Farmington New Mexico Household Income
The Census ACS 1-year survey reports that the median household income for the Farmington New Mexico metro area was $47,819 in 2021, the latest figures available. Farmington median household income is $6,173 lower than the median New Mexico household income and $21,898 less than the US median household income. 2022 metro income data (including Farmington median household income) will be released in September of 2023. Median family and per capita income for Farmington are shown below.
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 for Farmington New Mexico
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $69,717 | -1.64% | +4.32% |
| New Mexico | $53,992 | -2.62% | +6.09% |
| Farmington | $47,819 | -0.83% | -1.16% |
Trends in Farmington, NM Real Median Household Income since 2005
The current median household income for Farmington is $47,819. Real median household income peaked in 2011 at $62,449 and is now $14,630 (23.43%) lower. From a post peak low of $46,969 in 2019, real median household income for Farmington has now grown by $850 (1.81%).
Real Median Household Income: Farmington, New Mexico, National
Historical Inflation Adjusted Median Household Income for Farmington
| Date | US | New Mexico | Farmington |
|---|---|---|---|
| 2021 | $69,717 | $53,992 | $47,819 |
| 2020 | $70,877 | $55,442 | $48,221 |
| 2019 | $69,638 | $55,049 | $46,969 |
| 2018 | $66,828 | $50,894 | $48,382 |
| 2017 | $66,687 | $51,664 | $50,778 |
| 2016 | $65,052 | $52,780 | $58,713 |
| 2015 | $63,784 | $51,898 | $56,737 |
| 2014 | $61,468 | $51,325 | $55,873 |
| 2013 | $60,869 | $51,109 | $51,010 |
| 2012 | $60,732 | $50,313 | $54,837 |
| 2011 | $60,969 | $50,660 | $62,449 |
| 2009 | $63,573 | $54,468 | $59,591 |
| 2007 | $66,465 | $54,299 | $57,230 |
| 2005 | $64,310 | $52,141 | $50,132 |
Farmington Family Income
The ACS 1-year data shows the median family income for Farmington was $54,472 in 2021. Compared to the median New Mexico family income, Farmington median family income is $13,314 lower. As with the median household income data, 2022 family income data for Farmington will be released in September of 2023.
Real Median Family Income for Farmington New Mexico
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $85,806 | -1.68% | +4.09% |
| New Mexico | $67,786 | -0.07% | +6.92% |
| Farmington | $54,472 | +0.87% | -2.55% |
Trends in Farmington, NM Real Median Family Income since 2005
The current median family income for Farmington is $54,472. Real median family income peaked in 2011 at $76,284 and is now $21,812 (28.59%) lower. From a post peak low of $51,624 in 2019, real median family income for Farmington has now grown by $2,848 (5.52%).
Real Median Family Income: Farmington, New Mexico, National
Historical Inflation Adjusted Median Family Income for Farmington
| Date | US | New Mexico | Farmington |
|---|---|---|---|
| 2021 | $85,806 | $67,786 | $54,472 |
| 2020 | $87,269 | $67,832 | $54,002 |
| 2019 | $85,780 | $65,520 | $51,624 |
| 2018 | $82,434 | $63,400 | $55,897 |
| 2017 | $81,669 | $64,445 | $56,882 |
| 2016 | $80,231 | $64,131 | $72,024 |
| 2015 | $78,061 | $64,278 | $65,257 |
| 2014 | $75,505 | $62,669 | $65,324 |
| 2013 | $74,593 | $63,566 | $65,498 |
| 2012 | $73,920 | $60,824 | $61,485 |
| 2011 | $74,192 | $62,468 | $76,284 |
| 2009 | $77,322 | $65,817 | $73,268 |
| 2007 | $80,131 | $65,048 | $63,479 |
| 2005 | $77,647 | $61,327 | $60,049 |
Farmington Per Capita Income
The ACS 1-year survey shows the per capita income for Farmington was $23,466 in 2021. Compared to the median New Mexico per capita income, Farmington median per capita income is $7,577 lower. As with the median household and median family income numbers above, 2022 per capita income data for Farmington will be released in September of 2023.
Real Per Capita Income for Farmington New Mexico
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $38,332 | -1.03% | +5.01% |
| New Mexico | $31,043 | -0.25% | +8.45% |
| Farmington | $23,466 | -0.56% | -1.44% |
Trends in Farmington, NM Real Per Capita Income since 2005
The current per capita income for Farmington is $23,466. Real per capita income peaked in 2016 at $27,725 and is now $4,259 (15.36%) lower. From a post peak low of $22,900 in 2017, real per capita income for Farmington has now grown by $566 (2.47%).
Real Per Capita Income: Farmington, New Mexico, National
Historical Real Per Capita Income for Farmington
| Date | US | New Mexico | Farmington |
|---|---|---|---|
| 2021 | $38,332 | $31,043 | $23,466 |
| 2020 | $38,730 | $31,122 | $23,599 |
| 2019 | $37,803 | $30,121 | $22,918 |
| 2018 | $36,503 | $28,624 | $23,810 |
| 2017 | $35,807 | $27,975 | $22,900 |
| 2016 | $35,145 | $28,391 | $27,725 |
| 2015 | $34,284 | $27,890 | $27,509 |
| 2014 | $33,094 | $27,131 | $25,900 |
| 2013 | $32,833 | $27,183 | $23,508 |
| 2012 | $32,297 | $27,042 | $24,934 |
| 2011 | $32,243 | $27,560 | $25,181 |
| 2009 | $33,430 | $28,059 | $25,953 |
| 2007 | $34,959 | $28,585 | $27,263 |
| 2005 | $34,817 | $28,924 | $23,017 |
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
Here's where you are
- Home
- / Income
- / New Mexico
- / Farmington
