The median household income in Cotton City, NM in 2022 was $71,234, which was 16.2% greater than the median annual income of $59,726 across the entire state of New Mexico. Compared to the median income of $24,819 in 2000 this represents an increase of 65.2%. The per capita income in 2022 was $22,431, which means an increase of 44.6% compared to 2000 when it was $12,431.
Whole page based on the data from 2000 / 2022 when the population of Cotton City, New Mexico was 388 / 402
Income statistics for all residents
Median household income in Cotton City, NM in 2022:
Cotton City:
$71,234
State:
$59,726
Number of households with income < $10k:
Cotton City:
10.0% (14)
State:
7.4% (62,451)
Number of households with income $10k - 20k:
Cotton City:
0.0% (0)
State:
9.5% (80,886)
Number of households with income $20k - 30k:
Cotton City:
9.3% (13)
State:
8.9% (75,578)
Number of households with income $30k - 40k:
Cotton City:
7.9% (11)
State:
9.1% (77,319)
Number of households with income $40k - 50k:
Cotton City:
3.6% (5)
New Mexico:
8.0% (67,979)
Number of households with income $50k - 60k:
Cotton City:
14.3% (20)
State:
7.2% (61,477)
Number of households with income $60k - 75k:
Cotton City:
32.9% (46)
State:
9.1% (77,047)
Number of households with income $75k - 100k:
Cotton City:
14.3% (20)
State:
12.5% (106,292)
Number of households with income $100k - 125k:
Cotton City:
5.7% (8)
State:
9.3% (79,200)
Number of households with income $125k - 150k:
Cotton City:
2.1% (3)
New Mexico:
6.2% (52,769)
Number of households with income $150k - 200k:
Cotton City:
0.0% (0)
State:
6.4% (54,020)
Number of households with income > $200k:
Cotton City:
0.0% (0)
New Mexico:
6.3% (53,200)
Aggregate household income in Cotton City in 2022: $8,393,981
Median family income in Cotton City in 2022:
Cotton City:
$71,968
State:
$74,341
Number of families with income $10k - 20k:
Cotton City:
9.8% (11)
New Mexico:
5.6% (28,861)
Number of families with income $30k - 40k:
Cotton City:
9.4% (10)
State:
8.4% (43,204)
Number of families with income $40k - 50k:
Cotton City:
4.1% (4)
State:
8.2% (42,398)
Number of families with income $50k - 60k:
Cotton City:
17.5% (19)
State:
7.2% (37,358)
Number of families with income $60k - 75k:
Cotton City:
42.8% (47)
New Mexico:
9.7% (50,331)
Number of families with income $75k - 100k:
Cotton City:
6.8% (7)
State:
14.1% (72,803)
Number of families with income $100k - 125k:
Cotton City:
6.9% (8)
State:
10.7% (55,058)
Number of families with income $125k - 150k:
Cotton City:
2.9% (3)
New Mexico:
7.9% (40,847)
Median per capita income in Cotton City in 2022:
Cotton City:
$22,431
State:
$33,916
Change in median per capita income between 2000 and 2022:
Cotton City, New Mexico:
+80.4%
State:
+96.5%
Income statistics for White residents
Median household income in Cotton City, NM in 2022:
Cotton City:
$73,912
New Mexico:
$66,903
Number of households with income < $10k:
Cotton City:
14.9% (11)
New Mexico:
6.7% (30,275)
Number of households with income $10k - 20k:
Cotton City:
0.0% (0)
New Mexico:
8.1% (36,636)
Number of households with income $20k - 30k:
Cotton City:
2.7% (2)
New Mexico:
7.6% (34,662)
Number of households with income $30k - 40k:
Cotton City:
13.5% (10)
New Mexico:
8.5% (38,487)
Number of households with income $40k - 50k:
Cotton City:
0.0% (0)
State:
7.9% (35,775)
Number of households with income $50k - 60k:
Cotton City:
2.7% (2)
State:
6.5% (29,590)
Number of households with income $60k - 75k:
Cotton City:
48.6% (36)
New Mexico:
9.4% (42,749)
Number of households with income $75k - 100k:
Cotton City:
8.1% (6)
State:
12.1% (54,752)
Number of households with income $100k - 125k:
Cotton City:
9.5% (7)
State:
10.5% (47,619)
Number of households with income $125k - 150k:
Cotton City:
0.0% (0)
New Mexico:
7.1% (32,441)
Number of households with income $150k - 200k:
Cotton City:
0.0% (0)
State:
7.6% (34,408)
Number of households with income > $200k:
Cotton City:
0.0% (0)
New Mexico:
8.0% (36,335)
Aggregate household income in Cotton City in 2022: $4,577,431
Median family income in Cotton City in 2022:
Cotton City:
$77,393
State:
$86,441
Number of families with income $30k - 40k:
Cotton City:
15.8% (9)
State:
7.9% (20,670)
Number of families with income $50k - 60k:
Cotton City:
2.4% (1)
State:
6.0% (15,747)
Number of families with income $60k - 75k:
Cotton City:
60.7% (34)
State:
10.0% (26,136)
Number of families with income $75k - 100k:
Cotton City:
10.1% (6)
State:
13.6% (35,677)
Number of families with income $100k - 125k:
Cotton City:
11.0% (6)
New Mexico:
11.9% (31,166)
Median per capita income in Cotton City in 2022:
Cotton City:
$22,690
State:
$42,438
Change in median per capita income between 2000 and 2022:
Cotton City, New Mexico:
+73.1%
State:
+109.0%
Income statistics for Hispanic or Latino residents
Median household income in Cotton City, NM in 2022:
Cotton City:
$53,859
New Mexico:
$52,568
Number of households with income < $10k:
Cotton City:
14.6% (13)
New Mexico:
7.7% (28,825)
Number of households with income $10k - 20k:
Cotton City:
0.0% (0)
State:
11.3% (42,162)
Number of households with income $20k - 30k:
Cotton City:
11.2% (10)
State:
10.3% (38,397)
Number of households with income $30k - 40k:
Cotton City:
11.2% (10)
State:
10.0% (37,425)
Number of households with income $40k - 50k:
Cotton City:
5.6% (5)
State:
8.8% (32,925)
Number of households with income $50k - 60k:
Cotton City:
20.2% (18)
State:
8.2% (30,606)
Number of households with income $60k - 75k:
Cotton City:
9.0% (8)
State:
8.6% (32,270)
Number of households with income $75k - 100k:
Cotton City:
15.7% (14)
New Mexico:
13.3% (49,793)
Number of households with income $100k - 125k:
Cotton City:
9.0% (8)
State:
8.1% (30,306)
Number of households with income $125k - 150k:
Cotton City:
3.4% (3)
State:
5.3% (19,926)
Number of households with income $150k - 200k:
Cotton City:
0.0% (0)
State:
4.9% (18,186)
Number of households with income > $200k:
Cotton City:
0.0% (0)
State:
3.6% (13,321)
Aggregate household income in Cotton City in 2022: $4,438,846
Median family income in Cotton City in 2022:
Cotton City:
$54,271
State:
$61,248
Number of families with income $10k - 20k:
Cotton City:
17.8% (11)
New Mexico:
7.5% (18,298)
Number of families with income $30k - 40k:
Cotton City:
15.0% (10)
State:
9.3% (22,776)
Number of families with income $40k - 50k:
Cotton City:
9.0% (6)
State:
10.0% (24,418)
Number of families with income $50k - 60k:
Cotton City:
27.5% (17)
New Mexico:
8.1% (19,722)
Number of families with income $60k - 75k:
Cotton City:
12.8% (8)
State:
9.5% (23,251)
Number of families with income $100k - 125k:
Cotton City:
12.9% (8)
State:
9.8% (23,976)
Number of families with income $125k - 150k:
Cotton City:
5.0% (3)
State:
6.8% (16,727)
Median per capita income in Cotton City in 2022:
Cotton City:
$21,005
New Mexico:
$25,400
Change in median per capita income between 2000 and 2022:
Cotton City, New Mexico:
+109.7%
State:
+110.9%
Income statistics for Multirace residents
Median household income in Cotton City, NM in 2022:
Cotton City:
$78,214
New Mexico:
$56,942
Number of households with income < $10k:
Cotton City:
0.0% (0)
New Mexico:
6.5% (12,332)
Number of households with income $10k - 20k:
Cotton City:
0.0% (0)
State:
10.6% (19,977)
Number of households with income $20k - 30k:
Cotton City:
16.2% (6)
New Mexico:
10.3% (19,459)
Number of households with income $30k - 40k:
Cotton City:
0.0% (0)
State:
8.8% (16,721)
Number of households with income $40k - 50k:
Cotton City:
0.0% (0)
State:
7.4% (14,003)
Number of households with income $50k - 60k:
Cotton City:
0.0% (0)
State:
9.0% (16,994)
Number of households with income $60k - 75k:
Cotton City:
13.5% (5)
New Mexico:
8.9% (16,866)
Number of households with income $75k - 100k:
Cotton City:
56.8% (21)
New Mexico:
13.5% (25,577)
Number of households with income $100k - 125k:
Cotton City:
0.0% (0)
New Mexico:
8.9% (16,792)
Number of households with income $125k - 150k:
Cotton City:
13.5% (5)
New Mexico:
5.6% (10,584)
Number of households with income $150k - 200k:
Cotton City:
0.0% (0)
State:
5.7% (10,849)
Number of households with income > $200k:
Cotton City:
0.0% (0)
State:
4.8% (9,158)
Aggregate household income in Cotton City in 2022: $2,639,216
Median per capita income in Cotton City in 2022:
Cotton City:
$23,690
State:
$28,327
Change in median per capita income between 2000 and 2022:
Cotton City, New Mexico:
+148.0%
State:
+141.7%
Income statistics for other residents
Median household income in Cotton City, NM in 2022:
Cotton City:
$52,651
State:
$46,171
Number of households with income < $10k:
Cotton City:
0.0% (0)
State:
8.9% (10,041)
Number of households with income $10k - 20k:
Cotton City:
0.0% (0)
State:
11.6% (13,195)
Number of households with income $20k - 30k:
Cotton City:
24.3% (9)
New Mexico:
10.7% (12,163)
Number of households with income $30k - 40k:
Cotton City:
0.0% (0)
New Mexico:
11.4% (12,903)
Number of households with income $40k - 50k:
Cotton City:
18.9% (7)
State:
10.3% (11,698)
Number of households with income $50k - 60k:
Cotton City:
56.8% (21)
State:
6.8% (7,753)
Number of households with income $60k - 75k:
Cotton City:
0.0% (0)
State:
8.4% (9,473)
Number of households with income $75k - 100k:
Cotton City:
0.0% (0)
State:
13.7% (15,509)
Number of households with income $100k - 125k:
Cotton City:
0.0% (0)
State:
6.6% (7,461)
Number of households with income $125k - 150k:
Cotton City:
0.0% (0)
State:
5.3% (6,039)
Number of households with income $150k - 200k:
Cotton City:
0.0% (0)
State:
3.9% (4,404)
Number of households with income > $200k:
Cotton City:
0.0% (0)
State:
2.4% (2,687)
Aggregate household income in Cotton City in 2022: $1,755,192
Median per capita income in Cotton City in 2022:
Cotton City:
$28,887
New Mexico:
$23,871
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