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Hillsboro CDP, NM

ZIP 88042 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Low Income AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 88042

Median Home Value
$193,300
Median Rent
N/A
Affordability Snapshot
$53,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,242/mo PITI).

12.6x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

To comfortably buy a median-priced home in ZIP 88042 in Hillsboro CDP, NM, a household would need roughly $53,000 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 $1,242. That is about 244% above the local median household income ($15,385), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 28% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
82.2%+26% vs US avg
x
Vacancy Rate
27.9%+171% vs US avg
x
Broadband Access
68.3%-22% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
16.0%+25% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
0.0%
x
Mortgage-Free
75.7%+98% vs US avg
x
$193,300
Home Value
N/A
Rent
1977
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached71.8%
  • 1-unit attached0.0%
  • 2-9 units12.9%
  • 10+ units3.1%
  • Mobile home & other12.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$193,300
Median rent$-666,666,666
Owner-occupied82.2%
Vacant27.9%
Price-to-income12.6x
Est. income to buy$53,000