ZIP Code 87508 — Eldorado at Santa Fe CDP, NM Demographics & Data

ZIP code 87508 covers Eldorado at Santa Fe, NM in Santa Fe County with a population of about 18,745.

At a glance, the area shows median age of 54.1 versus a U.S. median of about 38.9.

It sits in telephone area code 505; U.S. House district NM-3; the ALBUQUERQUE - SANTA FE media market.

Median household income in ZIP 87508 is about $96,767 — about 29% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 8.7%; unemployment rate near 5.3%; 50.1% of adults with a bachelor’s degree or higher (about 16.4 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Professional services, and Public administration; about 22.9% of workers reporting work-from-home (about 7.7 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $529,000 — about 52% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,320 (about 13% above the U.S. median rent ($1,163)), and owner-occupancy near 90.5% (about 25.1 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 87508 in Eldorado at Santa Fe, NM, a household would need roughly $146,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,398. That is about 51% above the local median household income ($96,767), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Eldorado at Santa Fe CDP, NM as Relatively Moderate (composite score 86.0), which is elevated versus much of the country. The strongest component scores on US5 are wildfire (98.2) and flood (88.4). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Eldorado at Santa Fe CDP, NM show little to no average snow and around 14.7 inches of annual precipitation.

IRS migration statistics show a net inflow of about 592 for ZIP 87508 (Eldorado at Santa Fe CDP, NM) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.