HousingHandbookReference data

U.S. ZIP Code · NM88101

Curry County

Typical home value

$161,237[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.2%
5-year / yr
+1.6%
10-year / yr
+1.8%

Relative price

vs U.S.
-43.2%
vs metro
vs state
-42.3%
ZIP 88101 location in NM
Location of ZIP 88101 in NM

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 88101 is worth $161,237. Over the past year, values have fallen 0.2%. Homes here rent for a typical $1,191 a month — a 8.9% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,191[2]
Gross yield
8.9%[2]
Cap rate
5.3%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$1,067[3]

#Climate risk

FEMA National Risk Index ratings for Curry County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Relatively Moderate
Drought
Relatively High
Heat wave
Relatively Low
Hurricane
No Rating
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively High

#Who lives here

Population
44,846[3]
Median household income
$56,587[3]

#Migration

Household moves in and out of Curry County over a year, from IRS tax-return data.

Net migration
+21[5]
Moved in
1,977
Moved out
1,956

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
18
Elementary
11
Middle
3
High
1
  • CLOVIS HIGH

    High · Grades 9–12 · CLOVIS

    1,514 students

  • W D GATTIS MIDDLE SCHOOL

    Middle · Grades 7–8 · CLOVIS

    556 students

  • CLOVIS HS FRESHMAN ACADEMY

    Secondary · Grades 9 · CLOVIS

    533 students

  • MARSHALL 6TH GRADE ACADEMY

    Middle · Grades 6 · CLOVIS

    517 students

  • YUCCA MIDDLE

    Middle · Grades 7–8 · CLOVIS

    455 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield8.9%
Net yield (after ~40% expenses)5.3%
Annual rent$14,287

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$815
Loan principal$128,989
Down payment$32,247
Total interest paid$164,519

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio0.87
Monthly cost to own$1,038
Monthly rent$1,191

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 88101?
The typical home in 88101 is worth $161,237, based on the Zillow Home Value Index.
Are home values rising in 88101?
Home values in 88101 are down 0.2% over the past year, and up 1.6% a year over five years.
What is the typical rent in 88101?
A typical home in 88101 rents for about $1,191 a month, a gross rental yield of 8.9%.
What is the property tax rate in 88101?
The effective property tax rate in 88101 is 0.7% — roughly $1,067 a year on a typical home.
Who lives in 88101?
ZIP code 88101 has a population of 44,846 and a median household income of $56,587.

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