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ZIP Code 88242

Lea, New Mexico

FIPS 88242

Juniper

ZIP Code 88242 is in the top 7% nationally for appreciation 1yr %, but in the bottom 17% nationally for FEMA risk score. It also sits in the 83th percentile nationally for median rent. And it sits in the 63th percentile nationally for median home value.

Median Home Value

$260,200

Higher than 63% of U.S. ZIP codes

HPI Growth 5yr %

38%

Higher than 60% of U.S. ZIP codes

FEMA Risk Score

88.7

Higher than 83% of U.S. ZIP codes

The basics

Total Population

8,472

Median Age

32.5

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$260,200

Higher than 63%

Median Property Tax

$1,323

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

2.89

Near median

Median Rent

$1,534

Higher than 83%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

38%

Higher than 60%

Appreciation 1yr %

8.9%

Higher than 93%

Pandemic Gain %

31%

Recession Drop %

4.9%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

93.2

Winter Avg Low (°F)

31

Avg Temperature (°F)

62.2

Hot Days/yr (>90°F)

103.8

Freezing Days/yr (<32°F)

71.6

Annual Precipitation (in)

13.8

Annual Snowfall (in)

1.8

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

88.7

Higher than 83%

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 88242: frequently asked questions

What is the median home value in ZIP Code 88242?
The median home value in ZIP Code 88242 is $260,200, higher than 63% of U.S. ZIP codes.
How much is property tax in ZIP Code 88242?
The median annual property tax in ZIP Code 88242 is $1,323, an effective rate of 1% of home value.
Is ZIP Code 88242 expensive to live in?
Homes in ZIP Code 88242 cost about 2.89× the median household income, near the U.S. ZIP codes median.
What is the average rent in ZIP Code 88242?
The median gross rent in ZIP Code 88242 is $1,534 a month, higher than 83% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 88242?
Home prices in ZIP Code 88242 have moved 38% over the past five years (8.9% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 88242?
ZIP Code 88242 averages 62.2°F year-round, summer highs near 93.2°F, winter lows around 31°F (NOAA 1991–2020 normals). It sees about 1.8 inches of snow a year.
Is ZIP Code 88242 at risk of flooding or natural disasters?
ZIP Code 88242's FEMA National Risk Index score is 88.7 (higher than 83% of U.S. ZIP codes). Its greatest modeled natural hazard is wildfire.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →