ZIP Code 88023
Located in Bayard, NM (Grant County)
ZIP Code 88023 (Bayard, NM): Quick Facts & Overview
- Population: 2,057 residents (16 people per sq. mi.)
- Average House Price: $121,370
- Average Household Income: $34,477
ZIP code 88023 primarily serves Bayard, NM in Grant County. An estimated 2,057 people live within this area, with about 16 residents living in every square mile.
If you are looking for a home in ZIP code 88023, the average price is around $121,370. That makes local housing 47% lower than the New Mexico average of $230,737, and 61% lower than the national average of $308,592.
The average household in 88023 earns about $34,477 a year. This income is 42% lower than the average family in New Mexico ($59,665), and 56% lower than the national average ($78,686).
Population
2,057
Median Household Income
$34,477
Median Home Value
$121,370
Median Age
34.0 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $30,266 |
| Labor Force Participation | 41.5% |
| Unemployment Rate | 12.8% |
| Average Commute Time | 17.3 mins |
Housing & Community Metrics
| Home Ownership Rate | 59.8% |
| Median Rent | $716 |
| Rent Burdened (>30% Income) | 28.0% |
| Total Housing Units | 753 |
Additional Census & Housing Profile
Geographic Overview
| Primary City | Bayard |
| County | Grant |
| County FIPS | 35017 |
| Metro Area (CBSA) | Silver City, NM |
| Population Density | 16.2/sq mi |
| Coordinates (lat/lng) | 32.7111, -108.0775 |
| Timezone | America/Denver |
Household Structure
| Average Family Size | 4.55 |
| Dual Income Families | 34.8% |
Marital Status
| Married | 35.0% |
| Never Married | 41.3% |
| Divorced | 15.3% |
| Widowed | 8.4% |
Gender
| Male | 52.8% |
| Female | 47.2% |
Health & Poverty
| Uninsured Rate (Health) | 5.5% |
| Poverty Rate | 34.6% |
Key Population Groups
| Veterans | 5.8% |
| Disabled Population | 23.8% |
| Limited English Proficiency | - |
All ZIP Codes in Bayard
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 88023 Current | 2,057 | $34,477 | $121,370 |
Nearby ZIP Codes
| ZIP Code | City / State | Distance | Population |
|---|---|---|---|
| 88026 | Santa Clara, NM | 5.7 miles | 1,604 |
| 88043 | Hurley, NM | 7.1 miles | 1,210 |
| 88022 | Arenas Valley, NM | 9 miles | 1,326 |
| 88041 | Hanover, NM | 11.7 miles | 925 |
| 88065 | Tyrone, NM | 13.1 miles | 814 |
| 88053 | Pinos Altos, NM | 15 miles | 113 |
| 88061 | Silver City, NM | 20.3 miles | 17,464 |
| 88049 | Mimbres, NM | 23.3 miles | 807 |
| 88042 | Hillsboro, NM | 30.6 miles | 205 |
| 88038 | Gila, NM | 32.1 miles | 580 |
| 88028 | Cliff, NM | 38.6 miles | 219 |
| 88030 | Deming, NM | 41.4 miles | 24,413 |
| 87930 | Arrey, NM | 44 miles | 718 |
| 88045 | Lordsburg, NM | 45.3 miles | 3,303 |
| 87931 | Caballo, NM | 45.7 miles | 703 |
| 87942 | Williamsburg, NM | 46 miles | 1,005 |
| 87936 | Garfield, NM | 47.4 miles | 214 |