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Folsom, NM
Full City Profile · New Mexico · Union County County
3.0
/5.0
B
Good
56
Population
86/sq mi density
$93,750
Median Income
$15,102 per capita
49°F
Avg Temperature
330 sunny days/yr
62
Violent Crime/100K
3,300 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$93,750 median income, 0.0% unemployment
F
Safety
1.0 / 5.0
62 violent crimes/100K
B
Education
3.1 / 5.0
25.9% bachelor's degree or higher
Income Overview
Median Household Income
$93,750
25% above
US avg: $75,149
Per Capita Income
$15,102
61% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Folsom vs. U.S. Average
Each bar shows Folsom’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$93,750
125%
Per Capita
US: $39,052
$15,102
39%
IRS Avg AGI
US: $72,000
$44,577
62%
Avg Weekly Wage
US: $1,432
$893
62%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$893
38% below US avg ($1,432)
Work From Home
31.3%
106% above US avg (15.2%)
Drive Alone
68.8%
6% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$178M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
68.8%
Public Transit
0%
Work From Home
31.3%
Business Landscape
Total Establishments
182
Restaurants
10
Healthcare
6
Retail
19
Tax & Financial
IRS Avg Adjusted Gross Income
$44,577
38% below US avg ($72,000)
Avg Property Tax
$1,300
63% 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 | $93,750 |
| Per Capita Income | $15,102 |
| IRS Avg Adjusted Gross Income | $44,577 |
| Avg Weekly Wage | $893 |
| County GDP | $178M |
Hardship Indicators
| Unemployment Rate | 0.0% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.412 |
| Cost of Living Index | 92.2 |
Commute
| Drive Alone | 68.8% |
| Public Transit | 0.0% |
| Work From Home | 31.3% |
Businesses
| Total Establishments | 182 |
| Restaurants | 10 |
| Healthcare | 6 |
| Retail | 19 |
Tax
| IRS Avg AGI | $44,577 |
| Avg Property Tax | $1,300 |