| ZIP Code | 88116 |
|---|---|
| City | Elida |
| State | New Mexico (NM) |
| County | Roosevelt County |
| Area Code | 575 |
| Elevation | 4,377 ft |
| Latitude | 33.894862 |
|---|---|
| Longitude | -103.819006 |
| Timezone | Denver (DST) |
| FIPS | 35041 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.0 yrs ↑ 14% since 2019 |
|---|---|
| Avg Household Size | 2.30 |
| Below Poverty | 12.7% ▲ 27% above avg |
| College Grads | 32.6% ▼ 16% below avg |
| Unemployment | 2.2% ▼ 56% below avg |
| No HS Diploma | 3 (1.1%) |
| HS Graduate | 70 (25.6%) |
| Some College | 66 (24.2%) |
| Associates | 45 (16.5%) |
| Bachelors | 14 (5.1%) |
| Graduate Degree | 75 (27.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $51,414 ▼ 33% below avg ↑ 3% since 2019 |
|---|---|
| Median Home Value | $55,600 ▼ 80% below avg ↓ 52% since 2019 |
| Home/Income Ratio | 1.1x (nat avg ~3.5x) |
| Total Units | 244 |
| Vacant Units | 73 |
| Avg HH Size | 2.30 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 244 |
|---|---|
| Vacant | 73 |
| Owner Occupied | 74.9% |
| Renter Occupied | 25.2% |
| Avg HH Size | 2.30 |
ZIP code 88116 is located in Elida, New Mexico, within Roosevelt County. With a population of 394, this is a sparsely populated ZIP code with a mature community — the median age is 50 years. Economically, 88116 is a working-class ZIP code: the median household income of $51,414 is below the national average.
Real estate in ZIP code 88116 represents one of the more affordable housing markets in the country. The median home value of $55,600 is well below the national average. Homeownership is strong here — 74.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have decreased by 52% since 2019.
The population of 88116 is primarily White (78.17%). Residents are moderately educated — 32.6% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 12.7%. Household income has grown by 3% since 2019.
The unemployment rate in 88116 stands at 2.2%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 85%.
Overall, ZIP code 88116 in Elida, NM is characterized as working-class, moderately educated, a mature community, and predominantly owner-occupied. With 394 residents, a median household income of $51,414, and a median home value of $55,600, it offers a clear picture of life in this part of New Mexico.