87008 Zip Code

April 20, 2024

Zip Code:	87008
City/Town:	Cedar Crest
State:	New Mexico

Population:	2,552
Per Capita Income:	$37,599
Mean Household Income:	$83,486

Total Housing Units:	1,131
Median Home Value:	$177,200
Median Year Homes Built:	1982

Land Area:	28.3 sq miles 73.3 sq kilometers
Water Area:	0.0 sq miles 0.0 sq kilometers

Population Information (87008 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

2,552

Male:

1,278

50.1%

49.2%

Female:

1,274

49.9%

50.8%

Median Age:

51.0 yrs

37.2 yrs

Under 5 years:

3.5%

6.5%

5 to 9 years:

118

5.8%

6.6%

10 to 19 years:

275

10.8%

13.8%

20 to 29 years:

168

6.6%

13.8%

30 to 39 years:

197

7.7%

13.0%

40 to 49 years:

372

14.6%

14.2%

50 to 59 years:

631

24.7%

13.6%

60 to 69 years:

462

18.1%

9.4%

70 to 79 years:

168

6.6%

5.4%

80 years and over:

2.8%

3.7%

Housing Information (87008 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$177,200

$119,600

Median year homes build:

1982

1971

Median real estate taxes:

$964 / yr.

$1,334 / yr.

Median rent:

$604 / mo.

$519 / mo.

Total households:

1,131

Family households:

776

68.6%

66.4%

Nonfamily households:

355

31.4%

33.6%

Households with individuals under 18 years:

244

21.6%

33.4%

Households with individuals 65 years and over:

303

26.8%

24.9%

Average household size:

2.2

Average family size:

2.7

Total housing units:

1,253

Occupied housing units:

1,131

90.3%

88.6%

Vacant housing units:

122

9.7%

11.4%

For rent:

1.4%

3.1%

Rented, not occupied:

0.2%

For sale only:

1.8%

1.4%

Sold, not occupied:

0.2%

0.3%

For seasonal, recreational, or occasional use:

3.0%

3.5%

All other vacants:

3.2%

2.8%

Homeowner vacancy rate:

2.3%

2.4%

Rental vacancy rate:

11.0%

9.2%

Owner-occupied housing units:

996

Population in owner-occupied housing units:

2,241

Average household size of owner-occupied units:

2.3

2.65

Renter-occupied housing units:

135

Population in renter-occupied housing units:

291

Average household size of renter-occupied units:

2.2

2.44

Educational Attainment (87008 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

2,185

Less than 9th grade:

1.4%

6.2%

9th to 12th grade, no diploma:

3.2%

8.7%

High school graduate (includes equivalency):

327

15.0%

29.0%

Some college, no degree:

487

22.3%

20.6%

Associate degree:

138

6.3%

7.5%

Bachelor's degree:

582

26.6%

17.6%

Graduate or professional degree:

550

25.2%

10.3%

Percent high school graduate or higher:

95.4%

85.0%

Percent bachelor's degree or higher:

51.8%

27.9%

Income Information (87008 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

1,166

45.7%

50.4%

Median income:

$45,058 / yr.

$27,932 / yr.

Full-time, year-round workers:

648

25.4%

59.7%

Median income:

$61,207 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,013

39.7%

49.6%

Median income:

$21,921 / yr.

$16,327 / yr.

Full-time, year-round workers:

449

17.6%

40.3%

Median income:

$31,060 / yr.

$28,135 / yr.

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