ZIP comparison · Las Cruces, NM

87940 vs 88005

Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.

MetricZIP87940Rincon CDP, NMZIP88005Las Cruces, NM
Home value
Typical home value$261,018Better: $276,227
1-year appreciation-3.5%Better: +0.1%
5-year CAGR+4.6%Better: +6.8%
10-year CAGR+5.8%Better: +5.8%
Rent & investment
Monthly rent$1,173
Gross yield5.1%
Cap rate3.1%
Property tax
Effective tax rate0.6%
Typical annual tax$1,669
Demographics
Population39327,509
Median household incomeBetter: $56,750$54,452
Climate & migration
Overall risk (FEMA NRI)Relatively HighRelatively High
Net migration+104+104
Schools
Public schools12
Students enrolled3,787