Mora County, New Mexico Income Statistics
Mora 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
Mora County Well below averageAmong the 5 least wealthy counties in New Mexico
Source: Map AI Methodology
Income Statistics Overview
| Metric | Mora County | New Mexico Avg | US Average |
|---|---|---|---|
| Median Household Income | $54,333 | $64,523 | $80,455 |
| Median Personal Income | $51,382 | $52,404 | $60,758 |
| Average Yearly Income Growth | 13.5% | 4.4% | 4.8% |
| Six-Figure Earners | 6.4% | 10.2% | 13.9% |
| $200k+ Households | 4.0% | 7.8% | 13.2% |
The median household income in Mora County is about 16% lower than in New Mexico. Income has been growing faster in Mora County (13.5%/yr) than in New Mexico (4.4%/yr).
About 6% of adults in Mora 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 Mora County, New Mexico grew by 60.1% from 2009 to 2024, reaching $54,333 in 2024. That's an average of about 13.5% per year.
Income Inequality and the Gender Pay Gap in Mora County
| Metric | Mora County | New Mexico Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.521 | 0.567 | 0.552 |
| Male Median Income | $51,725 | $60,037 | $69,667 |
| Female Median Income | $53,688 | $51,390 | $56,850 |
| Gender Pay Gap | -3.8% | 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 Mora County, it is 0.521, 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.
Women's income is about 4% more than men's income in Mora County, New Mexico. Over a 35-year career, a 4% wage gap accumulates to roughly $68,705 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Mora County, New Mexico has narrowed from about -18% to -4% in 2024. Over that period the gap was widest at 48% in 2018, and in 2015 women out-earned men by 23%. In dollar terms, the gap has widened by $4,292 since 2009.
Sharply against the trend: the pay gap in Mora County widened by 13.8 points while New Mexico's narrowed by 8.9 points.
Employment
| Metric | Mora County | New Mexico Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.8% | 5.9% | 5.2% |
| Working from Home | 8.6% | 12.2% | 15.0% |
| Commute time (minutes) | 30 | 18 | 22 |
Approximately 62 people are unemployed in Mora County, New Mexico.
The average commute time in Mora County is 30 minutes, longer than the 18 minutes in New Mexico.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Mora County, New Mexico has risen from 2.9% to 3.8% in 2024. Over that period the rate peaked at 13.1% in 2021.
Mora County, NM Wealth Compared With Nearby Counties
Mora County, NM is the 5th largest of the 6 counties compared here, 4,149 residents against a local median of 26,850. Mora County, NM's income growth, at 13.5%/yr, runs 111% above the 6.4%/yr typical of the counties around it. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 3.8% against a local median of 5.2%, 28% below it. Every measure here with a clear better direction points the same way, so Mora County, NM is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves sit within 3.2%/yr of each other on income growth, a tighter band than the gap between any of them and Mora County, NM, which makes it a genuine outlier here rather than one end of a wide local spread. Mora 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. |
|---|---|---|---|---|---|
| Mora County, NM | 4,149 | $54,333 #3/6 | 13.5%/yr #1/6 | 3.8% #2/6 | 0.521 #1/6 |
| 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 |
| Taos County, NM | 34,542 | $59,024 | 6.7%/yr | 7.6% | 0.535 |
| Harding County, NM | 741 | $47,500 | 4.8%/yr | 15.2% | 0.592 |
| Santa Fe County, NM | 155,407 | $79,204 | 4.6%/yr | 5.2% | 0.533 |
Conclusion
Considering all these factors, Mora 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 Mora County, New Mexico.
How Rich Is Mora County, New Mexico?
Mora 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 $54,333, about 16% lower than the New Mexico average of $64,523.
How has median household income changed in Mora County, New Mexico?
Between 2009 and 2024, the median household income in Mora County, New Mexico rose 60%, from $33,932 to $54,333. Over the same years, income here outpaced New Mexico as a whole: +60% against +50%.
What was the median household income in Mora County in 2023?
In 2023, the median household income in Mora County, New Mexico was $50,561, up 25% from $40,397 in 2022. The New Mexico median that year was $62,406.
What was the median household income in Mora County in 2020?
In 2020, the median household income in Mora County, New Mexico was $29,277. By 2024 it had risen 86% to $54,333.
How strong is the job market in Mora County, New Mexico?
Unemployment in Mora County, New Mexico is only 3.8%, well below the New Mexico rate of 5.9%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Mora County, New Mexico?
The Gini coefficient in Mora County is 0.521. 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 Mora County, New Mexico?
Since 2009, the income gap between men and women in Mora County, New Mexico has narrowed from about -18% to -4% in 2024. Over that period the gap was widest at 48% in 2018, and in 2015 women out-earned men by 23%. In dollar terms, the gap has widened by $4,292 since 2009.
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