What to know about ZIP 88031
ZIP code 88031 covers ZIP 88031 with a population of about 4,467.
At a glance, the area shows median age of 43.2 versus a U.S. median of about 38.9.
It sits in the ALBUQUERQUE - SANTA FE media market.
,
ZIP Code 88031 — undefined, undefined Demographics & Data
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Low Income Area
At a glance
Population
4,467
Density
N/A
Median income
$34,436
-54% vs US avg
Home value
$106,300
-69% vs US avg
Median rent
$491
-58% vs US avg
Timezone
N/A
Overview of ZIP Code 88031
Income and economy in ZIP 88031
Median household income in ZIP 88031 is about $34,436 — about 54% below the U.S. median ($75,149).
On socioeconomic markers, US5 shows a poverty rate of 32.2%; unemployment rate near 7.5%; 11.2% of adults with a bachelor’s degree or higher (about 22.5 points below the national share (33.7%)).
Labor and commute patterns include leading industry context around Food services, Construction, and Agriculture; about 5.8% of workers reporting work-from-home (about 9.4 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).
Housing and affordability in ZIP 88031
Median home value is about $106,300 — about 69% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $491 (about 58% below the U.S. median rent ($1,163)), and owner-occupancy near 74.2% (about 8.8 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 88031, a household would need roughly $29,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $683. That sits below the local median household income ($34,436), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.