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Elida town, NM
ZIP 88116 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in Elida town, NM (88116)
Median Income
$51,414
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+12
Wealth inflow
Population
394
Unemployment
2.2%
1.5pp below US avg
IRS migration statistics show a net inflow of about 12 for ZIP 88116 (Elida town, 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 88116 (2020–Present)
Since 2020, population grew 6.5%, median income fell 3.0% (inflation-adjusted), home values decreased 53.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $51,414 |
| Unemployment | 2.2% |
| Establishments | 10 |
| Employees | 29 |