Living in Elida, New Mexico
Cost of living, income, home prices, rent and demographics of Elida · Census data 2020–2024
Elida has 165 residents with a median age of 56.8. The median household income is $67,917 (6% higher than the New Mexico median), the median home value is $49,500.
Elida is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elida at a glance
- Population
- 165
- Median age
- 56.8State: 39.4
- Median household income
- $67,917State: $64,059
- Median home value
- $49,500State: $248,100
- Homeowners
- 93.8%
- Bachelor's degree or higher
- 17.3%
Is Elida a good place to live?
Pros: Median household income 6% higher than the New Mexico median; home values 80% lower than the state median; a poverty rate of 12.7%.
The weather is best in April–May and September–October.
Cost of living in Elida
Housing is the biggest part of the cost of living. In Elida the median home value is $49,500, 85% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,089 a month in housing costs.
Elida median household income
The median household income in Elida is $67,917 and the income per person is $83,649. 12.7% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Elida: homes for sale and rent
- Housing units
- 103
- Owner-occupied
- 93.8%
- Renter-occupied
- 6.2%
- Vacant
- 5.8%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 1.70
Elida demographics
- Population
- 165
- Median age
- 56.8
- Under 18
- 1.8%
- 65 and older
- 38.8%
- Households
- 97
- Foreign-born
- 15.2%
- Veterans
- 9.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Elida ›
Education in Elida
17.3% of adults 25 and older in Elida have a bachelor's degree or higher (New Mexico: 31%), and 8% have a graduate or professional degree.
Jobs and commute in Elida
- Unemployment rate
- 0%State: 6%
- Average commute
- —State: 24 min
- Work from home
- 14.5%
- Drive alone
- 83.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 87.6%
Elida vs nearby towns
More for people moving to Elida
Elida ZIP code ›Weather and climate ›Living in Elida: FAQ
What is the median household income in Elida, NM?
The median household income in Elida is $67,917, 6% higher than the New Mexico median of $64,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Elida?
The median home value in Elida is $49,500, compared with $248,100 in New Mexico.
Is Elida, NM a good place to live?
Pluses: median household income 6% higher than the New Mexico median; home values 80% lower than the state median; a poverty rate of 12.7%.
What is the median age in Elida?
The median age in Elida is 56.8 years (New Mexico: 39.4).
What is the unemployment rate in Elida?
The unemployment rate in Elida is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elida?
17.3% of adults in Elida have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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