Bernalillo County, New Mexico Income Statistics

Bernalillo County Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.

  • C
    Bernalillo County Below average
    Among the top 5 wealthiest counties in New Mexico

Source: Map AI Methodology

Bernalillo County
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Wealth grade

Income Statistics Overview

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Metric Bernalillo County New Mexico Avg US Average
Median Household Income $69,651 $64,523 $80,455
Median Personal Income $56,126 $52,404 $60,758
Average Yearly Income Growth 4.5% 4.4% 4.8%
Six-Figure Earners 12.0% 10.2% 13.9%
$200k+ Households 9.0% 7.8% 13.2%

The median household income in Bernalillo County is about 8% higher than in New Mexico. Income has been growing faster in Bernalillo County (4.5%/yr) than in New Mexico (4.4%/yr).

About 12% of adults in Bernalillo County earn six figures ($100,000 or more) a year, higher than the New Mexico average of 10%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Bernalillo County
United States

Median household income in Bernalillo County, New Mexico grew by 50.6% from 2009 to 2024, reaching $69,651 in 2024. That's an average of about 4.5% per year.

Year Bernalillo County United States

Income Inequality and the Gender Pay Gap in Bernalillo County

Metric Bernalillo County New Mexico Avg US Average
Gini Coefficient 0.547 0.567 0.552
Male Median Income $64,008 $60,037 $69,667
Female Median Income $55,735 $51,390 $56,850
Gender Pay Gap 12.9% 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 Bernalillo County, it is 0.547, 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 15% more than women's income in Bernalillo County, New Mexico. Over a 35-year career, a 15% wage gap accumulates to roughly $289,555 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Bernalillo County, New Mexico has narrowed from about 19% to 13% in 2024. Over that period the gap was widest at 19% in 2010, and was narrowest at 12% in 2023. In dollar terms, the gap has widened by $365 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Bernalillo County New Mexico Avg US Average
Unemployment Rate 5.3% 5.9% 5.2%
Working from Home 14.9% 12.2% 15.0%
Commute time (minutes) 20 18 22

Approximately 18,217 people are unemployed in Bernalillo County, New Mexico.

The average commute time in Bernalillo County is 20 minutes, longer than the 18 minutes in New Mexico.

Unemployment Rate Over Time

Bernalillo County
United States

Since 2011, the unemployment rate in Bernalillo County, New Mexico has fallen from 7.2% to 5.3% in 2024. Over that period the rate peaked at 8.6% in 2014 and fell as low as 5.2% in 2023.

Year Bernalillo County United States

Bernalillo County, NM Wealth Compared With Nearby Counties

Bernalillo County, NM is the largest of the 6 counties compared here, 672,163 residents against a local median of 78,461. Bernalillo County, NM sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.

The largest of those small differences is median household income, 12% below the local median at $69,651 against $79,204. Bernalillo County, NM has the 4th highest median household income of the 6 areas compared here.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Bernalillo County, NM 672,163 $69,651 #4/6 4.5%/yr #4/6 5.3% #4/6 0.547 #4/6
Valencia County, NM 78,461 $59,334 4.5%/yr 6.9% 0.579
Sandoval County, NM 153,584 $85,813 4.7%/yr 5.1% 0.548
Santa Fe County, NM 155,407 $79,204 4.6%/yr 5.2% 0.533
Los Alamos County, NM 19,409 $146,398 4.3%/yr 1.0% 0.467
Torrance County, NM 15,478 $58,548 8.2%/yr 9.0% 0.528

Conclusion

Considering all these factors, Bernalillo County, New Mexico has an overall wealth index grade of C, making it somewhat better than New Mexico, and about on par with the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Bernalillo County, New Mexico.

How Rich Is Bernalillo County, New Mexico?

Bernalillo County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $69,651, about 8% higher than the New Mexico average of $64,523.

How has median household income changed in Bernalillo County, New Mexico?

Between 2009 and 2024, the median household income in Bernalillo County, New Mexico rose 51%, from $46,247 to $69,651. Over the same years, income here kept pace with New Mexico as a whole: +51% against +50%.

What was the median household income in Bernalillo County in 2023?

In 2023, the median household income in Bernalillo County, New Mexico was $66,703, up 7% from $62,103 in 2022. The New Mexico median that year was $62,406.

What was the median household income in Bernalillo County in 2020?

In 2020, the median household income in Bernalillo County, New Mexico was $54,760. By 2024 it had risen 27% to $69,651.

What is the Gini coefficient in Bernalillo County, New Mexico?

The Gini coefficient in Bernalillo County is 0.547. 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 Bernalillo County, New Mexico?

Since 2009, the income gap between men and women in Bernalillo County, New Mexico has narrowed from about 19% to 13% in 2024. Over that period the gap was widest at 19% in 2010, and was narrowest at 12% in 2023. In dollar terms, the gap has widened by $365 since 2009.

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