GDP / Output
+5.5% YoY
77
$54.8B
Output changed +5.5% in 2024.
Vintage date unknown
State growth6.2%
U.S. growth5.3%
Jobs
Unemployment rate
47
5.3%
Unemployment is 5.3% for July 2026.
Vintage date unknown
State avg6.0%
U.S. avg5.2%
Population
-5.2% 5-year
19
37,120
Population moved -5.2% over the latest ACS window.
Vintage date unknown
State population2,120,246
U.S. population334,922,499
Housing
Rent share of income
72
19.7%
Median rent consumes 19.7% 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
$17.9K per resident
100
$12.1B
$12.1B 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
$12.1B
$17.9K per resident in reported federal flow.
Top agencies
Dollars1. Department of Energy$5.8B
2. Social Security Administration$3.3B
3. Department of Health and Human Services$947.1M
Top recipients
Dollars1. NATIONAL TECHNOLOGY & ENGINEERING SOLUTIONS OF SANDIA, LLC$5.7B
2. APPLIED RESEARCH ASSOCIATES, INC.$181.6M
3. UNIVERSITY OF NEW MEXICO$133.2M
Affordable
Housing Affordability
19.7%
of median income
1BR estimate$782
2BR estimate$1,030
Median income$58,224
Median home value$224,300
ACS context
Quick Facts
Population
37,120
Median age
41.7
Bachelor's degree+
15.1%
Poverty rate
18.5%
Labor force participation
54.4%
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
July 2026
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
-1.1%
GDP CAGR
+6.4%
Federal flow
5 years
Population (5 years)
202039,150
202136,583
202237,601
202336,605
202437,120
GDP (5 years)
2020$40.3B
2021$43.8B
2022$48.0B
2023$52.0B
2024$54.8B
2-year linear forecast
Predictive Outlook
Population forecast
202437,120
202536,200 *
202635,797 *
R² = 36.4% · * projected
GDP forecast
2024$54.8B
2025$59.0B *
2026$62.7B *
R² = 99.6% · * 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$58,224/yr
Median rent$954/mo
Rent share of income19.7%
Est. mortgage (30yr, 6.5%)$13,610/yr
Mortgage share of income23.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate5.3%
State avg6.0%
U.S. avg5.2%
Labor force participation54.4%
Poverty rate18.5%
Data from BLS LAUS / CPS. July 2026.
valuation snapshot
Real Estate
Median home value$224,300
Median monthly rent$954
Price-to-rent ratio19.6x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score54/100
Economic growth77/100
Labor market47/100
Population momentum19/100
Overall stability60/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.