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
0
20.6%
Unemployment is 20.6% for Latest available.
Vintage date unknown
State avg6.0%
U.S. avg4.1%
Population
-9.3% 5-year
0
360
Population moved -9.3% over the latest ACS window.
Vintage date unknown
State population2,120,246
U.S. population334,922,499
Housing
Rent share of income
55
32.1%
Median rent consumes 32.1% 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
$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
Strained
Housing Affordability
32.1%
of median income
1BR estimate$672
2BR estimate$885
Median income$30,625
Median home value$99,000
ACS context
Quick Facts
Population
360
Median age
28.7
Bachelor's degree+
5.5%
Poverty rate
36.1%
Labor force participation
50.2%
Prime rate
6.8%
CPI YoY
+3.0%
U.S. GDP YoY
+6.6%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-09-15
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
-1.9%
GDP CAGR
+5.6%
Federal flow
5 years
Population (5 years)
2020397
2021377
2022362
2023369
2024360
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
2024360
2025348 *
2026340 *
R² = 74.9% · * 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$30,625/yr
Median rent$819/mo
Rent share of income32.1%
Est. mortgage (30yr, 6.5%)$6,007/yr
Mortgage share of income19.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate20.6%
State avg6.0%
U.S. avg4.1%
Labor force participation50.2%
Poverty rate36.1%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$99,000
Median monthly rent$819
Price-to-rent ratio10.1x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score22/100
Economic growth47/100
Labor market0/100
Population momentum0/100
Overall stability33/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.