GDP / Output
+2.4% YoY
56
$623.5M
Output changed +2.4% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
53
4.9%
Unemployment is 4.9% for July 2026.
Vintage date unknown
State avg4.7%
U.S. avg5.2%
Population
+68.9% 5-year
100
451
Population moved +68.9% over the latest ACS window.
Vintage date unknown
State population2,120,246
U.S. population334,922,499
Housing
Rent share of income
74
18.6%
Median rent consumes 18.6% 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
$15.4K per resident
100
$191.0M
$191.0M 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
$191.0M
$15.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$85.3M
2. Department of Agriculture$53.2M
3. Department of Transportation$30.7M
Top recipients
Dollars1. ENERGY MINERALS & NATURAL RESOURCES DEPARTMENT$50.0M
2. NEW MEXICO DEPARTMENT OF TRANSPORTATION$30.2M
3. STATE OF NEW MEXICO$6.0M
Affordable
Housing Affordability
18.6%
of median income
1BR estimate$733
2BR estimate$966
Median income$57,692
Median home value$301,200
ACS context
Quick Facts
Population
451
Median age
31.6
Bachelor's degree+
28.2%
Poverty rate
13.3%
Labor force participation
51.0%
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
July 2026
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
+11.1%
GDP CAGR
+6.1%
Federal flow
5 years
Population (5 years)
2020267
2021321
2022249
2023270
2024451
GDP (5 years)
2020$462.6M
2021$512.6M
2022$559.8M
2023$608.6M
2024$623.5M
2-year linear forecast
Predictive Outlook
Population forecast
2024451
2025407 *
2026438 *
R² = 37.0% · * projected
GDP forecast
2024$623.5M
2025$678.7M *
2026$720.5M *
R² = 97.5% · * 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$57,692/yr
Median rent$894/mo
Rent share of income18.6%
Est. mortgage (30yr, 6.5%)$18,276/yr
Mortgage share of income31.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.9%
State avg4.7%
U.S. avg5.2%
Labor force participation51.0%
Poverty rate13.3%
Data from BLS LAUS / CPS. July 2026.
valuation snapshot
Real Estate
Median home value$301,200
Median monthly rent$894
Price-to-rent ratio28.1x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score68/100
Economic growth56/100
Labor market53/100
Population momentum100/100
Overall stability71/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.