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
14.9%
Unemployment is 14.9% for Latest available.
Vintage date unknown
State avg6.0%
U.S. avg4.1%
Population
-11.4% 5-year
0
7,610
Population moved -11.4% over the latest ACS window.
Vintage date unknown
State population2,120,246
U.S. population334,922,499
Housing
Rent share of income
68
23.2%
Median rent consumes 23.2% 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
$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
23.2%
of median income
1BR estimate$569
2BR estimate$750
Median income$35,900
Median home value$104,400
ACS context
Quick Facts
Population
7,610
Median age
34.1
Bachelor's degree+
11.6%
Poverty rate
34.6%
Labor force participation
53.1%
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
-2.4%
GDP CAGR
+5.6%
Federal flow
5 years
Population (5 years)
20208,588
20218,452
20228,275
20238,339
20247,610
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
20247,610
20257,632 *
20267,425 *
R² = 74.7% · * 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$35,900/yr
Median rent$694/mo
Rent share of income23.2%
Est. mortgage (30yr, 6.5%)$6,335/yr
Mortgage share of income17.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate14.9%
State avg6.0%
U.S. avg4.1%
Labor force participation53.1%
Poverty rate34.6%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$104,400
Median monthly rent$694
Price-to-rent ratio12.5x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateWeak
Composite score23/100
Economic growth47/100
Labor market0/100
Population momentum0/100
Overall stability36/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.