New Mexico
Eddy County
ZIP 88263
61,114 residents329 permits TTM$79,605 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$199,400
ACS 5-Year
Cap rate proxy
7.1%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.8%
HUD FMR ÷ ACS HHI
Net migration
+0.74%
IRS SOI
Permits (TTM)
329
Census BPS
Climate risk
83.7
FEMA NRI (0–100)
ZIP 88263
Median home value
—
Gross yield
—
Cap rate
7.1%
Rent gap
—
Affordability
P/I: 2.5R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown7 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 88254 | — | — | — | 7.1% | — |
| 88255 | — | — | — | 7.1% | — |
| 88256 | — | — | — | 7.1% | — |
| 88263 | — | — | — | 7.1% | — |
| 88268 | — | — | — | 7.1% | — |
Ranked by composite score
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Demographics
Owner-occupied
74.7%
Census ACS
Vacancy rate
12.7%
Census ACS
Bachelor's degree +
19.8%
Census ACS
Rent burdened
22.2%
Census ACS (>30% income)
Median age
35.9
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026
