🇺🇸 United States ZIP Code

STANDARD

88023

Bayard

ZIP Code 88023 is a standard zip code serving Bayard, Bayard, New Mexico (NM), in Grant County, United States. It has an estimated population of 2,406 with a median household income of $30,118. The area falls within the America/Denver timezone.

Median Household Income vs. National Average

Location

Country: 🇺🇸 United States
State / Province: New Mexico (NM)
County: Grant
City: Bayard
Timezone: America/Denver

Coordinates

Latitude: 32.761700
Longitude: -108.130600

Geographic Details

Land Area: 7.02 mi²
Water Area: 0.07 mi²
Population Density: 343.0 people per mi² (65th percentile)
Bounding Box: 32.798180°N, 32.706848°S, -108.086053°E, -108.158166°W

With 2,406 residents spread across 7.02 square miles, this area has a population density of 343.0 people per square mile.

Demographics

2,406

Population

45th percentile

$30,118

Median Income

5th percentile

$83,600

Median Home Value

20th percentile

7.02 mi²

Land Area

The median household income in 88023 is $30,118, and the median home value is $83,600. This is below the national average for household income.

Housing

1,119

Total Units

957

Occupied Units

85.5%

Occupancy Rate

Similar ZIP Codes in New Mexico

ZIP codes with similar median household income in New Mexico.

88317

Cloudcroft

$29,167

88435

Santa Rosa

$29,091

88021

Anthony

$28,797

87556

Questa

$28,795

87747

Springer

$34,125

87571

Taos

$31,166

87313

Crownpoint

$27,155

88203

Roswell

$34,151

Frequently Asked Questions

What information is available for each ZIP code?

Each ZIP code page shows city, state, county, geographic coordinates, timezone, population, median household income, median home value, housing units, land area, population density, commute time, educational attainment, area codes, and ZIP code type (Standard, PO Box, or Unique).

What are the different types of ZIP codes?

There are three types of ZIP codes: Standard (residential and commercial delivery areas), PO Box (assigned to post office box sections), and Unique (assigned to a single high-volume address like a government agency or large company). Standard ZIP codes are the most common.

How often is ZIP code data updated?

ZIP code assignments are updated quarterly by the USPS. Demographic data comes from the US Census Bureau's American Community Survey (ACS), which releases new 5-year estimates annually. ZipFYI updates its data to reflect the latest available information.

What is population density and why does it matter?

Population density measures the number of people per square mile in a ZIP code area. It helps identify urban vs. rural areas, affects real estate values, impacts service availability, and is used in market analysis. Dense urban ZIP codes may have 50,000+ people per square mile.

How are ZIP code boundaries determined?

ZIP code boundaries are determined by the USPS based on mail delivery routes, not political or geographic boundaries. They follow carrier routes and may cross city, county, or even state lines. Boundaries can change when the USPS reorganizes delivery operations.

What does median household income tell me about a ZIP code?

Median household income is the middle value when all household incomes in a ZIP code are sorted. Half of households earn more and half earn less. It is a better indicator of typical earnings than average income, which can be skewed by very high or very low outliers.