ZIP 88231 vs ZIP 88240
A side-by-side comparison of ZIP Code 88231 and ZIP Code 88240: population, income, housing, and more.
ZIP 88231 and ZIP 88240 are ZIP Code areas in New Mexico. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
ZIP 88240 has the higher population (41,612 vs 3,360 in ZIP 88231). ZIP 88231 has the higher median household income ($72,019 vs $65,394 in ZIP 88240). ZIP 88240 has the higher median home value ($177,200 vs $151,800 in ZIP 88231).
Population, income & housing
| ZIP 88231 | ZIP 88240 | |
|---|---|---|
| Population | 3,360 | 41,612 |
| Median age | 34.5 yrs | 30.1 yrs |
| Median household income | $72,019 | $65,394 |
| Median home value | $151,800 | $177,200 |
| Median gross rent | $749 | $1,124 |
| Housing units | 1,449 | 16,490 |
| Homeownership rate | 78.8% | 64.6% |
| Bachelor's degree or higher | 4.3% | 16.6% |
| Unemployment rate | 8.5% | 6.7% |
Trends (ACS 5-year, 2019–2023)
| ZIP 88231 | ZIP 88240 | |
|---|---|---|
| Population | 3,584 → 3,360 (-6.3%) | 40,944 → 41,612 (+1.6%) |
| Median household income | $67,604 → $72,019 (+6.5%) | $58,909 → $65,394 (+11.0%) |
| Median home value | $98,700 → $151,800 (+53.8%) | $136,900 → $177,200 (+29.4%) |
| Median gross rent | $1,065 → $749 (-29.7%) | $895 → $1,124 (+25.6%) |
ZIP 88231
3,5843,360
$67,604$72,019
$98,700$151,800
$1,065$749
ZIP 88240
40,94441,612
$58,909$65,394
$136,900$177,200
$895$1,124
Age & race/ethnicity
Age distribution (share)
| ZIP 88231 | ZIP 88240 | |
|---|---|---|
| Under 5 | 6.6% | 9.3% |
| 5 to 17 | 27.8% | 21.4% |
| 18 to 24 | 9.3% | 11.6% |
| 25 to 34 | 7.6% | 14.7% |
| 35 to 44 | 17.4% | 11.7% |
| 45 to 54 | 9.4% | 10.4% |
| 55 to 64 | 6.2% | 9.3% |
| 65 to 74 | 11.1% | 7.4% |
| 75 and over | 4.6% | 4.3% |
Race & ethnicity (share)
| ZIP 88231 | ZIP 88240 | |
|---|---|---|
| White (non-Hispanic) | 44.1% | 29.1% |
| Black or African American | 0.0% | 5.0% |
| American Indian & Alaska Native | 0.0% | 0.5% |
| Asian | 0.0% | 0.9% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.0% |
| Some other race | 0.0% | 0.2% |
| Two or more races | 1.3% | 1.6% |
| Hispanic or Latino | 54.7% | 62.7% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 88231 | ZIP 88240 | |
|---|---|---|
| No high school diploma | 26.6% | 24.3% |
| High school graduate | 26.9% | 32.6% |
| Some college or associate's | 42.2% | 26.5% |
| Bachelor's degree | 2.2% | 10.0% |
| Graduate or professional degree | 2.1% | 6.5% |
Commute to work
How workers get to work (share)
| ZIP 88231 | ZIP 88240 | |
|---|---|---|
| Drove alone | 85.4% | 77.6% |
| Carpooled | 9.0% | 17.3% |
| Public transit | 0.0% | 0.3% |
| Walked | 0.0% | 1.4% |
| Bicycle | 0.0% | 0.1% |
| Worked from home | 2.9% | 2.7% |
| Other means | 2.7% | 0.6% |
Housing
Units in structure (share)
| ZIP 88231 | ZIP 88240 | |
|---|---|---|
| 1-unit, detached | 84.2% | 66.8% |
| 1-unit, attached | 0.0% | 2.8% |
| 2 to 4 units | 0.0% | 5.4% |
| 5 to 19 units | 0.0% | 5.9% |
| 20 or more units | 0.0% | 5.4% |
| Mobile home & other | 15.8% | 13.7% |
Poverty & households
| ZIP 88231 | ZIP 88240 | |
|---|---|---|
| Poverty rate | 13.6% | 19.7% |
| Average household size | 2.82 | 2.79 |
| Mean commute (minutes) | 23 | 25 |
| Median year structure built | 1973 | 1977 |