ZIP Code 88242
ZIP Code Tabulation Area in Lea County, New Mexico.
- Population
- 7,684
- Median household income
- $88,654
- Median home value
- $218,700
+3.3%’19–’23
+16.8%’19–’23
+9.6%’19–’23
ZIP Code 88242 (Lea County, New Mexico) is home to about 7,684 residents. Its median household income of $88,654 runs above the Lea County figure of $68,750.
Between 2019 and 2023, ZIP Code 88242's population grew 3.3% from 7,439 to 7,684, while its median gross rent rose 23.4% from $1,045 to $1,290.
Owners occupy 85.1% of the area's occupied homes. The median resident is 33.8 years old.
Demographics
ACS 2019–2023- Population
- 7,684
- Median age
- 33.8 yrs
- Median household income
- $88,654
- Median home value
- $218,700
- Median gross rent
- $1,290
- Housing units
- 2,776
- Homeownership rate
- 85.1%
- Bachelor's degree or higher
- 15.1%
- Unemployment rate
- 8.2%
Trends
ACS 5-year · 2019–20237,4397,684
$75,929$88,654
$199,600$218,700
$1,045$1,290
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 7,439 | $75,929 | $199,600 | $1,045 |
| 2020 | 7,076 | $73,628 | $199,400 | $981 |
| 2021 | 7,583 | $77,534 | $206,300 | $994 |
| 2022 | 7,312 | $82,041 | $213,200 | $1,168 |
| 2023 | 7,684 | $88,654 | $218,700 | $1,290 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 55.3%
5 to 1721.1%
18 to 2411.0%
25 to 3413.7%
35 to 4413.3%
45 to 5411.2%
55 to 6413.5%
65 to 746.0%
75 and over4.9%
| Count | Share | |
|---|---|---|
| Under 5 | 408 | 5.3% |
| 5 to 17 | 1,621 | 21.1% |
| 18 to 24 | 847 | 11.0% |
| 25 to 34 | 1,054 | 13.7% |
| 35 to 44 | 1,025 | 13.3% |
| 45 to 54 | 859 | 11.2% |
| 55 to 64 | 1,034 | 13.5% |
| 65 to 74 | 459 | 6.0% |
| 75 and over | 377 | 4.9% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 3,352 | 43.6% |
| Black or African American | 0 | 0.0% |
| American Indian & Alaska Native | 3 | 0.0% |
| Asian | 2 | 0.0% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 39 | 0.5% |
| Two or more races | 141 | 1.8% |
| Hispanic or Latino (any race) | 4,147 | 54.0% |
Educational attainment (age 25+)
No high school diploma16.0%
High school graduate39.8%
Some college or associate's29.1%
Bachelor's degree7.7%
Graduate or professional degree7.5%
| Count | Share | |
|---|---|---|
| No high school diploma | 768 | 16.0% |
| High school graduate | 1,912 | 39.8% |
| Some college or associate's | 1,400 | 29.1% |
| Bachelor's degree | 369 | 7.7% |
| Graduate or professional degree | 359 | 7.5% |
Commute to work
- Mean travel time to work
- 20 min
Drove alone81.4%
Carpooled15.8%
Public transit0.0%
Walked0.6%
Bicycle0.0%
Worked from home0.7%
Other means1.5%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 2,591 | 81.4% |
| Carpooled | 504 | 15.8% |
| Public transit | 0 | 0.0% |
| Walked | 20 | 0.6% |
| Bicycle | 0 | 0.0% |
| Worked from home | 21 | 0.7% |
| Other means | 47 | 1.5% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 1,206 | 38.1% |
| 15 to 29 min | 1,443 | 45.6% |
| 30 to 44 min | 219 | 6.9% |
| 45 to 59 min | 102 | 3.2% |
| 60+ min | 192 | 6.1% |
Households
- Average household size
- 3.00
- Poverty rate
- 11.3% (855 of 7,594)
| Count | Share | |
|---|---|---|
| Family households | 1,791 | 70.4% |
| Nonfamily households | 753 | 29.6% |
Housing
- Median year structure built
- 1994
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 2,544 | 91.6% |
| Vacant | 232 | 8.4% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 2,164 | 85.1% |
| Renter-occupied | 380 | 14.9% |
1-unit, detached63.4%
1-unit, attached0.3%
2 to 4 units5.5%
5 to 19 units0.3%
20 or more units0.0%
Mobile home & other30.4%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 1,761 | 63.4% |
| 1-unit, attached | 9 | 0.3% |
| 2 to 4 units | 154 | 5.5% |
| 5 to 19 units | 7 | 0.3% |
| 20 or more units | 0 | 0.0% |
| Mobile home & other | 845 | 30.4% |
Geography
- ZCTA
- 88242
- Land area
- 70 sq mi
- Water area
- 0.08 sq mi
- Center point
- 32.8129, -103.1618
Counties this ZIP covers
1Compare with nearby ZIP codes
5National 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)