Edgewood town, NM

ZIP 87047 — Economy & Jobs

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Edgewood town, NM (87047)

Median Income

$111,546

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+163

Wealth inflow

Population

5,166

Unemployment

1.4%

2.3pp below US avg

IRS migration statistics show a net inflow of about 163 for ZIP 87047 (Edgewood town, 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

1.4%-62% vs US avg

Self-Employed

5.5%-10% vs US avg

SNAP Benefits

1.4%-88% vs US avg

Establishments

230

Employees

~3 per establishment — small businesses dominate

Professional services

Top Industry

Economic Distributions

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

Occupation

Industry

Agriculture, forestry, mining3.5%
Construction4.3%
Manufacturing1.6%
Wholesale trade0.9%
Retail trade6.2%
Transportation, utilities3.8%
Information1.4%
Finance, insurance, real estate9.9%
Professional, scientific, management22.0%
Education, health care, social25.0%
Arts, entertainment, food services7.9%
Other services4.5%
Public administration9.0%

Household Income

Historical Trends in 87047 (2020–Present)

Since 2020, population grew 13.4%, median income rose 2.9% (inflation-adjusted), home values increased 10.1%.

Median Income

$111,546

+48% vs US avg

Unemployment Rate