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Home New Mexico ZIP 87508

Food Truck Market: ZIP 87508

Opportunity Score
54 / 100 Fair
Based on walkability, population density, income levels, and food truck competition.

Market Profile

ZIP 87508 is a car-dependent urban area. Walkability scores 4.9/20 — well below the national average of 10.5. Most customers arrive by vehicle, so parking access matters more than foot traffic. Event catering and business park lunch routes outperform traditional street corners here.

Market Summary

ZIP 87508 is an urban area with low foot traffic. with a population of 18,518 and household incomes well above the national median ($101,565). The area has 9 restaurants and just 3 food trucks — low competition with strong demand signals.

Area Profile

18,518
Population
$101,565
Median Income
+36% vs. national
Urban
Area Type
4.9/20
Foot Traffic
Very Car-Dependent
Median Age: 55.9 — older demographic, may prefer sit-down options.
College-Educated: 42.8% — strong appetite for artisan/specialty food.

Competition

Food service establishments in ZIP 87508.

3
Food Trucks
Low competition — room to establish
1.6 per 10K residents
3
Sit-Down Restaurants
1.6 per 10K residents
6
Fast Food / Counter
3.2 per 10K residents
What this means: Food trucks are 25.0% of the food scene here (3 trucks vs. 9 restaurants). Well-established truck culture — you'll need a strong concept to stand out.

Operating Costs

Local cost levels affect commissary kitchen rates, permits, and event vendor pricing.

$1,623
Median Gross Rent
$560 K
Median Home Value
1
Bank Branches
$110 K deposits

What to Expect Here

Go Where the Crowd Is

Low walkability means foot traffic isn't your friend. Farmers markets, corporate campuses, breweries with food programs, and private events are your revenue base. Get on Roaming Hunger or a local catering platform before you open.

Premium Pricing Holds Here

Income levels and education rates both point toward a market that will pay for quality. Specialty ingredients, dietary accommodations, and strong branding all command price premiums in this ZIP. Don't race to the bottom.

Low Competition, Proven Demand

Only 3 food trucks registered here against 9 restaurants. Dining demand is proven and truck competition is minimal. This is a strong setup.

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
Food Trucks
3
Restaurants
9
Bank Branches
1

vs. National Average

Median Income
+36% vs. $74,580
Walkability
-5.6 pts vs. national avg
Food Trucks
3 vs. ~3 median

Check Another Market

Or estimate startup costs with our food truck cost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits