New Mexico Household Income
According to the Census ACS 1-year survey, the median household income for New Mexico was $53,992 in 2021, the latest figures available. Compared to the median US household income, New Mexico median household income is $15,725 lower. 2022 Census ACS data (including 2022 New Mexico household income numbers) will be released in September of 2023. New Mexico median family income and per capita income for New Mexico are shown further down.
Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.
Real Median Household Income in New Mexico
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $69,717 | -1.64% | +4.32% |
| New Mexico | $53,992 | -2.62% | +6.09% |
New Mexico Real Median Household Income Trends since 2005
The current median household income for New Mexico is $53,992. Real median household income peaked in 2020 at $55,442 and is now $1,450 (2.62%) lower.
Real Median Household Income: New Mexico, National
Historical Real Median Household Income for New Mexico
| Date | US | New Mexico |
|---|---|---|
| 2021 | $69,717 | $53,992 |
| 2020 | $70,877 | $55,442 |
| 2019 | $69,638 | $55,049 |
| 2018 | $66,828 | $50,894 |
| 2017 | $66,687 | $51,664 |
| 2016 | $65,052 | $52,780 |
| 2015 | $63,784 | $51,898 |
| 2014 | $61,468 | $51,325 |
| 2013 | $60,869 | $51,109 |
| 2012 | $60,732 | $50,313 |
| 2011 | $60,969 | $50,660 |
| 2009 | $63,573 | $54,468 |
| 2007 | $66,465 | $54,299 |
| 2005 | $64,310 | $52,141 |
New Mexico Family Income
The ACS 1-year survey shows that the median family income for New Mexico was $67,786 in 2021. Compared to the median US family income, New Mexico median family income is $18,020 lower. Like the median household income numbers, 2022 family income data will be released in September of 2023.
Real Median Family Income in New Mexico
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $85,806 | -1.68% | +4.09% |
| New Mexico | $67,786 | -0.07% | +6.92% |
New Mexico Real Median Family Income Trends since 2005
The current median family income for New Mexico is $67,786. Real median family income peaked in 2020 at $67,832 and is now $46 (0.07%) lower.
Real Median Family Income: New Mexico, National
Historical Real Median Family Income for New Mexico
| Date | US | New Mexico |
|---|---|---|
| 2021 | $85,806 | $67,786 |
| 2020 | $87,269 | $67,832 |
| 2019 | $85,780 | $65,520 |
| 2018 | $82,434 | $63,400 |
| 2017 | $81,669 | $64,445 |
| 2016 | $80,231 | $64,131 |
| 2015 | $78,061 | $64,278 |
| 2014 | $75,505 | $62,669 |
| 2013 | $74,593 | $63,566 |
| 2012 | $73,920 | $60,824 |
| 2011 | $74,192 | $62,468 |
| 2009 | $77,322 | $65,817 |
| 2007 | $80,131 | $65,048 |
| 2005 | $77,647 | $61,327 |
New Mexico Per Capita Income
The ACS survey shows the median per capita income for New Mexico was $31,043 in 2021. Compared to the US per capita income, New Mexico per capita income is $7,289 lower. Per capita income numbers for 2022 will be released in September of 2023.
Real Per Capita Income in New Mexico
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $38,332 | -1.03% | +5.01% |
| New Mexico | $31,043 | -0.25% | +8.45% |
New Mexico Real Per Capita Income Trends since 2005
The current per capita income for New Mexico is $31,043. Real per capita income peaked in 2020 at $31,122 and is now $79 (0.25%) lower.
Real Per Capita Income: New Mexico, National
Historical Real Per Capita Income for New Mexico
| Date | US | New Mexico |
|---|---|---|
| 2021 | $38,332 | $31,043 |
| 2020 | $38,730 | $31,122 |
| 2019 | $37,803 | $30,121 |
| 2018 | $36,503 | $28,624 |
| 2017 | $35,807 | $27,975 |
| 2016 | $35,145 | $28,391 |
| 2015 | $34,284 | $27,890 |
| 2014 | $33,094 | $27,131 |
| 2013 | $32,833 | $27,183 |
| 2012 | $32,297 | $27,042 |
| 2011 | $32,243 | $27,560 |
| 2009 | $33,430 | $28,059 |
| 2007 | $34,959 | $28,585 |
| 2005 | $34,817 | $28,924 |
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
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