The 10 Richest Cities In New Mexico For 2026

The richest cities in New Mexico are Corrales and Santa Fe for 2026 based on Saturday Night Science.

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 7.0%.

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.

1

No. 1 richest place in New Mexico

Corrales, NM

8,555 peopleSnackAbility 7/10
7/10
Corrales, NM
Source: Wikipedia User Chris English | CC BY-SA 3.0
$102,307 median income · 7.0% poverty · #1 income in New Mexico
Map of Corrales within New Mexico Located in Sandoval County, New Mexico
Median income +60% vs NM
$102,307
NM $64k
Median home value +122% vs NM
$703,889
NM $317k
Poverty rate -61% vs NM
7.0%
NM 17.8%
Unemployment +5% vs NM
6.3%
NM 6.0%

Corrales is a village in Sandoval County, New Mexico, United States. The population was 8,329 at the 2010 Census. With proximity to the Rio Grande, the village was founded for agricultural purposes. The Rio Grande Bosque on the eastern edge of the village provides refuge for native animals and plants. The village fights hard to maintain its rural character in light of being surrounded by the rapidly expanding cities of Rio Rancho and Albuquerque.

2

No. 2 richest place in New Mexico

Santa Fe, NM

89,019 peopleSnackAbility 7/10up 1
7/10
Santa Fe, NM
Source: Wikipedia User Asaavedra32 | CC BY-SA 3.0
$73,482 median income · 12.9% poverty · #6 income in New Mexico
Map of Santa Fe within New Mexico Located in Santa Fe County, New Mexico
Median income +15% vs NM
$73,482
NM $64k
Median home value +83% vs NM
$580,022
NM $317k
Poverty rate -28% vs NM
12.9%
NM 17.8%
Unemployment -15% vs NM
5.1%
NM 6.0%

Santa Fe is the capital of the state of New Mexico. It is the fourth-largest city in the state and the seat of Santa Fe County.

3

No. 3 richest place in New Mexico

Bosque Farms, NM

4,071 peopleSnackAbility 6/10up 4
6/10
Bosque Farms, NM
Source: Wikipedia User John Phelan | CC BY-SA 3.0
$82,188 median income · 17.0% poverty · #4 income in New Mexico
Located in Valencia County, New Mexico
Median income +28% vs NM
$82,188
NM $64k
Median home value +36% vs NM
$429,396
NM $317k
Poverty rate -4% vs NM
17.0%
NM 17.8%
Unemployment -2% vs NM
5.9%
NM 6.0%
4

No. 4 richest place in New Mexico

Los Ranchos de Albuquerque, NM

5,857 peopleSnackAbility 7.5/10down 2
7.5/10
Los Ranchos De Albuquerque, NM
Source: Wikipedia User John Phelan | CC BY 3.0
$72,992 median income · 8.8% poverty · #8 income in New Mexico
Map of Los Ranchos de Albuquerque within New Mexico Located in Bernalillo County, New Mexico
Median income +14% vs NM
$72,992
NM $64k
Median home value +123% vs NM
$705,207
NM $317k
Poverty rate -51% vs NM
8.8%
NM 17.8%
Unemployment -87% vs NM
0.8%
NM 6.0%
5

No. 5 richest place in New Mexico

Edgewood, NM

6,124 peopleSnackAbility 6/10down 1
6/10
Edgewood, NM
Source: Public domain
$84,761 median income · 8.3% poverty · #3 income in New Mexico
Located in Santa Fe County, New Mexico
Median income +32% vs NM
$84,761
NM $64k
Median home value +21% vs NM
$382,908
NM $317k
Poverty rate -53% vs NM
8.3%
NM 17.8%
Unemployment -15% vs NM
5.1%
NM 6.0%
6

No. 6 richest place in New Mexico

Rio Rancho, NM

108,515 peopleSnackAbility 6/10down 1
6/10
Rio Rancho, NM
Source: Public domain
$89,596 median income · 7.4% poverty · #2 income in New Mexico
Map of Rio Rancho within New Mexico Located in Sandoval County, New Mexico
Median income +40% vs NM
$89,596
NM $64k
Median home value +14% vs NM
$361,856
NM $317k
Poverty rate -58% vs NM
7.4%
NM 17.8%
Unemployment -23% vs NM
4.6%
NM 6.0%

Rio Rancho is the largest city and economic hub of Sandoval County in the U.S. state of New Mexico. A small portion of the city extends into northern Bernalillo County. It is the third-largest and also one of the fastest expanding cities in New Mexico. As of the 2010 census, Rio Rancho had a population of 93,820.

7

No. 7 richest place in New Mexico

Peralta, NM

3,404 peopleSnackAbility 4/10down 1
4/10
Peralta, NM
Source: Wikipedia User Cathy from USA | CC BY-SA 2.0
$73,131 median income · 5.2% poverty · #7 income in New Mexico
Located in Valencia County, New Mexico
Median income +14% vs NM
$73,131
NM $64k
Median home value +28% vs NM
$404,893
NM $317k
Poverty rate -71% vs NM
5.2%
NM 17.8%
Unemployment -28% vs NM
4.3%
NM 6.0%
8

No. 8 richest place in New Mexico

Albuquerque, NM

562,218 peopleSnackAbility 6/10
6/10
Albuquerque, NM
Source: Wikipedia User John Phelan | CC BY 3.0
$68,317 median income · 15.5% poverty · #12 income in New Mexico
Map of Albuquerque within New Mexico Located in Bernalillo County, New Mexico
Median income +7% vs NM
$68,317
NM $64k
Median home value +9% vs NM
$344,457
NM $317k
Poverty rate -13% vs NM
15.5%
NM 17.8%
Unemployment -10% vs NM
5.4%
NM 6.0%

Albuquerque AL-b-kur-kee; Navajo: Beeeldl Dahsinil ) is the most populous city in the U.S. state of New Mexico. The high-elevation city serves as the county seat of Bernalillo County, and it is situated in the north central part of the state, straddling the Rio Grande. The city population is 559,277 as of the July 1, 2016 population estimate from the United States Census Bureau, and ranks as the 32nd-largest city in the U.S. The Albuquerque metropolitan statistical area has a population of 909,906 according to the United States Census Bureau’s most recently available estimate for 2016. Albuquerque is the 60th-largest United States metropolitan area. The Albuquerque MSA population includes the city of Rio Rancho, Bernalillo, Placitas, Corrales, Los Lunas, Belen, Bosque Farms, and forms part of the larger Albuquerque-Santa Fe-Las Vegas combined statistical area, with a total population of 1,171,991 as of the July 1, 2016, Census Bureau estimates.

9

No. 9 richest place in New Mexico

Bernalillo, NM

9,086 peopleSnackAbility 5/10up 1
5/10
Bernalillo, NM
Source: Public domain
$63,880 median income · 15.9% poverty · #14 income in New Mexico
Map of Bernalillo within New Mexico Located in Sandoval County, New Mexico
Median income 0% vs NM
$63,880
NM $64k
Median home value +10% vs NM
$347,987
NM $317k
Poverty rate -11% vs NM
15.9%
NM 17.8%
Unemployment +15% vs NM
6.9%
NM 6.0%

Bernalillo is a town in Sandoval County, New Mexico, in the United States. As of the 2010 census, the town population was 8,320. It is the county seat of Sandoval County.

10

No. 10 richest place in New Mexico

Artesia, NM

12,576 peopleSnackAbility 6/10up 3
6/10
Artesia, NM
Source: Public domain
$74,915 median income · 15.7% poverty · #5 income in New Mexico
Map of Artesia within New Mexico Located in Eddy County, New Mexico
Median income +17% vs NM
$74,915
NM $64k
Median home value -22% vs NM
$245,540
NM $317k
Poverty rate -12% vs NM
15.7%
NM 17.8%
Unemployment -2% vs NM
5.9%
NM 6.0%

Artesia is a city in Eddy County, New Mexico, United States, centered at the intersection of U.S. Route 82 and U.S. Route 285; the two highways serve as the city’s Main Street and First Street, respectively. As of the 2010 census, the city population was 11,301.

The receipts

Compare the top ten

Pick a metric. The bars rescale. The red line is New Mexico’s statewide median.

City Median income vs NM
1 Corrales $102,307 +60%
2 Santa Fe $73,482 +15%
3 Bosque Farms $82,188 +28%
5 Edgewood $84,761 +32%
6 Rio Rancho $89,596 +40%
7 Peralta $73,131 +14%
8 Albuquerque $68,317 +7%
9 Bernalillo $63,880 0%
10 Artesia $74,915 +17%

New Mexico statewide median: $64,059

City Median home value vs NM
1 Corrales $703,889 +122%
2 Santa Fe $580,022 +83%
3 Bosque Farms $429,396 +36%
4 Los Ranchos de Albuquerque $705,207 +123%
5 Edgewood $382,908 +21%
6 Rio Rancho $361,856 +14%
7 Peralta $404,893 +28%
8 Albuquerque $344,457 +9%
9 Bernalillo $347,987 +10%
10 Artesia $245,540 -22%

New Mexico statewide median: $316,750

City Poverty rate vs NM
1 Corrales 7.0% -61%
2 Santa Fe 12.9% -28%
3 Bosque Farms 17.0% -4%
5 Edgewood 8.3% -53%
6 Rio Rancho 7.4% -58%
7 Peralta 5.2% -71%
8 Albuquerque 15.5% -13%
9 Bernalillo 15.9% -11%
10 Artesia 15.7% -12%

New Mexico statewide median: 17.8%

City Unemployment vs NM
1 Corrales 6.3% +5%
2 Santa Fe 5.1% -15%
3 Bosque Farms 5.9% -2%
5 Edgewood 5.1% -15%
6 Rio Rancho 4.6% -23%
7 Peralta 4.3% -28%
8 Albuquerque 5.4% -10%
9 Bernalillo 6.9% +15%
10 Artesia 5.9% -2%

New Mexico statewide median: 6.0%

City Population vs NM
1 Corrales 8,555
2 Santa Fe 89,019
3 Bosque Farms 4,071
5 Edgewood 6,124
6 Rio Rancho 108,515
7 Peralta 3,404
8 Albuquerque 562,218
9 Bernalillo 9,086
10 Artesia 12,576
The fine print The median New Mexico home is 41 years old Furnaces, water heaters, and roofs don’t care what you paid at closing. See what a warranty would cover before something expensive breaks. Compare home warranties →

On the map

Where the money lives in New Mexico

Saturday Night Science

How we determined the richest places in New Mexico for 2026

The first thing most people reach for is personal income. After all, rich people have really high salaries. But one statistic doesn’t capture what it means to be one of the “richest places,” so we applied Saturday Night Science to two measures from the 2020-2024 American Community Survey:

  • Median household income
  • Median home value

Median household income is the most digestible way to understand how rich a place is, and home values are a measure of accumulated wealth. The two combine to define a “Rich City.”

After collecting the data for all 37 places in New Mexico with more than 3,000 people, we ranked each place from 1 to 37 on both criteria, then averaged the two ranks into a “Rich Score.” The place with the lowest Rich Score, Corrales, is crowned the richest city in New Mexico for 2026. The median New Mexico home is 41 years old — old enough that it pays to compare home warranty plans before something expensive breaks.

The full plate

All 37 richest cities in New Mexico, ranked

Click any column to sort. Search by city name.

RankCityRich ScorePopulationMedian incomeMedian home valuePovertyUnemployment
1Corrales1.508,555$102,307$703,8897.0%6.3%
2Santa Fe4.5089,019$73,482$580,02212.9%5.1%
3Bosque Farms4.504,071$82,188$429,39617.0%5.9%
4Los Ranchos de Albuquerque4.505,857$72,992$705,2078.8%0.8%
5Edgewood5.006,124$84,761$382,9088.3%5.1%
6Rio Rancho5.00108,515$89,596$361,8567.4%4.6%
7Peralta6.503,404$73,131$404,8935.2%4.3%
8Albuquerque11.00562,218$68,317$344,45715.5%5.4%
9Bernalillo11.509,086$63,880$347,98715.9%6.9%
10Artesia12.0012,576$74,915$245,54015.7%5.9%
11Farmington12.5046,314$68,784$276,49917.4%3.9%
12Carlsbad13.5031,746$72,306$251,56113.8%5.2%
13Los Lunas14.0018,618$62,330$324,07418.2%4.9%
14Taos15.506,458$47,304$439,30313.7%10.6%
15Ruidoso16.007,699$52,736$332,55020.6%3.3%
16Las Cruces16.00114,197$55,422$290,02322.6%7.0%
17Sunland Park19.0017,463$62,814$223,74122.4%4.6%
18Lovington19.0011,498$68,821$174,97925.0%7.3%
19Hobbs19.5040,252$64,021$207,13519.7%6.3%
20Gallup21.0021,023$58,303$219,32726.8%5.7%
21Alamogordo21.0031,307$55,952$223,17316.6%7.5%
22Bloomfield21.507,395$48,472$252,90825.7%5.7%
23Belen23.007,450$42,627$266,79231.2%8.0%
24Aztec23.006,150$41,977$274,92825.9%4.5%
25Las Vegas24.5013,000$45,125$241,42632.0%4.8%
26Clovis25.5037,942$54,820$161,21421.7%8.8%
27Roswell26.0047,638$51,583$173,06726.0%5.0%
28Raton27.506,026$52,641$152,89625.1%1.8%
29Silver City27.509,536$38,711$225,70423.7%13.1%
30Anthony27.508,767$38,132$235,80632.9%11.6%
31Socorro29.508,481$39,375$190,94232.6%2.1%
32Eunice30.003,015$49,087$144,48212.9%6.3%
33Grants30.008,951$47,183$154,82734.1%6.0%
34Portales30.0011,968$50,555$134,84428.1%7.4%
35Deming32.5015,221$34,165$163,66830.9%2.7%
36Truth or Consequences35.006,019$33,788$152,06231.7%1.6%
37Tucumcari37.005,160$31,844$83,36934.3%11.2%

Source: U.S. Census ACS 2020-2024, Zillow research. 37 cities with more than 3,000 residents.

Corrales is the richest place in New Mexico for 2026

When we set out to identify the richest places in New Mexico, we weren’t sure what we’d find, but it ended up being some of the best places to live in the state. The richest cities in New Mexico are Corrales, Santa Fe, and Bosque Farms, and when you look at the data they sit at the very top of the income ladder for everyone who lives there.

Breaking into the top ten takes a median household income of at least $63,880. If you’re curious about the other end of the ledger, the poorest places are listed to the right. Not sold on New Mexico? Take the two-minute Find Your Place quiz and see which state actually fits you.

Questions and answers

Richest Cities In New Mexico FAQs

What is the richest city in New Mexico?

Corrales is the richest city in New Mexico for 2026. The median household income in Corrales is $102,307, the median home value is $703,889, and the poverty rate sits at 7.0%. Santa Fe and Bosque Farms round out the top three.

Where do the richest people live in New Mexico?

The richest people in New Mexico live in Corrales, Santa Fe, and Bosque Farms, based on income and home value data from the American Community Survey. Every place in the top ten posts a median household income of at least $63,880.

How much money do you need to be considered rich in New Mexico?

You need a household income around $63,880 to keep up in the ten richest places in New Mexico. That is the lowest median income in the top ten; the highest is $102,307. The statewide median is $64,059.

How expensive are homes in the richest cities in New Mexico?

The median home value across the ten richest cities in New Mexico is $393,900, compared to $316,750 statewide. In Corrales, the typical home runs $703,889.

What is the poorest city in New Mexico?

Tucumcari is the poorest city in New Mexico. It ranks last of the 37 places we analyzed on income and home value.

Keep reading

More rankings worth a look

Chris Kolmar
About the author

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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