Alamogordo, New Mexico Income Statistics
Alamogordo Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
D
Alamogordo Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Alamogordo | New Mexico Avg | US Average |
|---|---|---|---|
| Median Household Income | $53,614 | $64,523 | $80,455 |
| Median Personal Income | $46,185 | $52,404 | $60,758 |
| Average Yearly Income Growth | 2.4% | 4.4% | 4.8% |
| Six-Figure Earners | 7.2% | 10.2% | 13.9% |
| $200k+ Households | 3.2% | 7.8% | 13.2% |
The median household income in Alamogordo is about 17% lower than in New Mexico. Income has been growing slower in Alamogordo (2.4%/yr) than in New Mexico (4.4%/yr).
About 7% of adults in Alamogordo earn six figures ($100,000 or more) a year, lower than the New Mexico average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Alamogordo, New Mexico grew by 42.1% from 2009 to 2024, reaching $53,614 in 2024. That's an average of about 2.4% per year.
Income Inequality and the Gender Pay Gap in Alamogordo
| Metric | Alamogordo | New Mexico Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.533 | 0.567 | 0.552 |
| Male Median Income | $52,627 | $60,037 | $69,667 |
| Female Median Income | $43,002 | $51,390 | $56,850 |
| Gender Pay Gap | 18.3% | 14.4% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Alamogordo, it is 0.533, lower than New Mexico's 0.567, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 22% more than women's income in Alamogordo, New Mexico. Over a 35-year career, a 22% wage gap accumulates to roughly $336,875 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Alamogordo, New Mexico has narrowed from about 33% to 18% in 2024. Over that period the gap was widest at 41% in 2013, and was narrowest at 18% in 2018. In dollar terms, the gap has narrowed by $2,354 since 2009.
Employment
| Metric | Alamogordo | New Mexico Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.1% | 5.9% | 5.2% |
| Working from Home | 7.6% | 12.2% | 15.0% |
| Commute time (minutes) | 15 | 18 | 22 |
Approximately 638 people are unemployed in Alamogordo, New Mexico.
The average commute time in Alamogordo is 15 minutes, shorter than the 18 minutes in New Mexico.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Alamogordo, New Mexico has fallen from 7.9% to 6.1% in 2024. Over that period the rate peaked at 9.1% in 2013 and fell as low as 5.6% in 2022.
Conclusion
Considering all these factors, Alamogordo, New Mexico has an overall wealth index grade of D, making it about on par with New Mexico, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Alamogordo, New Mexico.
How Wealthy Is Alamogordo, New Mexico?
Alamogordo has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $53,614, about 17% lower than the New Mexico average of $64,523.
How has median household income changed in Alamogordo, New Mexico?
Between 2009 and 2024, the median household income in Alamogordo, New Mexico rose 42%, from $37,717 to $53,614. Over the same years, income here lagged behind New Mexico as a whole: +42% against +50%.
What was the median household income in Alamogordo in 2023?
In 2023, the median household income in Alamogordo, New Mexico was $50,864, up 6% from $47,807 in 2022. The New Mexico median that year was $62,406.
What was the median household income in Alamogordo in 2020?
In 2020, the median household income in Alamogordo, New Mexico was $44,031. By 2024 it had risen 22% to $53,614.
What is the Gini coefficient in Alamogordo, New Mexico?
The Gini coefficient in Alamogordo is 0.533. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Alamogordo, New Mexico?
Since 2009, the income gap between men and women in Alamogordo, New Mexico has narrowed from about 33% to 18% in 2024. Over that period the gap was widest at 41% in 2013, and was narrowest at 18% in 2018. In dollar terms, the gap has narrowed by $2,354 since 2009.
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