Milan village, NM

ZIP 87021 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Milan village, NM (87021)

Median Income

$39,041

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+100

Wealth inflow

Population

3,164

Unemployment

10.3%

6.6pp above US avg

IRS migration statistics show a net inflow of about 100 for ZIP 87021 (Milan village, NM) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

10.3%+180% vs US avg

Self-Employed

12.1%+99% vs US avg

SNAP Benefits

22.5%+92% vs US avg

Establishments

790

Employees

~20 per establishment — mix of small and larger employers

Retail trade

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Construction9.6%
Manufacturing3.5%
Retail trade31.1%
Transportation, utilities4.5%
Finance, insurance, real estate5.2%
Education, health care, social7.8%
Other services23.0%
Public administration15.4%

Household Income

Historical Trends in 87021 (2020–Present)

Since 2020, population declined 6.7%, median income fell 20.2% (inflation-adjusted), home values increased 137.1%.

Median Income

$39,041

-48% vs US avg

Unemployment Rate