GDP / Output
+7.4% YoY
91
$2.4B
Output changed +7.4% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
38
5.9%
Unemployment is 5.9% for Latest available.
Vintage date unknown
State avg6.0%
U.S. avg5.2%
Population
+6.2% 5-year
87
4,071
Population moved +6.2% over the latest ACS window.
Vintage date unknown
State population2,120,246
U.S. population334,922,499
Housing
Rent share of income
82
13.1%
Median rent consumes 13.1% of median household income: Affordable.
Vintage date unknown
State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$7.4K per resident
94
$561.1M
$561.1M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$41.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$561.1M
$7.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$394.4M
2. Department of Veterans Affairs$75.7M
3. Department of Transportation$32.1M
Top recipients
Dollars1. NEW MEXICO DEPARTMENT OF TRANSPORTATION$32.1M
2. ORCOM, A DIVISION OF ORTEGA COMPANIES, INC$7.2M
3. MIDWEST NEW MEXICO COMMUNITY ACTION PROG$7.1M
Affordable
Housing Affordability
13.1%
of median income
1BR estimate$736
2BR estimate$969
Median income$82,188
Median home value$293,100
ACS context
Quick Facts
Population
4,071
Median age
47.3
Bachelor's degree+
33.2%
Poverty rate
17.0%
Labor force participation
62.9%
Prime rate
7.0%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-17
HUD Fair Market Rent
Latest available
Data notes
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+1.2%
GDP CAGR
+7.2%
Federal flow
5 years
Population (5 years)
20203,833
20214,010
20224,001
20234,042
20244,071
GDP (5 years)
2020$1.7B
2021$1.9B
2022$2.1B
2023$2.3B
2024$2.4B
2-year linear forecast
Predictive Outlook
Population forecast
20244,071
20254,144 *
20264,195 *
R² = 75.0% · * projected
GDP forecast
2024$2.4B
2025$2.6B *
2026$2.8B *
R² = 99.7% · * projected
Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.
housing affordability breakdown
Cost of Living
Median household income$82,188/yr
Median rent$897/mo
Rent share of income13.1%
Est. mortgage (30yr, 6.5%)$17,785/yr
Mortgage share of income21.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.9%
State avg6.0%
U.S. avg5.2%
Labor force participation62.9%
Poverty rate17.0%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$293,100
Median monthly rent$897
Price-to-rent ratio27.2x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score72/100
Economic growth91/100
Labor market38/100
Population momentum87/100
Overall stability73/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.