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Lincoln County · New Mexico

ZIP code 88341

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 88341 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
696

ZCTA residents

Median income
$100,497

Household, past 12 months

Median home
$239,600

Owner-occupied value

Sales tax
4.875%

New Mexico state rate

Quick answer

ZIP 88341 sits in Lincoln County, New Mexico and is home to 696 people. Median household income is $100,497, the median home is worth $239,600 and median gross rent is —. 88.5% of households own their home, and purchases are taxed at 4.875% (New Mexico state rate).

County
Lincoln County

FIPS 35027

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 88341

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

Population
696ZIP 88341 residents
Median household income
$100,497Past 12 months, inflation adjusted
Median home value
$239,600Owner-occupied units
Median gross rent
—Rent plus utilities, monthly
Median age
52.1 yrsAll residents
Homeownership rate
88.5%Owner-occupied households

ZIP 88341 in context

How this area compares with national benchmarks.

ZIP 88341 is a very small community in Lincoln County, New Mexico, with 696 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #207 of 372 ranked by population — larger than 44% of them. The median age here is 52.1 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 88341 earn a median of $100,497 a year, 28% above the national figure of $78,538. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 12.9% of residents here, above the 12.4% national rate.

The typical owner-occupied home in ZIP 88341 is valued at $239,600, 21% below the national figure, while median gross rent runs not published a month. The home-price-to-income ratio works out to 2.4×, 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. 88.5% 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. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

A median age of 52.1 puts ZIP 88341 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. Median income runs above the national figure while poverty also runs above it — a split distribution, not a uniformly comfortable place. Averages hide that; the two numbers together do not.

The Census withheld gross rent for ZIP 88341 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 88341 in context

How 88341 sits inside Lincoln County and New Mexico.

ZIP 88341 is tabulated inside Lincoln County, New Mexico, one of 15 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 88341 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 88341 reports a median household income of $100,497, 71% above the $58,770 county median, and 88% above the $53,479 typical NM ZIP. Owner-occupied homes are valued at a median of $239,600, 3% above the county figure and 35% above 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 88341 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 88341 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 88341

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
2.4×Home value ÷ household income
Est. mortgage
$1,243/mo20% down, 30-yr at 6.75%
Poverty rate
12.9%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 88341 compares

ZIP 88341 against the median ZIP in Lincoln County and across New Mexico.

MeasureZIP 88341County medianState medianvs state
Median household income$100,497$58,770$53,479+88%
Median home value$239,600$232,400$177,700+35%
Median gross rent—$871$875—
Population696344903-23%

Medians are computed across the 15 ZIP areas in Lincoln 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 92% of 276 state ZIPs

#22
Home value

above 72% of 261 state ZIPs

#73
Population

larger than 44% of 372 state ZIPs

#207

Comparable ZIP codes

New Mexico ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
87006Socorro County$101,667$196,700—
87508Santa Fe County$96,767$529,000$1,502
87316McKinley County$96,324$77,200$1,072
88312Lincoln County$95,479$339,200—
87008Bernalillo County$108,523$352,900$907
87113Bernalillo County$92,083$362,100$1,581

Nearby ZIP codes

Other ZIP codes filed under Lincoln County.

Adjacent ZIP Codes

Other ZIP codes in Lincoln County, New Mexico.

ZIP 88341 questions

Common questions about this ZIP code.

Where is ZIP code 88341?
ZIP 88341 lies mostly in Lincoln 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 88341?
New Mexico charges 4.875% statewide, plus any county, city or district rate that applies locally.
Is 88341 expensive to live in?
Median rent runs — a month, and the median home is worth $239,600 — +35% 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 88341, 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.