Comparison to Surrounding Areas
The median household income ($54,239) for 88116 is less than the median household income for 88118 ($57,650), 88201 ($61,780), and Elida town ($67,917). But it's more than 88134 ($-1), 88126 ($-1), 88130 ($52,434), 88114 ($-1), 88119 ($-1), 88124 ($51,618), 88125 ($-1), Roosevelt County ($52,685), and Chaves County ($52,938).
| 88116 | $54,239 |
| Elida town | $67,917 |
| Chaves County | $52,938 |
| Roosevelt County | $52,685 |
Get Median Household Income for all Zip Codes in New Mexico.
The average household income ($109,781) for 88116 is less than the average household income for Elida town ($154,902). But it's more than 88201 ($96,708), 88130 ($65,659), 88134 ($-1), 88114 ($-1), 88118 ($59,060), 88119 ($62,562), 88124 ($85,139), 88125 ($-1), 88126 ($-1), Roosevelt County ($66,592), and Chaves County ($74,868).
| 88116 | $109,781 |
| Elida town | $154,902 |
| Chaves County | $74,868 |
| Roosevelt County | $66,592 |
Get Average Household Income for all Zip Codes in New Mexico.
The per-capita income for 88116 is $45,911. The per capita income ($45,911) for 88116 is less than the per capita income for 88114 ($73,483) and Elida town ($83,649). But it's more than 88201 ($36,777), 88130 ($25,435), 88134 ($35,151), 88118 ($32,328), 88119 ($34,177), 88124 ($35,806), 88125 ($-1), 88126 ($-1), Roosevelt County ($25,975), and Chaves County ($28,881).
| 88116 | $45,911 |
| Elida town | $83,649 |
| Chaves County | $28,881 |
| Roosevelt County | $25,975 |
Get Per-Capita Income for all Zip Codes in New Mexico.
5.1% of households make over $200,000 a year. The percent high income households (5.1%) for 88116 is less than the percent high income households for 88124 (11.1%), 88201 (8.3%), and Elida town (9.3%). But it's more than 88134 (0.0%), 88126 (0.0%), 88130 (1.8%), 88114 (0.0%), 88118 (0.0%), 88119 (1.2%), 88125 (0.0%), Roosevelt County (1.8%), and Chaves County (4.2%).
| 88116 | 5.1% |
| Elida town | 9.3% |
| Chaves County | 4.2% |
| Roosevelt County | 1.8% |
Get High Income Households for all Zip Codes in New Mexico.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 88116 | $-1 | $53,424 | $107,692 | $44,375 |
| Elida town | $-1 | $-1 | $109,423 | $-1 |
| Chaves County | $45,568 | $57,991 | $61,403 | $37,090 |
| Roosevelt County | $37,308 | $51,229 | $71,250 | $45,221 |
Get Median Household Income by Age of Householder for all Zip Codes in New Mexico.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 88116 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the income data are:
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 88116 | +/-$9,960 | +/-$73,294 | +/-$25,756 | +/-6.3% | +/-$-1 | +/-$1,590 | +/-$92,345 | +/-$43,568 |
| Elida town | +/-$62,191 | +/-$132,256 | +/-$61,563 | +/-11.5% | +/-$-1 | +/-$-1 | +/-$3,768 | +/-$-1 |
| Chaves County | +/-$2,795 | +/-$4,173 | +/-$1,619 | +/-0.9% | +/-$10,757 | +/-$6,391 | +/-$6,432 | +/-$3,698 |
| Roosevelt County | +/-$5,040 | +/-$5,420 | +/-$1,719 | +/-1.0% | +/-$27,939 | +/-$5,838 | +/-$18,689 | +/-$11,631 |