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
29
6.5%
Unemployment is 6.5% for Latest available.
Vintage date unknown
State avg6.0%
U.S. avg5.2%
Population
+9.8% 5-year
100
729
Population moved +9.8% 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$757
2BR estimate$997
Median income$36,635
Median home value$322,600
ACS context
Quick Facts
Population
729
Median age
39.6
Bachelor's degree+
19.3%
Poverty rate
27.7%
Labor force participation
52.5%
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
Latest available
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
+1.9%
GDP CAGR
+6.8%
Federal flow
5 years
Population (5 years)
2020664
2021778
2022796
2023759
2024729
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
2024729
2025779 *
2026790 *
R² = 11.5% · * 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$36,635/yr
Median rent$923/mo
Rent share of income30.2%
Est. mortgage (30yr, 6.5%)$19,575/yr
Mortgage share of income53.4%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate6.5%
State avg6.0%
U.S. avg5.2%
Labor force participation52.5%
Poverty rate27.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$322,600
Median monthly rent$923
Price-to-rent ratio29.1x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score69/100
Economic growth86/100
Labor market29/100
Population momentum100/100
Overall stability65/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.