88116 Map

88116 Income Statistics

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Comparison to Surrounding Areas

88116 Median Household Income

The median household income ($51,414) for 88116 is less than the median household income for 88201 ($62,752), 88118 ($55,000), 88124 ($51,696), 88130 ($52,420), 88114 ($119,000), Roosevelt County ($52,445), Chaves County ($52,029), and Elida town ($51,818). But it's more than 88119 ($37,361), 88125 ($-1), 88126 ($-1), and 88134 ($-1).

88116$51,414
Elida town$51,818
Chaves County$52,029
Roosevelt County$52,445

88116 Average Household Income

The average household income ($93,212) for 88116 is less than the average household income for 88114 ($117,250) and Elida town ($124,362). But it's more than 88201 ($92,117), 88130 ($68,994), 88134 ($-1), 88118 ($60,276), 88119 ($56,488), 88124 ($84,830), 88125 ($-1), 88126 ($55,463), Roosevelt County ($69,451), and Chaves County ($73,075).

88116$93,212
Elida town$124,362
Chaves County$73,075
Roosevelt County$69,451

88116 Per-Capita Income

The per-capita income for 88116 is $41,315. The per capita income ($41,315) for 88116 is less than the per capita income for 88114 ($46,900) and Elida town ($75,758). But it's more than 88201 ($36,009), 88130 ($25,788), 88134 ($35,818), 88118 ($33,812), 88119 ($28,718), 88124 ($37,661), 88125 ($-1), 88126 ($40,336), Roosevelt County ($26,105), and Chaves County ($28,273).

88116$41,315
Elida town$75,758
Chaves County$28,273
Roosevelt County$26,105

88116 High Income Households

3.5% of households make over $200,000 a year. The percent high income households (3.5%) for 88116 is less than the percent high income households for 88124 (14.7%), 88201 (8.2%), Chaves County (4.4%), and Elida town (6.7%). But it's more than 88134 (0.0%), 88114 (0.0%), 88118 (0.0%), 88119 (0.3%), 88125 (0.0%), 88126 (0.0%), 88130 (1.8%), and Roosevelt County (1.8%).

881163.5%
Elida town6.7%
Chaves County4.4%
Roosevelt County1.8%

88116 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
88116$-1$51,385$67,292$32,083
Elida town$-1$-1$105,972$30,417
Chaves County$45,775$60,203$57,557$41,815
Roosevelt County$-1$52,197$65,827$49,762

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2023 5-year estimates. You can find this information and other demographics for 88116 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above 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+/-$4,556+/-$54,902+/-$25,378+/-4.9%+/-$-1+/-$497+/-$56,535+/-$26,776
Elida town+/-$20,753+/-$105,551+/-$60,875+/-9.2%+/-$-1+/-$-1+/-$34,548+/-$30,262
Chaves County+/-$2,646+/-$4,348+/-$1,546+/-0.9%+/-$8,922+/-$6,692+/-$6,436+/-$3,784
Roosevelt County+/-$7,849+/-$6,577+/-$2,053+/-0.9%+/-$-1+/-$12,024+/-$12,829+/-$10,123