Waterflow CDP, NM

ZIP 87421 — 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 Waterflow CDP, NM (87421)

Median Income

$49,716

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+50

Wealth inflow

Population

1,588

Unemployment

9.1%

5.4pp above US avg

IRS migration statistics show a net inflow of about 50 for ZIP 87421 (Waterflow CDP, 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

9.1%+145% vs US avg

Self-Employed

1.0%-84% vs US avg

SNAP Benefits

16.3%+39% vs US avg

Establishments

429

Employees

~19 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

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

Occupation

Industry

Agriculture, forestry, mining10.3%
Construction5.3%
Manufacturing10.8%
Wholesale trade1.7%
Retail trade6.5%
Transportation, utilities8.2%
Information4.3%
Finance, insurance, real estate1.8%
Professional, scientific, management2.7%
Education, health care, social34.6%
Arts, entertainment, food services6.5%
Other services6.3%
Public administration1.0%

Household Income

Historical Trends in 87421 (2020–Present)

Since 2020, population declined 3.0%, median income fell 16.5% (inflation-adjusted), home values increased 2.4%.

Median Income

$49,716

-34% vs US avg

Unemployment Rate