state

New Mexico

Demographic and economic profile of New Mexico, sourced from the US Census Bureau (American Community Survey).

Population

2,130,256

Data USA · as of 2024

Median Household Income

$62,125

Census ACS · as of 2023

Median Age

39.4 yrs

Data USA · as of 2024

Population Growth (5-year)

+1.1% since 2018

New Mexico added population at this rate over the prior 5-year ACS5 window.

Demographics

Race & Ethnicity

  • White Alone1,133,871 (53.6%)
  • Two or More Races442,934 (20.9%)
  • Some Other Race Alone253,794 (12.0%)
  • American Indian & Alaska Native Alone201,346 (9.5%)
  • Black or African American Alone44,709 (2.1%)
  • Asian Alone36,065 (1.7%)

Census ACS · as of 2023

Top Languages Spoken at Home

  1. 1.Spanish491,275
  2. 2.Other Indo-European9,659
  3. 3.German or other West Germanic6,117
  4. 4.Tagalog (incl. Filipino)5,708
  5. 5.Vietnamese4,976

Census ACS · as of 2023

Population Under 18

22.1%

Census ACS · as of 2023

Working-Age (18–64)

59.2%

Census ACS · as of 2023

Population 65 and Over

18.8%

Census ACS · as of 2023

Foreign-Born Population

9.2%

Census ACS · as of 2023

Veterans

133,239

Census ACS · as of 2023

Economy

GDP per Capita

$53,542

Data USA · as of 2023

Cost of Living Index

91.0 (US=100)

Data USA · as of 2023

Per Capita Income

$34,823

Census ACS · as of 2023

Unemployment Rate

6.0%

Census ACS · as of 2023

Poverty Rate

18.1%

Census ACS · as of 2023

Top Industries

  1. 1.Educational Services & Health Care235,067
  2. 2.Professional, Scientific, & Management114,390
  3. 3.Retail Trade98,402
  4. 4.Arts, Entertainment, Recreation, & Accommodation92,306
  5. 5.Public Administration68,072

Census ACS · as of 2023

Top Occupations

  1. 1.Management, Business, Science, & Arts Occupations367,884
  2. 2.Sales & Office Occupations178,934
  3. 3.Service Occupations173,458
  4. 4.Natural Resources, Construction, & Maintenance Occupations96,700
  5. 5.Production, Transportation, & Material Moving Occupations95,356

Census ACS · as of 2023

Specialized Industries (Location Quotient)

  1. 1.Agriculture, Forestry, Fishing & Hunting, & Mining (LQ 2.40×)34,912
  2. 2.Public Administration (LQ 1.58×)68,072
  3. 3.Arts, Entertainment, Recreation, & Accommodation (LQ 1.15×)92,306
  4. 4.Other Services (LQ 1.14×)48,833
  5. 5.Educational Services & Health Care (LQ 1.10×)235,067

Census ACS · as of 2023

Housing

Median Home Value

$232,200

Census ACS · as of 2023

Median Gross Rent

$1,021/mo

Census ACS · as of 2023

Homeownership Rate

69.3%

Census ACS · as of 2023

Home Value Distribution

  • $200,000 to $249,99981,794 (14.3%)
  • $300,000 to $399,99980,124 (14.0%)
  • $250,000 to $299,99962,688 (11.0%)
  • $400,000 to $499,99945,578 (8.0%)
  • $500,000 to $749,99941,618 (7.3%)
  • $175,000 to $199,99939,792 (7.0%)

Census ACS · as of 2023

Education

Bachelor's Degree or Higher

30.2%

Census ACS · as of 2023

High School Diploma or Higher

87.7%

Census ACS · as of 2023

Workforce

Labor Force Participation

57.8%

Census ACS · as of 2023

Median Worker Earnings

$36,730

Census ACS · as of 2023

Mean Commute Time

23.2 min

Census ACS · as of 2023

Households Without a Vehicle

5.7%

Census ACS · as of 2023

How People Get to Work

  • Drove Alone684,054 (75.1%)
  • Worked at Home100,080 (11.0%)
  • Carpooled87,185 (9.6%)
  • Walked17,833 (2.0%)
  • Taxi, Motorcycle, or Other10,582 (1.2%)
  • Public Transit6,182 (0.7%)

Census ACS · as of 2023

More on FDI Connect

Compare New Mexico against other US geographies, save it to your shortlist, see active property listings on the interactive map, and unlock the full demographic dashboard.

Open full dashboardCreate free account

Data: US Census Bureau American Community Survey, served via Data USA and the Census Bureau API. See each metric tile for the specific dataset.