Guadalupe County Income Charts

This section shows the Guadalupe County New Mexico economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Guadalupe County depicts it has a Median earnings of $36,739 which is the second smallest when sorted by median earnings per worker of all the other counties in the local area. The county with the highest median earnings per worker in the area is Santa Fe County which shows a median earnings of $48,018 (30.7% larger). Comparing median earnings per worker to the United States average of $53,269, Guadalupe County is approximately three-fourths the size. Also, measured against the state of New Mexico, median earnings per worker of $44,869, Guadalupe County is about 22.1% smaller.

In Figure 2 a more complete view of income is shown which aggregates income from all members in the household and it has a Median household income of $35,409 which is less than most other counties in the metro area. The county with the highest median household income in the area is Santa Fe County which depicts a median income of $64,423 (about twice as large). Comparing median household income to the United States average of $69,021, Guadalupe County is approximately half the size. Also, measured against the state of New Mexico, median household income of $54,020, Guadalupe County is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Guadalupe County metropolitan area. In Figure 3 we see that it has the percentage of earnings less than $10,000 the second smallest as measured by median earnings of less than $10,000 of all the other counties in the local area at 6.7% of the total. Second, it has the smallest proportion of earnings between $50,000 and $74,999 at 1.6% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 38.2 which is the third most average hours of all other counties in the greater Guadalupe County region. The county with the highest average hours in the area is De Baca County which depicts an average hours of 40.8 (6.8% larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has a Avg Hrly Earnings of $18.50 which is the second smallest in order of average hourly earnings of all the other counties in the area. The county with the highest average hourly earnings in the area is Santa Fe County which depicts an average hourly earnings of $25.03 (35.3% larger). Comparing average hourly earnings to the United States average of $26.40, Guadalupe County is approximately three-fourths the size. Also, benchmarked against the state of New Mexico, average hourly earnings of $22.59, Guadalupe County is about 22.1% smaller.

Figure 7 examines the number of self employed people in the Guadalupe County metro area based on the number of people who reported any self employment income. Guadalupe County depicts it has a Self Employed of 10.6% which is the second most of all the counties in the greater region. The county with the highest percentage of people self employed in the area is Santa Fe County which shows a percentage self employed of 15.0% (40.8% larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-25 to 44 years less than most other counties in the local area at $40,147 of the total. Second, it has the second smallest when sorted by median income for those under 25 years of age of all the other counties in the area as measured by median income-45 to 64 years at $24,940 of the total.

Figure 9 breaks down the source of income and Guadalupe County has the largest proportion of income from wages at 6.5% of the total and is ranked #1.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 36.0% which is the highest of all counties in the greater Guadalupe County region.

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the percentage of overall family income the second smallest in order of overall family income of all the other counties in the greater region at $45,139 of the total. Second, it has less than most other counties in the metropolitan area when ranked by hawaiian family income at $44,167 of the total.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Guadalupe County depicts it has the hightest cost of 105.6 for the cost of grocery items grouping.

Guadalupe County Labor Force Charts

The next two charts look at very recent, monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2020, the Covid 19 recession or great recession occurred and affects this metric. . It indicates that from February 2010 to before the disasterous Coronavirus Pandemic the monthly unemployment rate went from 9.7% to 4.7% in February 2020. This represents a decrease in the monthly unemployment rate of 51.5%. Since that time, the monthly unemployment rate has gone to 5.1% This represents an increase in the monthly unemployment rate of 8.5%. In Figure 15 the monthly labor force participation which are people actively looking for work are also defined as unemployed but do not include people who have given up looking for work. . It shows that from February 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 1,603 to 1,536 in March 2020. This represents a decrease in the monthly labor force participation of 4.2%. Since that time, the monthly labor force participation has gone to 1,803 This represents an increase in the monthly labor force participation of 17.4%.

The next two charts look at the annual unemployment rate/eligible for unemployment benefits and is based on the American Community survey. Figure 16 shows Guadalupe County shows it has a Unemployment Rate of 5.3% which is the second most unemployment rate of all the counties in the greater Guadalupe County region. The county with the highest unemployment rate in the area is De Baca County which shows a rate of 5.5% (only about 2.5% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Guadalupe County shows it has a Labor Force Participation of 43.5% which is the second smallest in terms of participation rate of all the other counties in the metro area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Guadalupe County depicts full time employees approximately 3.4 times bigger as the part time employees.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner in the greater Guadalupe County area. Guadalupe County depicts it has a Single Earner Families of 17.2% which is the smallest in terms of families with a single earner of all the other counties in the metro area. The county with the highest families with a single earner in the area is De Baca County which depicts a single earners rate of 41.8% (approximately 2.4 times bigger). The percentage of families with no one working is depicted in Figure 22. Guadalupe County depicts it has a Families with No One Working of 42.6% which is the second most of all the counties in the surrounding region. The county with the highest families with no one working in the area is Mora County which shows a families with no worker of 52.3% (22.8% larger).

Guadalupe County Poverty Charts

The next section details economy analysis about poverty for residents of the Guadalupe County community. This performance can be enhanced by government programs such as economic opportunity zone to influence manufacturing, job growth, economic opportunity an hopefully lead to economic recovery after the recent Covid 19 recession. In Figure 23 the total number of people earning less than the poverty level are shown. Guadalupe County shows it has a Total In Poverty of 707 which is the second smallest when ranked by total people earning less than the poverty level of all the other counties in the greater region. The county with the highest total people earning less than the poverty level in the area is Santa Fe County which depicts a total people earning less than the poverty level of 18,515 ( considerably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Guadalupe County depicts it has a Percent of Population In Poverty of 18.7% which is less than most other counties in the local area. The county with the highest percent of people earning less than the poverty level in the area is Quay County which indicates a percent of people in poverty of 25.5% (36.2% larger).

In Figure 25 people who are in poverty are broken out by age group. Guadalupe County has the smallest proportion of person in poverty under 12 years at 1% of the total. Second, it has the largest proportion of person in poverty 12 to 17 years at 30% of the total and is ranked #1. Third, it has the smallest proportion of person in poverty 18 to 34 years at 9% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Guadalupe County has one of the largest proportions of married with children and in poverty at 57% of the total and is ranked #2. The only larger county being Quay County with 77%. Second, it has one of the largest proportions of unmarried with children and in poverty at 61% of the total and is ranked #3. Only #2 Torrance County (72%), and #1 Quay County (76%) are larger. Third, it has one of the largest proportions of unmarried female with children and in poverty at 48% of the total and is ranked #2. The only larger county being Quay County with 100%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Guadalupe County has the smallest proportion of less than highschool in poverty at 12% of the total. Second, it has the largest proportion of highschool graduate and in poverty at 18% of the total and is ranked #1. Third, it has the second smallest when ranked by less than highschool in poverty of all the other counties in the local area when ranked by has some college and in poverty at 4% of the total. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Guadalupe County has the largest proportion of people who are in poverty and employed at 15.1% of the total and is ranked #1. Additionally, Figure 30 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) Guadalupe County shows it has a Public Assistance Percent of 22.2% which is in the intermediate range of other counties in the surrounding region. The county with the highest households with public assistance in the area is San Miguel County which depicts a households with public assistance of 32.7% (47.3% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Guadalupe County depicts it has a Gini Index of 59.8% which is the largest of all counties in the greater Guadalupe County region.

Guadalupe County Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Guadalupe County or elsewhere.) Guadalupe County has one of the largest proportions of people who drove alone at 86% of the total and is ranked #3. Only #2 Quay County (86%), and #1 De Baca County (88%) are larger. Second, it has the second smallest when sorted by people who drove alone of all the other counties in the metro area in terms of people who carpooled at 3% of the total. Third, it has the largest proportion of people who took a taxicab, motorcycle or other at 2% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Guadalupe County has the largest proportion of people who leave for work between 12am to 5am at 7% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 6am to 630am at 27% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 630 am to 7am at 9% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Guadalupe County has the percentage of people with commute time of less than 5 minutesutes in the mid range of other counties in the greater region at 23% of the total. Second, it has less than most other counties in the local area when sorted by people with commute time between 5 to 9 minutes at 10% of the total. Third, it has one of the largest proportions of people with commute time between 10 to 14 minutes at 17% of the total and is ranked #2. The only larger county being Santa Fe County with 20%. Also, it has the largest proportion of people with commute time between 25 to 29 minutes at 15% of the total and is ranked #1. In addition, it has less than most other counties in the surrounding region as measured by people with commute time between 60 to 89 minutes at 1% of the total.

The average commute time is shown in Figure 37. Guadalupe County shows it has a Avg Commute Time of 19 which is less than most other counties in the local area. Figure 38 shows the difference between male versus female commuting time. Guadalupe County depicts average commute time in minutes for men approximately 3.1 times bigger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Guadalupe County has one of the largest proportions of no vehicle available at 21% of the total and is ranked #3. Only #2 Mora County (23%), and #1 De Baca County (24%) are larger. Second, it has the second smallest when sorted by no vehicle available of all the other counties in the metro area in terms of 1 vehicle available at 31% of the total. Third, it has one of the largest proportions of 4 vehicles available at 14% of the total and is ranked #2. The only larger county being Mora County with 17%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Guadalupe County shows it has a Work in city or place where live of 53% which is less than most other counties in the local area. The county with the highest people who both work and live in the same city in the area is Quay County which shows a people who both work and live in the same city of 80% (50.7% larger). Comparing people who both work and live in the same city to the United States average of 44%, Guadalupe County is 20.4% larger. Also, compared with the state of New Mexico, people who both work and live in the same city of 61%, Guadalupe County is about 15.9% smaller.

Guadalupe County Jobs Charts

The next to charts break out the median earnings for major job categories for men and women. Figure 46 shows the median earnings of men for the job categories. Guadalupe County depicts it has the hightest median earnings of $105,833 for the earnings-sales and office occupations aggregate. Similarly, Figure 47 shows the median earnings of women for the job categories and Guadalupe County depicts it has the hightest median earnings of $88,654 for the earnings-healthcare practitioners and tech occupations grouping. The table in Figure 48, shows Guadalupe County employment data in terms of job categories and salary data.

Guadalupe County Self Employment Charts

Figure 49 shows economic activity in terms of the number of people who are self employed in incorporated local business by industry. Guadalupe County depicts it has the hightest entrepreneurs of 100% for the self employed management, business, science, and arts businesses classification.

Similar to the last chart is Figure 50 which shows the number of people who are self employed but in more detailed industry categories such as manufacturing, retail sales, residential real estate, commercial real estate, health care, exports/imports, and advanced industries, etc. Guadalupe County shows it has the hightest entrepreneurs of 100% for the self employed in educational services, health care and social assistance category.

In Figure 51 the average annual self employment/entrepreneur income is shown. Guadalupe County depicts it has a Self Employment Income of $43,886 which is the largest of all counties in the greater Guadalupe County region. Comparing average annual self employment income to the United States average of $42,141, Guadalupe County is only about 4.1% larger. Also, benchmarked against the state of New Mexico, average annual self employment income of $32,304, Guadalupe County is 35.9% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Guadalupe County shows total number of self-employed men approximately 2.6 times bigger as the total number of self-employed women.