Santa Fe County, New Mexico

Income Data

+35% vs. New Mexico average
$74,689
Median Household Income
$48,908
Per Capita Income

At a Glance

Median Household Income
$74,689
+35% vs. state avg
Per Capita Income
$48,908
+24% vs. national
Income-to-Housing Ratio
17.9%
income as % of home value
Rank in New Mexico
#4 / 33
by median household income

How Santa Fe County Compares

Santa Fe County$74,689
New Mexico Average$55,469
National Median$74,755

Detailed Income Statistics

$74,689
Median Household Income
$48,908
Per Capita Income
$416,900
Median Home Value
17.9%
Income-to-Housing Ratio

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?
The median household income in Santa Fe County, New Mexico is $74,689, 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 Santa Fe County?
The per capita income in Santa Fe County is $48,908, 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 $74,689.
How does Santa Fe County compare to the New Mexico average?
Santa Fe County's median household income of $74,689 is higher than the New Mexico state average of $55,469. The per capita income is $48,908, compared to the state average of $32,602.
What is the per capita income in Santa Fe County, New Mexico?
The per capita income in Santa Fe County, New Mexico is $48,908, 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 Santa Fe County income higher than the New Mexico average?
Santa Fe County's median household income of $74,689 is higher than the New Mexico average of $55,469. This difference of $19,220 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 Santa Fe County rank for income in New Mexico?
Santa Fe County ranks #4 out of 33 counties in New Mexico by median household income (1 = highest). With a median household income of $74,689 and per capita income of $48,908, it falls in the top third of counties statewide.

Income Comparison Calculator

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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.