Comparison to Surrounding Areas
The median household income ($63,270) for 88240 is less than the median household income for 88260 ($75,476), 79714 ($72,242), 88210 ($79,632), 88220 ($78,162), 88242 ($90,000), 79360 ($79,467), Lea County ($68,015), Hobbs city ($64,021), Nadine CDP ($120,074), and North Hobbs CDP ($82,554). But it's more than 88231 ($51,417), 88244 ($-1), 88264 ($-1), and 88265 ($-1).
| 88240 | $63,270 |
| Hobbs city | $64,021 |
| Nadine CDP | $120,074 |
| North Hobbs CDP | $82,554 |
| Lea County | $68,015 |
Get Median Household Income for all Zip Codes in New Mexico.
The average household income ($89,926) for 88240 is less than the average household income for 88242 ($115,358), 79360 ($97,278), 79714 ($103,358), 88210 ($92,520), 88220 ($98,776), Lea County ($91,389), Hobbs city ($93,567), Nadine CDP ($95,825), and North Hobbs CDP ($97,298). But it's more than 88231 ($86,364), 88244 ($-1), 88260 ($85,839), 88264 ($-1), and 88265 ($88,456).
| 88240 | $89,926 |
| Hobbs city | $93,567 |
| Nadine CDP | $95,825 |
| North Hobbs CDP | $97,298 |
| Lea County | $91,389 |
Get Average Household Income for all Zip Codes in New Mexico.
The per-capita income for 88240 is $31,306. The per capita income ($31,306) for 88240 is less than the per capita income for 88242 ($39,032), 88210 ($33,849), 88220 ($39,951), 88231 ($32,337), 79714 ($37,340), Lea County ($31,326), Hobbs city ($32,862), and Nadine CDP ($35,494). But it's more than 79360 ($30,951), 88244 ($4,842), 88260 ($27,130), 88264 ($-1), 88265 ($24,713), and North Hobbs CDP ($31,262).
| 88240 | $31,306 |
| Hobbs city | $32,862 |
| Nadine CDP | $35,494 |
| North Hobbs CDP | $31,262 |
| Lea County | $31,326 |
Get Per-Capita Income for all Zip Codes in New Mexico.
8.4% of households make over $200,000 a year. The percent high income households (8.4%) for 88240 is less than the percent high income households for 88265 (28.4%), 79714 (9.7%), 88220 (11.6%), 88242 (16.4%), 79360 (9.8%), Lea County (9.1%), Hobbs city (10.0%), and North Hobbs CDP (10.5%). But it's more than 88210 (6.9%), 88231 (7.0%), 88244 (-1.0%), 88260 (7.6%), 88264 (0.0%), and Nadine CDP (0.0%).
| 88240 | 8.4% |
| Hobbs city | 10.0% |
| Nadine CDP | 0.0% |
| North Hobbs CDP | 10.5% |
| Lea County | 9.1% |
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 | |
|---|---|---|---|---|
| 88240 | $43,561 | $73,861 | $69,825 | $36,563 |
| Hobbs city | $50,660 | $73,556 | $72,528 | $37,955 |
| Nadine CDP | $-1 | $-1 | $-1 | $-1 |
| 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.
Use our lookalike & filtering workflow to discover every zip that matches your ideal market profile.
Our Income By Zip Code Lists let you start with a zip like 88240, then automatically find hundreds of similar zips by income, demographics, and growth potential — so you can build a smarter target list in minutes.
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.
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 88240 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+ | |||||
| 88240 | +/-$6,977 | +/-$10,530 | +/-$3,603 | +/-3.2% | +/-$15,942 | +/-$5,752 | +/-$18,869 | +/-$6,797 |
| Hobbs city | +/-$6,762 | +/-$10,728 | +/-$3,727 | +/-3.3% | +/-$13,804 | +/-$5,602 | +/-$19,014 | +/-$8,760 |
| Nadine CDP | +/-$72,423 | +/-$28,035 | +/-$14,838 | +/-32.7% | +/-$-1 | +/-$-1 | +/-$-1 | +/-$-1 |
| 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 |