Roswell, New Mexico Income Statistics
Roswell 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
Roswell Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Roswell | New Mexico Avg | US Average |
|---|---|---|---|
| Median Household Income | $50,434 | $64,523 | $80,455 |
| Median Personal Income | $41,906 | $52,404 | $60,758 |
| Average Yearly Income Growth | 2.5% | 4.4% | 4.8% |
| Six-Figure Earners | 6.4% | 10.2% | 13.9% |
| $200k+ Households | 4.1% | 7.8% | 13.2% |
The median household income in Roswell is about 22% lower than in New Mexico. Income has been growing slower in Roswell (2.5%/yr) than in New Mexico (4.4%/yr).
About 6% of adults in Roswell 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 Roswell, New Mexico grew by 46.8% from 2009 to 2024, reaching $50,434 in 2024. That's an average of about 2.5% per year.
Income Inequality and the Gender Pay Gap in Roswell
| Metric | Roswell | New Mexico Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.589 | 0.567 | 0.552 |
| Male Median Income | $50,213 | $60,037 | $69,667 |
| Female Median Income | $40,732 | $51,390 | $56,850 |
| Gender Pay Gap | 18.9% | 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 Roswell, it is 0.589, 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 23% more than women's income in Roswell, New Mexico. Over a 35-year career, a 23% wage gap accumulates to roughly $331,835 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Roswell, New Mexico has narrowed from about 31% to 19% in 2024. Over that period the gap was narrowest at 14% in 2017. In dollar terms, the gap has narrowed by $1,953 since 2009.
Employment
| Metric | Roswell | New Mexico Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.5% | 5.9% | 5.2% |
| Working from Home | 5.5% | 12.2% | 15.0% |
| Commute time (minutes) | 13 | 18 | 22 |
Approximately 728 people are unemployed in Roswell, New Mexico.
The average commute time in Roswell is 13 minutes, shorter than the 18 minutes in New Mexico.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Roswell, New Mexico has fallen from 5.8% to 5.5% in 2024. Over that period the rate peaked at 7.2% in 2015 and fell as low as 5.0% in 2019.
Conclusion
Considering all these factors, Roswell, 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 Roswell, New Mexico.
How Rich Is Roswell, New Mexico?
Roswell 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 $50,434, about 22% lower than the New Mexico average of $64,523.
How has median household income changed in Roswell, New Mexico?
Between 2009 and 2024, the median household income in Roswell, New Mexico rose 47%, from $34,344 to $50,434. Over the same years, income here lagged behind New Mexico as a whole: +47% against +50%.
What was the median household income in Roswell in 2023?
In 2023, the median household income in Roswell, New Mexico was $50,087, up 6% from $47,341 in 2022. The New Mexico median that year was $62,406.
What was the median household income in Roswell in 2020?
In 2020, the median household income in Roswell, New Mexico was $44,688. By 2024 it had risen 13% to $50,434.
What is the Gini coefficient in Roswell, New Mexico?
The Gini coefficient in Roswell is 0.589. 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 Roswell, New Mexico?
Since 2009, the income gap between men and women in Roswell, New Mexico has narrowed from about 31% to 19% in 2024. Over that period the gap was narrowest at 14% in 2017. In dollar terms, the gap has narrowed by $1,953 since 2009.
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