Lea County, New Mexico
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Lea County Compares
Detailed Income Statistics
Income Advisory: Lea County
Income Verdict
Lea County has a median household income of $68,750 and per capita income of $31,554 — a gap of $37,196, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $1,119/month and a median household income of $68,750, rent consumes approximately 19.5% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $68,750 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $31,554 is in line with national norms for individual earners.
Neighbor Context
Lea County earns approximately 23.9% above the New Mexico state median household income of $55,469, positioning it favorably within the state.
Data Story
About Household Income in Lea County, New Mexico
Lea matches national income standard
Lea County's median household income of $68,750 approaches the U.S. median of $74,755, falling only about $6,000 short of the national benchmark. The county's energy sector provides stable, above-average employment opportunities.
Top-tier earner in New Mexico
Lea County's median household income of $68,750 significantly exceeds New Mexico's state average of $55,469 by roughly $13,300. The county ranks among the top earners statewide, second only to Los Alamos County.
Outpaces surrounding counties clearly
Lea County households earn $68,750, well ahead of nearby Eddy County ($79,605), Lincoln County ($51,643), and Grant County ($45,921). Lea's oil and gas economy delivers stronger household earnings than most neighboring counties.
Housing costs stay very manageable
Lea County's rent-to-income ratio of 19.5% sits comfortably below affordability thresholds, with median home values at $176,000. Households earning $68,750 enjoy solid purchasing power for both rental and homeownership.
Invest in long-term financial goals
Lea County's above-average income of $68,750 provides a strong platform for wealth building beyond homeownership. Consider maximizing retirement contributions, diversifying into stocks or other investments, and developing a multi-decade strategy to protect against energy sector volatility.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Lea County
Your income is above the Lea County median
County median: $68,750 per year
vs. County Median
+0%
vs. State Average
+24%
vs. National Median
-8%
Income Adequacy
Your monthly income ($5,729) vs. median rent ($1,119/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.