GDP / Output
+1.2% YoY
47
$7.0B
Output changed +1.2% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
34
5.8%
Unemployment is 5.8% for June 2026.
Vintage date unknown
State avg4.8%
U.S. avg4.2%
Population
+26.7% 5-year
100
2,770
Population moved +26.7% over the latest ACS window.
Vintage date unknown
State population2,120,246
U.S. population334,922,499
Housing
Rent share of income
43
40.4%
Median rent consumes 40.4% 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
$8.4K per resident
100
$1.0B
$1.0B 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
$1.0B
$8.4K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$602.2M
2. Department of the Interior$190.7M
3. Department of Veterans Affairs$60.7M
Top recipients
Dollars1. JACOBS PROJECT MANAGEMENT CO.$132.6M
2. NEW MEXICO DEPARTMENT OF TRANSPORTATION$54.7M
3. CENTRAL CONSOLIDATED SCHOOL$29.9M
Strained
Housing Affordability
40.4%
of median income
1BR estimate$1,226
2BR estimate$1,615
Median income$44,352
Median home value$219,300
ACS context
Quick Facts
Population
2,770
Median age
41.1
Bachelor's degree+
10.8%
Poverty rate
20.2%
Labor force participation
52.5%
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
+4.8%
GDP CAGR
+5.6%
Federal flow
5 years
Population (5 years)
20202,187
20211,990
20222,346
20232,215
20242,770
GDP (5 years)
2020$5.4B
2021$6.0B
2022$6.7B
2023$7.0B
2024$7.0B
2-year linear forecast
Predictive Outlook
Population forecast
20242,770
20252,719 *
20262,858 *
R² = 57.1% · * projected
GDP forecast
2024$7.0B
2025$7.7B *
2026$8.2B *
R² = 90.7% · * 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$44,352/yr
Median rent$1,495/mo
Rent share of income40.4%
Est. mortgage (30yr, 6.5%)$13,307/yr
Mortgage share of income30.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.8%
State avg4.8%
U.S. avg4.2%
Labor force participation52.5%
Poverty rate20.2%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$219,300
Median monthly rent$1,495
Price-to-rent ratio12.2x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score56/100
Economic growth47/100
Labor market34/100
Population momentum100/100
Overall stability55/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.