88220 Zip Code

April 18, 2024

Zip Code:	88220
City/Town:	Happy Valley
State:	New Mexico

Population:	33,725
Per Capita Income:	$20,495
Mean Household Income:	$49,564

Total Housing Units:	13,102
Median Home Value:	$64,700
Median Year Homes Built:	1965

Land Area:	829.1 sq miles 2,147.5 sq kilometers
Water Area:	3.6 sq miles 9.3 sq kilometers

Population Information (88220 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

33,725

Male:

16,738

49.6%

49.2%

Female:

16,987

50.4%

50.8%

Median Age:

38.4 yrs

37.2 yrs

Under 5 years:

2,376

7.0%

6.5%

5 to 9 years:

2,318

7.2%

6.6%

10 to 19 years:

4,810

14.3%

13.8%

20 to 29 years:

4,063

12.0%

13.8%

30 to 39 years:

3,876

11.5%

13.0%

40 to 49 years:

4,287

12.7%

14.2%

50 to 59 years:

5,000

14.8%

13.6%

60 to 69 years:

3,416

10.1%

9.4%

70 to 79 years:

2,056

6.1%

5.4%

80 years and over:

1,523

4.5%

3.7%

Housing Information (88220 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$64,700

$119,600

Median year homes build:

1965

1971

Median real estate taxes:

$280 / yr.

$1,334 / yr.

Median rent:

$342 / mo.

$519 / mo.

Total households:

13,102

Family households:

9,003

68.7%

66.4%

Nonfamily households:

4,099

31.3%

33.6%

Households with individuals under 18 years:

4,494

34.3%

33.4%

Households with individuals 65 years and over:

3,642

27.8%

24.9%

Average household size:

2.5

Average family size:

3.0

Total housing units:

14,464

Occupied housing units:

13,102

90.6%

88.6%

Vacant housing units:

1,362

9.4%

11.4%

For rent:

253

1.7%

3.1%

Rented, not occupied:

0.2%

For sale only:

124

0.9%

1.4%

Sold, not occupied:

0.4%

0.3%

For seasonal, recreational, or occasional use:

154

1.1%

3.5%

All other vacants:

739

5.1%

2.8%

Homeowner vacancy rate:

1.3%

2.4%

Rental vacancy rate:

6.7%

9.2%

Owner-occupied housing units:

9,625

Population in owner-occupied housing units:

24,563

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

3,477

Population in renter-occupied housing units:

8,571

Average household size of renter-occupied units:

2.5

2.44

Educational Attainment (88220 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

21,395

Less than 9th grade:

1,886

8.8%

6.2%

9th to 12th grade, no diploma:

2,794

13.1%

8.7%

High school graduate (includes equivalency):

7,546

35.3%

29.0%

Some college, no degree:

4,813

22.5%

20.6%

Associate degree:

1,217

5.7%

7.5%

Bachelor's degree:

1,910

8.9%

17.6%

Graduate or professional degree:

1,229

5.7%

10.3%

Percent high school graduate or higher:

78.1%

85.0%

Percent bachelor's degree or higher:

14.7%

27.9%

Income Information (88220 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

11,150

33.1%

50.4%

Median income:

$23,430 / yr.

$27,932 / yr.

Full-time, year-round workers:

5,328

15.8%

59.7%

Median income:

$34,244 / yr.

$38,349 / yr.

Females 15 years and over with income:

10,775

31.9%

49.6%

Median income:

$11,785 / yr.

$16,327 / yr.

Full-time, year-round workers:

3,150

9.3%

40.3%

Median income:

$20,517 / yr.

$28,135 / yr.

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