What is the median household income in Algodones, NM?
The median household income in Algodones, NM is $67,994 (±$12,616) a year (2020–2024 American Community Survey).
In Algodones, the median household income went from $42,283 in 2015–2019 to $67,994 in 2020–2024 (+60.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $67,994 (±$12,616)
Income in Algodones against Sandoval County, its state and the nation
| Algodones | Sandoval County | New Mexico | United States | |
|---|---|---|---|---|
| Median household income | $67,994 (±$12,616) | $86,636 (±$3,118) | $64,059 (±$808) | $80,734 |
| Median renter household income | — | $60,239 (±$7,599) | $40,497 (±$955) | $52,966 |
| Median owner household income | $69,172 (±$5,239) | $92,751 (±$2,896) | $77,401 (±$970) | $100,009 |
| Median gross rent | — | $1,427 (±$37) | $1,067 (±$11) | $1,413 |
In Algodones, median household income is lower than in Sandoval County ($86,636).
It is not measurably different from New Mexico ($64,059).
It is lower than the national figure ($80,734).
In Sandoval County, Algodones ranks 7 of 11 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 63 of 188.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $42,283 (±$11,043) | $67,994 (±$12,616) | +60.8% | No measurable change after inflation |
| Median home value | $289,200 (±$38,972) | $234,800 (±$46,548) | −18.8% | Down after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Algodones
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Algodones | — | $67,994 (±$12,616) | — |
| Santa Ana Pueblo | 2.0 mi | $86,250 (±$22,389) | Not measurably different |
| Placitas | 4.2 mi | $109,750 (±$27,393) | Higher |
| Bernalillo | 5.5 mi | $63,880 (±$6,165) | Not measurably different |
| Corrales | 12 mi | $102,307 (±$18,244) | Higher |
| Santo Domingo Pueblo | 13 mi | $57,375 (±$28,483) | Not measurably different |
| Rio Rancho | 13 mi | $89,596 (±$3,533) | Higher |
| Sandia Heights | 14 mi | $143,646 (±$19,520) | Higher |
| North Valley | 16 mi | $61,498 (±$7,047) | Not measurably different |
Nearby places with a measurably higher figure: Placitas, NM ($109,750), Corrales, NM ($102,307), Rio Rancho, NM ($89,596).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Sandoval County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Placitas | $109,750 (±$27,393) |
| 2 | Corrales | $102,307 (±$18,244) |
| 3 | Rio Rancho Estates | $91,635 (±$49,974) |
| 4 | Rio Rancho | $89,596 (±$3,533) |
| 5 | Jemez Springs | $87,917 (±$57,356) |
| 6 | Santa Ana Pueblo | $86,250 (±$22,389) |
| 7 | Algodones | $67,994 (±$12,616) |
| 8 | Bernalillo | $63,880 (±$6,165) |
| 9 | Cuba | $58,750 (±$46,069) |
| 10 | Santo Domingo Pueblo | $57,375 (±$28,483) |
| 11 | Jemez Pueblo | $55,551 (±$17,133) |
Algodones is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Algodones
What is the median household income in Algodones?
The median household income in Algodones is $67,994 (±$12,616) a year (2020–2024 American Community Survey).
Have incomes in Algodones kept up with inflation?
In Algodones, the median household income went from $42,283 in 2015–2019 to $67,994 in 2020–2024 (+60.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Algodones CDP, New Mexico
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Algodones CDP, New Mexico
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Algodones CDP, New Mexico
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Algodones CDP, New Mexico
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Algodones CDP, New Mexico
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Algodones CDP, New Mexico
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Algodones CDP, New Mexico (place:02210, in state:35).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Algodones at a glance
- Home values in Algodones
- Homeowner costs in Algodones
- Property taxes in Algodones
- Types of homes in Algodones
- Age of homes in Algodones
- Heating fuel in Algodones
- Commute and cars in Algodones
- Population growth in Algodones
- New Mexico landlord and tenant rules
- Housing across Sandoval County
- New Mexico places ranked by median household income
- Housing data for every place in New Mexico