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

Population 859
Median Household Income $54,375
Median Home Value $124,500
Median Rent $810
Median Age 50.7
Unemployment Rate 6.6%
Poverty Rate 21.8%
Bachelor's Degree or Higher 21.6%
County Curry County
State New Mexico

ZIP 88124 vs. New Mexico vs. U.S.

MetricZIP 88124NM Avg.U.S. Avg.
Population8595,89610k
Median Household Income$54k$55k$73k
Median Home Value$124k$190k$258k
Median Rent$810$897$1,088
Median Age50.746.243.2
Unemployment Rate6.6%6.3%5.0%
Poverty Rate21.8%19.9%13.3%
Bachelor's Degree or Higher21.6%23.0%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

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