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Corona, NM

Full City Profile · New Mexico · Torrance County County

3.2 /5.0
B Good
167 Population 162/sq mi density
$28,542 Median Income $26,622 per capita
$85,600 Home Value $152,756 Zillow
53°F Avg Temperature 330 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$28,542 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$85,600 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.3 / 5.0
16.4% bachelor's degree or higher

Income Overview

Median Household Income
$28,542
62% below
US avg: $75,149
Per Capita Income
$26,622
32% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
20.5%
65% above
US avg: 12.4%

Income Comparison: Corona vs. U.S. Average

Each bar shows Corona’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$28,542
38%
Per Capita
US: $39,052
$26,622
68%
IRS Avg AGI
US: $72,000
$46,497
65%
Avg Weekly Wage
US: $1,432
$989
69%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$989
31% below US avg ($1,432)
Mean Commute Time
19 min
32% below US avg (28 min)
Work From Home
38.6%
154% above US avg (15.2%)
Drive Alone
31.6%
57% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$881M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 31.6%
Public Transit 0%
Work From Home 38.6%
Other 29.8%
Average commute time
19 minutes
US avg: 28 min

Business Landscape

Total Establishments
368
Restaurants
21
Healthcare
17
Retail
42
Manufacturing
11

Tax & Financial

IRS Avg Adjusted Gross Income
$46,497
35% below US avg ($72,000)
Avg Property Tax
$2,533
28% below US avg ($3,500)
Cost of Living Index
92.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$28,542
Per Capita Income$26,622
IRS Avg Adjusted Gross Income$46,497
Avg Weekly Wage$989
County GDP$881M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate20.5%
Gini Coefficient0.420
Cost of Living Index92.2

Commute

Mean Commute19 minutes
Drive Alone31.6%
Public Transit0.0%
Work From Home38.6%

Businesses

Total Establishments368
Restaurants21
Healthcare17
Retail42
Manufacturing11

Tax

IRS Avg AGI$46,497
Avg Property Tax$2,533