Harding County, New Mexico Income Statistics
Harding 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.
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D
Harding County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Harding County | New Mexico Avg | US Average |
|---|---|---|---|
| Median Household Income | $47,500 | $64,523 | $80,455 |
| Median Personal Income | $64,621 | $52,404 | $60,758 |
| Average Yearly Income Growth | 4.8% | 4.4% | 4.8% |
| Six-Figure Earners | 9.1% | 10.2% | 13.9% |
| $200k+ Households | 12.6% | 7.8% | 13.2% |
The median household income in Harding County is about 26% lower than in New Mexico. Income has been growing faster in Harding County (4.8%/yr) than in New Mexico (4.4%/yr).
About 9% of adults in Harding County 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 Harding County, New Mexico grew by 52.9% from 2009 to 2024, reaching $47,500 in 2024. That's an average of about 4.8% per year.
Income Inequality and the Gender Pay Gap in Harding County
| Metric | Harding County | New Mexico Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.592 | 0.567 | 0.552 |
| Male Median Income | $91,070 | $60,037 | $69,667 |
| Female Median Income | $67,072 | $51,390 | $56,850 |
| Gender Pay Gap | 26.4% | 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 Harding County, it is 0.592, higher than New Mexico's 0.567, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 36% more than women's income in Harding County, New Mexico. Over a 35-year career, a 36% wage gap accumulates to roughly $839,930 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Harding County, New Mexico has widened from about 21% to 26% in 2024. Over that period the gap was widest at 34% in 2013, and in 2020 women out-earned men by 38%. In dollar terms, the gap has widened by $15,642 since 2009.
Sharply against the trend: the pay gap in Harding County widened by 4.9 points while New Mexico's narrowed by 8.9 points.
Employment
| Metric | Harding County | New Mexico Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 15.2% | 5.9% | 5.2% |
| Working from Home | 2.8% | 12.2% | 15.0% |
| Commute time (minutes) | 11 | 18 | 22 |
Approximately 45 people are unemployed in Harding County, New Mexico.
The average commute time in Harding County is 11 minutes, shorter than the 18 minutes in New Mexico.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Harding County, New Mexico has risen from 8.4% to 15.2% in 2024. Over that period the rate fell as low as 1.1% in 2019.
Harding County, NM Wealth Compared With Nearby Counties
Harding County, NM is the smallest of the 6 counties compared here, 741 residents against a local median of 8,564. Harding County, NM's unemployment, at 15.2%, runs 216% above the 4.8% typical of the counties around it. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 4.8%/yr against a local median of 6.4%/yr, 25% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Harding County, NM reads weaker than its neighbours on all of them. The counties themselves sit within 3.7% of each other on unemployment, a tighter band than the gap between any of them and Harding County, NM, which makes it a genuine outlier here rather than one end of a wide local spread. Harding County, NM has the 6th lowest unemployment 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. |
|---|---|---|---|---|---|
| Harding County, NM | 741 | $47,500 #5/6 | 4.8%/yr #5/6 | 15.2% #6/6 | 0.592 #5/6 |
| Union County, NM | 4,013 | $47,763 | 3.4%/yr | 6.2% | 0.619 |
| Quay County, NM | 8,564 | $43,704 | 5.5%/yr | 7.4% | 0.548 |
| San Miguel County, NM | 26,850 | $49,173 | 7.7%/yr | 4.8% | 0.547 |
| Colfax County, NM | 12,320 | $54,144 | 6.4%/yr | 3.8% | 0.553 |
| Mora County, NM | 4,149 | $54,333 | 13.5%/yr | 3.8% | 0.521 |
Conclusion
Considering all these factors, Harding County, 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 Harding County, New Mexico.
How Rich Is Harding County, New Mexico?
Harding County 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 $47,500, about 26% lower than the New Mexico average of $64,523.
Are incomes growing in Harding County, New Mexico?
Between 2009 and 2024, the median household income in Harding County, New Mexico rose 53%, from $31,059 to $47,500. Over the same years, income here outpaced New Mexico as a whole: +53% against +50%.
What was the median household income in Harding County in 2023?
In 2023, the median household income in Harding County, New Mexico was $42,500, up 8% from $39,249 in 2022. The New Mexico median that year was $62,406.
What was the median household income in Harding County in 2020?
In 2020, the median household income in Harding County, New Mexico was $33,928. By 2024 it had risen 40% to $47,500.
Is unemployment high in Harding County, New Mexico?
Unemployment in Harding County, New Mexico is 15.2%, well above the New Mexico rate of 5.9%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Harding County, New Mexico?
The Gini coefficient in Harding County is 0.592. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Harding County, New Mexico?
Since 2009, the income gap between men and women in Harding County, New Mexico has widened from about 21% to 26% in 2024. Over that period the gap was widest at 34% in 2013, and in 2020 women out-earned men by 38%. In dollar terms, the gap has widened by $15,642 since 2009.
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