88120 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Curry County
Centroid: Latitude 34.822, Longitude -103.314
Time Zone: Mountain Time Zone (UTC -7 hours)
Observes DST: Yes

ZIP Code 88120 has segments in 2 Counties (Curry, Quay).

Businesses Addresses: 9
PO Box Addresses: 14
Residential Addresses: 68

Multi-Family Addresses: 0
Single Family Addresses: 68

The ZIP Code maps and database are updated 4 times per year.
Database updated: June 1, 2024, Maps updated: May 1, 2024.

Grady, NM 88120 Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	280 (100%)
Population in Households	280 (100.0%)
Population in Families	237 (84.6%)
Population in Group Quarters¹	0
Population Density	1
Diversity Index²	69


INCOME
Median Household Income	$61,817
Average Household Income	$78,839
% of Income for Mortgage⁴	24%
Per Capita Income	$28,157
Wealth Index⁵	66
Socioeconomic Status Index⁶	Moderate (53.3)

HOUSING
Total HU (Housing Units)	152 (100%)
Owner Occupied HU	76 (50.0%)
Renter Occupied HU	24 (15.8%)
Vacant Housing Units	52 (34.2%)
Median Home Value	$234,375
Average Home Value	$263,487
Housing Affordability Index³	108

HOUSEHOLDS
Total Households	100
Average Household Size	2.80
Family Households	73
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Grady, NM 88120 - Peer Comparisons by Rank and Percentile

The table below compares 88120 to the other 353 ZIP Codes in New Mexico by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	4.00%	1.05%
Households	-0.23%	1.55%
Families		0.00%
Median Household Income		4.77%
Per Capita Income		3.27%
Owner Occupied HU		2.50%

Variable Description	Rank	Percentile
Total Population	# 244	31st
Population Density	# 281	21st
Median Household Income	# 108	70th
Housing Affordability Index	# 219	62nd
Per Capita Income	# 194	45th
Diversity Index	# 231	35th

88120 ZIP Code Profile, Map, Data & Demographics

ZIP Code 88120: Basic Data & USPS Preferred City Name

Grady, NM 88120 Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Grady, NM 88120 - Peer Comparisons by Rank and Percentile

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