ZIP Code 88023

ZIP code 88023 is classified by USPS as a standard delivery area and covers roughly 18.2 square miles in Bayard, Grant County, New Mexico. The area is home to 2,406 residents, producing a population density of 132 people per square mile, and falls within the Denver time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 88023 against New Mexico and the nation.

On the economic side, the median household income for ZIP 88023 sits at $34,477 (42% below the New Mexico average), while per-capita income is $23,032. The poverty rate stands at 34.6% and the unemployment rate at 12.8%. On housing, the median home value is $117,700 (45% below the state average) with median rent at $716 per month, and 59.8% of occupied units are owner-occupied, a direct signal of whether 88023 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 26.4% of adults hold a bachelor's degree or higher, the median age is 34, and the average commute is —. We also surface 3 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Grant County, so you can benchmark 88023 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →