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
44
5.5%
Unemployment is 5.5% for June 2026.
Vintage date unknown
State avg6.0%
U.S. avg5.2%
Population
-2.6% 5-year
35
4,838
Population moved -2.6% over the latest ACS window.
Vintage date unknown
State population2,120,246
U.S. population334,922,499
Housing
Rent share of income
82
12.5%
Median rent consumes 12.5% 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
$560.8M
$560.8M 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
$560.8M
$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
12.5%
of median income
1BR estimate$683
2BR estimate$900
Median income$79,662
Median home value$285,700
ACS context
Quick Facts
Population
4,838
Median age
49.9
Bachelor's degree+
33.6%
Poverty rate
24.8%
Labor force participation
52.4%
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
-0.5%
GDP CAGR
+7.2%
Federal flow
5 years
Population (5 years)
20204,965
20214,938
20224,840
20234,641
20244,838
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
20244,838
20254,679 *
20264,624 *
R² = 46.9% · * 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$79,662/yr
Median rent$833/mo
Rent share of income12.5%
Est. mortgage (30yr, 6.5%)$17,336/yr
Mortgage share of income21.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.5%
State avg6.0%
U.S. avg5.2%
Labor force participation52.4%
Poverty rate24.8%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$285,700
Median monthly rent$833
Price-to-rent ratio28.6x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score62/100
Economic growth91/100
Labor market44/100
Population momentum35/100
Overall stability67/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.