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New Mexico

State

Population: 2,114,371 (2023 estimate)

Demographic, economic, and housing data for New Mexico from the U.S. Census Bureau's American Community Survey. Figures cover the full state — drill into any county or city below for local breakdowns.

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New Mexico Rankings

Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024). Unemployment rate from BLS LAUS (more current).

Quick Facts — New Mexico

What is the median household income in New Mexico?
The median household income in New Mexico is $62,125 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in New Mexico?
The poverty rate in New Mexico is 13.7% (U.S. Census Bureau ACS 2023).
What is the median home value in New Mexico?
$232,200 (U.S. Census Bureau ACS 2023).
What is the average rent in New Mexico?
The median gross rent in New Mexico is $1,021 per month (U.S. Census Bureau ACS 2023).
What percentage of New Mexico residents have a college degree?
30.2% of adults in New Mexico hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,114,768
Median Income
$62,125
Median Home Value
$232,200
Poverty Rate
13.7%
Unemployment (Dec 2025)
4.3%
Median Age
39.0 yrs
Since 2019 Median Income: +$12,371 (+24.9%) Home Value: +$60,800 (+35.5%) Poverty Rate: -0.8 pp (-5.5%) Bachelor's+: +2.9 pp (+10.6%) Unemployment: -0.7 pp (-10.4%)

Demographics

Total Population 2,114,768
Median Age 39.0
Female 50.3%
Race & Ethnicity
Hispanic or Latino 48.2% White (non-Hisp.) 36.5% Black 2.1% Asian 1.7% Two or More 20.9% Other 12.0%
Asian Subgroups (% of total pop.)
Filipino
0.5%
Chinese
0.3%
Vietnamese
0.3%
Indian
0.2%
Korean
0.1%
Japanese
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
31.9%
Puerto Rican
0.5%
Cuban
0.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $62,125 ±$608
Per Capita Income $85,190
Median Family Income $76,143
Poverty Rate 13.7%
Child Poverty Rate 21.4%
Working-Age Poverty Rate
SNAP Recipients 18.7%
Social Security Income
Retirement Income 26.1%
Household Income Distribution
< $10k
6.6%
$10–15k
5.2%
$15–25k
9.1%
$25–35k
8.5%
$35–50k
11.7%
$50–75k
17.0%
$75–100k
12.4%
$100–150k
15.1%
$150–200k
7.2%
$200k+
7.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 949,524
Owner-Occupied 69.3%
Renter-Occupied 30.7%
Vacancy Rate 13.1%
Median Home Value $232,200
Median Gross Rent $1,021
Owner Cost Burden (30%+) 22.3%
Renter Cost Burden (30%+) 40.9%
Home Price Appreciation (FHFA HPI)
1-Year +2.8%
5-Year +50.3%
HPI (2025 Q4) 553.2

Source: FHFA House Price Index, base 1991 Q1 = 100.

Home Value Distribution
< $50k
9.7%
$50–100k
8.4%
$100–200k
9.9%
$200–300k
25.3%
$300–500k
22.0%
$500k–$1M
9.7%
$1M+
2.3%
Gross Rent Distribution
< $500
9.0%
$500–1k
39.5%
$1–1.5k
32.0%
$1.5–2k
13.9%
$2–2.5k
3.6%
$2.5–3.5k
1.0%
$3.5k+
1.0%
Vehicle Availability
No vehicle
5.7%
1 vehicle
33.3%
2 vehicles
35.8%
3+
25.2%
Housing Type
Single-fam. det.
64.6%
Single-fam. att.
3.7%
2–4 units
1.7%
5–19 units
2.8%
20+ units
4.8%
Mobile home
15.8%
Housing Age
Pre-1940
4.5%
1940–1969
3.6%
1970–1999
17.0%
2000–2009
15.2%
2010+
7.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 87.7%
Bachelor's or Higher 30.2%
Graduate Degree 13.6%
Some College / Associate 22.6%
Less Than High School 5.2%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 57.8%
Unemployment Rate 6.0%
Work from Home 11.0%
Self-Employed 6.6%
Government Workers 23.4%
Private For-Profit 69.7%
Industry
Edu/Health
25.8%
Prof. Services
12.5%
Retail
10.8%
Arts/Entmt.
10.1%
Public Admin
7.5%
Construction
7.4%
Finance
4.7%
Transportation
4.7%
Manufacturing
4.3%
Agriculture
3.8%
Wholesale
1.7%
Information
1.4%
Occupation
Management
40.3%
Sales
19.6%
Food Prep
19.0%
Construction
10.6%
Production
10.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 23.2 min
Drove Alone 75.1%
Carpool 9.6%
Public Transit 0.7%
Work from Home 11.0%
Walked 2.0%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 825,021
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 41.4%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 13.9%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.3%
5–9
6.0%
10–14
6.7%
15–19
6.8%
20–24
6.6%
25–34
13.2%
35–44
12.7%
45–54
11.2%
55–64
6.1%
65–74
6.7%
75–84
11.3%
85+
5.4%
Under 18: 22.1% Working age (18–64): 77.9% 65 and over: 18.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 9.2%
Naturalized Citizen 45.0%
Speaks English Less Than Very Well 8.7%
Foreign-Born Origin
Latin America
73.0%
Asia
14.9%
Europe
7.7%
Africa
2.6%

Veterans & Disability

Veteran 8.2%
With a Disability 16.7%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 90.5%
Uninsured 9.5%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 84.2%
Has a Computer 92.4%
Same House 1 Year Ago 87.8%
Moved from Abroad 0.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Largest Counties in New Mexico

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