88242 Income Statistics

Comparison to Surrounding Areas

88242 Median Household Income

The median household income ($90,000) for 88242 is more than 79360 ($79,467), 88240 ($63,270), 88260 ($75,476), Lea County ($68,015), Hobbs city ($64,021), and North Hobbs CDP ($82,554).

88242$90,000
Hobbs city$64,021
North Hobbs CDP$82,554
Lea County$68,015

Get Median Household Income for all Zip Codes in New Mexico.

88242 Average Household Income

The average household income ($115,358) for 88242 is more than 79360 ($97,278), 88240 ($89,926), 88260 ($85,839), Lea County ($91,389), Hobbs city ($93,567), and North Hobbs CDP ($97,298).

88242$115,358
Hobbs city$93,567
North Hobbs CDP$97,298
Lea County$91,389

Get Average Household Income for all Zip Codes in New Mexico.

88242 Per-Capita Income

The per-capita income for 88242 is $39,032. The per capita income ($39,032) for 88242 is more than 79360 ($30,951), 88240 ($31,306), 88260 ($27,130), Lea County ($31,326), Hobbs city ($32,862), and North Hobbs CDP ($31,262).

88242$39,032
Hobbs city$32,862
North Hobbs CDP$31,262
Lea County$31,326

Get Per-Capita Income for all Zip Codes in New Mexico.

88242 High Income Households

16.4% of households make over $200,000 a year. The percent high income households (16.4%) for 88242 is more than 79360 (9.8%), 88240 (8.4%), 88260 (7.6%), Lea County (9.1%), Hobbs city (10.0%), and North Hobbs CDP (10.5%).

8824216.4%
Hobbs city10.0%
North Hobbs CDP10.5%
Lea County9.1%

Get High Income Households for all Zip Codes in New Mexico.

88242 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
88242$82,286$100,938$113,942$43,125
Hobbs city$50,660$73,556$72,528$37,955
North Hobbs CDP$97,612$100,052$70,268$53,229
Lea County$51,224$75,499$80,254$35,679

Get Median Household Income by Age of Householder for all Zip Codes in New Mexico.

88242 Map

Is 88242 the right zip for your: marketing campaign, new business or development project?

Skip hours of searching and get the answers you need with our Income By Zip Code Lists. You'll get the most current and popular income data that businesses use to find their target customers.

  • Don't waste 40 high-value hours digging through the US Census Bureau's website
  • Up-to-date data
  • Easy to analyze
  • Invest your time in your new customers

Get Your Income By Zip Code List

Get all zip codes in a state or the entire US with data such as median household income.
Starting at $65.

About the Data

Data Sources

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 88242 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars) By Age Of Householder

Margins of Error

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+
88242+/-$14,357+/-$17,610+/-$5,011+/-6.3%+/-$27,606+/-$25,143+/-$50,388+/-$23,938
Hobbs city+/-$6,762+/-$10,728+/-$3,727+/-3.3%+/-$13,804+/-$5,602+/-$19,014+/-$8,760
North Hobbs CDP+/-$12,530+/-$18,418+/-$5,673+/-5.4%+/-$13,709+/-$17,879+/-$45,245+/-$33,666
Lea County+/-$5,605+/-$7,488+/-$2,273+/-2.4%+/-$8,009+/-$5,182+/-$10,091+/-$5,563