88047 can be classified socioeconomically as Lower Middle Class class compared to other ZIP Codes in New Mexico based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 88047 is Hispanic. The current unemployment level in 88047 is 4.1%.
| Population | 1,372 |
| Population Growth Rate | -42.30% |
| Population Density | 175 People per Square Mile |
| Total Households | 602 |
| Median Household Income (2021) | $40,538 |
| Average Adjusted Gross Income (2021) | $640,000 |
| Current Unemployment Rate (November 2024) | 4.1% |
| Majority Race/Ethnicty | Hispanic - 50.82% |
88047 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 1,015 | 49.18% |
| Black | 0 | 0% |
| Hispanic | 1,049 | 50.82% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
88047 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 50 | 6.45% |
| Bachelor Degree | 150 | 19.35% |
| High School Diploma | 276 | 35.61% |
| No High School Diploma | 0 | 0% |
| GED or Alternate | 41 | 5.29% |
| 1 or More Years of College | 208 | 26.84% |
| Associates Degree | 11 | 1.42% |
| Masters Degree | 18 | 2.32% |
| Professional Degree | 0 | 0% |
| Doctorate Degree | 21 | 2.71% |