ZIP Code 87124 is associated with the U.S. city Rio Rancho in New Mexico (Sandoval County). The current population estimate for the ZIP Code is 55,173. In this New Mexico region, an estimated 29.0% have a bachelor's degree or higher, while the per capita income comes in at about $29,291. The median age in the 87124 ZIP Code is 40.1 years, with 22.2% of residents aged 62 years and older. Median househould income is approximately $60,767, and an estimated 6% of the population is living below the poverty line.
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The median household income in ZIP Code 87124 is $60,767, while the region's mean household income is $74,714. Breaking income down further, per capita income in the region is $29,291. The per capita income in ZIP Code 87124 of $29,291 is approximately 7.57% more than the per capita income in New Mexico overall of $27,230. An estimated 6.2% of the population is living below the poverty line in this region. This rate is approximately 34.74% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 20.1% of the population in 87124 earn $50,000 to $74,999 per year, while an estimated 16.1% earn $35,000 to $49,999 per year, and 3.4% of 87124 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 4.7% |
| $10,000 to $14,999 per year | 3.4% |
| $15,000 to $24,999 per year | 8.0% |
| $25,000 to $34,999 per year | 8.5% |
| $35,000 to $49,999 per year | 16.1% |
| $50,000 to $74,999 per year | 20.1% |
| $75,000 to $99,999 per year | 15.7% |
| $100,000 to $149,999 per year | 14.9% |
| $150,000 to $199,999 per year | 5.0% |
| $200,000 or more per year | 3.6% |
Looking at race in the population that makes up ZIP Code 87124, 95.6% is one race, while 4.4% are two or more races. Approximately 42.2% of 87124 residents are hispanic or Latino (of any race). The most common race in 87124 (race alone or in combination with one or more other races), is White (84.8%), followed by Some other race (8.3%) .
| Industry | Percent |
|---|---|
| White | 84.8% |
| Black or African American | 3.2% |
| American Indian and Alaska Native | 4.8% |
| Asian | 3.3% |
| Native Hawaiian and Other Pacific Islander | 0.3% |
| Some other race | 8.3% |
Residents of ZIP Code 87124 are older than average. The median age of 40.1 years in ZIP Code 87124 is approximately 5.25% higher than the overall median age in the U.S. of 38.1 years. About 77.8% of residents are aged 18 years and older, and 22.2% of residents are 62 years and over. Approximately 13.6% of the population in 87124 falls in the age group 25 to 34 years, while an estimated 13.4% are aged 35 to 44 years. On the low end of the scale, 2.5% of 87124 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 5.3% |
| 5 to 9 years | 6.8% |
| 10 to 14 years | 6.1% |
| 15 to 19 years | 6.4% |
| 20 to 24 years | 5.4% |
| 25 to 34 years | 13.6% |
| 35 to 44 years | 13.4% |
| 45 to 54 years | 11.6% |
| 55 to 59 years | 6.5% |
| 60 to 64 years | 6.5% |
| 65 to 74 years | 10.7% |
| 75 to 84 years | 5.2% |
| 85 years and over | 2.5% |
In ZIP Code 87124, 91.3% of the population graduated high school, while 29.0% have a bachelor's degree or higher. In this region, 2.9% achieved an education level less than 9th grade, while 10.4% hold a graduate or professional degree. Approximately 25.0% in this Sandoval County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 2.9% |
| 9th to 12th grade, no diploma | 5.8% |
| High school graduate (includes equivalency) | 25.0% |
| Some college, no degree | 26.6% |
| Associate's degree | 10.6% |
| Bachelor's degree | 18.6% |
| Graduate or professional degree | 10.4% |
One of the leading chronic health issues in ZIP Code 87124 is high cholesterol, as an estimated 32.2% of adults aged 18 and older deal with this issue. Another chronic health issue of concern for residents of 87124 is high blood pressure, as approximately 28.0% of adults 18 and older in this Sandoval County region contend with that issue.
| Health Issue | Percent of adults* |
|---|---|
| Arthritis | 22.2% |
| High blood pressure | 28.0% |
| Cancer (excluding skin cancer) | 6.4% |
| Current asthma | 10.3% |
| Coronary heart disease | 5.0% |
| Diagnosed diabetes | 9.8% |
| High cholesterol | 32.2% |
| Chronic kidney disease | 3.0% |
| Stroke | 2.8% |
One of the top preventative health measures in ZIP Code 87124 is current access to health insurance, as an estimated 92.1% of adults 18 and older take part in this preventive measure. Additionally, 82.0% of those 18 and above in 87124 list cholesterol screening, as a preventive measure. Common health risk behaviors in 87124 include obesity (33.9% of adults aged 18 and above) and sleeping less than 7 hours (30.1% of those 18 and older).
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 92.1% |
| Taking medicine for high blood pressure control | 74.7% |
| Visits to doctor for routine checkup | 64.9% |
| Cholesterol screening | 82.0% |
| Visits to dentist or dental clinic | 66.3% |
| Risk Behavior | Percent of adults* |
|---|---|
| Binge drinking | 14.5% |
| Current smoking | 13.3% |
| No leisure-time physical activity | 20.5% |
| Obesity | 33.9% |
| Sleeping less than 7 hours | 30.1% |
In 87124, 62.0% of the population is in the labor force. Recent estimates place 4.0% as working from home, while the total labor force in the region has a mean travel to time to work of 27.0 minutes. Approximately 23.8% of the employed population 16 years and over in 87124 work in educational services, and health care and social assistance, while an estimated 14.8% work in retail trade. On the lower end of the scale, just 0.4% of 87124 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.4% |
| Construction | 6.6% |
| Manufacturing | 4.6% |
| Wholesale trade | 2.9% |
| Retail trade | 14.8% |
| Transportation and warehousing, and utilities | 4.5% |
| Information | 1.1% |
| Finance and insurance, and real estate and rental and leasing | 8.9% |
| Professional, scientific, management, and administrative | 10.5% |
| Educational services, and health care and social assistance | 23.8% |
| Arts, entertainment, and recreation, and accommodation and food services | 8.8% |
| Other services, except public administration | 6.2% |
| Public administration | 6.9% |
In ZIP Code 87124, 79.9% of the population lists "English only" as the language spoken in home, while 17.1% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.9% of homes, and other Indo-European languages are spoken in 1.0% of homes. Lastly, 1.1% 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 | 79.9% |
| Spanish | 17.1% |
| Other Indo-European languages | 0.9% |
| Asian and Pacific Islander languages | 1.0% |
| Other languages | 1.1% |
The median home value in ZIP Code 87124 in March 2024 comes in at $335,004. The March 2024 value is approximately 2% higher than the $327,559 median value in October 2023, and 7% higher than the $313,900 median value in April 2023. Regarding the age of homes in ZIP Code 87124, an estimated 29.0% of homes were built between 1980 and 1989. Additionally, 26.6% of homes in the region were built between 2000 and 2009, while an estimated 0.0% of homes were built in 1939 or earlier in this Sandoval County region.
| Month | Home value |
|---|---|
| Mar 2024 | $335,004 |
| Feb 2024 | $333,389 |
| Jan 2024 | $332,252 |
| Dec 2023 | $330,677 |
| Nov 2023 | $329,160 |
| Oct 2023 | $327,559 |
| Sep 2023 | $326,075 |
| Aug 2023 | $324,206 |
| Jul 2023 | $321,971 |
| Jun 2023 | $319,356 |
| May 2023 | $316,717 |
| Apr 2023 | $313,900 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 3.0% |
| Built between 2010 and 2013 | 3.8% |
| Built between 2000 and 2009 | 26.6% |
| Built between 1990 and 1999 | 19.4% |
| Built between 1980 and 1989 | 29.0% |
| Built between 1970 and 1979 | 15.1% |
| Built between 1960 and 1969 | 1.8% |
| Built between 1950 and 1959 | 1.1% |
| Built between 1940 and 1949 | 0.2% |
| Built in 1939 or earlier | 0.0% |
Regarding consumer complaints about financial products in ZIP Code 87124, debt collection have received the most complaints in 87124 in the past 12 months. Credit reporting or credit repair services received the second most complaints. The most frequent complaint overall in this Sandoval County region was attempts to collect debt not owed.
| Complaint Product | Number of Complaints* |
|---|---|
| Debt collection | 8 |
| Credit reporting or credit repair services | 7 |
| Checking or savings account | 6 |
| Mortgage | 5 |
| Credit card or prepaid card | 3 |
| Other | 3 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Attempts to collect debt not owed | 4 |
| Incorrect information on your report | 4 |
| Managing an account | 4 |
| Trouble during payment process | 3 |
| Applying for a mortgage or refinancing an existing mortgage | 2 |
| Other | 15 |
Regarding solar power potential, ZIP Code 87124 has an average daily solar radiation level of 6.58 kWh/m2/day. This is approximately 59.71% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 0.15% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 87124 | 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 87124 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 5.94 | 1.9 | 5.84 |
| Feb | 6.39 | 3 | 6.31 |
| Mar | 7.04 | 3.65 | 7.02 |
| Apr | 7.1 | 5.13 | 7.3 |
| May | 7 | 5.17 | 7.13 |
| Jun | 6.99 | 5.72 | 6.95 |
| Jul | 6.47 | 6.22 | 6.51 |
| Aug | 6.6 | 6.08 | 6.65 |
| Sep | 6.93 | 5.15 | 7.02 |
| Oct | 6.61 | 3.32 | 6.92 |
| Nov | 6.35 | 2.33 | 5.99 |
| Dec | 5.59 | 1.78 | 5.46 |