New Mexico
Grant County
ZIP 88028
27,856 residents$45,921 median HHI15 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$164,400
ACS 5-Year
Cap rate proxy
5.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
21.2%
HUD FMR ÷ ACS HHI
Net migration
+0.67%
IRS SOI
Permits (TTM)
—
Census BPS
Climate risk
74.1
FEMA NRI (0–100)
ZIP 88028
Median home value
—
Gross yield
—
Buy Box score
—
Section 8 gap
—
Affordability
P/I: 5.6R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown15 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 88043 | — | — | — | 0.4 | — |
| 88023 | — | — | — | 0.4 | — |
| 88061 | — | — | — | 0.1 | — |
| 88022 | — | — | — | — | — |
| 88025 | — | — | — | — | — |
| 88026 | — | — | — | — | — |
| 88028 | — | — | — | — | — |
| 88034 | — | — | — | — | — |
| 88038 | — | — | — | — | — |
| 88041 | — | — | — | — | — |
| 88049 | — | — | — | — | — |
| 88051 | — | — | — | — | — |
| 88053 | — | — | — | — | — |
| 88055 | — | — | — | — | — |
| 88065 | — | — | — | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
73.2%
Census ACS
Vacancy rate
24.5%
Census ACS
Bachelor's degree +
28.8%
Census ACS
Rent burdened
44.2%
Census ACS (>30% income)
Median age
49.0
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