Corrales, Santa Fe, Bosque Farms: These cities aren’t just some of the best places to live in New Mexico. They are also home to some of the richest people in the Land of Enchantment.
Corrales in particular houses the richest residents in the state thanks, in part, to a median household income of $102,307 and a ridiculously low poverty rate of 7.039943774159541%.
If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in New Mexico share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.
How did we come up with these mega wealthy cities? We analyzed Census data from the 2020-2024 American Community Survey for the 37 places in New Mexico with more than 3,000 people.
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Richest Places In New Mexico For 2026
For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in New Mexico.
Rich people not your cup of tea? Feel free to check out some more reading about New Mexico:
The 10 Richest Cities In New Mexico For 2026
1. Corrales
/10
Population: 8,555
Median Income: $102,307
Median Home Values: $703,888
More on Corrales: Data | Crime | Cost Of Living | Movers
2. Santa Fe
/10
Population: 89,019
Median Income: $73,482
Median Home Values: $580,021
More on Santa Fe: Data | Cost Of Living | Movers
3. Bosque Farms
/10
4. Los Ranchos de Albuquerque
/10
Population: 5,857
Median Income: $72,992
Median Home Values: $705,207
More on Los Ranchos De Albuquerque: Data | Cost Of Living | Movers
5. Edgewood
/10
Population: 6,124
Median Income: $84,761
Median Home Values: $382,908
More on Edgewood: Data | Crime | Cost Of Living | Movers
6. Rio Rancho
/10
Population: 108,515
Median Income: $89,596
Median Home Values: $361,856
More on Rio Rancho: Data | Crime | Cost Of Living | Movers
7. Peralta
/10
8. Albuquerque
/10
Population: 562,218
Median Income: $68,317
Median Home Values: $344,457
More on Albuquerque: Data | Crime | Cost Of Living | Movers
9. Bernalillo
/10
Population: 9,086
Median Income: $63,880
Median Home Values: $347,986
More on Bernalillo: Data | Crime | Cost Of Living | Movers
10. Artesia
/10
Population: 12,576
Median Income: $74,915
Median Home Values: $245,539
More on Artesia: Data | Crime | Cost Of Living | Movers
Methodology: How We Determined The Richest Places In New Mexico For 2026
The first thing that comes to most people’s minds when they think about determining the richest places is simply identifying personal incomes. After all, rich people have really high salaries.
However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places.” So we looked at this set of criteria from the newly released 2020-2024 American Community Survey and applied Saturday Night Science:
- Median Home Values
- Median Household Income
Median household income is the most digestible way to understand how rich a place is. And home values are a measure of wealth. The two combine to define a “Rich City.”
After we collected the data for all 37 places with more than 3,000 people in New Mexico, we ranked each place from 1 to 37 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a “Rich Score,” with the place having the lowest overall Rich Score, Corrales, crowned the “Richest City In New Mexico For 2026.”
The data has been updated for 2026. This is our eleventh time ranking the wealthiest cities in New Mexico.
You can skip to the end to see the rankings for all 37 places.
Summary: The Wealthiest Places In New Mexico For 2026
Like we said earlier, when we set out to identify the richest places in New Mexico, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in New Mexico.
The richest cities in New Mexico are Corrales, Santa Fe, Bosque Farms, Los Ranchos de Albuquerque, Edgewood, Rio Rancho, Peralta, Albuquerque, Bernalillo, and Artesia.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you’re curious enough, here are the poorest cities in New Mexico, according to data:
Poorest: Tucumcari
2nd Poorest: Truth or Consequences
3rd Poorest: Deming
For more New Mexico reading, check out:
- Most Dangerous Cities In New Mexico
- Best Places To Raise A Family In New Mexico
- Safest Places In New Mexico
Detailed List Of The Richest Cities In New Mexico
| Rank | City | RichScore | Median Income | Average Home Price |
|---|---|---|---|---|
| 1 | Corrales | 1.5 | $102,307 | $703,888 |
| 2 | Santa Fe | 4.5 | $73,482 | $580,021 |
| 3 | Bosque Farms | 4.5 | $82,188 | $429,396 |
| 4 | Los Ranchos De Albuquerque | 4.5 | $72,992 | $705,207 |
| 5 | Edgewood | 5.0 | $84,761 | $382,908 |
| 6 | Rio Rancho | 5.0 | $89,596 | $361,856 |
| 7 | Peralta | 6.5 | $73,131 | $404,893 |
| 8 | Albuquerque | 11.0 | $68,317 | $344,457 |
| 9 | Bernalillo | 11.5 | $63,880 | $347,986 |
| 10 | Artesia | 12.0 | $74,915 | $245,539 |
| 11 | Farmington | 12.5 | $68,784 | $276,499 |
| 12 | Carlsbad | 13.5 | $72,306 | $251,561 |
| 13 | Los Lunas | 14.0 | $62,330 | $324,073 |
| 14 | Taos | 15.5 | $47,304 | $439,303 |
| 15 | Ruidoso | 16.0 | $52,736 | $332,549 |
| 16 | Las Cruces | 16.0 | $55,422 | $290,022 |
| 17 | Sunland Park | 19.0 | $62,814 | $223,741 |
| 18 | Lovington | 19.0 | $68,821 | $174,978 |
| 19 | Hobbs | 19.5 | $64,021 | $207,135 |
| 20 | Gallup | 21.0 | $58,303 | $219,327 |
| 21 | Alamogordo | 21.0 | $55,952 | $223,172 |
| 22 | Bloomfield | 21.5 | $48,472 | $252,907 |
| 23 | Belen | 23.0 | $42,627 | $266,791 |
| 24 | Aztec | 23.0 | $41,977 | $274,928 |
| 25 | Las Vegas | 24.5 | $45,125 | $241,426 |
| 26 | Clovis | 25.5 | $54,820 | $161,214 |
| 27 | Roswell | 26.0 | $51,583 | $173,066 |
| 28 | Raton | 27.5 | $52,641 | $152,896 |
| 29 | Silver City | 27.5 | $38,711 | $225,704 |
| 30 | Anthony | 27.5 | $38,132 | $235,805 |
| 31 | Socorro | 29.5 | $39,375 | $190,942 |
| 32 | Eunice | 30.0 | $49,087 | $144,482 |
| 33 | Grants | 30.0 | $47,183 | $154,827 |
| 34 | Portales | 30.0 | $50,555 | $134,843 |
| 35 | Deming | 32.5 | $34,165 | $163,668 |
| 36 | Truth Or Consequences | 35.0 | $33,788 | $152,062 |
| 37 | Tucumcari | 37.0 | $31,844 | $83,368 |