GDP / Output
+6.8% YoY
86
$10.1B
Output changed +6.8% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
53
4.9%
Unemployment is 4.9% for July 2026.
Vintage date unknown
State avg4.7%
U.S. avg5.2%
Population
+18.1% 5-year
100
228
Population moved +18.1% over the latest ACS window.
Vintage date unknown
State population2,120,246
U.S. population334,922,499
Housing
Rent share of income
58
30.2%
Median rent consumes 30.2% of median household income: Strained.
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
$16.6K per resident
100
$2.6B
$2.6B 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
$2.6B
$16.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.1B
2. Department of Homeland Security$433.7M
3. Department of Education$374.4M
Top recipients
Dollars1. NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT$480.8M
2. STATE OF NEW MEXICO PUBLIC EDUCATION DEPARTMENT$322.9M
3. CDM CONSTRUCTORS INC$88.3M
Strained
Housing Affordability
30.2%
of median income
1BR estimate$697
2BR estimate$918
Median income$33,750
Median home value$253,100
ACS context
Quick Facts
Population
228
Median age
34.4
Bachelor's degree+
8.3%
Poverty rate
31.1%
Labor force participation
52.0%
Prime rate
7.0%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
July 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-17
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
+3.4%
GDP CAGR
+6.8%
Federal flow
5 years
Population (5 years)
2020193
2021200
2022219
2023225
2024228
GDP (5 years)
2020$7.3B
2021$8.3B
2022$8.8B
2023$9.4B
2024$10.1B
2-year linear forecast
Predictive Outlook
Population forecast
2024228
2025242 *
2026251 *
R² = 92.7% · * projected
GDP forecast
2024$10.1B
2025$10.8B *
2026$11.5B *
R² = 98.8% · * 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$33,750/yr
Median rent$850/mo
Rent share of income30.2%
Est. mortgage (30yr, 6.5%)$15,358/yr
Mortgage share of income45.5%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate4.9%
State avg4.7%
U.S. avg5.2%
Labor force participation52.0%
Poverty rate31.1%
Data from BLS LAUS / CPS. July 2026.
valuation snapshot
Real Estate
Median home value$253,100
Median monthly rent$850
Price-to-rent ratio24.8x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score77/100
Economic growth86/100
Labor market53/100
Population momentum100/100
Overall stability73/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.