88042 Zip Code (Hillsboro, NM) Detailed Profile

Estimated zip code population in 2022: 327
Zip code population in 2010: 250
Zip code population in 2000: 330

Houses and condos: 222
Renter-occupied apartments: 41
March 2022 cost of living index in zip code 88042: 94.8 (less than average, U.S. average is 100)

Land area: 542.1 sq. mi.
Water area: 0.1 sq. mi.

Population density: 0.603 people per square mile

(very low).

Real estate property taxes paid for housing units in 2022:
Median real estate property taxes paid for housing units with no mortgage in 2022: $918 (0.6%)

For population 25 years and over in 88042:

• High school or higher: 77.6%
• Bachelor's degree or higher: 31.0%
• Graduate or professional degree: 18.5%

For population 15 years and over in 88042:

• Never married: 25.1%
• Now married: 50.8%
• Separated: 0.0%
• Widowed: 0.0%
• Divorced: 24.1%

• 
• • 28386.5%White
  • 4413.5%Two or more races

100% rural population.

Averages for the 2020 tax year for zip code 88042, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $62,525 (Individual Income Tax Returns)

Here:	$62,525
State:	$59,146

Salary/wage: $23,375 (reported on 33.3% of returns)

Here:	$23,375
State:	$48,327

(% of AGI for various income ranges: 3116.7% for AGIs $25k-50k)

Taxable interest for individuals: $780 (reported on 41.7% of returns)

This zip code:	$780
New Mexico:	$1,616

(% of AGI for various income ranges: 95.0% for AGIs below $25k)

Ordinary dividends: $4,275 (reported on 33.3% of returns)

Here:	$4,275
State:	$7,816

(% of AGI for various income ranges: 570.0% for AGIs $25k-50k)

Net capital gain/loss in AGI: +$17,967 (reported on 25.0% of returns)

Here:	+$17,967
State:	+$19,595

(% of AGI for various income ranges: )

Profit/loss from business: +$2,100 (reported on 25.0% of returns)

Here:	+$2,100
State:	+$11,430

(% of AGI for various income ranges: 315.0% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2020 taxes: 83.3%

Here:	83%
State:	92%

(% for various income ranges: 80.0% for AGIs below $25k, 133.3% for AGIs $25k-50k, 0.0% for AGIs $50k-75k, 100.0% for AGIs $100k-200k)

Averages for the 2012 tax year for zip code 88042, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $49,445 (Individual Income Tax Returns)

Here:	$49,445
State:	$50,343

Salary/wage: $26,760 (reported on 45.5% of returns)

Here:	$26,760
State:	$41,171

Taxable interest for individuals: $517 (reported on 54.5% of returns)

This zip code:	$517
New Mexico:	$1,677

Ordinary dividends: $2,400 (reported on 36.4% of returns)

Here:	$2,400
State:	$6,939

Net capital gain/loss in AGI: +$4,067 (reported on 27.3% of returns)

Here:	+$4,067
State:	+$14,311

Profit/loss from business: +$1,867 (reported on 27.3% of returns)

Here:	+$1,867
State:	+$11,059

Taxable individual retirement arrangement distribution: $11,150 (reported on 18.2% of returns)

88042:	$11,150
New Mexico:	$15,706

Total itemized deductions: $20,667 (21% of AGI, reported on 27.3% of returns)

Here:	$20,667
State:	$21,709

Here:	21.5% of AGI
State:	19.8% of AGI

Charity contributions: $2,450 (reported on 18.2% of returns)

Here:	$2,450
State:	$4,195

Taxes paid: $5,567 (reported on 27.3% of returns)

88042:	$5,567
State:	$6,176

Percentage of individuals using paid preparers for their 2012 taxes: 54.5%

Here:	55%
State:	50%

Averages for the 2004 tax year for zip code 88042, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $21,898 (Individual Income Tax Returns)

Here:	$21,898
State:	$39,572

Salary/wage: $17,100 (reported on 42.4% of returns)

Here:	$17,100
State:	$34,237

Taxable interest for individuals: $692 (reported on 44.1% of returns)

This zip code:	$692
New Mexico:	$1,873

Taxable dividends: $458 (reported on 20.3% of returns)

Here:	$458
State:	$3,554

Profit/loss from business: +$1,703 (reported on 31.4% of returns)

Here:	+$1,703
State:	+$8,875

Total itemized deductions: $11,300 (61% of AGI, reported on 8.5% of returns)

Here:	$11,300
State:	$18,103

Here:	61.1% of AGI
State:	21.5% of AGI

Total tax: $2,590 (reported on 66.1% of returns)

88042:	$2,590
State:	$6,237

(% of AGI for various income ranges: 6.0% for AGIs below $10k, 6.2% for AGIs $10k-25k, 7.6% for AGIs $25k-50k, 9.1% for AGIs $50k-75k)

Earned income credit: $1,087 (reported on 19.5% of returns)

Here:	$1,087
State:	$1,796

Percentage of individuals using paid preparers for their 2004 taxes: 55.9%

Here:	56%
State:	57%

Nearest zip codes: 87930, 87931, 87933, 87936, 88041, 87942.
Hillsboro Zip Code Map

No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 30
Household did not receive Food Stamps/SNAP in the past 12 months: 186

Housing units in zip code 88042 with a mortgage: 19
Residents with income below the poverty level in 2022:
Residents with income below 50% of the poverty level in 2022:

• Zip code 88042 household income distribution in 2022

• 59Less than $10,000
• 21$10,000 to $14,999
• 65$15,000 to $19,999
• 29$20,000 to $24,999
• 3$50,000 to $59,999
• 15$75,000 to $99,999
• 22$200,000 or more

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 88042

• 50$100,000 to $124,999
• 19$150,000 to $174,999
• 45$200,000 to $249,999
• 49$300,000 to $399,999
• 17$500,000 to $749,999

Estimated median house (or condo) value in 2022 for:

• White Non-Hispanic householders: $397,829

Estimated median house or condo value in 2022: $240,061 Lower value quartile - upper value quartile: $135,687 - $361,252

Mean price in 2022:

Detached houses: $237,544

Here:	$237,544
State:	$322,045

Housing units in structures:

• One, detached: 170
• 3 or 4: 42
• 10 to 19: 11

• Means of transportation to work in zip code 88042

• 56.9%29Walked
• 56.9%29Worked at home

• Travel time to work (commute) in zip code 88042

• 22Less than 5 minutes
• 45 to 9 minutes

Percentage of zip code residents living and working in this county: 102.0%

Household type by relationship:

Households: 327

• Male householders: 141 (73 living alone), Female householders: 77 (38 living alone)

• 85 spouses (85 opposite-sex spouses), 0 unmarried partners, (0 opposite-sex unmarried partners), 0 children (0 natural, 0 adopted, 0 stepchildren), 0 grandchildren, 0 brothers or sisters, 0 parents, 0 foster children, 0 other relatives, 29 non-relatives

Size of family households: 86 2-persons

Size of nonfamily households: 111 1-person, 25 2-persons

92.7% of residents of 88042 zip code speak English at home.
13.4% of residents speak Asian or Pacific Island language at home (100% very well).

Facilities with environmental interests located in this zip code:

• COPPER FLAT MINE (5 MI NE OF HILLSBORO in HILLSBORO, NM)

  AIR MAJOR (AIRS/AFS)
  CRITERIA AND HAZARDOUS AIR POLLUTANT INVENTORY (Inventory of air pollution sources)
  Business SIC classification: COPPER ORES
  Alternative names: ALTA GOLD CO/COPPER FLAT MINE______365M2

Housing units lacking complete plumbing facilities: 1.5%
Housing units lacking complete kitchen facilities: 1.3%

Population in 1990: 305. Population change in the 1990s: +25 (+8.2%).

Place of birth for U.S.-born residents:

• This state: 77
• Northeast: 13
• Midwest: 122
• South: 20
• West: 55

71% of the 88042 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 38% lived in this county.
   Out of people who lived in different counties, 50% lived in New Mexico.

93% of the 88042 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 12% moved from this county.
   Out of people who lived in different houses, 100% moved from different state.

Top industries in this zip code by the number of employees in 2005:

• Accommodation and Food Services: Recreational and Vacation Camps (except Campgrounds) (5-9 employees: 1 establishment)
• Accommodation and Food Services: Full-Service Restaurants (1-4: 1)
• Real Estate and Rental and Leasing: Lessors of Residential Buildings and Dwellings (1-4: 1)

Most common first names in zip code 88042 among deceased individuals
Name	Count	Lived (average)
George	6	76.8 years
Donald	4	61.7 years
John	4	83.5 years
James	3	69.4 years
Robert	3	69.0 years
Arthur	2	67.5 years
Dorothy	2	76.5 years
David	2	57.0 years
Margaret	2	77.0 years
Paul	2	71.0 years

Most common last names in zip code 88042 among deceased individuals
Last name	Count	Lived (average)
Lindsey	2	86.5 years
Franklin	2	91.0 years
Bedford	2	79.5 years
Hale	2	65.5 years
Bell	2	73.5 years
Hamilton	2	73.0 years
Cunningham	2	76.5 years
Decoster	2	79.0 years
Burke	2	79.5 years
Laney	2	77.5 years