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
30
6.1%
Unemployment is 6.1% for Latest available.
Vintage date unknown
State avg6.0%
U.S. avg4.3%
Population
+3.0% 5-year
68
6,034
Population moved +3.0% over the latest ACS window.
Vintage date unknown
State population2,120,246
U.S. population334,922,499
Housing
Rent share of income
73
19.2%
Median rent consumes 19.2% 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
19.2%
of median income
1BR estimate$1,082
2BR estimate$1,425
Median income$82,554
Median home value$264,400
ACS context
Quick Facts
Population
6,034
Median age
31.7
Bachelor's degree+
12.1%
Poverty rate
12.8%
Labor force participation
57.6%
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
+0.6%
GDP CAGR
+19.7%
Federal flow
5 years
Population (5 years)
20205,860
20216,148
20225,863
20236,099
20246,034
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
20246,034
20256,091 *
20266,120 *
R² = 12.6% · * 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$82,554/yr
Median rent$1,319/mo
Rent share of income19.2%
Est. mortgage (30yr, 6.5%)$16,043/yr
Mortgage share of income19.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.1%
State avg6.0%
U.S. avg4.3%
Labor force participation57.6%
Poverty rate12.8%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$264,400
Median monthly rent$1,319
Price-to-rent ratio16.7x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score67/100
Economic growth100/100
Labor market30/100
Population momentum68/100
Overall stability64/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.