GDP / Output
+6.8% YoY
86
$10.1B
Output changed +6.8% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
62
4.3%
Unemployment is 4.3% for June 2026.
Vintage date unknown
State avg6.0%
U.S. avg5.2%
Population
+4.5% 5-year
77
1,253
Population moved +4.5% over the latest ACS window.
Vintage date unknown
State population2,120,246
U.S. population334,922,499
Housing
Rent share of income
35
46.2%
Median rent consumes 46.2% of median household income: Strained.
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
$16.6K per resident
100
$2.6B
$2.6B 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
$2.6B
$16.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.1B
2. Department of Homeland Security$433.7M
3. Department of Education$374.4M
Top recipients
Dollars1. NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT$480.8M
2. STATE OF NEW MEXICO PUBLIC EDUCATION DEPARTMENT$322.9M
3. CDM CONSTRUCTORS INC$88.3M
Strained
Housing Affordability
46.2%
of median income
1BR estimate$2,469
2BR estimate$3,252
Median income$78,220
Median home value$387,900
ACS context
Quick Facts
Population
1,253
Median age
58.3
Bachelor's degree+
41.5%
Poverty rate
8.2%
Labor force participation
54.5%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.5%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
June 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-30
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
+0.9%
GDP CAGR
+6.8%
Federal flow
5 years
Population (5 years)
20201,199
20211,155
2022984
2023946
20241,253
GDP (5 years)
2020$7.3B
2021$8.3B
2022$8.8B
2023$9.4B
2024$10.1B
2-year linear forecast
Predictive Outlook
Population forecast
20241,253
20251,077 *
20261,067 *
R² = 1.4% · * projected
GDP forecast
2024$10.1B
2025$10.8B *
2026$11.5B *
R² = 98.8% · * 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$78,220/yr
Median rent$3,011/mo
Rent share of income46.2%
Est. mortgage (30yr, 6.5%)$23,537/yr
Mortgage share of income30.1%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.3%
State avg6.0%
U.S. avg5.2%
Labor force participation54.5%
Poverty rate8.2%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$387,900
Median monthly rent$3,011
Price-to-rent ratio10.7x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score73/100
Economic growth86/100
Labor market62/100
Population momentum77/100
Overall stability66/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.