ZIP Code 88240 has segments in 2 Counties (Gaines, Lea).
The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: May 5, 2021.
|Total Population||41,904 (100%)|
|Population in Households||40,537 (96.7%)|
|Population in Families||33,658 (80.3%)|
|Population in Group Quarters1||1,367 ( 3.3%)|
|Median Household Income||$50,872|
|Average Household Income||$69,419|
|% of Income for Mortgage4||11%|
|Per Capita Income||$23,838|
|Total HU (Housing Units)||15,910 (100%)|
|Owner Occupied HU||8,470 (53.2%)|
|Renter Occupied HU||5,910 (37.1%)|
|Vacant Housing Units||1,530 ( 9.6%)|
|Median Home Value||$131,301|
|Average Home Value||$149,475|
|Housing Affordability Index3||236|
|Average Household Size||2.82|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||0.71%|
|Per Capita Income||1.7%|
|Owner Occupied HU||0.74%|
The table below compares 88240 to the other 347 ZIP Codes in New Mexico by rank and percentile using July 1, 2020 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.
|Total Population||# 14||96th|
|Population Density||# 91||74th|
|Median Household Income||# 77||78th|
|Housing Affordability Index||# 295||85th|
|Per Capita Income||# 170||51st|
|Diversity Index||# 83||77th|
Additional comparisons and rankings can be made with a VERY EASY TO USE New Mexico Census Data Comparison Tool.