Valencia County, New Mexico

The median household income in Valencia County, New Mexico is $58,333, 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.

The per capita income in Valencia County is $30,066, 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 $58,333.

Valencia County's median household income of $58,333 is higher than the New Mexico state average of $55,469. The per capita income is $30,066, compared to the state average of $32,602.

The per capita income in Valencia County, New Mexico is $30,066, 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.

Valencia County's median household income of $58,333 is higher than the New Mexico average of $55,469. This difference of $2,864 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.

Valencia County ranks #8 out of 33 counties in New Mexico by median household income (1 = highest). With a median household income of $58,333 and per capita income of $30,066, it falls in the top third of counties statewide.