GDP / Output
+13.9% YoY
100
$12.9B
Output changed +13.9% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
12
7.3%
Unemployment is 7.3% for Latest available.
Vintage date unknown
State avg6.0%
U.S. avg4.3%
Population
+0.9% 5-year
55
11,498
Population moved +0.9% over the latest ACS window.
Vintage date unknown
State population2,120,246
U.S. population334,922,499
Housing
Rent share of income
75
17.7%
Median rent consumes 17.7% 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
$4.3K per resident
69
$317.4M
$317.4M 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
$317.4M
$4.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$235.5M
2. Department of Transportation$41.4M
3. Department of Veterans Affairs$19.4M
Top recipients
Dollars1. NEW MEXICO DEPARTMENT OF TRANSPORTATION$38.3M
2. REDACTED DUE TO PII$5.1M
3. NEW MEXICO JUNIOR COLLEGE$4.4M
Affordable
Housing Affordability
17.7%
of median income
1BR estimate$831
2BR estimate$1,095
Median income$68,821
Median home value$166,100
ACS context
Quick Facts
Population
11,498
Median age
32.0
Bachelor's degree+
8.4%
Poverty rate
25.0%
Labor force participation
59.4%
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
+0.2%
GDP CAGR
+19.7%
Federal flow
5 years
Population (5 years)
202011,400
202111,505
202211,495
202311,444
202411,498
GDP (5 years)
2020$5.2B
2021$7.7B
2022$11.2B
2023$11.3B
2024$12.9B
2-year linear forecast
Predictive Outlook
Population forecast
202411,498
202511,509 *
202611,522 *
R² = 22.2% · * projected
GDP forecast
2024$12.9B
2025$15.3B *
2026$17.2B *
R² = 92.0% · * 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$68,821/yr
Median rent$1,014/mo
Rent share of income17.7%
Est. mortgage (30yr, 6.5%)$10,079/yr
Mortgage share of income14.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.3%
State avg6.0%
U.S. avg4.3%
Labor force participation59.4%
Poverty rate25.0%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$166,100
Median monthly rent$1,014
Price-to-rent ratio13.7x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score59/100
Economic growth100/100
Labor market12/100
Population momentum55/100
Overall stability58/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.