Guadalupe County Income Charts

This section shows the Guadalupe County New Mexico economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Guadalupe County shows it has a median earnings per worker of $31,597 which is less than most 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 $44,214 (39.9% larger). Comparing median earnings per worker to the United States average of $47,712, Guadalupe County is approximately three-fourths the size. Also, benchmarked against the state of New Mexico, median earnings per worker of $40,674, Guadalupe County is approximately three-fourths the size.

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 $24,085 which is the smallest in terms of median household income of all the other counties in the greater region. The county with the highest median household income in the area is Santa Fe County which shows a median income of $59,192 (approximately 2.5 times bigger). Comparing median household income to the United States average of $60,293, Guadalupe County is approximately half the size. Also, in contrast to the state of New Mexico, median household income of $48,059, Guadalupe County is approximately half 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 when ranked by median earnings of less than $10,000 of all the other counties in the metropolitan area at 19.5% of the total. Second, it has the largest proportion of earnings between $10,000 and $14,999 at 12.7% of the total and is ranked #1. Third, it has the largest proportion of earnings between $15,000 and $19,999 at 14.4% of the total and is ranked #1. Also, it has the smallest proportion of earnings between $75,000 and $99,999 at 2.8% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 36.0 which is the second smallest in order of average hours of all the other counties in the greater region. The county with the highest average hours in the area is Torrance County which depicts an average hours of 39.2 (8.9% larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has an average hourly earnings of $16.88 which is less than most other counties in the surrounding region. The county with the highest average hourly earnings in the area is Santa Fe County which shows an average hourly earnings of $22.86 (35.4% larger). Comparing average hourly earnings to the United States average of $23.71, Guadalupe County is approximately three-fourths the size. Also, in comparison with the state of New Mexico, average hourly earnings of $20.48, Guadalupe County is about 21.3% 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 shows it has a percentage of people self employed of 10.3% which is the second most people self employed of all the counties in the greater Guadalupe County region. The county with the highest percentage of people self employed in the area is Santa Fe County which depicts a percentage self employed of 16.2% (57.5% larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years in the center range of other counties in the local area at $13,897 of the total. Second, it has in the middle range of other counties in the greater region when ranked by median income-25 to 44 years at $36,167 of the total. Third, it has the second smallest when ranked by median income for those under 25 years of age of all the other counties in the surrounding region when ranked by median income-45 to 64 years at $33,125 of the total. Also, it has the smallest proportion of median income-65 years and over at $21,544 of the total.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a households with retirement income of 31.2% which is more than all other 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 less than most other counties in the local area at $41,319 of the total. Second, it has less than most other counties in the local area when ranked by white family income at $39,659 of the total. Third, it has one of the largest proportions of hispanic family income at $53,333 of the total and is ranked #2. The only larger county being Santa Fe County with $53,554.

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 depicts that from January 2010 to before the Wuhan Coronavirus/COVID Pandemic the monthly unemployment rate went from 9.8% to 5.9% in March 2020. This represents a decrease in the monthly unemployment rate of 39.8%. Since that time, the monthly unemployment rate has gone to 10.3% This represents an increase in the monthly unemployment rate of 74.6%. 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 January 2010 to before the Coronavirus Pandemic the monthly labor force participation went from 1,619 to 1,477 in March 2020. This represents a decrease in the monthly labor force participation of 8.8%. Since that time, the monthly labor force participation has gone to 1,426 This represents a decrease in the monthly labor force participation of 3.5%.

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 depicts it has an unemployment rate of 2.4% which is the second smallest when ranked by unemployment rate of all the other counties in the local area. The county with the highest unemployment rate in the area is Mora County which depicts a rate of 3.0% (24.1% 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 participation rate of 37.9% which is the smallest when ranked by participation rate of all the other counties in the greater region.

The Components of Employment Status graph in Figure 18 shows the composition of the labor force broken down by employed, unemployed, and not in the labor force (but 16 years of age or older). Guadalupe County has the smallest proportion of employed at 35.5% of the total. Second, it has the largest proportion of not in labor force at 62.1% of the total and is ranked #1.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Guadalupe County shows full time employees about twice as large 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 families with a single earner of 17.3% which is the smallest when sorted by families with a single earner of all the other counties in the local area. The county with the highest families with a single earner in the area is San Miguel County which shows a single earners rate of 34.7% (about twice as large). The percentage of families with no one working is depicted in Figure 22. Guadalupe County shows it has a families with no one working of 42.0% which is the second most families with no one working of all the counties in the greater Guadalupe County region. The county with the highest families with no one working in the area is Mora County which depicts a families with no worker of 55.0% (31.0% 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 people earning less than the poverty level of 538 which is the second smallest in terms of total people earning less than the poverty level of all the other counties in the local area. The county with the highest total people earning less than the poverty level in the area is Santa Fe County which shows a total people earning less than the poverty level of 18,675 ( very much 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 shows it has a percent of people earning less than the poverty level of 14.5% which is the second smallest when sorted by percent of people earning less than the poverty level of all the other counties in the greater region. The county with the highest percent of people earning less than the poverty level in the area is San Miguel County which depicts a percent of people in poverty of 27.7% (about twice as large).

In Figure 25 people who are in poverty are broken out by age group. Guadalupe County has the percentage of person in poverty 18 to 34 years the second smallest when sorted by person in poverty under 12 years of all the other counties in the metropolitan area at 15% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Guadalupe County has the percentage of american indian poverty rate the second smallest when ranked by white poverty rate of all the other counties in the local area at 10% of the total. Second, it has the second smallest in order of white poverty rate of all the other counties in the greater region in order of hispanicp poverty rate at 11% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Guadalupe County has the smallest proportion of married with children and in poverty at 4% of the total. Second, it has less than most other counties in the greater region when ranked by unmarried female with children and in poverty at 48% of the total.

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 19% of the total. Second, it has the second smallest when sorted by less than highschool in poverty of all the other counties in the area in terms of has some college and in poverty at 7% of the total. Third, it has the smallest proportion of college graduate 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 unemployed at 5.4% 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 households with public assistance of 17.1% which is less than most other counties in the local area. The county with the highest households with public assistance in the area is Mora County which depicts a households with public assistance of 31.2% (about twice as large).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Guadalupe County shows it has a the gini index of 46.8% which is in the mid range of other counties in the surrounding region.

Guadalupe County Work Commute Charts

The following set of charts detail a variety of metrics that have economic impact, economic grow factors and economic development metrics in the Guadalupe County community and has an impact on other factors such as economic growth, population growth, economic recovery, job growth, etc.. Figure 32 shows a high level view of how the population commutes to work (including the percent of people who work from home.) Guadalupe County has the largest proportion of people who drive a car or motorcycle to work at 94% of the total and is ranked #1. Second, it has the smallest proportion of people who work at home at 2% of the total. 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 the largest proportion of people who drove alone at 84% of the total and is ranked #1. Second, it has the smallest proportion of people who work at home at 2% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Guadalupe County has the percentage of people who leave for work between 12am to 5am the second smallest in order of people who leave for work between 12am to 5am of all the other counties in the metro area at 1% of the total. Second, it has the smallest proportion of people who leave for work between 530 am to 6am at 1% of the total. Third, it has the smallest proportion of people who leave for work between 7am to 730am at 12% of the total. Also, it has the largest proportion of people who leave for work between 730 am to 8am at 30% of the total and is ranked #1. In addition, it has the largest proportion of people who leave for work between 12noon to 4pm at 10% of the total and is ranked #1.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Guadalupe County has one of the largest proportions of people with commute time of less than 5 minutesutes at 14% of the total and is ranked #2. The only larger county being De Baca County with 33%. Second, it has one of the largest proportions of people with commute time between 5 to 9 minutes at 34% of the total and is ranked #2. The only larger county being Quay County with 41%. Third, it has the largest proportion of people with commute time between 10 to 14 minutes at 23% of the total and is ranked #1. Also, it has the smallest proportion of people with commute time between 20 to 24 minutes at 1% of the total. In addition, it has the smallest proportion of people with commute time between 30 to 34 minutes at 3% of the total. Furthermore, it has the smallest proportion of people with commute time between 45 to 59 minutes at 4% of the total. Next it has in the mid range of other counties in the greater region in order of people with commute time of 90 or more minutesutes at 2% of the total.

The average commute time is shown in Figure 37. Guadalupe County shows it has an average commute time of 16 which is the second smallest in terms of average commute time of all the other counties in the metropolitan area. Figure 38 shows the difference between male versus female commuting time. Guadalupe County indicates average commute time in minutes for men about twice as large 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 4 vehicles available at 16% of the total and is ranked #2. The only larger county being Mora County with 26%. 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 people who both work and live in the same city of 85% which is at the top of all other counties in the greater Guadalupe County region. Comparing people who both work and live in the same city to the United States average of 42%, Guadalupe County is about twice as large. Also, in comparison with the state of New Mexico, people who both work and live in the same city of 62%, Guadalupe County is 37.6% larger.

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 shows it has the hightest median earnings of $64,250 for the earnings-education, legal, community service, arts, media occupations aggregate. Similarly, Figure 47 shows the median earnings of women for the job categories and Guadalupe County shows it has the hightest median earnings of $35,735 for the earnings-education, legal, community service, arts, media occupations aggregate. The table in Figure 48, shows Guadalupe County employment data in terms of job categories and salary data.

Guadalupe County Self Employment Charts

In Figure 51 the average annual self employment/entrepreneur income is shown. Guadalupe County depicts it has an average annual self employment income of $16,646 which is the smallest in order of average annual self employment income of all the other counties in the local area. The county with the highest average annual self employment income in the area is Torrance County which shows an average annual self employment income of $41,467 (approximately 2.5 times bigger). Comparing average annual self employment income to the United States average of $37,819, Guadalupe County is approximately half the size. Also, versus the state of New Mexico, average annual self employment income of $30,380, Guadalupe County is approximately half the size.

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 half the size as the total number of self-employed women.