ZIP Code 87043 is associated with the U.S. city Placitas in New Mexico (Sandoval County). The current population estimate for the ZIP Code is 4,686. In this New Mexico region, an estimated 55.2% have a bachelor's degree or higher, while the per capita income comes in at about $51,204. Median househould income is at $80,224, with an estimated 1% of the population living below the poverty line. The median age in ZIP Code 87043 is approximately 61.8 years, and 49.5% of the region's residents are aged 62 years and older.
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The median household income in ZIP Code 87043 is $80,224, while the region's mean household income is $102,408. Breaking income down further, per capita income in the region is $51,204. The per capita income in ZIP Code 87043 of $51,204 is approximately 88.04% more than the per capita income in New Mexico overall of $27,230. An estimated 1.0% of the population is living below the poverty line in this region. This rate is approximately 89.47% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 20.9% of the population in 87043 earn $100,000 to $149,999 per year, while an estimated 17.4% earn $50,000 to $74,999 per year, and 0.6% of 87043 residents earn less than $10,000 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 0.6% |
| $10,000 to $14,999 per year | 1.8% |
| $15,000 to $24,999 per year | 4.2% |
| $25,000 to $34,999 per year | 7.0% |
| $35,000 to $49,999 per year | 15.3% |
| $50,000 to $74,999 per year | 17.4% |
| $75,000 to $99,999 per year | 13.0% |
| $100,000 to $149,999 per year | 20.9% |
| $150,000 to $199,999 per year | 10.1% |
| $200,000 or more per year | 9.7% |
Looking at race in the population that makes up ZIP Code 87043, 95.3% is one race, while 4.7% are two or more races. Approximately 22.2% of 87043 residents are hispanic or Latino (of any race). The most common race in 87043 (race alone or in combination with one or more other races), is White (93.8%), followed by Some other race (5.7%) .
| Industry | Percent |
|---|---|
| White | 93.8% |
| Black or African American | 0.0% |
| American Indian and Alaska Native | 4.3% |
| Asian | 1.0% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 5.7% |
Residents of ZIP Code 87043 are older than average. The median age of 61.8 years in ZIP Code 87043 is approximately 62.2% higher than the overall median age in the U.S. of 38.1 years. About 92.8% of residents are aged 18 years and older, and 49.5% of residents are 62 years and over. Approximately 27.4% of the population in 87043 falls in the age group 65 to 74 years, while an estimated 19.1% are aged 60 to 64 years. On the low end of the scale, 0.3% of 87043 residents are aged under 5 years.
| Age Range | Percent |
|---|---|
| Under 5 years | 0.3% |
| 5 to 9 years | 1.2% |
| 10 to 14 years | 3.4% |
| 15 to 19 years | 3.0% |
| 20 to 24 years | 2.0% |
| 25 to 34 years | 2.7% |
| 35 to 44 years | 6.6% |
| 45 to 54 years | 14.8% |
| 55 to 59 years | 11.2% |
| 60 to 64 years | 19.1% |
| 65 to 74 years | 27.4% |
| 75 to 84 years | 7.0% |
| 85 years and over | 1.4% |
In ZIP Code 87043, 96.9% of the population graduated high school, while 55.2% have a bachelor's degree or higher. In this region, 0.0% achieved an education level less than 9th grade, while 24.6% hold a graduate or professional degree. Approximately 15.3% in this Sandoval County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 0.0% |
| 9th to 12th grade, no diploma | 3.1% |
| High school graduate (includes equivalency) | 15.3% |
| Some college, no degree | 20.3% |
| Associate's degree | 6.2% |
| Bachelor's degree | 30.6% |
| Graduate or professional degree | 24.6% |
In 87043, 48.5% of the population is in the labor force. Recent estimates place 9.2% as working from home, while the total labor force in the region has a mean travel to time to work of 33.1 minutes. Approximately 17.6% of the employed population 16 years and over in 87043 work in professional, scientific, management, and administrative, while an estimated 15.2% work in educational services, and health care and social assistance. On the lower end of the scale, just 0.0% of 87043 workers 16 years and over work in other services, except public administration.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 4.2% |
| Construction | 8.6% |
| Manufacturing | 4.5% |
| Wholesale trade | 1.2% |
| Retail trade | 12.6% |
| Transportation and warehousing, and utilities | 2.8% |
| Information | 3.9% |
| Finance and insurance, and real estate and rental and leasing | 7.0% |
| Professional, scientific, management, and administrative | 17.6% |
| Educational services, and health care and social assistance | 15.2% |
| Arts, entertainment, and recreation, and accommodation and food services | 12.2% |
| Other services, except public administration | 0.0% |
| Public administration | 10.2% |
In ZIP Code 87043, 82.8% of the population lists "English only" as the language spoken in home, while 13.6% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 2.7% of homes, and other Indo-European languages are spoken in 0.3% of homes. Lastly, 0.6% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Sandoval County region.
| Language Spoken | Percent |
|---|---|
| English only | 82.8% |
| Spanish | 13.6% |
| Other Indo-European languages | 2.7% |
| Asian and Pacific Islander languages | 0.3% |
| Other languages | 0.6% |
Regarding the age of homes in ZIP Code 87043, an estimated 38.2% of homes were built between 1990 and 1999. Additionally, 26.8% of homes in the region were built between 2000 and 2009, while an estimated 0.0% of homes were built between 1940 and 1949 in this Sandoval County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.5% |
| Built between 2010 and 2013 | 1.2% |
| Built between 2000 and 2009 | 26.8% |
| Built between 1990 and 1999 | 38.2% |
| Built between 1980 and 1989 | 18.6% |
| Built between 1970 and 1979 | 9.6% |
| Built between 1960 and 1969 | 1.8% |
| Built between 1950 and 1959 | 1.6% |
| Built between 1940 and 1949 | 0.0% |
| Built in 1939 or earlier | 1.8% |
Regarding consumer complaints about financial products in ZIP Code 87043, checking or savings account have received the most complaints in 87043 in the past 12 months. Credit card or prepaid card received the second most complaints. The most frequent complaint overall in this Sandoval County region was false statements or representation.
| Complaint Product | Number of Complaints* |
|---|---|
| Checking or savings account | 1 |
| Credit card or prepaid card | 1 |
| Debt collection | 1 |
| Complaint Issue | Number of Complaints* |
|---|---|
| False statements or representation | 1 |
| Managing an account | 1 |
| Problem when making payments | 1 |
Regarding solar power potential, ZIP Code 87043 has an average daily solar radiation level of 6.41 kWh/m2/day. This is approximately 55.58% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 2.73% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 87043 | 12.31¢/kWh | 10.2¢/kWh | 5.87¢/kWh |
| New Mexico | 14.14¢/kWh | 10.5¢/kWh | 5.65¢/kWh |
| United States | 16.1¢/kWh | 12.81¢/kWh | 7.81¢/kWh |
| Month | ZIP Code 87043 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 5.81 | 1.9 | 5.84 |
| Feb | 6.33 | 3 | 6.31 |
| Mar | 6.53 | 3.65 | 7.02 |
| Apr | 6.86 | 5.13 | 7.3 |
| May | 6.82 | 5.17 | 7.13 |
| Jun | 6.88 | 5.72 | 6.95 |
| Jul | 6.44 | 6.22 | 6.51 |
| Aug | 6.67 | 6.08 | 6.65 |
| Sep | 6.97 | 5.15 | 7.02 |
| Oct | 6.6 | 3.32 | 6.92 |
| Nov | 5.95 | 2.33 | 5.99 |
| Dec | 5.03 | 1.78 | 5.46 |