88048 Zip Code

April 20, 2024

Zip Code:	88048
City/Town:	Vado
State:	New Mexico

Population:	3,862
Per Capita Income:	$9,129
Mean Household Income:	$34,254

Total Housing Units:	1,123
Median Home Value:	$60,200
Median Year Homes Built:	1981

Land Area:	19.6 sq miles 50.7 sq kilometers
Water Area:	0.1 sq miles 0.2 sq kilometers

Population Information (88048 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

3,862

Male:

1,921

49.7%

49.2%

Female:

1,941

50.3%

50.8%

Median Age:

28.6 yrs

37.2 yrs

Under 5 years:

377

9.8%

6.5%

5 to 9 years:

335

9.6%

6.6%

10 to 19 years:

719

18.6%

13.8%

20 to 29 years:

570

14.8%

13.8%

30 to 39 years:

461

11.9%

13.0%

40 to 49 years:

466

12.1%

14.2%

50 to 59 years:

438

11.3%

13.6%

60 to 69 years:

261

6.8%

9.4%

70 to 79 years:

163

4.2%

5.4%

80 years and over:

1.9%

3.7%

Housing Information (88048 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$60,200

$119,600

Median year homes build:

1981

1971

Median real estate taxes:

$444 / yr.

$1,334 / yr.

Median rent:

$240 / mo.

$519 / mo.

Total households:

1,123

Family households:

935

83.3%

66.4%

Nonfamily households:

188

16.7%

33.6%

Households with individuals under 18 years:

593

52.8%

33.4%

Households with individuals 65 years and over:

249

22.2%

24.9%

Average household size:

3.4

Average family size:

3.8

Total housing units:

1,206

Occupied housing units:

1,123

93.1%

88.6%

Vacant housing units:

6.9%

11.4%

For rent:

1.5%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

0.7%

1.4%

Sold, not occupied:

0.2%

0.3%

For seasonal, recreational, or occasional use:

0.4%

3.5%

All other vacants:

4.1%

2.8%

Homeowner vacancy rate:

1.0%

2.4%

Rental vacancy rate:

6.2%

9.2%

Owner-occupied housing units:

849

Population in owner-occupied housing units:

2,920

Average household size of owner-occupied units:

3.4

2.65

Renter-occupied housing units:

274

Population in renter-occupied housing units:

942

Average household size of renter-occupied units:

3.4

2.44

Educational Attainment (88048 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

2,605

Less than 9th grade:

1,008

38.7%

6.2%

9th to 12th grade, no diploma:

480

18.4%

8.7%

High school graduate (includes equivalency):

548

21.0%

29.0%

Some college, no degree:

274

10.5%

20.6%

Associate degree:

3.3%

7.5%

Bachelor's degree:

133

5.1%

17.6%

Graduate or professional degree:

2.9%

10.3%

Percent high school graduate or higher:

42.9%

85.0%

Percent bachelor's degree or higher:

8.0%

27.9%

Income Information (88048 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:

1,510

39.1%

50.4%

Median income:

$14,291 / yr.

$27,932 / yr.

Full-time, year-round workers:

723

18.7%

59.7%

Median income:

$17,360 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,216

31.5%

49.6%

Median income:

$7,216 / yr.

$16,327 / yr.

Full-time, year-round workers:

357

9.2%

40.3%

Median income:

$16,408 / yr.

$28,135 / yr.

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