| Index | Elma | Iowa | National |
| Income per capita | $18,800 | $28,872 | $29,829 |
| Median household income | $27,330 | $54,570 | $55,322 |
| Median income owner occupied | $39,375 | $66,527 | $70,586 |
| Median income renter occupied | $0 | $30,828 | $35,192 |
| Median earnings male | $30,521 | $37,409 | $36,919 |
| Median earnings female | $24,732 | $25,115 | $26,250 |
| Unemployment rate | 1.2% | 3.1% | 4.7% |
| 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 | 172 | $62,750 | 13.4% |
| Lime Springs, IA | 627 | $61,818 | 11.7% |
| Ionia, IA | 296 | $61,585 | 11.3% |
| Lawler, IA | 352 | $58,750 | 6.2% |
| Bassett, IA | 42 | $51,250 | 7.4% |
| Elma, IA | 525 | $27,330 | 50.6% |
| City | Population | Household Income | National Avg. |
| Como, IL | 525 | $79,250 | 43.3% |
| Painted Hills, IN | 525 | $63,828 | 15.4% |
| Deerfield, MA | 525 | $0 | 100.0% |
| Carp Lake, MI | 525 | $33,875 | 38.8% |
| Sunfish Lake, MN | 525 | $250,001 | 351.9% |
| Elma, IA | 525 | $27,330 | 50.6% |
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