ZIP code 88242
88242 is in Lea County, New Mexico.
8,472Residents
$90,000Median household income
$1,534/moMedian gross rent
$260,200Median home value
32.5Median age
20%Adults with a bachelor’s degree or higher
84%Homes lived in by their owners
2.9×Home value to household income
Median rent takes about 20% of the median household income in ZIP 88242.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $61,000 a year. In New Mexico that leaves roughly $4,017 a month after tax. See the full paycheck breakdown for $60,000.
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.