Las Vegas, NM — Demographics & Statistics
ZIP code 87701 serves a portion of Las Vegas, New Mexico, within San Miguel County. This community is home to approximately 14,100 residents, with a median age of 29.7 years. The median household income of $47,418 sits below the national median of $67,521, while median home values of $208,639 are below the national average of $301,500. The area has a renter-majority housing profile, with 47% owner-occupied and 53% renter-occupied units. Cost of living in this part of Las Vegas is lower than the national baseline, with an index of 88 (100 = national average). With a college-education rate of 33% and an unemployment rate of 2.7%, 87701 reflects the economic character of San Miguel County in New Mexico.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 14,100 | — |
| Population | Density (per sq mi) | 11,124 | — |
| Economics | Median Household Income | $47,418 | ↓ 30% vs nat'l avg |
| Economics | Median Home Value | $208,639 | ↓ 31% vs nat'l avg |
| Economics | Cost of Living Index | 88 | ↓ Lower than avg |
| Economics | Unemployment Rate | 2.7% | ↓ 31% vs nat'l avg |
| Economics | Below Poverty Line | 26.0% | ↑ 128% vs nat'l avg |
| Education | College Educated (25+) | 33% | ↓ 6% vs nat'l avg |
| Demographics | Median Age | 29.7 yrs | ↓ 23% vs nat'l avg |
| Housing | Owner-Occupied | 47% | — |
| Housing | Renter-Occupied | 53% | — |
| Housing | Total Housing Units | 6,345 | — |