| ZIP Code | 88232 |
|---|---|
| City | Hagerman |
| State | New Mexico (NM) |
| County | Chaves County |
| Area Code | 575 |
| Elevation | 3,437 ft |
| Latitude | 33.057714 |
|---|---|
| Longitude | -104.146125 |
| Timezone | Denver (DST) |
| FIPS | 35005 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.3 yrs ↓ 13% since 2019 |
|---|---|
| Avg Household Size | 3.16 |
| Below Poverty | 16.4% ▲ 64% above avg |
| College Grads | 22.5% ▼ 42% below avg |
| Unemployment | 3.2% ▼ 35% below avg |
| No HS Diploma | 54 (3.8%) |
| HS Graduate | 502 (35.1%) |
| Some College | 339 (23.7%) |
| Associates | 215 (15%) |
| Bachelors | 156 (10.9%) |
| Graduate Degree | 166 (11.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,273 ▼ 12% below avg ↑ 59% since 2019 |
|---|---|
| Median Home Value | $115,600 ▼ 59% below avg ↑ 43% since 2019 |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $731/mo ↑ 17% since 2019 |
| Total Units | 776 |
| Vacant Units | 156 |
| Avg HH Size | 3.16 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 776 |
|---|---|
| Vacant | 156 |
| Owner Occupied | 82.7% |
| Renter Occupied | 17.3% |
| Avg HH Size | 3.16 |
ZIP code 88232 is located in Hagerman, New Mexico, within Chaves County. With a population of 2,713, this is a sparsely populated ZIP code with a relatively young community — the median age is 35.3 years. Economically, 88232 is a solidly middle-class ZIP code: the median household income of $67,273 is near the national average.
Real estate in ZIP code 88232 represents one of the more affordable housing markets in the country. The median home value of $115,600 is well below the national average. Renters can expect to pay around $731 per month in median rent. Homeownership is strong here — 82.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 43% since 2019.
The population of 88232 is majority Hispanic (54.63%). Residents are less-educated — 22.5% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 16.4%. Household income has grown by 59% since 2019.
The unemployment rate in 88232 stands at 3.2%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 88232 in Hagerman, NM is characterized as solidly middle-class, less-educated, a relatively young community, and predominantly owner-occupied. With 2,713 residents, a median household income of $67,273, and a median home value of $115,600, it offers a clear picture of life in this part of New Mexico.