Sandoval County, New Mexico

Income Data

+52% vs. New Mexico average
$84,053
Median Household Income
$39,698
Per Capita Income

At a Glance

Median Household Income
$84,053
+52% vs. state avg
Per Capita Income
$39,698
+1% vs. national
Income-to-Housing Ratio
29.8%
income as % of home value
Rank in New Mexico
#2 / 33
by median household income

How Sandoval County Compares

Sandoval County$84,053
New Mexico Average$55,469
National Median$74,755

Detailed Income Statistics

$84,053
Median Household Income
$39,698
Per Capita Income
$282,300
Median Home Value
29.8%
Income-to-Housing Ratio

Data Story

About Household Income in Sandoval County, New Mexico

Sandoval ranks above national average

Sandoval County's median household income of $84,053 exceeds the U.S. median of $74,755 by $9,298, positioning it in the upper-middle tier nationally. The county outperforms most American households in earning power.

New Mexico's income leader

Sandoval dominates New Mexico's income rankings with a median household income $28,584 above the state average of $55,469. At $39,698, its per capita income also leads the state by $7,096.

Significantly outpaces surrounding counties

Sandoval's $84,053 income towers over neighbors like Taos ($58,908) and Santa Fe ($74,689), and vastly exceeds Sierra County's $37,840. The county's economic advantage reflects its proximity to the Albuquerque metro area.

Strong income covers housing costs

Despite a median home value of $282,300, Sandoval's rent-to-income ratio of 20.1% stays comfortably below the 30% affordability threshold. Higher incomes here make even premium housing relatively affordable.

Sandoval households can invest aggressively

With above-average incomes, Sandoval residents have capacity to maximize retirement contributions, diversify investments, and build taxable investment portfolios. The county's income advantage creates real opportunity to compound wealth across multiple vehicles.

Frequently Asked Questions

What is the median household income in Sandoval County, New Mexico?
The median household income in Sandoval County, New Mexico is $84,053, 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 Sandoval County?
The per capita income in Sandoval County is $39,698, 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 $84,053.
How does Sandoval County compare to the New Mexico average?
Sandoval County's median household income of $84,053 is higher than the New Mexico state average of $55,469. The per capita income is $39,698, compared to the state average of $32,602.
What is the per capita income in Sandoval County, New Mexico?
The per capita income in Sandoval County, New Mexico is $39,698, 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 Sandoval County income higher than the New Mexico average?
Sandoval County's median household income of $84,053 is higher than the New Mexico average of $55,469. This difference of $28,584 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 Sandoval County rank for income in New Mexico?
Sandoval County ranks #2 out of 33 counties in New Mexico by median household income (1 = highest). With a median household income of $84,053 and per capita income of $39,698, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Sandoval County

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Your income is above the Sandoval County median

County median: $84,053 per year

vs. County Median

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vs. State Average

+52%

vs. National Median

+12%

vs. Sandoval County MedianAbout equal
vs. New Mexico Average52% above
vs. National Median12% above

Income Adequacy

Monthly income covers median rent5.0x

Your monthly income ($7,004) vs. median rent ($1,408/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.