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Wagon Mound, NM
Full City Profile · New Mexico · Colfax County County
4.2
/5.0
A
Great
587
Population
581/sq mi density
$41,823
Median Income
$29,888 per capita
$611
Median Rent
15.0% income on rent
53°F
Avg Temperature
330 sunny days/yr
A
Overall
4.2 / 5.0
Strong
B+
Economy
3.8 / 5.0
$41,823 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
B+
Education
3.7 / 5.0
33.3% bachelor's degree or higher
Income Overview
Median Household Income
$41,823
44% below
US avg: $75,149
Per Capita Income
$29,888
23% below
US avg: $39,052
Unemployment Rate
2.5%
31% below
US avg: 3.6%
Poverty Rate
4.2%
66% below
US avg: 12.4%
Income Comparison: Wagon Mound vs. U.S. Average
Each bar shows Wagon Mound’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$41,823
56%
Per Capita
US: $39,052
$29,888
77%
IRS Avg AGI
US: $72,000
$54,385
76%
Avg Weekly Wage
US: $1,432
$848
59%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$848
41% below US avg ($1,432)
Mean Commute Time
21 min
22% below US avg (28 min)
Work From Home
2.6%
83% below US avg (15.2%)
Drive Alone
41.4%
43% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$623M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
41.4%
Public Transit
0%
Work From Home
2.6%
Other
56%
Average commute time
21 minutes
US avg: 28 min
Business Landscape
Total Establishments
550
Restaurants
70
Healthcare
29
Retail
67
Manufacturing
14
Tax & Financial
IRS Avg Adjusted Gross Income
$54,385
24% below US avg ($72,000)
Avg Property Tax
$3,431
2% 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 | $41,823 |
| Per Capita Income | $29,888 |
| IRS Avg Adjusted Gross Income | $54,385 |
| Avg Weekly Wage | $848 |
| County GDP | $623M |
Hardship Indicators
| Unemployment Rate | 2.5% |
| Poverty Rate | 4.2% |
| Gini Coefficient | 0.417 |
| Cost of Living Index | 92.2 |
Commute
| Mean Commute | 21 minutes |
| Drive Alone | 41.4% |
| Public Transit | 0.0% |
| Work From Home | 2.6% |
Businesses
| Total Establishments | 550 |
| Restaurants | 70 |
| Healthcare | 29 |
| Retail | 67 |
| Manufacturing | 14 |
Tax
| IRS Avg AGI | $54,385 |
| Avg Property Tax | $3,431 |