88124 ZIP Code – Melrose, New Mexico
88124 is a small ZIP code in Melrose, New Mexico, part of Curry County with a population of approximately 859 residents. The median household income of $54,375 is near the New Mexico average and below the national average. Homes in this ZIP code have a median value of $124,500, well below the national average, with 84.0% owner-occupied housing (decreasing). . Median rent is $810, which is below the U.S. average. Housing consists of 78% single-family (decreasing).
The unemployment rate is 6.6%, above the national average. About 21.8% of residents live below the poverty line, well above the national rate. 21.6% of adults hold a bachelor's degree or higher, below the U.S. average. At 50.7, the median age is above the national figure. The surrounding area includes ZIP codes 88427, 88118, 88103.
ZIP Code 88124 Data
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ZIP 88124 vs. New Mexico vs. U.S.
| Metric | ZIP 88124 | NM Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 859 | 5,896 | 10k |
| Median Household Income | $54k | $55k | $73k |
| Median Home Value | $124k | $190k | $258k |
| Median Rent | $810 | $897 | $1,088 |
| Median Age | 50.7 | 46.2 | 43.2 |
| Unemployment Rate | 6.6% | 6.3% | 5.0% |
| Poverty Rate | 21.8% | 19.9% | 13.3% |
| Bachelor's Degree or Higher | 21.6% | 23.0% | 26.9% |
Demographics Charts
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Education Level (adults 25+)
Nearby ZIP Codes
- 88427 – Mcalister
- 88118 – Floyd
- 88103 – Cannon Afb
- 88121 – House
- 88101 – Clovis
- 88134 – Taiban
- 88120 – Grady
- 88135 – Texico
- 88130 – Portales
- 88112 – Broadview
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 88427 | MCALISTER | 100 | $53,125 |
| 88118 | FLOYD | 225 | $52,778 |
| 88103 | CANNON AFB | 19 | Not provided |
| 88121 | HOUSE | 177 | Not provided |
| 88101 | CLOVIS | 45,619 | $54,824 |