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.
$102,307 median income · 7.0% poverty · #1 income in New Mexico
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.
Data | Crime | Cost of living | Movers
$73,482 median income · 12.9% poverty · #6 income in New Mexico
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.
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$82,188 median income · 17.0% poverty · #4 income in New Mexico
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$72,992 median income · 8.8% poverty · #8 income in New Mexico
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$84,761 median income · 8.3% poverty · #3 income in New Mexico
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$89,596 median income · 7.4% poverty · #2 income in New Mexico
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.
Data | Crime | Cost of living | Movers
$73,131 median income · 5.2% poverty · #7 income in New Mexico
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$68,317 median income · 15.5% poverty · #12 income in New Mexico
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.
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$63,880 median income · 15.9% poverty · #14 income in New Mexico
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.
Data | Crime | Cost of living | Movers
$74,915 median income · 15.7% poverty · #5 income in New Mexico
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.
Data | Crime | Cost of living | Movers
The receipts
Compare the top ten
Pick a metric. The bars rescale. The red line is New Mexico’s statewide median.
New Mexico statewide median: $64,059
New Mexico statewide median: $316,750
New Mexico statewide median: 17.8%
New Mexico statewide median: 6.0%
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.
| Rank | City | Rich Score | Population | Median income | Median home value | Poverty | Unemployment |
|---|---|---|---|---|---|---|---|
| 1 | Corrales | 1.50 | 8,555 | $102,307 | $703,889 | 7.0% | 6.3% |
| 2 | Santa Fe | 4.50 | 89,019 | $73,482 | $580,022 | 12.9% | 5.1% |
| 3 | Bosque Farms | 4.50 | 4,071 | $82,188 | $429,396 | 17.0% | 5.9% |
| 4 | Los Ranchos de Albuquerque | 4.50 | 5,857 | $72,992 | $705,207 | 8.8% | 0.8% |
| 5 | Edgewood | 5.00 | 6,124 | $84,761 | $382,908 | 8.3% | 5.1% |
| 6 | Rio Rancho | 5.00 | 108,515 | $89,596 | $361,856 | 7.4% | 4.6% |
| 7 | Peralta | 6.50 | 3,404 | $73,131 | $404,893 | 5.2% | 4.3% |
| 8 | Albuquerque | 11.00 | 562,218 | $68,317 | $344,457 | 15.5% | 5.4% |
| 9 | Bernalillo | 11.50 | 9,086 | $63,880 | $347,987 | 15.9% | 6.9% |
| 10 | Artesia | 12.00 | 12,576 | $74,915 | $245,540 | 15.7% | 5.9% |
| 11 | Farmington | 12.50 | 46,314 | $68,784 | $276,499 | 17.4% | 3.9% |
| 12 | Carlsbad | 13.50 | 31,746 | $72,306 | $251,561 | 13.8% | 5.2% |
| 13 | Los Lunas | 14.00 | 18,618 | $62,330 | $324,074 | 18.2% | 4.9% |
| 14 | Taos | 15.50 | 6,458 | $47,304 | $439,303 | 13.7% | 10.6% |
| 15 | Ruidoso | 16.00 | 7,699 | $52,736 | $332,550 | 20.6% | 3.3% |
| 16 | Las Cruces | 16.00 | 114,197 | $55,422 | $290,023 | 22.6% | 7.0% |
| 17 | Sunland Park | 19.00 | 17,463 | $62,814 | $223,741 | 22.4% | 4.6% |
| 18 | Lovington | 19.00 | 11,498 | $68,821 | $174,979 | 25.0% | 7.3% |
| 19 | Hobbs | 19.50 | 40,252 | $64,021 | $207,135 | 19.7% | 6.3% |
| 20 | Gallup | 21.00 | 21,023 | $58,303 | $219,327 | 26.8% | 5.7% |
| 21 | Alamogordo | 21.00 | 31,307 | $55,952 | $223,173 | 16.6% | 7.5% |
| 22 | Bloomfield | 21.50 | 7,395 | $48,472 | $252,908 | 25.7% | 5.7% |
| 23 | Belen | 23.00 | 7,450 | $42,627 | $266,792 | 31.2% | 8.0% |
| 24 | Aztec | 23.00 | 6,150 | $41,977 | $274,928 | 25.9% | 4.5% |
| 25 | Las Vegas | 24.50 | 13,000 | $45,125 | $241,426 | 32.0% | 4.8% |
| 26 | Clovis | 25.50 | 37,942 | $54,820 | $161,214 | 21.7% | 8.8% |
| 27 | Roswell | 26.00 | 47,638 | $51,583 | $173,067 | 26.0% | 5.0% |
| 28 | Raton | 27.50 | 6,026 | $52,641 | $152,896 | 25.1% | 1.8% |
| 29 | Silver City | 27.50 | 9,536 | $38,711 | $225,704 | 23.7% | 13.1% |
| 30 | Anthony | 27.50 | 8,767 | $38,132 | $235,806 | 32.9% | 11.6% |
| 31 | Socorro | 29.50 | 8,481 | $39,375 | $190,942 | 32.6% | 2.1% |
| 32 | Eunice | 30.00 | 3,015 | $49,087 | $144,482 | 12.9% | 6.3% |
| 33 | Grants | 30.00 | 8,951 | $47,183 | $154,827 | 34.1% | 6.0% |
| 34 | Portales | 30.00 | 11,968 | $50,555 | $134,844 | 28.1% | 7.4% |
| 35 | Deming | 32.50 | 15,221 | $34,165 | $163,668 | 30.9% | 2.7% |
| 36 | Truth or Consequences | 35.00 | 6,019 | $33,788 | $152,062 | 31.7% | 1.6% |
| 37 | Tucumcari | 37.00 | 5,160 | $31,844 | $83,369 | 34.3% | 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.