Santa Fe County, New Mexico
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Santa Fe County Compares
Detailed Income Statistics
Income Advisory: Santa Fe County
Income Verdict
Santa Fe County has a median household income of $74,689 and per capita income of $48,908 — a gap of $25,781, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $1,318/month and a median household income of $74,689, rent consumes approximately 21.2% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $74,689 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $48,908 reflects a relatively affluent population with substantial individual earning capacity.
Neighbor Context
Santa Fe County earns approximately 34.6% above the New Mexico state median household income of $55,469, positioning it favorably within the state.
Data Story
About Household Income in Santa Fe County, New Mexico
Santa Fe nearly matches national average
Santa Fe County's median household income of $74,689 sits virtually at the U.S. median of $74,755, representing typical American earning power. The county holds steady at the national baseline.
Well above New Mexico average
Santa Fe's median household income of $74,689 exceeds the state average of $55,469 by $19,220, ranking it among New Mexico's strongest income counties. Its per capita income of $48,908 leads the state by $16,306.
Outearns Taos, rivals Sandoval
Santa Fe's $74,689 income closely competes with Sandoval County ($84,053) and substantially exceeds Taos County ($58,908) by $15,781. The county benefits from tourism, government, and cultural economy strength.
Higher costs strain housing affordability
Santa Fe's rent-to-income ratio of 21.2% remains acceptable, but the median home value of $416,900 represents the region's highest cost. Households here spend more in absolute dollars on housing despite proportionally reasonable ratios.
Invest beyond primary residence
Santa Fe's healthy incomes and established wealth create room for real estate investment, stock portfolio diversification, and legacy planning. High earners here should explore tax-advantaged strategies like SEP IRAs or solo 401(k)s if self-employed.
Frequently Asked Questions
What is the median household income in Santa Fe County, New Mexico?
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How does Santa Fe County compare to the New Mexico average?
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Why is Santa Fe County income higher than the New Mexico average?
How does Santa Fe County rank for income in New Mexico?
Income Comparison Calculator
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County median: $74,689 per year
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Income Adequacy
Your monthly income ($6,224) vs. median rent ($1,318/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.