The town of Elida is located in the County of Roosevelt County in New Mexico. Elida covers a total area of about 2.2 sq. kms. and is elevated by about 4360 ft above the sea level. As found in most cities of the United States, the local economy mainly consists of contribution from the private sector. They include accounting firms, antique shops, art and craft shops, beauty salons, baber shops, farm equipment sales and servicing facilities, energy conservation centers, restaurants, tax consultancy services, health service facilities, oil and lubrication centers, garden centers, real estate agencies, building material supplies, retail shops and auto sales and servicing facilities.