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EconPulse

Local economy signal dashboard

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PLACEStable

Cannon Afb, NM

Stable overall. Federal Funds is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score43out of 100
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68
0
21
68
94

Population

2,405

Data freshness

Unknown

GDP / Output

+4.2% YoY

68

$4.3B

Output changed +4.2% in 2024.

Vintage date unknown

State growth6.2%
U.S. growth5.3%

Jobs

Unemployment rate

0

18.9%

Unemployment is 18.9% for Latest available.

Vintage date unknown

State avg6.0%
U.S. avg4.3%

Population

-4.8% 5-year

21

2,405

Population moved -4.8% over the latest ACS window.

Vintage date unknown

State population2,120,246
U.S. population334,922,499

Housing

Rent share of income

68

23.0%

Median rent consumes 23.0% 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

$358.2M

$358.2M 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

$358.2M

$7.4K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$166.6M
2. Department of Defense$73.1M
3. Department of Veterans Affairs$57.8M

Top recipients

Dollars
1. REDACTED DUE TO PII$21.9M
2. ALTUS TECHNICAL SOLUTIONS LLC$10.2M
3. S & K DESIGN BUILD LLC$7.8M

Affordable

Housing Affordability

23.0%

of median income

1BR estimate$989
2BR estimate$1,302
Median income$63,000
Median home valueUnavailable

ACS context

Quick Facts

Population

2,405

Median age

23.1

Bachelor's degree+

40.8%

Poverty rate

8.5%

Labor force participation

85.0%

Prime rate

6.8%

CPI YoY

+3.9%

U.S. GDP YoY

+5.9%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-16

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

-1.0%

GDP CAGR

+5.3%

Federal flow

5 years

Population (5 years)
20202,527
20213,103
20222,682
20232,876
20242,405
GDP (5 years)
2020$3.3B
2021$3.5B
2022$3.9B
2023$4.1B
2024$4.3B

2-year linear forecast

Predictive Outlook

Population forecast

20242,405
20252,577 *
20262,530 *

R² = 7.2% · * projected

GDP forecast

2024$4.3B
2025$4.6B *
2026$4.9B *

R² = 97.4% · * 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$63,000/yr
Median rent$1,206/mo
Rent share of income23.0%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate18.9%
State avg6.0%
U.S. avg4.3%
Labor force participation85.0%
Poverty rate8.5%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median monthly rent$1,206

composite score

Investment Climate

Investment climateModerate
Composite score35/100
Economic growth68/100
Labor market0/100
Population momentum21/100
Overall stability43/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Cannon AFB CDP, New Mexico

City/Town

Part of

Clovis, NM

Nearby locations

Clovis, NMPortales, NMTexico, NMFarwell, TXMelrose, NM