88424 ZIP Code Profile, Map, Data & Demographics

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

Grenville, NM 88424 Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	218 (100%)
Population in Households	218 (100.0%)
Population in Families	185 (84.9%)
Population in Group Quarters¹	0
Population Density	0
Diversity Index²	70


INCOME
Median Household Income	$52,200
Average Household Income	$57,968
% of Income for Mortgage⁴	27%
Per Capita Income	$23,134
Wealth Index⁵	38
Socioeconomic Status Index⁶	Moderate (57.7)

HOUSING
Total HU (Housing Units)	116 (100%)
Owner Occupied HU	69 (59.5%)
Renter Occupied HU	18 (15.5%)
Vacant Housing Units	29 (25.0%)
Median Home Value	$225,000
Average Home Value	$330,797
Housing Affordability Index³	97

HOUSEHOLDS
Total Households	87
Average Household Size	2.51
Family Households	59
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.

Grenville, NM 88424 - Peer Comparisons by Rank and Percentile

The table below compares 88424 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	0.55%	-1.51%
Households	-0.27%	-0.94%
Families		0.00%
Median Household Income		1.77%
Per Capita Income		2.06%
Owner Occupied HU		-3.75%

Variable Description	Rank	Percentile
Total Population	# 267	25th
Population Density	# 344	6th
Median Household Income	# 186	48th
Housing Affordability Index	# 184	52nd
Per Capita Income	# 264	25th
Diversity Index	# 225	37th

88424 ZIP Code Profile, Map, Data & Demographics

ZIP Code 88424: Basic Data & USPS Preferred City Name

Grenville, NM 88424 Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Grenville, NM 88424 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 88424

Use HTL Address Research for a New Mexico Address and get...

Quick & Easy Ways to...

New Mexico Census Data Comparison Tool

More Tools and Resources:

Union County