Housing data for ZIP code 88061

Name: Housing in ZIP code 88061, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

ZIP code 88061 has an estimated 17,464 residents and 8,892 homes (US Census Bureau, 2020–2024 American Community Survey).

It lies in Grant County.

26.6% of households rent.

The median gross rent is $863 (±$28) a month.

The median home value is $204,300 (±$21,355).

The median household income is $47,917 (±$4,472) a year.

Figures last updated on November 12, 2026.

Residents: 17,464 (±750)
Median gross rent: $863
Median home value: $204,300
Households that rent: 26.6%

How ZIP code 88061 compares

Estimate (90% margin of error)
	ZIP 88061	Grant County	New Mexico	United States
Residents	17,464 (±750)	27,775	2,120,246	334,922,499
Housing units	8,892 (±371)	14,755	956,964	143,775,355
Households that rent	26.6% (±4.2 points)	24.2%	30.0%	34.8%
Median gross rent	$863 (±$28)	$825	$1,067	$1,413
Median home value	$204,300 (±$21,355)	$175,600	$248,100	$332,700
Median household income	$47,917 (±$4,472)	$44,958	$64,059	$80,734
Median real estate taxes (a year)	$914 (±$83)	$808	$1,731	$3,119
Renters paying 30% or more of income	41.8% (±11.4 points)	45.0%	50.2%	51.1%
Built before 1980	49.8% (±6.1 points)	53.8%	42.7%	49.7%
Average commute	15.7 minutes (±2.1)	17.9 minutes	23.5 minutes	26.4 minutes
Households with broadband	88.2% (±3.3 points)	86.8%	86.5%	91.0%
Median age of residents	49.5 years (±3.4)	49.5 years	39.4 years	38.9 years

In ZIP 88061, median gross rent is not measurably different from Grant County ($825).

It is also lower than in New Mexico ($1,067).

It is lower than the national figure ($1,413).

Among the 4 ZIP codes in Grant County with a published estimate, ZIP 88061 ranks 1 from highest to lowest median gross rent.

Among the 12 ZIP codes in Grant County with a published estimate, ZIP 88061 ranks 5 from highest to lowest median home value.

Among the 11 ZIP codes in Grant County with a published estimate, ZIP 88061 ranks 4 from highest to lowest median household income.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Rent in ZIP code 88061

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	ZIP 88061	Grant County	New Mexico	United States
Less than $500	5.5% (±3.8 points)	15.2%	8.6%	6.3%
$500 to $999	70.3% (±10.3 points)	65.2%	36.3%	20.2%
$1,000 to $1,499	22.9% (±9.6 points)	18.7%	32.4%	28.1%
$1,500 to $1,999	0.9% (±1.9 points)	0.6%	15.1%	21.1%
$2,000 to $2,499	0.0% (±2.4 points)	0.0%	4.9%	12.0%
$2,500 to $2,999	0.0% (±2.4 points)	0.0%	1.3%	5.5%
$3,000 or more	0.3% (±0.4 points)	0.2%	1.3%	6.8%

The most common range is $500 to $999, paid by 70.3% of renting households.

Rent by bedrooms in ZIP code 88061

Median gross rent by number of bedrooms, estimate (90% margin of error)
Bedrooms	Census median
1 bedroom	$697 (±$59)
2 bedrooms	$867 (±$20)
3 bedrooms	$965 (±$77)

Rent burden in ZIP code 88061

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	ZIP 88061	Grant County	New Mexico	United States
Less than 15%	9.4% (±4.7 points)	12.0%	14.3%	12.6%
15% to 19.9%	14.9% (±7.5 points)	13.5%	12.5%	12.2%
20% to 24.9%	8.3% (±6.5 points)	6.9%	11.5%	12.6%
25% to 29.9%	25.5% (±11.9 points)	22.7%	11.5%	11.5%
30% to 34.9%	4.8% (±2.8 points)	5.3%	8.5%	9.2%
35% or more	37.0% (±11.0 points)	39.7%	41.7%	41.9%

41.8% (±11.4 points) of renting households in ZIP code 88061 spend 30% or more of their income on gross rent.

Home values in ZIP code 88061

Owner-occupied homes by value, 2020–2024
Value	ZIP 88061	Grant County	New Mexico	United States
Less than $50,000	11.5% (±3.1 points)	10.0%	9.4%	5.3%
$50,000 to $99,999	9.0% (±2.9 points)	14.1%	7.8%	6.1%
$100,000 to $149,999	11.5% (±3.7 points)	11.5%	8.5%	6.8%
$150,000 to $199,999	17.0% (±4.7 points)	21.4%	11.7%	9.0%
$200,000 to $299,999	22.8% (±5.2 points)	20.8%	23.6%	17.8%
$300,000 to $499,999	22.9% (±4.1 points)	17.6%	25.5%	26.9%
$500,000 to $999,999	3.4% (±1.4 points)	3.3%	11.2%	20.9%
$1,000,000 or more	1.9% (±1.6 points)	1.3%	2.4%	7.1%

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

The homes in ZIP code 88061

Housing units by units in structure, 2020–2024
Building type	ZIP 88061	Grant County	New Mexico	United States
Single-family, detached	60.2% (±4.1 points)	62.2%	64.5%	61.3%
Single-family, attached (townhouse, rowhouse)	1.4% (±0.8 points)	0.8%	3.8%	6.2%
2 units	2.4% (±1.6 points)	2.3%	1.7%	3.4%
3 or 4 units	3.7% (±2.0 points)	2.3%	4.0%	4.3%
5 to 9 units	1.5% (±1.0 points)	1.4%	2.8%	4.5%
10 to 19 units	5.6% (±2.7 points)	4.1%	2.4%	4.3%
20 or more units	0.6% (±0.8 points)	0.7%	4.9%	10.3%
Mobile home	24.0% (±3.6 points)	25.1%	15.5%	5.6%
Boat, RV, van, etc.	0.5% (±0.4 points)	1.1%	0.3%	0.1%

When the homes in ZIP code 88061 were built

Housing units by year structure built, 2020–2024
Year built	ZIP 88061	Grant County	New Mexico	United States
2020 or later	0.9% (±0.5 points)	1.5%	1.4%	2.0%
2010 to 2019	7.2% (±2.5 points)	6.7%	8.4%	9.4%
2000 to 2009	8.7% (±2.4 points)	7.7%	15.5%	13.6%
1990 to 1999	18.3% (±3.0 points)	16.4%	15.8%	12.4%
1980 to 1989	15.2% (±3.0 points)	13.8%	16.2%	12.9%
1970 to 1979	19.9% (±3.8 points)	17.9%	16.9%	14.2%
1960 to 1969	11.7% (±3.4 points)	12.7%	9.0%	9.9%
1950 to 1959	4.9% (±2.1 points)	7.7%	8.9%	9.5%
1940 to 1949	4.0% (±1.6 points)	4.6%	3.5%	4.4%
1939 or earlier	9.3% (±2.2 points)	10.9%	4.4%	11.7%

49.8% of the homes in ZIP code 88061 were built before 1980, so many fall under the federal lead-paint disclosure rules for homes built before 1978.

Heating fuel in ZIP code 88061

Occupied housing units by house heating fuel, 2020–2024
Fuel used most	ZIP 88061	Grant County	New Mexico	United States
Utility gas	47.4% (±4.7 points)	42.9%	61.7%	46.5%
Fuel oil, kerosene, etc.	0.0% (±0.6 points)	0.0%	0.1%	3.9%
Electricity	23.2% (±4.8 points)	26.4%	23.3%	41.3%
Bottled or tank gas (propane)	14.6% (±3.0 points)	16.2%	6.8%	4.9%
Wood	8.8% (±2.1 points)	9.2%	5.7%	1.4%
Solar energy	1.6% (±1.0 points)	1.2%	0.7%	0.3%
Coal or coke	0.0% (±0.6 points)	0.0%	0.0%	0.1%
Other fuel	4.4% (±2.2 points)	3.7%	1.1%	0.5%
No fuel used	0.0% (±0.6 points)	0.3%	0.5%	1.2%

How people in ZIP code 88061 get to work

Workers 16 and over by means of transportation to work, 2020–2024
Means of transportation	ZIP 88061	Grant County	New Mexico	United States
Drove alone	68.8% (±6.4 points)	72.3%	73.6%	68.8%
Carpooled	12.3% (±4.5 points)	11.1%	9.9%	8.5%
Public transportation	0.0% (±0.7 points)	0.0%	0.6%	3.2%
Walked	5.4% (±2.4 points)	3.8%	1.9%	2.4%
Other means (bicycle, taxi, motorcycle)	0.5% (±0.7 points)	0.6%	1.8%	2.0%
Worked from home	13.0% (±3.8 points)	12.1%	12.2%	15.1%

Workers who live in ZIP code 88061 take an average of 15.7 minutes to get to work.

ZIP codes near 88061

Nearest ZIP codes with Census figures, by straight-line distance between their internal points
ZIP code	Distance	Median gross rent	Median home value	Median household income	Households that rent
88065	8.4 mi	—	$166,100	$47,031	27.4%
88026	17 mi	$543	$141,500	$57,898	19.9%
88043	17 mi	$545	$93,800	$34,236	11.7%
88022	17 mi	—	$173,100	$37,147	24.9%
88023	20 mi	$716	$117,700	$34,477	40.2%
88053	22 mi	—	$282,500	—	40.0%
88034	26 mi	—	—	—	0.0%
88045	27 mi	$804	$99,100	$44,063	25.4%

ZIP code 88061 is reported as ZIP Code Tabulation Area 88061: the Census Bureau’s area built from census blocks to match the ZIP code’s delivery area as closely as it can.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about ZIP 88061

What is the median rent in ZIP code 88061?

The median gross rent in ZIP Code Tabulation Area 88061 is $863 (±$28) a month (2020–2024 American Community Survey).

What is the median home value in ZIP code 88061?

The median value of owner-occupied homes in ZIP code 88061 is $204,300 (±$21,355) (2020–2024 American Community Survey).

What is the median household income in ZIP code 88061?

The median household income in ZIP code 88061 is $47,917 (±$4,472) a year (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for ZCTA5 88061 (zip code tabulation area:88061).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0134E, DP04_0134M, DP04_0089E, DP04_0089M, DP03_0062E, DP03_0062M, DP04_0047PE, DP04_0047PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.