Comparison to Surrounding Areas
The median household income ($34,477) for 88023 is less than the median household income for 88026 ($57,898) and Grant County ($44,958). But it's more than 88034 ($-1), 88041 ($33,403), 88043 ($34,236), and Cobre CDP ($-1). And it's the same as Bayard city ($34,477).
| 88023 | $34,477 |
| Bayard city | $34,477 |
| Cobre CDP | $-1 |
| Grant County | $44,958 |
Get Median Household Income for all Zip Codes in New Mexico.
The average household income ($55,500) for 88023 is less than the average household income for 88026 ($70,170) and Grant County ($69,954). But it's more than 88034 ($-1), 88041 ($42,803), 88043 ($50,194), and Cobre CDP ($-1). And it's the same as Bayard city ($55,500).
| 88023 | $55,500 |
| Bayard city | $55,500 |
| Cobre CDP | $-1 |
| Grant County | $69,954 |
Get Average Household Income for all Zip Codes in New Mexico.
The per-capita income for 88023 is $23,032. The per capita income ($23,032) for 88023 is less than the per capita income for 88026 ($31,110), 88043 ($25,662), and Grant County ($31,209). But it's more than 88034 ($-1), 88041 ($23,029), and Cobre CDP ($-1). And it's the same as Bayard city ($23,032).
| 88023 | $23,032 |
| Bayard city | $23,032 |
| Cobre CDP | $-1 |
| Grant County | $31,209 |
Get Per-Capita Income for all Zip Codes in New Mexico.
1.5% of households make over $200,000 a year. The percent high income households (1.5%) for 88023 is less than the percent high income households for 88026 (8.7%) and Grant County (3.7%). But it's more than 88034 (0.0%), 88041 (0.0%), 88043 (0.3%), and Cobre CDP (-1.0%). And it's the same as Bayard city (1.5%).
| 88023 | 1.5% |
| Bayard city | 1.5% |
| Cobre CDP | -1.0% |
| Grant County | 3.7% |
Get High Income Households for all Zip Codes in New Mexico.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 88023 | $-1 | $40,952 | $29,632 | $-1 |
| Bayard city | $-1 | $40,952 | $29,632 | $-1 |
| Cobre CDP | $-1 | $-1 | $-1 | $-1 |
| Grant County | $21,450 | $41,278 | $47,895 | $45,609 |
Get Median Household Income by Age of Householder for all Zip Codes in New Mexico.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 88023 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the income data are:
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 88023 | +/-$9,859 | +/-$12,758 | +/-$5,105 | +/-2.3% | +/-$-1 | +/-$15,006 | +/-$8,405 | +/-$-1 |
| Bayard city | +/-$9,859 | +/-$12,758 | +/-$5,105 | +/-2.3% | +/-$-1 | +/-$15,006 | +/-$8,405 | +/-$-1 |
| Cobre CDP | +/-$-1 | +/-$-1 | +/-$-1 | +/--1.0% | +/-$-1 | +/-$-1 | +/-$-1 | +/-$-1 |
| Grant County | +/-$4,212 | +/-$5,233 | +/-$2,061 | +/-1.1% | +/-$12,955 | +/-$8,797 | +/-$12,890 | +/-$5,289 |