ZIP Code 88242

In ZIP code 88242, near Hobbs, households earn a median of $90,000, while per-capita income comes to $39,032. A home priced at the median $260,200 would carry county property taxes near 0.48%, or roughly $1,250 a year. Combined sales tax sits at 6.56%, so everyday purchases take a noticeable bite. With earnings at this level, housing costs and taxes together claim a workable share of the annual budget, though the sales tax applies broadly to spending. The gap between median household and per-capita figures also hints at varying household sizes and compositions across the area.