ZIP Code 88346 — Ruidoso Downs, NM
IRS Income Data, Tax Year 2022
$38,584
Average AGI
#26,950
National Rank
#184
NM State Rank
1,390
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 88346.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 630 | $7,747,000 | $12,296 | 45.3% |
| $25,000 - $50,000 | 430 | $15,216,000 | $35,386 | 30.9% |
| $50,000 - $75,000 | 170 | $10,613,000 | $62,429 | 12.2% |
| $75,000 - $100,000 | 80 | $6,948,000 | $86,850 | 5.8% |
| $100,000 - $200,000 | 80 | $13,109,000 | $163,862 | 5.8% |
| $200,000 or more | 0 | $0 | $0 | 0.0% |
| Total | 1,390 | $53,633,000 | $38,584 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Las Cruces, NM | 98 mi | $60,125 | 56,460 |
| El Paso, TX | 116 mi | $56,636 | 303,970 |
| Albuquerque, NM | 132 mi | $71,705 | 276,890 |
| Lubbock, TX | 215 mi | $77,152 | 120,480 |
| Odessa, TX | 215 mi | $72,784 | 72,480 |
| Midland, TX | 226 mi | $140,083 | 73,100 |
Similar ZIP Codes in New Mexico
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 88350 | Timberon | $38,587 | #26,948 |
| 87062 | Veguita | $38,798 | #26,922 |
| 87752 | Wagon Mound | $38,258 | #26,986 |
| 87312 | Continental Divi | $38,919 | #26,911 |
| 87901 | Truth Or Consequ | $38,994 | #26,907 |
| 88336 | Hondo | $39,053 | #26,898 |
| 87053 | Zia Pueblo | $37,958 | #27,020 |
| 87001 | Algodones | $37,916 | #27,026 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 88312 | Alto, NM | 3.0 mi | $109,765 | #3,634 |
| 88345 | Ruidoso, NM | 9.2 mi | $64,272 | #16,108 |
| 88316 | Capitan, NM | 10.3 mi | $50,736 | #23,890 |
| 88340 | Mescalero, NM | 17.3 mi | $34,007 | #27,351 |
| 88352 | Tularosa, NM | 23.3 mi | $46,485 | #25,479 |
| 88301 | Carrizozo, NM | 24.8 mi | $44,803 | #25,926 |
| 88339 | Mayhill, NM | 25.1 mi | $82,116 | #8,155 |
| 88336 | Hondo, NM | 26.7 mi | $39,053 | #26,898 |
About This Data
Income data is based on IRS Statistics of Income (SOI) ZIP code data for Tax Year 2022. AGI (Adjusted Gross Income) represents gross income minus certain deductions. Rankings are calculated across 210 ZIP codes in New Mexico and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.