tax ZIP Code Data, tax year 2022.
  5. U.S. Census Bureau, 2024 Gazetteer Files (ZCTA locations, used for nearby ZIP Codes).
  6. HUD USPS ZIP Code Crosswalk Files (ZIP-to-tract and ZIP-to-county assignment).

This product uses Census Bureau data but is not endorsed or certified by the Census Bureau. This product uses the HUD User Data API but is not endorsed or certified by HUD User. ZIP Code Tabulation Areas are Census approximations of USPS ZIP Code delivery areas and may not match them exactly. ZIP Code is a trademark of the United States Postal Service.