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Hidalgo County · New Mexico

ZIP code 88056

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 88056 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
172

ZCTA residents

Median income
$65,568

Household, past 12 months

Median home
$128,900

Owner-occupied value

Sales tax
4.875%

New Mexico state rate

Quick answer

ZIP 88056 sits in Hidalgo County, New Mexico and is home to 172 people. Median household income is $65,568, the median home is worth $128,900 and median gross rent is —. 89.4% of households own their home, and purchases are taxed at 4.875% (New Mexico state rate).

County
Hidalgo County

FIPS 35023

State
New Mexico (NM)

372 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 88056

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
172ZIP 88056 residents
Median household income
$65,568Past 12 months, inflation adjusted
Median home value
$128,900Owner-occupied units
Median gross rent
—Rent plus utilities, monthly
Median age
75.1 yrsAll residents
Homeownership rate
89.4%Owner-occupied households

ZIP 88056 in context

How this area compares with national benchmarks.

ZIP 88056 is a very small community in Hidalgo County, New Mexico, with 172 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #290 of 372 ranked by population — larger than 22% of them. The median age here is 75.1 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in ZIP 88056 earn a median of $65,568 a year, 16.5% below the national figure of $78,538. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 18% of residents here, above the 12.4% national rate.

The typical owner-occupied home in ZIP 88056 is valued at $128,900, 57.5% below the national figure, while median gross rent runs not published a month. The home-price-to-income ratio works out to 2×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 89.4% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

A median age of 75.1 puts ZIP 88056 well into retirement-weighted territory, which pulls median household income down even where household wealth is high, because retirement draws are counted differently from wages. With 172 residents, a handful of survey responses moves every median on this page. Compare ZIP 88056 against its county rather than against national figures.

The Census withheld gross rent for ZIP 88056 because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.

Reading ZIP 88056 in context

How 88056 sits inside Hidalgo County and New Mexico.

ZIP 88056 is tabulated inside Hidalgo County, New Mexico, one of 5 ZIP areas the Census publishes for that county and 372 across New Mexico. This is one of the smallest tabulated ZIP areas in the state, the kind of rural route where a single subdivision or farm cluster accounts for most addresses. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 88056 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 88056 reports a median household income of $65,568, close to the $65,568 county median, and 23% above the $53,479 typical NM ZIP. Owner-occupied homes are valued at a median of $128,900, close to the county figure and 27% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at not published a month, which is why it reads higher than the advertised rent on a listing for the same unit.

New Mexico charges 4.875% statewide, and local governments overlapping 88056 may add county, city or special-district levies on top. We publish the state floor for this ZIP rather than guessing a combined figure, because ZIP boundaries and taxing-district boundaries were drawn for different purposes and do not line up.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 88056 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.

Sales tax in 88056

What a purchase inside this ZIP costs at checkout.

Rate applied
4.875%State base rate only
Tax on $100
$5Rounded to the dollar
Tax on $1,000
$49Before any exemptions

New Mexico levies 4.875% statewide, and counties, cities and special districts inside this ZIP can add their own local rate on top. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
—Median rent ÷ median income
Price-to-income
2.0×Home value ÷ household income
Est. mortgage
$669/mo20% down, 30-yr at 6.75%
Poverty rate
18%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 88056 compares

ZIP 88056 against the median ZIP in Hidalgo County and across New Mexico.

MeasureZIP 88056County medianState medianvs state
Median household income$65,568$65,568$53,479+23%
Median home value$128,900$128,900$177,700-27%
Median gross rent—$746$875—
Population172172903-81%

Medians are computed across the 5 ZIP areas in Hidalgo County and the 372 ZIP areas in New Mexico.

Statewide rank

Where this ZIP places among all 372 New Mexico ZIP areas.

Income

richer than 70% of 276 state ZIPs

#83
Home value

above 33% of 261 state ZIPs

#175
Population

larger than 22% of 372 state ZIPs

#290

Comparable ZIP codes

New Mexico ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
87001Sandoval County$65,417$224,800—
87417San Juan County$65,396$180,400$799
88240Lea County$65,394$177,200$1,124
87732Mora County$66,087$118,600—
88007Doña Ana County$65,022$232,200$794
88046Doña Ana County$66,300$253,000—

Nearby ZIP codes

Other ZIP codes filed under Hidalgo County.

Adjacent ZIP Codes

Other ZIP codes in Hidalgo County, New Mexico.

ZIP 88056 questions

Common questions about this ZIP code.

Where is ZIP code 88056?
ZIP 88056 lies mostly in Hidalgo County, New Mexico. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 88056?
New Mexico charges 4.875% statewide, plus any county, city or district rate that applies locally.
Is 88056 expensive to live in?
Median rent runs — a month, and the median home is worth $128,900 — -27% against the typical New Mexico ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 88056, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.