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
-22.4% 5-year
0
415
Population moved -22.4% over the latest ACS window.
Vintage date unknown
State population2,120,246
U.S. population334,922,499
Housing
Rent share of income
71
20.5%
Median rent consumes 20.5% 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
$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
Affordable
Housing Affordability
20.5%
of median income
1BR estimate$494
2BR estimate$651
Median income$35,313
Median home value$18,600
ACS context
Quick Facts
Population
415
Median age
43.2
Bachelor's degree+
17.3%
Poverty rate
25.1%
Labor force participation
50.0%
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
-5.0%
GDP CAGR
+5.6%
Federal flow
5 years
Population (5 years)
2020535
2021467
2022435
2023369
2024415
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
2024415
2025343 *
2026309 *
R² = 74.4% · * 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$35,313/yr
Median rent$603/mo
Rent share of income20.5%
Est. mortgage (30yr, 6.5%)$1,129/yr
Mortgage share of income3.2%
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 participation50.0%
Poverty rate25.1%
Data from BLS LAUS / CPS. June 2026.
valuation snapshot
Real Estate
Median home value$18,600
Median monthly rent$603
Price-to-rent ratio2.6x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateModerate
Composite score34/100
Economic growth47/100
Labor market34/100
Population momentum0/100
Overall stability47/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.