Silver City, NM · standard
ZIP Code 88061
Grant County, New Mexico - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 18,585
- 5/sq mi Low-density area
- $47,917
- Median income Below-median income area
- $204,300
- Median home value Near-median home value
- 35.2%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Silver City pairs one of the lowest household incomes in the country with below-median home values, in a rural, homeowner-dominated area.
- 12th pct
- household income, US ZIPs
- 45th pct
- home value, US ZIPs
- 5
- people per sq mi
- 73%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 88061 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 88061 (Silver City, NM) rose +6.5% from 2023 to 2024. The all-transactions index moved from 229.0 in 2023 to 244.0 in 2024 (2000 = 100).
ZIP code 88061 is a mid-sized community (a standard USPS delivery area) in Silver City, Grant County, New Mexico, home to 18,585 residents across 3717.0 square miles, a density of 5 people per square mile, in the Denver time zone.
ZIP 88061 reports a modest median household income of $47,917 (19% below the average New Mexico ZIP), while per-capita income is $33,404. The poverty rate is 19.0%, with unemployment at 9.7%; those measures add context to the income figure. Median home value is $204,300 (5% below the average New Mexico ZIP) and median rent is $863; 73.4% of occupied homes are owner-occupied.
A solid share of residents have a four-year degree: 35.2% of adults hold a bachelor's degree or higher, the median age is 49.5, and the average commute is 16 minutes. The page also surfaces 1 ZIP codes within roughly 10 miles and 6 more in Grant County, so 88061 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 88061
Top 5 sectors by establishment count in Silver City, NM
Which industries have the most business establishments in ZIP 88061.
- Retail trade
Retail trade
67 establishments
- Health care and social assistance
Health care and social assistance
60 establishments
- Accommodation and food services
Accommodation and food services
58 establishments
- Other services (except public administration)
Other services (except public administration)
47 establishments
- Construction
Construction
40 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 88061, Silver City, NM · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
18,585
Population
3717.0
Area (sq mi)
5
People / sq mi
Denver
Time Zone
standard
ZIP Type
Who lives in ZIP 88061?
49.5
Median Age
49.9%
Male
50.1%
Female
5.0%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$47,917
Median Household Income
-19% vs state ZIP avg
$33,404
Per Capita Income
19.0%
Poverty Rate
9.7%
Unemployment Rate
15.7 min
Mean Commute Time
How ZIP 88061 ranks among New Mexico ZIPs
Silver City, NM household income vs. every New Mexico ZIP code
Median household income among 265 reporting New Mexico ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$47,917 34th percentile higher than 34% of 265 New Mexico ZIPs
Each bar is a $20K-wide band; taller bars hold more New Mexico ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
8,892housing units
8,892
Total Housing Units
7,170
Occupied Units
1,722
Vacant Units
2.36
Avg Household Size
Occupancy Type
$204,300
Median Home Value
-5% vs state ZIP avg
$863
Median Rent
1980
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+6.5%
YoY Change (2024)
244
HPI Index (2000 = 100)
+144%
Total Change Since 2000
Home values in ZIP 88061 have increased 6.5% over the past year (2024). Since 2000, this ZIP has seen +144% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.8% | 161 |
| 2021 | +9.8% | 177 |
| 2022 | +14.0% | 202 |
| 2023 | +13.5% | 229 |
| 2024 | +6.5% | 244 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 409 business establishments in ZIP 88061, employing approximately 4,135 people with a combined annual payroll of $167,838,000.
409
Businesses
4,135
Employees
$167.8M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 67 | 16.4% |
| Health care and social assistance | 60 | 14.7% |
| Accommodation and food services | 58 | 14.2% |
| Other services (except public administration) | 47 | 11.5% |
| Construction | 40 | 9.8% |
| Finance and insurance | 24 | 5.9% |
| Professional, scientific, and technical services | 22 | 5.4% |
| Real estate and rental and leasing | 20 | 4.9% |
| Information | 12 | 2.9% |
| Administrative and support and waste management and remediation services | 12 | 2.9% |
| Manufacturing | 11 | 2.7% |
| Wholesale trade | 11 | 2.7% |
| Educational services | 7 | 1.7% |
| Transportation and warehousing | 6 | 1.5% |
| Utilities | 4 | 1.0% |
| Arts, entertainment, and recreation | 4 | 1.0% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 88061 vs 88065 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 88065 | Tyrone, NM | 624 | 2.5 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 88061, both outside NM so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (18,585 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Grant County
Related Areas
Frequently Asked Questions
What county is ZIP code 88061 in?
ZIP code 88061 (Silver City) is located in Grant County, New Mexico. Grant County contains multiple ZIP codes, see the full list at /counties/grant-nm.
What is the population of ZIP code 88061?
ZIP code 88061 in Silver City, NM has a population of 18,585 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 88061?
The median household income in ZIP 88061 is $47,917, which is 37% below the national average of $76,288.
What is the average home value in ZIP 88061?
The median home value in ZIP 88061 is $204,300, which is 27% below the national average of $278,155.
What is the demographic makeup of ZIP 88061?
The largest racial group in ZIP 88061 is White at 65.6%. Hispanic or Latino residents make up 41.6% of the population.
How many businesses are in ZIP code 88061?
ZIP code 88061 has 409 business establishments employing approximately 4,135 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 88061?
The top industries by establishment count in ZIP 88061 are: Retail trade (67), Health care and social assistance (60), Accommodation and food services (58). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 88061?
According to the FHFA House Price Index, home values in ZIP 88061 increased by 6.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 144%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 88061?
In ZIP code 88061, 59.6% of residents aged 25+ have a high school diploma or higher, and 35.2% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 88061?
The mean commute time for workers in ZIP code 88061 is 15.7 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 88061?
In ZIP code 88061, approximately 73.4% of occupied housing units are owner-occupied and 26.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 88061?
The poverty rate in ZIP code 88061 is 19.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 88061's numbers, next.
- See how ZIP 88061 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Silver City, NM ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.