ZIP 88220 · Carlsbad, New Mexico

2026 Edition · 8 cards · data as of Oct 30, 2026

ALMANAC
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  1. Population

    39,828 people call ZIP 88220 home.

    39,828

    people.

    Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

  2. Rent

    Median rent is up 67% since the 2010–2014 survey, before inflation.

    $1,241

    a month. New Mexico's median is $1,067.

    Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

  3. Room to build

    Local wages can carry more rent than the median charged today.

    $1,243–$1,864

    is the monthly rent range local workforce wages support.

    • $1,241 median

    Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

  4. Building

    Most of the housing here is older than 2000.

    • 76% of all homes were built before 2000

    Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

  5. Units needed

    Closing the gap would add 0.2–1.1% to the 17,871 homes here.

    43–201

    is the estimated number of missing housing units, from the lowest to the highest of three estimates.

    Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

  6. Home value

    A median home costs 17% less than New Mexico's.

    $206,900

    median home value in ZIP 88220.

    • $206,900 ZIP 88220
    • $248,100 New Mexico
    • $332,700 U.S.

    Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

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