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Melrose village, NM
ZIP 88124 — 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 Melrose village, NM (88124)
Median Income
$51,696
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+29
Wealth inflow
Population
907
Unemployment
6.6%
2.9pp above US avg
IRS migration statistics show a net inflow of about 29 for ZIP 88124 (Melrose village, 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 88124 (2020–Present)
Since 2020, population declined 16.2%, median income fell 14.5% (inflation-adjusted), home values decreased 19.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $51,696 |
| Unemployment | 6.6% |
| Establishments | 12 |
| Employees | 67 |