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Eddy County, NM&

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Population
56,369
1.31% growth
Median Age
36.4
Median Household Income
$59,625
5.31% growth
Poverty Rate
13.7%
Number of Employees
26,343
2.82% growth
Median Property Value
$134,100
7.45% growth

Economy

The economy of Eddy County, NM employs 26,343 people. The economy of Eddy County, NM is specialized in Mining, Quarrying, Oil, Gas Extraction; Utilities; and Agriculture, Forestry, Fishing, Hunting, which employ respectively 25.6; 1.98; and 1.92 times more people than what would be expected in a location of this size. The largest industries in Eddy County, NM are Mining, Quarrying, Oil, Gas Extraction (3,987), Retail trade (2,977), and Healthcare & Social Assistance (2,500), and the highest paying industries are Professional, Scientific, Tech Services ($69,139), Utilities ($58,775), and Mining, Quarrying, Oil, Gas Extraction ($56,039).

Median household income in Eddy County, NM is $59,625. Males in Eddy County, NM have an average income that is 1.9 times higher than the average income of females, which is $34,246. The income inequality of Eddy County, NM (measured using the Gini index) is 0.463 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Eddy County, NM. In Eddy County, NM the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 46 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $8,507. McKinley County, NM has the highest prevalence of homicides of any county in New Mexico.

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Diversity

Eddy County, NM is home to a population of 56,369 people, from which 96.2% are citizens. The ethnic composition of the population of Eddy County, NM is composed of 27,817 White residents (49.3%), 26,318 Hispanic residents (46.7%), 786 Black residents (1.39%), 669 Native residents (1.19%), and 434 Two+ residents (0.77%). The most common foreign languages in Eddy County, NM are Spanish (13,665 speakers), Korean (104 speakers), and Vietnamese (94 speakers), but compared to other places, Eddy County, NM has a relative high number of Spanish (13,665 speakers), Serbo-Croatian (51 speakers), and Polish (79 speakers).

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Education

In 2015 universities in Eddy County, NM awarded 136 degrees. The student population of Eddy County, NM is skewed towards females, with 41 male students and 95 female students. Most students in Eddy County, NM are White (60 and 44.1%), followed by Hispanic or Latino (59 and 43.4%), Unknown (9 and 6.62%), and Black or African American (3 and 2.21%). The largest universities in Eddy County, NM by number of graduates are New Mexico State University-Carlsbad (136 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Eddy County, NM are General Studies (43 and 31.6%), General Business (12 and 8.82%), and Registered Nursing (9 and 6.62%). The median tuition costs in Eddy County, NM are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Eddy County, NM is $134,100, which is 0.65 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $124,800 to $134,100, a 7.45% increase. The homeownership rate of Eddy County, NM is 71.5%, which is higher than the national average of 63.6%. People in Eddy County, NM have an average commute time of 16.6 minutes, and they commute by Drove Alone. Car ownership in Eddy County, NM is approximately the same as the national average, with an average of 2 cars per household.

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United States
nation
New Mexico
state
Carlsbad-Artesia, NM
metropolitan statistical area
Far Southeast New Mexico PUMA
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