(STACKER) Data shows that annual income depends heavily on an individual’s educational attainment, race, ethnicity, gender, and even location. Geography is a substantial factor in earning potential: According to the USDA, those with a high school diploma or more education earn more in urban settings than rural settings.
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Large businesses tend to operate out of cities, which also have larger markets and thus more demand for production and the jobs that come with it.
Stacker compiled a list of the highest-earning cities in New Mexico using data from the U.S. Census Bureau. Cities are ranked by 2019 5-year estimate median household income and all have at least 3,000 households. Keep reading to learn more about the highest-earning cities in your state.
#20. Española
– Median household income: $34,368
— 45.3% below national median
– Households earning over $100k: 12.2%
– Households earning less than $15k: 25.4%
#19. Portales
– Median household income: $37,921
— 39.7% below national median
– Households earning over $100k: 12.0%
– Households earning less than $15k: 19.2%
#18. Grants
– Median household income: $41,475
— 34.0% below national median
– Households earning over $100k: 14.6%
– Households earning less than $15k: 18.5%
#17. Alamogordo
– Median household income: $42,204
— 32.8% below national median
– Households earning over $100k: 13.7%
– Households earning less than $15k: 13.8%
#16. Las Cruces
– Median household income: $43,022
— 31.5% below national median
– Households earning over $100k: 17.2%
– Households earning less than $15k: 17.8%
#15. Clovis
– Median household income: $43,111
— 31.4% below national median
– Households earning over $100k: 13.0%
– Households earning less than $15k: 15.7%
#14. Roswell
– Median household income: $43,372
— 31.0% below national median
– Households earning over $100k: 13.7%
– Households earning less than $15k: 15.2%
#13. Bernalillo
– Median household income: $44,978
— 28.4% below national median
– Households earning over $100k: 16.3%
– Households earning less than $15k: 14.7%
#12. Gallup
– Median household income: $48,065
— 23.5% below national median
– Households earning over $100k: 21.6%
– Households earning less than $15k: 20.3%
#11. Ruidoso
– Median household income: $50,114
— 20.3% below national median
– Households earning over $100k: 20.8%
– Households earning less than $15k: 7.2%
#10. Lovington
– Median household income: $51,620
— 17.9% below national median
– Households earning over $100k: 19.2%
– Households earning less than $15k: 9.9%
#9. Artesia
– Median household income: $51,839
— 17.5% below national median
– Households earning over $100k: 26.2%
– Households earning less than $15k: 12.5%
#8. Albuquerque
– Median household income: $52,911
— 15.8% below national median
– Households earning over $100k: 22.8%
– Households earning less than $15k: 13.1%
#7. Farmington
– Median household income: $54,480
— 13.3% below national median
– Households earning over $100k: 22.4%
– Households earning less than $15k: 11.3%
#6. Los Lunas
– Median household income: $56,250
— 10.5% below national median
– Households earning over $100k: 19.7%
– Households earning less than $15k: 11.0%
#5. Santa Fe
– Median household income: $57,972
— 7.8% below national median
– Households earning over $100k: 25.8%
– Households earning less than $15k: 9.6%
#4. Hobbs
– Median household income: $59,020
— 6.1% below national median
– Households earning over $100k: 23.9%
– Households earning less than $15k: 14.2%
#3. Rio Rancho
– Median household income: $66,856
— 6.4% above national median
– Households earning over $100k: 26.2%
– Households earning less than $15k: 6.5%
#2. Carlsbad
– Median household income: $69,193
— 10.1% above national median
– Households earning over $100k: 26.6%
– Households earning less than $15k: 9.8%
#1. Corrales
– Median household income: $85,580
— 36.2% above national median
– Households earning over $100k: 42.9%
– Households earning less than $15k: 6.1%
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