ZIP comparison · Las Cruces, NM
88007 vs 88008
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.
| Metric | ZIP88007Las Cruces, NM | ZIP88008Santa Teresa CDP, NM |
|---|---|---|
| Home value | ||
| Typical home value | Better: $326,758 | $314,316 |
| 1-year appreciation | Better: +0.5% | -0.1% |
| 5-year CAGR | +5.6% | Better: +5.8% |
| 10-year CAGR | Better: +5.1% | +4.7% |
| Rent & investment | ||
| Monthly rent | — | $1,643 |
| Gross yield | — | 6.3% |
| Cap rate | — | 3.8% |
| Property tax | ||
| Effective tax rate | Better: 0.6% | 0.9% |
| Typical annual tax | Better: $1,934 | $2,844 |
| Demographics | ||
| Population | 26,254 | 12,623 |
| Median household income | $64,892 | Better: $73,848 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | +104 | +104 |
| Schools | ||
| Public schools | 5 | 3 |
| Students enrolled | 3,004 | 2,266 |