GDP / Output
+5.2% YoY
75
$11.3B
Output changed +5.2% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
0
15.8%
Unemployment is 15.8% for Latest available.
Vintage date unknown
State avg6.0%
U.S. avg4.2%
Population
-16.2% 5-year
0
2,118
Population moved -16.2% over the latest ACS window.
Vintage date unknown
State population2,120,246
U.S. population334,922,499
Housing
Rent share of income
83
12.3%
Median rent consumes 12.3% 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
$7.8K per resident
98
$1.7B
$1.7B 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
$1.7B
$7.8K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.0B
2. Department of Defense$231.1M
3. Department of Veterans Affairs$198.0M
Top recipients
Dollars1. NEW MEXICO DEPARTMENT OF TRANSPORTATION$80.4M
2. SOUTHWEST RANGE SERVICES LLC$65.1M
3. NEW MEXICO STATE UNIVERSITY$60.2M
Affordable
Housing Affordability
12.3%
of median income
1BR estimate$751
2BR estimate$989
Median income$89,473
Median home value$335,300
ACS context
Quick Facts
Population
2,118
Median age
59.8
Bachelor's degree+
23.2%
Poverty rate
8.6%
Labor force participation
70.0%
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
Latest available
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
-3.5%
GDP CAGR
+7.1%
Federal flow
5 years
Population (5 years)
20202,527
20212,328
20222,205
20232,179
20242,118
GDP (5 years)
2020$8.0B
2021$9.0B
2022$9.7B
2023$10.8B
2024$11.3B
2-year linear forecast
Predictive Outlook
Population forecast
20242,118
20251,981 *
20261,885 *
R² = 89.0% · * projected
GDP forecast
2024$11.3B
2025$12.3B *
2026$13.1B *
R² = 99.3% · * 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$89,473/yr
Median rent$916/mo
Rent share of income12.3%
Est. mortgage (30yr, 6.5%)$20,346/yr
Mortgage share of income22.7%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate15.8%
State avg6.0%
U.S. avg4.2%
Labor force participation70.0%
Poverty rate8.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$335,300
Median monthly rent$916
Price-to-rent ratio30.5x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateModerate
Composite score34/100
Economic growth75/100
Labor market0/100
Population momentum0/100
Overall stability46/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.