New Mexico Household Income Indicators (2024)

Median Income

$64,059

Total Households

837,414

High Earners ($150k+)

15.4%

Very Low (<$20k)

15.9%

New Mexico Household Income Distribution Chart

Income Distribution for
Figure 1: Percentage of households per income bracket in New Mexico (2024).

New Mexico Household Income Breakdown by Bracket

Economic ClassPercentage
Very Low <$20k15.9%
Low $20k-34k12.7%
Lower Middle $35k-49k11.2%
Middle $50k-74k16.9%
Upper Middle $75k-149k27.8%
High $150k+15.4%



Household Income FAQs for New Mexico

The median household income in New Mexico is $64,059.

In recent years, the median household income in New Mexico has increased by 46.2%.