ZIP Code 87008 — Cedar Crest CDP, NM Demographics & Data

ZIP code 87008 covers Cedar Crest, NM in Bernalillo County with a population of about 2,338.

At a glance, the area shows median age of 52.6 versus a U.S. median of about 38.9.

It sits in telephone area code 505; U.S. House district NM-1; the ALBUQUERQUE - SANTA FE media market.

Median household income in ZIP 87008 is about $108,523 — about 44% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 11.1%; unemployment rate near 5.0%; 53.2% of adults with a bachelor’s degree or higher (about 19.5 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Professional services, Public administration, and Healthcare; about 12.7% of workers reporting work-from-home (about 2.5 points below 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 $352,900 — about even with the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $902 (about 22% below the U.S. median rent ($1,163)), and owner-occupancy near 94.9% (about 29.5 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 87008 in Cedar Crest, NM, a household would need roughly $97,000 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 $2,267. That sits below the local median household income ($108,523), suggesting the typical household income is closer to a workable buy-in level under these assumptions. 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 Cedar Crest CDP, NM as Relatively High (composite score 94.4), which is among the highest nationally. The strongest component scores on US5 are flood (96.3) and wildfire (95.0). 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 Cedar Crest CDP, NM show little to no average snow and around 14.9 inches of annual precipitation.

IRS migration statistics show a net inflow of about 74 for ZIP 87008 (Cedar Crest 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.