Graph and download economic data for Real Median Household Income in New Mexico from 1984 to 2024 about NM, households, median, income, real, and USA.

In 2023, the median household income in New Mexico amounted to 60,980 U.S. dollars. This is an increase from the previous year, when the median household income in the state amounted to 56,420 U.S. dollars. The median household income in the United States can be accessed here.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in New Mexico. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in New Mexico. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in New Mexico, householders within the 45 to 64 years age group have the highest median household income at $73,136, followed by those in the 25 to 44 years age group with an income of $67,702. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $51,596. Notably, householders within the under 25 years age group, had the lowest median household income at $34,497.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for New Mexico median household income by age. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for New Mexico (MHINM35000A052NCEN) from 1989 to 2023 about NM, households, median, income, and USA.

Real Median Household Income in New Mexico was 60980.00000 2015 CPI-U-RS Adjusted $ in January of 2023, according to the United States Federal Reserve. Historically, Real Median Household Income in New Mexico reached a record high of 62870.00000 in January of 2007 and a record low of 45020.00000 in January of 1988. Trading Economics provides the current actual value, an historical data chart and related indicators for Real Median Household Income in New Mexico - last updated from the United States Federal Reserve on September of 2025.

In 2022 the median annual family income in New Mexico was ****** U.S. dollars, which is a significant increase from the year prior, when it was ****** U.S. dollars. Family income is the total income earned by all family members who have been living in the household for at least one year and are at least 14 years old.

About this dataset

Context

The dataset presents median household incomes for various household sizes in Mexico Town, New York, as reported by the U.S. Census Bureau. The dataset highlights the variation in median household income with the size of the family unit, offering valuable insights into economic trends and disparities within different household sizes, aiding in data analysis and decision-making.

Key observations

• Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, Mexico town did not include 7-person households. Across the different household sizes in Mexico town the mean income is $99,994, and the standard deviation is $46,469. The coefficient of variation (CV) is 46.47%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $39,700. It then further increased to $105,929 for 6-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/mexico-town-ny-median-household-income-by-household-size.jpeg" alt="Mexico Town, New York median household income, by household size (in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Household Sizes:

• 1-person households
• 2-person households
• 3-person households
• 4-person households
• 5-person households
• 6-person households
• 7-or-more-person households

Variables / Data Columns

• Household Size: This column showcases 7 household sizes ranging from 1-person households to 7-or-more-person households (As mentioned above).
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific household size.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Mexico town median household income. You can refer the same here

Estimate of Median Household Income for New Mexico was 62286.00000 $ in January of 2023, according to the United States Federal Reserve. Historically, Estimate of Median Household Income for New Mexico reached a record high of 62286.00000 in January of 2023 and a record low of 23570.00000 in January of 1989. Trading Economics provides the current actual value, an historical data chart and related indicators for Estimate of Median Household Income for New Mexico - last updated from the United States Federal Reserve on September of 2025.

Graph and download economic data for 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Santa Fe County, NM (MHICIUBNM35049A052NCEN) from 1989 to 2023 about Santa Fe County, NM; Santa Fe; NM; households; median; income; and USA.

Comprehensive demographic dataset for New Mexico, US including population statistics, household income, housing units, education levels, employment data, and transportation with year-over-year changes.

Median Household Income, Race/Ethnicity, New Mexico, 2014-2018

Total Households = 775,651

ALL HOUSEHOLDERS $ 48,059

Black or African American Householder $ 38,490

American Indian and Alaska Native Householder $ 33,552

Asian Householder $ 65,019

Non-Hispanic White Householder $ 58,181

Hispanic or Latino Householder $ 40,641

Native Hawaiian and Other Pacific Islander Householder $ 47,311

Some Other Race Householder $ 35,625

2 or More Races Householder $ 46,036

SEE ALSO Race/Ethnicity with Lowest Median Income: https://nmcdc.maps.arcgis.com/home/webmap/viewer.html?webmap=0ed46c1e58034bf583e7afc99fcd6a5c This map shows which race/ethnicity group has the highest median income, by tract, county and state. For each group showing a median income figure, the highest median income determines the color used on the map.The map shows median household income by race and by age of householder. This is shown by tract, county, and state boundaries. This service is updated annually to contain the most currently released American Community Survey (ACS) 5-year data, and contains estimates and margins of error. There are also additional calculated attributes related to this topic, which can be mapped or used within analysis. Median income and income source is based on income in past 12 months of survey. The map uses the latest available Census ACS data from the ACS Median Household Income Variables - Boundaries ready-to-use layer in the ArcGIS Living Atlas.This map uses these hosted feature layers containing the most recent American Community Survey data. These layers are part of the ArcGIS Living Atlas, and are updated every year when the American Community Survey releases new estimates, so values in the map always reflect the newest data available. The United States Census Bureau's American Community Survey (ACS):About the SurveyGeography & ACSTechnical DocumentationNews & UpdatesThis ready-to-use web map can be used within ArcGIS Pro, ArcGIS Online, its configurable apps, dashboards, Story Maps, custom apps, and mobile apps. Data can also be exported for offline workflows. Please cite the Census and ACS when using this data.Data Note from the Census:Data are based on a sample and are subject to sampling variability. The degree of uncertainty for an estimate arising from sampling variability is represented through the use of a margin of error. The value shown here is the 90 percent margin of error. The margin of error can be interpreted as providing a 90 percent probability that the interval defined by the estimate minus the margin of error and the estimate plus the margin of error (the lower and upper confidence bounds) contains the true value. In addition to sampling variability, the ACS estimates are subject to nonsampling error (for a discussion of nonsampling variability, see Accuracy of the Data). The effect of nonsampling error is not represented in these tables.

Median Household Income in New Mexico was 60980.00000 Current $ in January of 2023, according to the United States Federal Reserve. Historically, Median Household Income in New Mexico reached a record high of 60980.00000 in January of 2023 and a record low of 19300.00000 in January of 1988. Trading Economics provides the current actual value, an historical data chart and related indicators for Median Household Income in New Mexico - last updated from the United States Federal Reserve on September of 2025.

Graph and download economic data for Estimate of Median Household Income for Bernalillo County, NM (MHINM35001A052NCEN) from 1989 to 2023 about Bernalillo County, NM; Albuquerque; NM; households; median; income; and USA.

United States Household Income: New Mexico data was reported at 48,451.000 USD in 2016. This records an increase from the previous number of 45,119.000 USD for 2015. United States Household Income: New Mexico data is updated yearly, averaging 33,124.000 USD from Mar 1984 (Median) to 2016, with 33 observations. The data reached an all-time high of 48,451.000 USD in 2016 and a record low of 19,296.000 USD in 1988. United States Household Income: New Mexico data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.H045: Household Income.

About this dataset

Context

The dataset tabulates the median household income in New Mexico. It can be utilized to understand the trend in median household income and to analyze the income distribution in New Mexico by household type, size, and across various income brackets.

Content

The dataset will have the following datasets when applicable

Please note: The 2020 1-Year ACS estimates data was not reported by the Census Bureau due to the impact on survey collection and analysis caused by COVID-19. Consequently, median household income data for 2020 is unavailable for large cities (population 65,000 and above).

• New Mexico Median Household Income Trends (2010-2021, in 2022 inflation-adjusted dollars)
• Median Household Income Variation by Family Size in New Mexico: Comparative analysis across 7 household sizes
• Income Distribution by Quintile: Mean Household Income in New Mexico
• New Mexico households by income brackets: family, non-family, and total, in 2022 inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of New Mexico median household income. You can refer the same here

About this dataset

Context

The dataset illustrates the median household income in New Mexico, spanning the years from 2010 to 2021, with all figures adjusted to 2022 inflation-adjusted dollars. Based on the latest 2017-2021 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2021, the median household income for New Mexico decreased by $734 (1.24%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $4,559 (6.51%) between 2010 and 2021.

Analyzing the trend in median household income between the years 2010 and 2021, spanning 11 annual cycles, we observed that median household income, when adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 6 years and declined for 5 years.

https://i.neilsberg.com/ch/new-mexico-median-household-income-trend.jpeg" alt="New Mexico median household income trend (2010-2021, in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2021
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2022 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for New Mexico median household income. You can refer the same here

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in New Mexico, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 12,418, while the mean income for the highest quintile (20% of households with the highest income) is 216,944. This indicates that the top earners earn 17 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 373,030, which is 171.95% higher compared to the highest quintile, and 3003.95% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for New Mexico median household income. You can refer the same here

Graph and download economic data for 90% Confidence Interval Upper Bound of Estimate of Median Household Income for New Mexico (MHICIUBNM35000A052NCEN) from 1989 to 2023 about NM, households, median, income, and USA.

Graph and download economic data for Median Adjusted Gross Income for New Mexico (MEDAGINM35A052NCEN) from 1989 to 2022 about AGI, NM, adjusted, tax, gross, median, income, and USA.

About this dataset

Context

The dataset presents the median household income across different racial categories in New Mexico. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of New Mexico population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 53.62% of the total residents in New Mexico. Notably, the median household income for White households is $68,748. Interestingly, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $81,846. This reveals that, while Whites may be the most numerous in New Mexico, Asian households experience greater economic prosperity in terms of median household income.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in New Mexico.
• Median household income: Median household income, adjusting for inflation, presented in 2023-inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for New Mexico median household income by race. You can refer the same here