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Data updated 2026-10-07

ZIP Code 88231 · Eunice, NM

Lea County · pop 3,255 · ACS 2020–2024

The median household income in ZIP Code 88231 (Eunice, NM) is $51,417, higher than 41% of the other ZIP Codes in New Mexico.

Per FHFA’s index for Lea County, home prices changed +31.5% over the five years to 2025.

01 — Where it stands

$51,417
Median household income
± $35,023 MOE
LOW RELIABILITY
$128,900
Median home value
± $33,019 MOE
$721
Median gross rent
11.9%
Poverty rate
Percentiles for ZIP Code 88231 within Lea County, New Mexico and the U.S.
MeasureValueCounty percentileState percentileU.S. percentile
Median household income$51,417 ± $35,023LOW RELIABILITY0th percentile (6 ZIP Codes compared)41st percentile (175 ZIP Codes compared)13th percentile (22,922 ZIP Codes compared)
Per capita income$32,33760th percentile (6 ZIP Codes compared)57th percentile (175 ZIP Codes compared)31st percentile (22,922 ZIP Codes compared)
Poverty rate11.9%40th percentile (6 ZIP Codes compared)28th percentile (175 ZIP Codes compared)55th percentile (22,922 ZIP Codes compared)
Adults with a bachelor’s degree or higher6.2%20th percentile (6 ZIP Codes compared)6th percentile (175 ZIP Codes compared)1st percentile (22,922 ZIP Codes compared)
Owner-occupied homes73.7%40th percentile (6 ZIP Codes compared)39th percentile (175 ZIP Codes compared)42nd percentile (22,922 ZIP Codes compared)
Housing vacancy rate17.5%100th percentile (6 ZIP Codes compared)55th percentile (175 ZIP Codes compared)77th percentile (22,922 ZIP Codes compared)
Median home value$128,900 ± $33,01920th percentile (6 ZIP Codes compared)31st percentile (172 ZIP Codes compared)13th percentile (22,833 ZIP Codes compared)
Median gross rent$7210th percentile (5 ZIP Codes compared)24th percentile (171 ZIP Codes compared)10th percentile (22,865 ZIP Codes compared)
Income inequality (Gini index)0.47580th percentile (6 ZIP Codes compared)70th percentile (175 ZIP Codes compared)79th percentile (22,922 ZIP Codes compared)
Business establishments per 1,000 residents27.3100th percentile (5 ZIP Codes compared)86th percentile (167 ZIP Codes compared)74th percentile (22,700 ZIP Codes compared)
Average annual pay per employee$93,869100th percentile (5 ZIP Codes compared)98th percentile (164 ZIP Codes compared)96th percentile (22,551 ZIP Codes compared)

Percentile groups: Lea County · New Mexico · U.S. Hover a percentile for the number of ZIP Codes compared. MOE = 90% margin of error.

02 — Home prices

+6.2%
1-year change, Lea County
2024–2025
+31.5%
5-year change, Lea County
2020–2025
+50.5%
10-year change, Lea County
2015–2025

Home price index — Lea County

Home price index, Lea County, 2000–2025Line chart of the annual home price index: 100.0 in 2000 and 332.6 in 2025. Every value is listed in the data table below the chart.100200300400200020052010201520202025332.6

FHFA does not publish a ZIP-level index for this area; the chart shows the Lea County index. FHFA county index (2000 = 100) — annual, developmental, not seasonally adjusted.

Data table
Home price index by year, Lea County
YearIndexAnnual change
2000100.0−1.0%
2001103.5+3.5%
2002110.8+7.0%
2003118.3+6.8%
2004133.1+12.5%
2005147.6+10.9%
2006165.7+12.3%
2007183.9+10.9%
2008190.6+3.6%
2009190.1−0.2%
2010193.6+1.8%
2011188.5−2.6%
2012194.4+3.1%
2013206.5+6.2%
2014218.9+6.0%
2015221.0+1.0%
2016220.3−0.3%
2017227.8+3.4%
2018229.8+0.9%
2019244.2+6.3%
2020253.0+3.6%
2021266.7+5.4%
2022282.2+5.8%
2023297.8+5.5%
2024313.3+5.2%
2025332.6+6.2%

03 — Nearby ZIP Codes

ZIP Code 88231 and nearby ZIP Codes
ZIPPlaceDistanceMedian household incomeMedian home valuePoverty rate5-yr HPI change
88231Eunice, NMthis ZIP Code$51,417$128,90011.9%—
88265Monument, NM12.1 mi$103,542$261,4002.5%—
88252Jal, NM19.8 mi—$97,60032.0%—
88240Hobbs, NM20.4 mi$63,270$186,90019.4%+31.1%
88244Hobbs, NM23.6 mi$103,542$270,4006.6%—
88242Hobbs, NM27.5 mi$90,000$260,20010.1%+37.8%

Up to six nearest ZIP Code Tabulation Areas within 30 miles, by straight-line distance between Census center points (2024 Gazetteer).

04 — Business mix

89
Establishments
1,342
Employees
$126.0M
Annual payroll
$93,869
Average pay per employee
Establishments by sector, ZIP Code 88231
SectorEstablishmentsShare of ZIPU.S. shareRelative concentration
Mining, quarrying, oil & gas1618.0%0.2%94.6×
Transportation & warehousing1213.5%3.3%4.0×
Accommodation & food services1011.2%9.3%1.2×
Retail trade910.1%12.4%0.8×
Administrative & support services89.0%5.3%1.7×
Other services89.0%9.5%0.9×
Construction55.6%9.6%0.6×
Wholesale trade55.6%4.4%1.3×
Real estate & rental44.5%5.5%0.8×
Manufacturing33.4%3.3%1.0×
All other sectors33.4%11.7%0.3×

Counts are establishments (business locations), not jobs. Relative concentration = the sector’s share of establishments here divided by its share in the U.S. (1.0× = the same share). Average pay is shown only where at least 20 employees are reported. ZIP Code Business Patterns 2023.

05 — About this data

How percentiles are calculated

Percentiles compare this ZIP Code with other ZIP Codes in the same county, the same state and the whole country. Only ZIP Codes with their own American Community Survey estimate, a population of at least 1,000 and a published median household income are compared, and only those with a value for the measure. A percentile of 64th means the value is higher than 64% of the other ZIP Codes in that group (0 is the lowest value, 100 the highest); it describes the size of a number, not a judgment about the area. County and state percentiles are left blank when the group has fewer than 5 ZIP Codes. The number of ZIP Codes compared is shown with each percentile.

Census figures are published for ZIP Code Tabulation Areas, which approximate USPS ZIP Code delivery areas; values shown as — are not published or are suppressed by the source.

Use of this page

Area statistics only. These figures describe a ZIP Code area — not any person or household — and do not rate the area or the people who live there. CoverFi is not a consumer reporting agency; do not use this page to make decisions about credit, insurance, employment or housing.

Sources

  1. U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, ZIP Code Tabulation Areas. Estimates are survey-based and have margins of error.
  2. U.S. Census Bureau, ZIP Code Business Patterns 2023 (establishment counts by NAICS sector; employment and payroll totals).
  3. Federal Housing Finance Agency, House Price Index for five-digit ZIP Codes, census tracts and counties — annual, developmental, not seasonally adjusted.
  4. IRS Statistics of Income, Individual Income Tax ZIP Code Data, tax year 2022.
  5. U.S. Census Bureau, 2024 Gazetteer Files (ZCTA locations, used for nearby ZIP Codes).
  6. HUD USPS ZIP Code Crosswalk Files (ZIP-to-tract and ZIP-to-county assignment).

This product uses Census Bureau data but is not endorsed or certified by the Census Bureau. This product uses the HUD User Data API but is not endorsed or certified by HUD User. ZIP Code Tabulation Areas are Census approximations of USPS ZIP Code delivery areas and may not match them exactly. ZIP Code is a trademark of the United States Postal Service.