Taos County, New Mexico
Income Data
At a Glance
How Taos County Compares
Detailed Income Statistics
Data Story
About Household Income in Taos County, New Mexico
Taos approaches but lags national income
Taos County's median household income of $58,908 falls $15,847 below the U.S. median of $74,755, representing roughly 79% of national average earnings. The county sits in the lower tier nationally despite ranking strongest in northern New Mexico.
Above New Mexico average
Taos's median household income of $58,908 exceeds New Mexico's state average of $55,469 by $3,439, making it a relatively stronger performer statewide. Its per capita income of $40,018 also leads the state mean by $7,416.
Outearns most rural rivals
Taos's $58,908 income surpasses San Miguel ($47,400), Socorro ($47,556), Torrance ($46,250), and Sierra ($37,840) by significant margins. Only Sandoval ($84,053) and Santa Fe ($74,689) exceed Taos in the regional group.
High home values strain affordability
Taos County's rent-to-income ratio of 21.8% edges above comfort zones, and the median home value of $354,000 ranks second-highest regionally. Despite moderate ratios, absolute housing costs challenge many households here.
Taos residents can build diversified wealth
With above-state-average incomes, Taos households benefit from balancing primary residence investment with diversified portfolio building. Long-term investors here should consider both traditional and alternative assets appropriate to their risk tolerance.
Frequently Asked Questions
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Your income is above the Taos County median
County median: $58,908 per year
vs. County Median
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vs. State Average
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vs. National Median
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Your monthly income ($4,909) vs. median rent ($1,069/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.