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Bayard city, NM
ZIP 88023 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Low Income AreaLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Bayard city, NM (88023)
Median Income
$33,269
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+75
Wealth inflow
Population
2,370
Unemployment
9.5%
5.8pp above US avg
IRS migration statistics show a net inflow of about 75 for ZIP 88023 (Bayard city, NM) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 88023 (2020–Present)
Since 2020, population declined 2.9%, median income fell 45.2% (inflation-adjusted), home values increased 14.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $33,269 |
| Unemployment | 9.5% |
| Establishments | 21 |
| Employees | 171 |