ZIP code 88231
88231 is in Lea County, New Mexico.
3,255Residents
$51,417Median household income
$721/moMedian gross rent
$128,900Median home value
33.8Median age
6%Adults with a bachelor’s degree or higher
74%Homes lived in by their owners
2.5×Home value to household income
Median rent takes about 17% of the median household income in ZIP 88231.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $29,000 a year. In New Mexico that leaves roughly $2,005 a month after tax. See the full paycheck breakdown for $30,000.
Other ZIP codes in Lea County
All ZIP codes in New Mexico · Highest-paying jobs in New Mexico
Source: Census ACS 2024 ACS 5-year, ZIP code tabulation areas. ZCTAs approximate postal ZIP codes and can differ from them. Small areas carry larger margins of error.