ZIP Code 88240
ZIP Code Tabulation Area in Lea County, New Mexico.
- Population
- 41,612
- Median household income
- $65,394
- Median home value
- $177,200
+1.6%’19–’23
+11.0%’19–’23
+29.4%’19–’23
ZIP Code 88240 is a ZIP Code Tabulation Area in Lea County, New Mexico, home to about 41,612 residents. Its median household income of $65,394 runs below the Lea County figure of $68,750.
Between 2019 and 2023, ZIP Code 88240's population grew 1.6% from 40,944 to 41,612, while its median gross rent rose 25.6% from $895 to $1,124.
Hispanic or Latino residents are the largest group, 62.7% of the population. 77.6% of workers drive to work alone.
Demographics
ACS 2019–2023- Population
- 41,612
- Median age
- 30.1 yrs
- Median household income
- $65,394
- Median home value
- $177,200
- Median gross rent
- $1,124
- Housing units
- 16,490
- Homeownership rate
- 64.6%
- Bachelor's degree or higher
- 16.6%
- Unemployment rate
- 6.7%
Trends
ACS 5-year · 2019–202340,94441,612
$58,909$65,394
$136,900$177,200
$895$1,124
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 40,944 | $58,909 | $136,900 | $895 |
| 2020 | 41,574 | $58,381 | $140,300 | $922 |
| 2021 | 41,204 | $58,931 | $143,700 | $983 |
| 2022 | 41,652 | $63,083 | $161,400 | $1,059 |
| 2023 | 41,612 | $65,394 | $177,200 | $1,124 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 59.3%
5 to 1721.4%
18 to 2411.6%
25 to 3414.7%
35 to 4411.7%
45 to 5410.4%
55 to 649.3%
65 to 747.4%
75 and over4.3%
| Count | Share | |
|---|---|---|
| Under 5 | 3,856 | 9.3% |
| 5 to 17 | 8,903 | 21.4% |
| 18 to 24 | 4,834 | 11.6% |
| 25 to 34 | 6,129 | 14.7% |
| 35 to 44 | 4,857 | 11.7% |
| 45 to 54 | 4,312 | 10.4% |
| 55 to 64 | 3,876 | 9.3% |
| 65 to 74 | 3,066 | 7.4% |
| 75 and over | 1,779 | 4.3% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 12,100 | 29.1% |
| Black or African American | 2,064 | 5.0% |
| American Indian & Alaska Native | 205 | 0.5% |
| Asian | 381 | 0.9% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 95 | 0.2% |
| Two or more races | 675 | 1.6% |
| Hispanic or Latino (any race) | 26,092 | 62.7% |
Educational attainment (age 25+)
No high school diploma24.3%
High school graduate32.6%
Some college or associate's26.5%
Bachelor's degree10.0%
Graduate or professional degree6.5%
| Count | Share | |
|---|---|---|
| No high school diploma | 5,841 | 24.3% |
| High school graduate | 7,832 | 32.6% |
| Some college or associate's | 6,368 | 26.5% |
| Bachelor's degree | 2,409 | 10.0% |
| Graduate or professional degree | 1,569 | 6.5% |
Commute to work
- Mean travel time to work
- 25 min
Drove alone77.6%
Carpooled17.3%
Public transit0.3%
Walked1.4%
Bicycle0.1%
Worked from home2.7%
Other means0.6%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 13,736 | 77.6% |
| Carpooled | 3,070 | 17.3% |
| Public transit | 54 | 0.3% |
| Walked | 252 | 1.4% |
| Bicycle | 14 | 0.1% |
| Worked from home | 471 | 2.7% |
| Other means | 98 | 0.6% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 9,576 | 55.6% |
| 15 to 29 min | 3,527 | 20.5% |
| 30 to 44 min | 1,198 | 7.0% |
| 45 to 59 min | 628 | 3.6% |
| 60+ min | 2,295 | 13.3% |
Households
- Average household size
- 2.79
- Poverty rate
- 19.7% (8,053 of 40,776)
| Count | Share | |
|---|---|---|
| Family households | 9,742 | 66.6% |
| Nonfamily households | 4,895 | 33.4% |
Housing
- Median year structure built
- 1977
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 14,637 | 88.8% |
| Vacant | 1,853 | 11.2% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 9,453 | 64.6% |
| Renter-occupied | 5,184 | 35.4% |
1-unit, detached66.8%
1-unit, attached2.8%
2 to 4 units5.4%
5 to 19 units5.9%
20 or more units5.4%
Mobile home & other13.7%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 11,014 | 66.8% |
| 1-unit, attached | 462 | 2.8% |
| 2 to 4 units | 887 | 5.4% |
| 5 to 19 units | 973 | 5.9% |
| 20 or more units | 898 | 5.4% |
| Mobile home & other | 2,256 | 13.7% |
Geography
- ZCTA
- 88240
- Land area
- 600 sq mi
- Water area
- 0.26 sq mi
- Center point
- 32.6747, -103.4468
Counties this ZIP covers
1Compare with nearby ZIP codes
6National ZIP rankings
21- Largest by population
- Most densely populated
- Highest median household income
- Highest median home value
- Most affordable home values
- Highest median gross rent
- Cheapest median gross rent
- Oldest by median age
- Youngest by median age
- Most college-educated
- Highest poverty rate
- Lowest poverty rate
- Highest homeownership rate
- Lowest homeownership rate
- Longest commutes
- Shortest commutes
- Largest households
- Newest housing
- Oldest housing
- Fastest-growing (2019–2023)
- Fastest-shrinking (2019–2023)