Wealth Index
The wealth index reflects the overall economic prosperity and financial well-being of a state's residents based on income levels, employment rates, and income inequality metrics.
C
Income Statistics Overview
| Metric | New Mexico | US Average |
|---|---|---|
| Median Household Income | $62,378 | $78,145 |
| Median Personal Income | $62,378 | $78,145 |
| Average income growth | 4.6% | 5.1% |
Household Income Trend
Median Household Income Over Time
New Mexico
United States
Economic Inequality in New Mexico | Gender Pay Gap | Gini Index
| Metric | New Mexico | US Average |
|---|---|---|
| Gini Index | 0.582 | 0.570 |
| Male Median Income | $58,181 | $67,746 |
| Female Median Income | $48,923 | $54,793 |
| Gender Pay Gap | 15.9% | 19.1% |
Income by Sex Over Time
Male
Female
Employment
| Metric | New Mexico | US Average |
|---|---|---|
| Unemployment Rate | 5.9% | 5.2% |
| Working from Home | 11.0% | 13.4% |
| Commute time (minutes) | 18 | 22 |
Unemployment Rate Over Time
New Mexico
United States