McKinley County, New Mexico Income Statistics
McKinley 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
McKinley County Well below averageAmong the 3 least wealthy counties in New Mexico
Source: Map AI Methodology
Income Statistics Overview
| Metric | McKinley County | New Mexico Avg | US Average |
|---|---|---|---|
| Median Household Income | $47,335 | $64,523 | $80,455 |
| Median Personal Income | $40,663 | $52,404 | $60,758 |
| Average Yearly Income Growth | 6.2% | 4.4% | 4.8% |
| Six-Figure Earners | 4.2% | 10.2% | 13.9% |
| $200k+ Households | 3.9% | 7.8% | 13.2% |
The median household income in McKinley County is about 27% lower than in New Mexico. Income has been growing faster in McKinley County (6.2%/yr) than in New Mexico (4.4%/yr).
About 4% of adults in McKinley 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 McKinley County, New Mexico grew by 46.7% from 2009 to 2024, reaching $47,335 in 2024. That's an average of about 6.2% per year.
Income Inequality and the Gender Pay Gap in McKinley County
| Metric | McKinley County | New Mexico Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.638 | 0.567 | 0.552 |
| Male Median Income | $46,847 | $60,037 | $69,667 |
| Female Median Income | $42,196 | $51,390 | $56,850 |
| Gender Pay Gap | 9.9% | 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 McKinley County, it is 0.638, 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 11% more than women's income in McKinley County, New Mexico. Over a 35-year career, a 11% wage gap accumulates to roughly $162,785 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in McKinley County, New Mexico has narrowed from about 29% to 10% in 2024. Over that period the gap was narrowest at 5% in 2023. In dollar terms, the gap has narrowed by $5,096 since 2009.
Employment
| Metric | McKinley County | New Mexico Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 9.0% | 5.9% | 5.2% |
| Working from Home | 8.9% | 12.2% | 15.0% |
| Commute time (minutes) | 20 | 18 | 22 |
Approximately 2,348 people are unemployed in McKinley County, New Mexico.
The average commute time in McKinley County is 20 minutes, longer than the 18 minutes in New Mexico.
Unemployment Rate Over Time
Since 2011, the unemployment rate in McKinley County, New Mexico has fallen from 10.2% to 9.0% in 2024. Over that period the rate peaked at 16.1% in 2017.
McKinley County, NM Wealth Compared With Nearby Counties
McKinley County, NM is typical in size for this group, 70,433 residents against a local median of 65,339, so the measures below are close to a like for like comparison. The measure that sets McKinley County, NM apart most is income growth: 6.2%/yr, 60% above the local median of 3.9%/yr. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 9.0% against a local median of 7.3%, 24% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so McKinley County, NM is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 2.7%/yr on income growth, so McKinley County, NM sits at one end of an already wide local range rather than apart from it. McKinley County, NM has the highest income growth 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. |
|---|---|---|---|---|---|
| McKinley County, NM | 70,433 | $47,335 #5/6 | 6.2%/yr #1/6 | 9.0% #4/6 | 0.638 #5/6 |
| Cibola County, NM | 26,844 | $50,436 | 4.2%/yr | 10.5% | 0.611 |
| San Juan County, NM | 121,321 | $56,522 | 2.0%/yr | 7.3% | 0.595 |
| Apache County, AZ | 65,339 | $41,393 | 3.1%/yr | 10.7% | 0.651 |
| Sandoval County, NM | 153,584 | $85,813 | 4.7%/yr | 5.1% | 0.548 |
| Catron County, NM | 3,743 | $49,812 | 3.9%/yr | 4.2% | 0.469 |
Conclusion
Considering all these factors, McKinley County, 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 McKinley County, New Mexico.
How Rich Is McKinley County, New Mexico?
McKinley 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 $47,335, about 27% lower than the New Mexico average of $64,523.
How fast is household income rising in McKinley County, New Mexico?
Between 2009 and 2024, the median household income in McKinley County, New Mexico rose 47%, from $32,271 to $47,335. Over the same years, income here lagged behind New Mexico as a whole: +47% against +50%.
What was the median household income in McKinley County in 2023?
In 2023, the median household income in McKinley County, New Mexico was $44,475, up 1% from $44,078 in 2022. The New Mexico median that year was $62,406.
What was the median household income in McKinley County in 2020?
In 2020, the median household income in McKinley County, New Mexico was $36,449. By 2024 it had risen 30% to $47,335.
How strong is the job market in McKinley County, New Mexico?
Unemployment in McKinley County, New Mexico is 9.0%, well above the New Mexico rate of 5.9%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in McKinley County, New Mexico?
The Gini coefficient in McKinley County is 0.638. 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 McKinley County, New Mexico?
Since 2009, the income gap between men and women in McKinley County, New Mexico has narrowed from about 29% to 10% in 2024. Over that period the gap was narrowest at 5% in 2023. In dollar terms, the gap has narrowed by $5,096 since 2009.
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