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ZipNumbers

Chaves County · New Mexico

ZIP code 88201

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 88201 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
27,715

ZCTA residents

Median income
$62,752

Household, past 12 months

Median home
$202,600

Owner-occupied value

Sales tax
4.875%

New Mexico state rate

Quick answer

ZIP 88201 sits in Chaves County, New Mexico and is home to 27,715 people. Median household income is $62,752, the median home is worth $202,600 and median gross rent is $957. 73.4% of households own their home, and purchases are taxed at 4.875% (New Mexico state rate).

County
Chaves County

FIPS 35005

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 88201

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

Population
27,715ZIP 88201 residents
Median household income
$62,752Past 12 months, inflation adjusted
Median home value
$202,600Owner-occupied units
Median gross rent
$957Rent plus utilities, monthly
Median age
37.7 yrsAll residents
Homeownership rate
73.4%Owner-occupied households

Sales tax in 88201

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
18%Median rent ÷ median income
Price-to-income
3.2×Home value ÷ household income
Est. mortgage
$1,051/mo20% down, 30-yr at 6.75%
Poverty rate
17.2%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 88201 compares

ZIP 88201 against the median ZIP in Chaves County and across New Mexico.

MeasureZIP 88201County medianState medianvs state
Median household income$62,752$67,273$53,479+17%
Median home value$202,600$159,100$177,700+14%
Median gross rent$957$776$875+9%
Population27,7152,713903+2969%

Medians are computed across the 7 ZIP areas in Chaves 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 64% of 276 state ZIPs

#98
Home value

above 60% of 261 state ZIPs

#104
Population

larger than 93% of 372 state ZIPs

#25

Comparable ZIP codes

New Mexico ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
88434Quay County$62,813$111,600$631
87507Santa Fe County$62,955$333,300$1,276
88027Doña Ana County$62,361$183,300$836
87068Bernalillo County$63,287$246,300$865
87745San Miguel County$63,304$198,900
87004Sandoval County$63,319$235,200$1,066

Nearby ZIP codes

Other ZIP codes filed under Chaves County.

ZIP 88201 questions

Common questions about this ZIP code.

Where is ZIP code 88201?
ZIP 88201 lies mostly in Chaves 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 88201?
New Mexico charges 4.875% statewide, plus any county, city or district rate that applies locally.
Is 88201 expensive to live in?
Median rent runs $957 a month, about 18% of median household income, and the median home is worth $202,600+14% 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 88201, 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.