Department of Numbers

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.

Show dollars as: Nominal Real

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

more history ...

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.

Show dollars as: Nominal Real

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

more history ...

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.

Show dollars as: Nominal Real

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

more history ...