New Mexico

Sierra County

ZIP 88042

11,511 residents$37,840 median HHI9 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$144,800

ACS 5-Year

Cap rate proxy

5.8%

FMR × 0.65 ÷ Home Value

Rent-to-income

22.0%

HUD FMR ÷ ACS HHI

Net migration

+0.72%

IRS SOI

Permits (TTM)

Census BPS

Climate risk

55.8

FEMA NRI (0–100)

ZIP 88042

Median home value

$144,800

Gross yield

8.3%

Cap rate

5.8%

Rent gap

30.8%

Affordability

P/I: 5.7R/I:

Section 8 detail

SAFMR: $1,004Rent: $695Gap: 44.5%
ZIP code breakdown9 ZIP codes

Numbers repeat across most ZIPs in this county

ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.

ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
87901$159,355$1,0047.6%5.2%30.8%
87930$144,800county est.$1,0048.3%5.8%30.8%
87931$144,800county est.$1,0048.3%5.8%30.8%
87933$144,800county est.$1,0048.3%5.8%30.8%
87935$144,800county est.$1,0048.3%5.8%30.8%

Ranked by composite score

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Demographics

Owner-occupied

70.2%

Census ACS

Vacancy rate

33.4%

Census ACS

Bachelor's degree +

16.3%

Census ACS

Rent burdened

38.6%

Census ACS (>30% income)

Median age

57.3

Census ACS

Data sources
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