| Index | Elma | Iowa | National |
| Income per capita | $28,388 | $42,672 | $44,883 |
| Median household income | $40,890 | $81,387 | $81,333 |
| Median income owner occupied | $57,796 | $98,724 | $106,172 |
| Median income renter occupied | $0 | $45,890 | $52,080 |
| Median earnings male | $44,442 | $54,047 | $54,343 |
| Median earnings female | $36,164 | $36,462 | $38,439 |
| Unemployment rate | 1.3% | 3.2% | 4.9% |
| Poverty level | 38.2% | 12.3% | 15.1% |


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| Labour Type | Male | Female |
| Construction industry | 13.6% | 13.6% |
| Manufacturing sector | 47.3% | 47.3% |
| Financial & insurance services | 1.8% | 1.8% |
| Wholesale & retail services | 14.5% | 14.5% |
| Public administration | 1.8% | 1.8% |
| Transportation, warehousing & utilities | 6.4% | 6.4% |
| Education, health & social services | 1.8% | 1.8% |
| Other | 12.7% | 12.7% |
| City | Population | Household Income | National Avg. |
| North Washington, IA | 178 | $93,118 | 14.5% |
| Lime Springs, IA | 648 | $92,821 | 14.1% |
| Ionia, IA | 304 | $92,512 | 13.7% |
| Lawler, IA | 365 | $88,158 | 8.4% |
| Bassett, IA | 43 | $76,216 | 6.3% |
| Elma, IA | 538 | $40,890 | 49.7% |
| City | Population | Household Income | National Avg. |
| Fox River, AK | 538 | $64,574 | 20.6% |
| Keithsburg, IL | 538 | $55,701 | 31.5% |
| Thompsonville, IL | 538 | $54,248 | 33.3% |
| Elizabethtown, IN | 538 | $79,252 | 2.6% |
| Elnora, IN | 538 | $68,257 | 16.1% |
| Elma, IA | 538 | $40,890 | 49.7% |