Harding County, New Mexico

Income Data

-26% vs. New Mexico average
$41,250
Median Household Income
$55,520
Per Capita Income

At a Glance

Median Household Income
$41,250
-26% vs. state avg
Per Capita Income
$55,520
+41% vs. national
Income-to-Housing Ratio
47.7%
income as % of home value
Rank in New Mexico
#29 / 33
by median household income

How Harding County Compares

Harding County$41,250
New Mexico Average$55,469
National Median$74,755

Detailed Income Statistics

$41,250
Median Household Income
$55,520
Per Capita Income
$86,500
Median Home Value
47.7%
Income-to-Housing Ratio

Data Story

About Household Income in Harding County, New Mexico

Harding incomes lag national benchmark

Harding County's median household income of $41,250 falls about $33,500 below the U.S. median of $74,755, reflecting limited economic scale and employment opportunities. The county's small population and rural character constrain wage growth.

Below state average, sparse population

Harding County's median household income of $41,250 trails New Mexico's state average of $55,469 by roughly $14,000. As one of the state's least populous counties, Harding faces structural challenges in attracting higher-wage employers.

Similar challenges to nearby counties

Harding County households earn $41,250, comparable to Guadalupe County ($40,149) and well below Lincoln County ($51,643) and Lea County ($68,750). The northern plains counties share limited economic diversity and lower wage opportunities.

Affordability offsets modest income

Harding County's rent-to-income ratio of 20.4% and median home value of just $86,500 mean housing costs consume a moderate share of income while remaining quite affordable. Low housing costs provide financial breathing room for households on modest earnings.

Save aggressively on low expenses

Harding County's exceptionally low housing costs create an opportunity to save aggressively on a modest income of $41,250. Focus on building an emergency fund, exploring any available employer retirement plans, and consider skill development that could enable remote work at higher wages.

Frequently Asked Questions

What is the median household income in Harding County, New Mexico?
The median household income in Harding County, New Mexico is $41,250, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Harding County?
The per capita income in Harding County is $55,520, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $41,250.
How does Harding County compare to the New Mexico average?
Harding County's median household income of $41,250 is lower than the New Mexico state average of $55,469. The per capita income is $55,520, compared to the state average of $32,602.
What is the per capita income in Harding County, New Mexico?
The per capita income in Harding County, New Mexico is $55,520, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Harding County a low-income area in New Mexico?
Harding County's median household income of $41,250 is below the New Mexico average of $55,469. The per capita income of $55,520 is also comparable to the state average of $32,602. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Harding County rank for income in New Mexico?
Harding County ranks #29 out of 33 counties in New Mexico by median household income (1 = highest). With a median household income of $41,250 and per capita income of $55,520, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Harding County

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Your income is above the Harding County median

County median: $41,250 per year

vs. County Median

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vs. State Average

-26%

vs. National Median

-45%

vs. Harding County MedianAbout equal
vs. New Mexico Average26% below
vs. National Median45% below

Income Adequacy

Monthly income covers median rent4.9x

Your monthly income ($3,438) vs. median rent ($700/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.