88116 Map

88116 Income Statistics

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Comparison to Surrounding Areas

88116 Median Household Income

The median household income ($56,250) for 88116 is less than the median household income for 88201 ($61,464). But it's more than 88134 ($-1), 88125 ($-1), 88126 ($-1), 88130 ($52,795), 88114 ($-1), 88118 ($52,778), 88119 ($32,188), 88124 ($54,375), Roosevelt County ($52,644), Chaves County ($49,673), and Elida town ($47,917).

88116$56,250
Elida town$47,917
Chaves County$49,673
Roosevelt County$52,644

88116 Average Household Income

The average household income ($95,931) for 88116 is less than the average household income for 88114 ($168,400) and Elida town ($104,569). But it's more than 88201 ($86,803), 88130 ($67,474), 88134 ($-1), 88118 ($62,034), 88119 ($54,235), 88124 ($83,374), 88125 ($87,042), 88126 ($62,717), Roosevelt County ($67,904), and Chaves County ($70,101).

88116$95,931
Elida town$104,569
Chaves County$70,101
Roosevelt County$67,904

88116 Per-Capita Income

The per-capita income for 88116 is $38,651. The per capita income ($38,651) for 88116 is less than the per capita income for 88114 ($73,195), 88126 ($43,430), and Elida town ($52,535). But it's more than 88201 ($33,309), 88130 ($24,720), 88134 ($27,572), 88118 ($34,870), 88119 ($26,937), 88124 ($36,042), 88125 ($21,962), Roosevelt County ($24,954), and Chaves County ($26,568).

88116$38,651
Elida town$52,535
Chaves County$26,568
Roosevelt County$24,954

88116 High Income Households

3.4% of households make over $200,000 a year. The percent high income households (3.4%) for 88116 is more than 88201 (8.3%), 88126 (0.0%), 88130 (1.7%), 88134 (0.0%), 88114 (51.7%), 88118 (0.0%), 88119 (0.7%), 88124 (13.4%), 88125 (21.1%), Roosevelt County (1.8%), Chaves County (4.4%), and Elida town (5.7%).

881163.4%
Elida town5.7%
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$65,500$82,917$41,250
Elida town$-1$49,306$101,250$30,521
Chaves County$39,583$57,484$55,439$39,993
Roosevelt County$31,088$54,609$64,646$47,647

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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 2022 5-year estimates. You can find this information and other demographics for 88116 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 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+/-$19,213+/-$45,493+/-$19,621+/-4.4%+/-$-1+/-$40,535+/-$52,490+/-$31,306
Elida town+/-$26,204+/-$75,755+/-$40,716+/-7.2%+/-$-1+/-$23,824+/-$26,489+/-$14,278
Chaves County+/-$2,393+/-$3,656+/-$1,268+/-0.9%+/-$10,379+/-$7,214+/-$8,092+/-$5,056
Roosevelt County+/-$6,336+/-$5,806+/-$1,709+/-0.9%+/-$27,569+/-$13,470+/-$6,542+/-$10,317