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Lea County · New Mexico

ZIP code 88267

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 88267 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
1,437

ZCTA residents

Median income
$58,750

Household, past 12 months

Median home
$104,300

Owner-occupied value

Sales tax
4.875%

New Mexico state rate

Quick answer

ZIP 88267 sits in Lea County, New Mexico and is home to 1,437 people. Median household income is $58,750, the median home is worth $104,300 and median gross rent is $936. 69.3% of households own their home, and purchases are taxed at 4.875% (New Mexico state rate).

County
Lea County

FIPS 35025

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 88267

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

Population
1,437ZIP 88267 residents
Median household income
$58,750Past 12 months, inflation adjusted
Median home value
$104,300Owner-occupied units
Median gross rent
$936Rent plus utilities, monthly
Median age
39.9 yrsAll residents
Homeownership rate
69.3%Owner-occupied households

ZIP 88267 in context

How this area compares with national benchmarks.

ZIP 88267 is a small town in Lea County, New Mexico, with 1,437 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #150 of 372 ranked by population — larger than 59% of them. The median age here is 39.9 years against 39.1 nationally, a slightly older profile than the country as a whole. 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 88267 earn a median of $58,750 a year, 25.2% below the national figure of $78,538. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 13.1% of residents here, above the 12.4% national rate.

The typical owner-occupied home in ZIP 88267 is valued at $104,300, 65.6% below the national figure, while median gross rent runs $936 a month, 33.4% below the national figure, or roughly $11,232 across a full year. A household on the local median income would put about 19.1% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 1.8×, 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. 69.3% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Reading ZIP 88267 in context

How 88267 sits inside Lea County and New Mexico.

ZIP 88267 is tabulated inside Lea County, New Mexico, one of 11 ZIP areas the Census publishes for that county and 372 across New Mexico. Fewer than 2,500 people are counted here, so the ZIP behaves like a village delivery route rather than a neighbourhood. 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 88267 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 88267 reports a median household income of $58,750, 18% below the $72,019 county median, and 10% above the $53,479 typical NM ZIP. Owner-occupied homes are valued at a median of $104,300, 40% below the county figure and 41% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $936 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 88267 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 88267 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 88267

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
19%Median rent ÷ median income
Price-to-income
1.8×Home value ÷ household income
Est. mortgage
$541/mo20% down, 30-yr at 6.75%
Poverty rate
13.1%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 88267 compares

ZIP 88267 against the median ZIP in Lea County and across New Mexico.

MeasureZIP 88267County medianState medianvs state
Median household income$58,750$72,019$53,479+10%
Median home value$104,300$174,200$177,700-41%
Median gross rent$936$1,103$875+7%
Population1,4371,437903+59%

Medians are computed across the 11 ZIP areas in Lea 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 58% of 276 state ZIPs

#115
Home value

above 21% of 261 state ZIPs

#205
Population

larger than 60% of 372 state ZIPs

#150

Comparable ZIP codes

New Mexico ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
87821Catron County$58,598$233,800—
87747Colfax County$58,542$116,700$552
87121Bernalillo County$59,184$192,500$1,277
87301McKinley County$58,302$134,700$858
88337Otero County$58,171$143,900$774
87520Rio Arriba County$59,583$207,200$529

Nearby ZIP codes

Other ZIP codes filed under Lea County.

Adjacent ZIP Codes

Other ZIP codes in Lea County, New Mexico.

ZIP 88267 questions

Common questions about this ZIP code.

Where is ZIP code 88267?
ZIP 88267 lies mostly in Lea 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 88267?
New Mexico charges 4.875% statewide, plus any county, city or district rate that applies locally.
Is 88267 expensive to live in?
Median rent runs $936 a month, about 19% of median household income, and the median home is worth $104,300 — -41% 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 88267, 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.