ZIP Code 88061 is associated with the U.S. city Silver City in New Mexico (Grant County). The current population estimate for the ZIP Code is 17,736. It is estimated that about 33.9% of residents in this New Mexico region hold a bachelor's degree or higher, while the per capita income is approximately $28,020. The median household income is $38,050, while about 20% of the population is living below the poverty line. The median age in ZIP Code 88061 is approximately 45.7 years, and 30.5% of the region's residents are aged 62 years and older.
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The median household income in ZIP Code 88061 is $38,050, while the region's mean household income is $60,674. Breaking income down further, per capita income in the region is $28,020. The per capita income in ZIP Code 88061 of $28,020 is approximately 2.9% more than the per capita income in New Mexico overall of $27,230. An estimated 20.3% of the population is living below the poverty line in this region. This rate is approximately113.68% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 15.3% of the population in 88061 earn $15,000 to $24,999 per year, while an estimated 14.4% earn less than $10,000 per year, and 2.5% of 88061 residents earn $150,000 to $199,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 14.4% |
| $10,000 to $14,999 per year | 4.9% |
| $15,000 to $24,999 per year | 15.3% |
| $25,000 to $34,999 per year | 12.9% |
| $35,000 to $49,999 per year | 12.6% |
| $50,000 to $74,999 per year | 14.3% |
| $75,000 to $99,999 per year | 9.6% |
| $100,000 to $149,999 per year | 10.2% |
| $150,000 to $199,999 per year | 2.5% |
| $200,000 or more per year | 3.4% |
Looking at race in the population that makes up ZIP Code 88061, 98.5% is one race, while 1.5% are two or more races. Approximately 45.8% of 88061 residents are hispanic or Latino (of any race). The most common race in 88061 (race alone or in combination with one or more other races), is White (92.6%), followed by Some other race (3.6%) .
| Industry | Percent |
|---|---|
| White | 92.6% |
| Black or African American | 0.9% |
| American Indian and Alaska Native | 2.9% |
| Asian | 1.4% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 3.6% |
Residents of ZIP Code 88061 are older than average. The median age of 45.7 years in ZIP Code 88061 is approximately 19.95% higher than the overall median age in the U.S. of 38.1 years. About 81.1% of residents are aged 18 years and older, and 30.5% of residents are 62 years and over. Approximately 16.0% of the population in 88061 falls in the age group 65 to 74 years, while an estimated 11.4% are aged 25 to 34 years. On the low end of the scale, 2.4% of 88061 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 5.0% |
| 5 to 9 years | 4.2% |
| 10 to 14 years | 5.9% |
| 15 to 19 years | 6.2% |
| 20 to 24 years | 6.3% |
| 25 to 34 years | 11.4% |
| 35 to 44 years | 10.4% |
| 45 to 54 years | 10.1% |
| 55 to 59 years | 6.6% |
| 60 to 64 years | 8.1% |
| 65 to 74 years | 16.0% |
| 75 to 84 years | 7.6% |
| 85 years and over | 2.4% |
In ZIP Code 88061, 87.3% of the population graduated high school, while 33.9% have a bachelor's degree or higher. In this region, 4.3% achieved an education level less than 9th grade, while 13.8% hold a graduate or professional degree. Approximately 22.2% in this Grant County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 4.3% |
| 9th to 12th grade, no diploma | 8.3% |
| High school graduate (includes equivalency) | 22.2% |
| Some college, no degree | 24.7% |
| Associate's degree | 6.6% |
| Bachelor's degree | 20.1% |
| Graduate or professional degree | 13.8% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 88061 is current access to health insurance, as an estimated 87.8% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 88061 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 87.8% |
| Risk Behavior | Percent of adults* |
|---|
In 88061, 50.7% of the population is in the labor force. Recent estimates place 5.7% as working from home, while the total labor force in the region has a mean travel to time to work of 15.4 minutes. Approximately 32.2% of the employed population 16 years and over in 88061 work in educational services, and health care and social assistance, while an estimated 18.2% work in arts, entertainment, and recreation, and accommodation and food services. On the lower end of the scale, just 1.5% of 88061 workers 16 years and over work in transportation and warehousing, and utilities.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 12.8% |
| Construction | 4.6% |
| Manufacturing | 2.8% |
| Wholesale trade | 1.8% |
| Retail trade | 9.3% |
| Transportation and warehousing, and utilities | 1.5% |
| Information | 1.8% |
| Finance and insurance, and real estate and rental and leasing | 5.0% |
| Professional, scientific, management, and administrative | 4.4% |
| Educational services, and health care and social assistance | 32.2% |
| Arts, entertainment, and recreation, and accommodation and food services | 18.2% |
| Other services, except public administration | 3.3% |
| Public administration | 2.5% |
In ZIP Code 88061, 73.1% of the population lists "English only" as the language spoken in home, while 24.6% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.9% of homes, and other Indo-European languages are spoken in 0.3% of homes. Lastly, 1.1% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Grant County region.
| Language Spoken | Percent |
|---|---|
| English only | 73.1% |
| Spanish | 24.6% |
| Other Indo-European languages | 0.9% |
| Asian and Pacific Islander languages | 0.3% |
| Other languages | 1.1% |
Regarding the age of homes in ZIP Code 88061, an estimated 21.1% of homes were built between 1970 and 1979. Additionally, 20.4% of homes in the region were built between 1990 and 1999, while an estimated 0.6% of homes were built in 2014 or later in this Grant County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.6% |
| Built between 2010 and 2013 | 0.8% |
| Built between 2000 and 2009 | 9.8% |
| Built between 1990 and 1999 | 20.4% |
| Built between 1980 and 1989 | 17.3% |
| Built between 1970 and 1979 | 21.1% |
| Built between 1960 and 1969 | 7.0% |
| Built between 1950 and 1959 | 10.5% |
| Built between 1940 and 1949 | 4.7% |
| Built in 1939 or earlier | 7.7% |
Regarding consumer complaints about financial products in ZIP Code 88061, credit reporting or other personal consumer reports have received the most complaints in 88061 in the past 12 months. Checking or savings account received the second most complaints. The most frequent complaint overall in this Grant County region was improper use of a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or other personal consumer reports | 18 |
| Checking or savings account | 6 |
| Credit reporting or credit repair services | 3 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Improper use of your report | 15 |
| Incorrect information on your report | 6 |
| Managing an account | 2 |
| Closing an account | 1 |
| Opening an account | 1 |
| Other | 2 |
Regarding solar power potential, ZIP Code 88061 has an average daily solar radiation level of 6.59 kWh/m2/day. This is approximately 59.95% greater than an area in the U.S. with historically low solar radiation levels (WA), and about equal to an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 88061 | 12.31¢/kWh | 10.2¢/kWh | 5.87¢/kWh |
| New Mexico | 14.87¢/kWh | 10.5¢/kWh | 6.46¢/kWh |
| United States | 16.44¢/kWh | 13.09¢/kWh | 8.23¢/kWh |
| Month | ZIP Code 88061 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 6.15 | 1.9 | 5.84 |
| Feb | 6.68 | 3 | 6.31 |
| Mar | 7.12 | 3.65 | 7.02 |
| Apr | 7.39 | 5.13 | 7.3 |
| May | 7.11 | 5.17 | 7.13 |
| Jun | 6.78 | 5.72 | 6.95 |
| Jul | 5.65 | 6.22 | 6.51 |
| Aug | 6.11 | 6.08 | 6.65 |
| Sep | 6.66 | 5.15 | 7.02 |
| Oct | 6.91 | 3.32 | 6.92 |
| Nov | 6.58 | 2.33 | 5.99 |
| Dec | 5.98 | 1.78 | 5.46 |