Lea County, New Mexico

Income Data

+24% vs. New Mexico average
$68,750
Median Household Income
$31,554
Per Capita Income

At a Glance

Median Household Income
$68,750
+24% vs. state avg
Per Capita Income
$31,554
-20% vs. national
Income-to-Housing Ratio
39.1%
income as % of home value
Rank in New Mexico
#5 / 33
by median household income

How Lea County Compares

Lea County$68,750
New Mexico Average$55,469
National Median$74,755

Detailed Income Statistics

$68,750
Median Household Income
$31,554
Per Capita Income
$176,000
Median Home Value
39.1%
Income-to-Housing Ratio

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

What is the median household income in Lea County, New Mexico?
The median household income in Lea County, New Mexico is $68,750, 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 Lea County?
The per capita income in Lea County is $31,554, 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 $68,750.
How does Lea County compare to the New Mexico average?
Lea County's median household income of $68,750 is higher than the New Mexico state average of $55,469. The per capita income is $31,554, compared to the state average of $32,602.
What is the per capita income in Lea County, New Mexico?
The per capita income in Lea County, New Mexico is $31,554, 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.
Why is Lea County income higher than the New Mexico average?
Lea County's median household income of $68,750 is higher than the New Mexico average of $55,469. This difference of $13,281 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Lea County rank for income in New Mexico?
Lea County ranks #5 out of 33 counties in New Mexico by median household income (1 = highest). With a median household income of $68,750 and per capita income of $31,554, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Lea County

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Your income is above the Lea County median

County median: $68,750 per year

vs. County Median

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vs. State Average

+24%

vs. National Median

-8%

vs. Lea County MedianAbout equal
vs. New Mexico Average24% above
vs. National Median8% below

Income Adequacy

Monthly income covers median rent5.1x

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