Economy

What is the income of a household in ?

About $74,700 in median income in 2019–2023. Household income is the total money received in a year — wages, pensions, investments, public assistance, and more — by everyone in a household over 15.
Data updated February 19, 2025

$74.7K

Median household income (2019–2023)

20.2%

higher than New Mexico (2019–2023)
Median incomes vary by geography due to a range of factors: differences in cost of living, local job markets, and economic opportunities, such as the presence of high-paying industries or declining sectors. Regional policies, access to education, and variations in economic development can also play a role in shaping incomes across locations.
Median household income in Santa Fe County, NM was $74,700 from 2019–2023. This was 20.2% higher than in the state of New Mexico, and 4.9% lower than in the US.

From 2019–2023, median household income in Santa Fe County, NM was 20.2% higher than in New Mexico as a whole, at $74.7K.

Median household income by geographic area in 2019–2023, adjusted for inflation (2023 dollars)

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The median household income is a useful summary, but it doesn’t fully capture the income landscape. Examining the income distribution provides insight into economic diversity and reveals patterns in income concentrations across different brackets. This perspective helps to better understand the range of and disparities in household earnings.
From 2019–2023, half of households in Santa Fe County, NM made more than $74,700 and the other half made less. Compared to New Mexico as a whole, Santa Fe County had more households in the less than $50,000 income range and fewer in the $200,000 or more range.

From 2019–2023, half of households in Santa Fe County, NM made over $74.7K and the other half made less.

Share of households in each income group in Santa Fe County, NM (2019–2023)

Household income can differ depending on the makeup of the household.
Married couple households (with and without kids) had a higher median income than other types of familial households in 2019-2023. Among nonfamily households, males not living alone had a higher median income than females not living alone.

From 2019–2023, nonfamily households with a male not living alone had the highest median income.

Median income by household type in Santa Fe County, NM in 2019–2023, adjusted for inflation (2023 dollars)

Lastly, household income also varies by geography due to differences in cost of living, local job markets, and economic opportunities (e.g. the presence of high-paying industries or declining sectors). Regional policies (like minimum wage), access to education, and other economic factors can also play a role in shaping local income levels.
When ranked highest to lowest, Santa Fe County was ranked 4th in median household income among counties in New Mexico from 2019–2023. Counties with a similar median income include Eddy County (3rd) and Lea County (5th).

From 2019–2023, Santa Fe County, NM ranked 4th in median household income among counties in New Mexico.

Median household income by county (2019–2023), adjusted for inflation (2023 dollars)

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Methodology

USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.

The analysis was generated with the help of AI and reviewed by USAFacts for accuracy.

Page sources

USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.

  • US Census Bureau

    American Community Survey (ACS)

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