ZIP Code 88256 is associated with the U.S. city Loving in New Mexico (Eddy County). The current population estimate for the ZIP Code is 1,696. The 88256 ZIP Code has a median age of 37.8 years, and 21.3% of residents are aged 62 years and older. The median household income is at $48,750, while an estimated 14% of the population in this ZIP is living below the poverty line. It is estimated that about 7.6% of residents in this New Mexico region hold a bachelor's degree or higher, while the per capita income is approximately $25,182.
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The median household income in ZIP Code 88256 is $48,750, while the region's mean household income is $62,676. Breaking income down further, per capita income in the region is $25,182. The per capita income in ZIP Code 88256 of $25,182 is approximately 7.52% less than the per capita income in the U.S. overall of $27,230. An estimated 14.3% of the population is living below the poverty line in this region. This rate is approximately50.53% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 18.6% of the population in 88256 earn $100,000 to $149,999 per year, while an estimated 14.5% earn $50,000 to $74,999 per year, and 0.6% of 88256 residents earn $150,000 to $199,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 9.8% |
| $10,000 to $14,999 per year | 10.1% |
| $15,000 to $24,999 per year | 13.0% |
| $25,000 to $34,999 per year | 6.0% |
| $35,000 to $49,999 per year | 12.2% |
| $50,000 to $74,999 per year | 14.5% |
| $75,000 to $99,999 per year | 11.9% |
| $100,000 to $149,999 per year | 18.6% |
| $150,000 to $199,999 per year | 0.6% |
| $200,000 or more per year | 3.3% |
Looking at race in the population that makes up ZIP Code 88256, 99.6% is one race, while 0.4% are two or more races. Approximately 60.9% of 88256 residents are hispanic or Latino (of any race). The most common race in 88256 (race alone or in combination with one or more other races), is White (91.9%), followed by American Indian and Alaska Native (7.3%) .
| Industry | Percent |
|---|---|
| White | 91.9% |
| Black or African American | 0.0% |
| American Indian and Alaska Native | 7.3% |
| Asian | 0.0% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 1.2% |
Residents of ZIP Code 88256 are younger than average. The median age of 37.8 years in ZIP Code 88256 is approximately 0.79% lower than the overall median age in the U.S. of 38.1 years. About 75.1% of residents are aged 18 years and older, and 21.3% of residents are 62 years and over. Approximately 15.3% of the population in 88256 falls in the age group 25 to 34 years, while an estimated 10.6% are aged 65 to 74 years. On the low end of the scale, 1.0% of 88256 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 8.0% |
| 5 to 9 years | 4.0% |
| 10 to 14 years | 9.2% |
| 15 to 19 years | 5.2% |
| 20 to 24 years | 5.7% |
| 25 to 34 years | 15.3% |
| 35 to 44 years | 9.4% |
| 45 to 54 years | 10.5% |
| 55 to 59 years | 9.5% |
| 60 to 64 years | 5.8% |
| 65 to 74 years | 10.6% |
| 75 to 84 years | 5.8% |
| 85 years and over | 1.0% |
In ZIP Code 88256, 79.8% of the population graduated high school, while 7.6% have a bachelor's degree or higher. In this region, 6.1% achieved an education level less than 9th grade, while 1.3% hold a graduate or professional degree. Approximately 41.4% in this Eddy County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 6.1% |
| 9th to 12th grade, no diploma | 14.2% |
| High school graduate (includes equivalency) | 41.4% |
| Some college, no degree | 21.5% |
| Associate's degree | 9.2% |
| Bachelor's degree | 6.3% |
| Graduate or professional degree | 1.3% |
In 88256, 56.8% of the population is in the labor force. Recent estimates place 4.4% as working from home, while the total labor force in the region has a mean travel to time to work of 22.8 minutes. Approximately 26.1% of the employed population 16 years and over in 88256 work in agriculture, forestry, fishing and hunting, and mining, while an estimated 20.6% work in educational services, and health care and social assistance. On the lower end of the scale, just 1.0% of 88256 workers 16 years and over work in information.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 26.1% |
| Construction | 9.1% |
| Manufacturing | 2.6% |
| Wholesale trade | 1.9% |
| Retail trade | 16.4% |
| Transportation and warehousing, and utilities | 8.3% |
| Information | 1.0% |
| Finance and insurance, and real estate and rental and leasing | 1.4% |
| Professional, scientific, management, and administrative | 4.0% |
| Educational services, and health care and social assistance | 20.6% |
| Arts, entertainment, and recreation, and accommodation and food services | 5.4% |
| Other services, except public administration | 1.4% |
| Public administration | 1.8% |
In ZIP Code 88256, 76.1% of the population lists "English only" as the language spoken in home, while 21.7% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.0% of homes, and other Indo-European languages are spoken in 0.0% of homes. Lastly, 2.2% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Eddy County region.
| Language Spoken | Percent |
|---|---|
| English only | 76.1% |
| Spanish | 21.7% |
| Other Indo-European languages | 0.0% |
| Asian and Pacific Islander languages | 0.0% |
| Other languages | 2.2% |
Regarding the age of homes in ZIP Code 88256, an estimated 17.3% of homes were built between 1970 and 1979. Additionally, 16.6% of homes in the region were built between 1960 and 1969, while an estimated 0.0% of homes were built between 2010 and 2013 in this Eddy County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 1.1% |
| Built between 2010 and 2013 | 0.0% |
| Built between 2000 and 2009 | 8.9% |
| Built between 1990 and 1999 | 15.2% |
| Built between 1980 and 1989 | 12.1% |
| Built between 1970 and 1979 | 17.3% |
| Built between 1960 and 1969 | 16.6% |
| Built between 1950 and 1959 | 11.1% |
| Built between 1940 and 1949 | 9.9% |
| Built in 1939 or earlier | 7.7% |
Regarding consumer complaints about financial products in ZIP Code 88256, credit reporting or credit repair services have received the most complaints in 88256 in the past 12 months. received the second most complaints. The most frequent complaint overall in this Eddy County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or credit repair services | 5 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 5 |
Regarding solar power potential, ZIP Code 88256 has an average daily solar radiation level of 6.56 kWh/m2/day. This is approximately 59.22% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 0.46% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 88256 | 7.63¢/kWh | 6.64¢/kWh | 4.15¢/kWh |
| New Mexico | 14.14¢/kWh | 10.5¢/kWh | 5.65¢/kWh |
| United States | 16.1¢/kWh | 12.81¢/kWh | 7.81¢/kWh |
| Month | ZIP Code 88256 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 6.25 | 1.9 | 5.84 |
| Feb | 6.73 | 3 | 6.31 |
| Mar | 7.08 | 3.65 | 7.02 |
| Apr | 7.24 | 5.13 | 7.3 |
| May | 6.72 | 5.17 | 7.13 |
| Jun | 6.45 | 5.72 | 6.95 |
| Jul | 6.44 | 6.22 | 6.51 |
| Aug | 6.57 | 6.08 | 6.65 |
| Sep | 6.66 | 5.15 | 7.02 |
| Oct | 6.72 | 3.32 | 6.92 |
| Nov | 6.28 | 2.33 | 5.99 |
| Dec | 5.61 | 1.78 | 5.46 |