Lea County, New Mexico
Income Data
At a Glance
How Lea County Compares
Detailed Income Statistics
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
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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%
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.