Zip Code

88008

City

Santa Teresa, NM

Population & Migration

What is the forecasted population for Zip code 88008 Santa Teresa, NM?

Population census 2020
10,734
Forecasted population 2025
12,004
11.8% vs. 2020
Forecasted population 2030
12,058
12.3% vs. 2020

Zip code 88008 Santa Teresa, NM population is forecasted to grow 11.8% by 2025 (7.1 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 12,004 people for 2025 zip code 88008 Santa Teresa, NM will generate a good demand for housing, which is expected to have a deficit of 498 houses for 2030. Vacancy rate is 5.8 points below national US average.

Total homes available 2020
4,044
Estimated total home demand in 2030
4,542
Total homes balance inventory
498

Average Household Income in zip code 88008 Santa Teresa, NM
from Internal Revenue Service

Average household income in 2021
$74,660

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 88008 Santa Teresa, NM?

County total number of drinking water violations

495

+113%

232

County total number of drinking water contaminations

40

+82%

22

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