Las Cruces, New Mexico Income Statistics
Las Cruces 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
Las Cruces Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Las Cruces | New Mexico Avg | US Average |
|---|---|---|---|
| Median Household Income | $51,998 | $64,523 | $80,455 |
| Median Personal Income | $48,122 | $52,404 | $60,758 |
| Average Yearly Income Growth | 4.6% | 4.4% | 4.8% |
| Six-Figure Earners | 7.4% | 10.2% | 13.9% |
| $200k+ Households | 4.4% | 7.8% | 13.2% |
The median household income in Las Cruces is about 19% lower than in New Mexico. Income has been growing faster in Las Cruces (4.6%/yr) than in New Mexico (4.4%/yr).
About 7% of adults in Las Cruces 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 Las Cruces, New Mexico grew by 62.4% from 2009 to 2024, reaching $51,998 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Las Cruces
| Metric | Las Cruces | New Mexico Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.576 | 0.567 | 0.552 |
| Male Median Income | $51,492 | $60,037 | $69,667 |
| Female Median Income | $49,744 | $51,390 | $56,850 |
| Gender Pay Gap | 3.4% | 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 Las Cruces, it is 0.576, 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 4% more than women's income in Las Cruces, New Mexico. Over a 35-year career, a 4% wage gap accumulates to roughly $61,180 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Las Cruces, New Mexico has narrowed from about 16% to 3% in 2024. Over that period the gap was widest at 25% in 2010. In dollar terms, the gap has narrowed by $3,050 since 2009.
Employment
| Metric | Las Cruces | New Mexico Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.2% | 5.9% | 5.2% |
| Working from Home | 10.3% | 12.2% | 15.0% |
| Commute time (minutes) | 16 | 18 | 22 |
Approximately 3,366 people are unemployed in Las Cruces, New Mexico.
The average commute time in Las Cruces is 16 minutes, shorter than the 18 minutes in New Mexico.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Las Cruces, New Mexico has fallen from 9.9% to 7.2% in 2024. Over that period the rate peaked at 12.0% in 2014.
Conclusion
Considering all these factors, Las Cruces, New Mexico has an overall wealth index grade of D, making it somewhat worse than New Mexico, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Las Cruces, New Mexico.
How Rich Is Las Cruces, New Mexico?
Las Cruces 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 $51,998, about 19% lower than the New Mexico average of $64,523.
Are incomes growing in Las Cruces, New Mexico?
Between 2009 and 2024, the median household income in Las Cruces, New Mexico rose 62%, from $32,025 to $51,998. Over the same years, income here outpaced New Mexico as a whole: +62% against +50%.
What was the median household income in Las Cruces in 2023?
In 2023, the median household income in Las Cruces, New Mexico was $51,879, up 10% from $47,374 in 2022. The New Mexico median that year was $62,406.
What was the median household income in Las Cruces in 2020?
In 2020, the median household income in Las Cruces, New Mexico was $42,129. By 2024 it had risen 23% to $51,998.
What is the Gini coefficient in Las Cruces, New Mexico?
The Gini coefficient in Las Cruces is 0.576. 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 Las Cruces, New Mexico?
Since 2009, the income gap between men and women in Las Cruces, New Mexico has narrowed from about 16% to 3% in 2024. Over that period the gap was widest at 25% in 2010. In dollar terms, the gap has narrowed by $3,050 since 2009.
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