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New Mexico

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State snapshot

New Mexico facts

Explore dated, statewide figures across taxes and the economy, housing, public safety, health, education, and other civic topics.

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14 topic facts + fiscal overview + 9 state trends + 29 reviewed government links

Public money

How New Mexico funds state services

The final FY2027 recurring General Fund budget after line-item vetoes, FY2025 audited State tax revenue and activity, current tax rates, and recurring appropriations by major service area. Each section preserves its own period and accounting scope.

Enacted budget plan

$11.2BFY2027
Signed after $7.7M in recurring General Fund vetoes

FY2027 recurring General Fund appropriations

July 1, 2026–June 30, 2027

Exact reported total: $11,158,177,900

The Legislative Finance Committee's final recurring General Fund total for the feed bill, General Appropriation Act, and compensation enacted through Senate Bill 151, after $7.662 million in gubernatorial line-item vetoes. It excludes $2.651 billion in separately reported FY2027 nonrecurring appropriations, capital outlay, bond authorizations, federal funds, and other State funds.

New Mexico Legislature, Legislative Finance Committee: 2026 Post-Session Report — Appendix C, FY2027 Final Recurring General Fund Total

FY2025 audited actual

Where State tax revenue comes from

$13.5B$13,519,834,000

Shares of the $13.520 billion in taxes reported as general revenue for New Mexico's primary government. The ACFR's business-privilege category is presented under its official aggregate label; the statement does not disaggregate that line into its underlying taxes.

Business privilege taxes$6.0B · 44.0%

The ACFR's aggregate business-privilege tax category for taxes imposed on specified business activities; the Statement of Activities does not disaggregate this line.

Gross receipts taxes$4.6B · 34.0%

Gross-receipts-tax revenue recognized as government-wide general revenue.

Individual income tax$2.1B · 15.8%

Individual-income-tax revenue recognized by the primary government.

Corporate income tax$801.6M · 5.9%

Corporate-income-tax revenue reported in the Statement of Activities.

Other taxes$27.9M · 0.2%

Other taxes grouped by the ACFR outside its separately identified tax categories.

FY2027 final after line-item vetoes

FY2027 recurring General Fund appropriations by service area

$11.2B$11,158,177,900

FactVote groups the final high-level agency amounts in Appendix B, which are published to the nearest $0.1 million. Those rounded lines total $11.1580 billion, while the more detailed Appendix C reports an exact-to-$100 final total of $11.1581779 billion; the chart exposes the $177,900 difference as a published-table rounding adjustment.

Education and early childhood$6.7B · 60.3%

Public education, higher education, and the Early Childhood Education and Care Department.

Health and human services$2.6B · 23.7%

Aging and long-term services, Medicaid, other human services, the Department of Health, and Children, Youth and Families.

Public safety and justice$1.1B · 9.6%

Courts, district attorneys, the Law Offices of the Public Defender, Corrections, and the Department of Public Safety.

General government and all other agencies$441.6M · 4.0%

Taxation and Revenue, Finance and Administration, General Services, the Secretary of State, special appropriations administered by DFA, and all other agencies in the high-level table.

Economic, cultural and natural resources$247.0M · 2.2%

Tourism, economic and workforce development, cultural affairs, energy and natural resources, the State Engineer, and environment programs.

Compensation appropriation$26.0M · 0.2%

The separate recurring compensation appropriation for a 1% increase for State-agency and higher-education employees; public-school compensation is included in public-school support.

Published-table rounding adjustment$177.9K · 0.0%

The high-level service lines are rounded to $0.1 million and total $11.1580 billion, $177,900 below the exact-to-$100 final total in Appendix C.

Tax structure

Common statewide rates

Property and district rates can be local. Each card states the applicable scope.

Latest audited results

Fiscal year ended June 30, 2025

Government-wide activity for New Mexico's primary government on the accrual basis. Revenue combines charges for services, operating grants, capital grants, and general revenues; transfers cancel within the primary-government total.

New Mexico Department of Finance and Administration, Financial Control Division: State of New Mexico FY2025 Annual Financial Report
Government-wide revenue
$43.7B
Government-wide expenses
$31.9B
Method, scope, and limitations

FactVote used the detailed Legislative Finance Committee final total for recurring FY2027 General Fund appropriations after line-item vetoes. The spending chart groups the rounded Appendix B agency lines and explicitly reconciles them to the Appendix C total. FY2025 tax-source shares and audited activity come from the government-wide Annual Financial Report, and current tax-rate facts come from enacted law and the Taxation and Revenue Department.

  • The $11.158 billion headline is recurring General Fund spending, not New Mexico's all-funds budget; it excludes nonrecurring appropriations, capital outlay, bonds, federal funds, and other State funds.
  • The high-level agency figures are rounded to $0.1 million, so the spending chart includes a $177,900 reconciliation adjustment to the more detailed final total.
  • The ACFR's business-privilege tax category is an aggregate label and is not broken into underlying tax programs in the Statement of Activities.
  • FY2025 audited activity is on the accrual basis and is not the same measure or period as FY2027 recurring appropriations.
  • Gross-receipts-tax and property-tax rates vary by locality, tax district, taxable base, and applicable deductions or exemptions.
Last verified August 28, 2026 · Review by August 31, 2027 · New Mexico figures refresh annually.

Taxes and the economy

Taxes, government spending, jobs, wages, and small business.

Taxes and economy

$64,059

Median household income

2020–2024 estimate

Median money income received by New Mexico households, expressed in 2024 inflation-adjusted dollars.

View breakdowns and source

How it was measured

U.S. Census Bureau QuickFacts, sourced from the American Community Survey 2020–2024 five-year estimate.

Keep in mind
  • Income is not take-home pay and does not directly measure taxes, wealth, prices, or purchasing power.
  • A statewide median obscures regional and household differences.

Housing and property costs

Housing supply, affordability, renters, zoning, and property costs.

Housing

$1,067/month

Median gross rent

2020–2024 estimate

Median monthly gross rent for renter-occupied housing units paying cash rent, including contract rent plus estimated average utility and fuel costs paid by the renter.

View breakdowns and source

How it was measured

U.S. Census Bureau QuickFacts, sourced from the American Community Survey 2020–2024 five-year estimate and expressed in 2024 dollars.

Keep in mind
  • This is a multi-year statewide estimate, not a current asking-rent measure.
  • The median obscures differences by location, unit size, housing quality, and renter circumstances.

Public safety and criminal justice

Policing, crime prevention, sentencing, incarceration, and rehabilitation.

Public safety and justice

744.7 per 100,000

Reported violent-crime rate

2024

Violent offenses reported to law enforcement per 100,000 residents in participating jurisdictions.

View breakdowns and source

How it was measured

FactVote sums the 12 monthly state offense rates returned by the FBI Crime Data Explorer for each calendar year. The accompanying coverage value is the mean of the 12 monthly population-coverage percentages returned with the same query.

Keep in mind
  • These are crimes reported to law enforcement, not all crimes that occurred.
  • New Mexico's coverage fell below 90% from 2021 through 2023 (87.7%–89.5%), so those years are flagged as partial reporting. Coverage was 90.8% in 2020 and 93.7% in 2024.
  • Reporting systems, agency participation, and later revisions can change the published series.
  • Average monthly population coverage in 2024 was 93.7%; this is not complete statewide reporting.

Public safety and justice

2,890.9 per 100,000

Reported property-crime rate

2024

Property offenses reported to law enforcement per 100,000 residents in participating jurisdictions.

View breakdowns and source

How it was measured

FactVote sums the 12 monthly state offense rates returned by the FBI Crime Data Explorer for each calendar year. The accompanying coverage value is the mean of the 12 monthly population-coverage percentages returned with the same query.

Keep in mind
  • These are crimes reported to law enforcement, not all crimes that occurred.
  • New Mexico's coverage fell below 90% from 2021 through 2023 (87.7%–89.5%), so those years are flagged as partial reporting. Coverage was 90.8% in 2020 and 93.7% in 2024.
  • Reporting systems, agency participation, and later revisions can change the published series.
  • Average monthly population coverage in 2024 was 93.7%; this is not complete statewide reporting.

Public safety and justice

268

Homicide deaths

2024 final data

Deaths for which homicide was the underlying cause, with the rate age-adjusted per 100,000 residents.

View breakdowns and source

Population-adjusted measure

Age-adjusted homicide death rate
13.2 per 100,000

How it was measured

CDC National Vital Statistics System death-certificate data.

Keep in mind
  • Homicide mortality is not the same as offenses reported to police and does not include nonfatal violence.
  • Counts and rates do not establish causes or the effect of a particular policy.

Healthcare

Coverage, prescription costs, Medicaid, and access to care.

Healthcare

12.4%

People under 65 without health insurance

2024 ACS annual estimate

Share of New Mexico’s civilian noninstitutionalized residents under age 65 who lacked comprehensive health-insurance coverage at the time of the ACS survey.

View breakdowns and source

How it was measured

U.S. Census Bureau QuickFacts, sourced from the 2024 American Community Survey 1-year estimate.

Keep in mind
  • This is a survey estimate for people under 65 and does not describe coverage type or continuity of coverage.
  • Insurance status alone does not measure affordability, access, quality, or health outcomes.

Education

Public schools, school choice, teachers, and higher education.

Education

88.0%

Adults with at least a high school diploma

2020–2024 estimate

Share of New Mexico residents age 25 and older whose reported attainment is a regular high school diploma or equivalent (including GED or an alternative credential), some college, or an associate’s or higher degree.

View breakdowns and source

How it was measured

U.S. Census Bureau QuickFacts, sourced from the American Community Survey 2020–2024 five-year estimate.

Keep in mind
  • This is an adult educational-attainment measure, not a current high-school graduation rate or a measure of school quality.
  • A statewide estimate can obscure differences across communities and demographic groups.

Environment and energy

Clean water, conservation, climate, and energy production.

Environment

37.4%

Wind share of in-state electricity generation

2024

Wind generation as a share of electricity generated at New Mexico facilities, including estimated small-scale solar in the statewide denominator.

View breakdowns and source

EIA generation totals

Wind
15,135,568 MWh
Total, including small-scale solar
40,497,265 MWh

Other major shares

Natural gas
28.8%
Coal
20.8%
Solar
12.6%

How it was measured

FactVote divides 15,135,568 MWh of wind generation from EIA Table 5 by 40,497,265.461 MWh: the Table 5 electric-industry total plus Table 19 estimated small-scale solar generation. Shares are rounded to one decimal place.

Keep in mind
  • The shares are calculated from annual generation and rounded to one decimal; the displayed categories do not show every source.
  • In-state generation is not the same as electricity consumed in New Mexico because power crosses state lines.

Environment

$3.69/gal

Gulf Coast regular gasoline price

Week of September 7, 2026

Estimated average retail price of regular-grade gasoline across all formulations in EIA's Gulf Coast region, including taxes. The region contains Alabama, Arkansas, Louisiana, Mississippi, New Mexico, and Texas.

New Mexico$3.685/gal
United States$4.157/gal

The Gulf Coast average was $0.472 per gallon lower, or about 11.4% below the U.S. average.

View breakdowns and source

New Mexico and U.S. context

Regular gasoline price
New Mexico
$3.685/gal
United States
$4.157/gal

The Gulf Coast average was $0.472 per gallon lower, or about 11.4% below the U.S. average.

Both figures are EIA weekly retail estimates for regular gasoline, including taxes, for the week of September 7, 2026. The New Mexico-side figure is the Gulf Coast regional average, not a New Mexico statewide estimate.U.S. Energy Information Administration: U.S. Regular All Formulations Retail Gasoline Prices

Recent EIA observations

Prior week
$3.618/gal
Weekly change
+6.7¢
One year earlier
$2.733/gal
Change from one year earlier
+95.2¢

How it was measured

FactVote uses EIA’s Gulf Coast series, the smallest current EIA retail region that includes New Mexico. Changes are calculated from the published August 31, 2026 (prior week), and September 8, 2025 (52 weeks earlier), observations.

Keep in mind
  • EIA does not publish a current New Mexico statewide weekly gasoline-price series. This Gulf Coast regional estimate should not be read as New Mexico’s statewide average.
  • The regional average combines Alabama, Arkansas, Louisiana, Mississippi, New Mexico, and Texas, and does not represent the price at every station or in every New Mexico community.
  • Prices are nominal and not adjusted for inflation or seasonal patterns. Weekly estimates can be revised and can differ from monthly averages.
  • Price changes alone do not establish the effect of any bill, official, or government action.

Gun policy and public safety

Firearm rights, gun-safety rules, and violence prevention.

Gun policy

563

Firearm deaths

2024 final data

Deaths in which firearm injury was the underlying cause, with the rate age-adjusted per 100,000 residents.

View breakdowns and source

Population-adjusted measure

Age-adjusted firearm death rate
26.6 per 100,000

How it was measured

CDC National Vital Statistics System death-certificate data.

Keep in mind
  • The total combines firearm deaths across intents, including suicide, homicide, legal intervention, and unintentional or undetermined injury.
  • It does not measure nonfatal injuries, firearm ownership, defensive uses, or policy effects.

Social Security, Medicare, and retirement

Retirement benefits, Medicare, and the long-term financing of these programs.

Retirement security

486,067

Social Security beneficiaries

December 2025

People in New Mexico receiving Old-Age, Survivors, and Disability Insurance benefits in current-payment status.

View breakdowns and source

Selected beneficiary groups

Retired workers
366,403
Disabled workers
52,376
Widow(er)s and parents
25,384

How it was measured

Social Security Administration Master Beneficiary Record administrative data.

Keep in mind
  • The total includes retirement, survivor, disability, spouse, and child beneficiaries; the displayed groups are selected categories and do not sum to the total.
  • It does not measure benefit adequacy, private pensions, or retirement savings.

Immigration and border policy

Border enforcement, legal immigration, and pathways to citizenship.

Immigration

9.4%

Residents who are foreign-born

2020–2024 estimate

Share of New Mexico residents who were not U.S. citizens at birth, including naturalized citizens, lawful noncitizens, and people without lawful status.

View breakdowns and source

How it was measured

U.S. Census Bureau QuickFacts, sourced from the American Community Survey 2020–2024 five-year estimate.

Keep in mind
  • Foreign-born is not a measure of unauthorized immigration or current border crossings.
  • The Census does not assign legal status in this measure.

Voting, democracy, and government accountability

Voting access, election administration, ethics, transparency, and corruption.

Democracy and accountability

69.08%

Registered-voter turnout

November 5, 2024 general election

Share of eligible registered New Mexico voters recorded as participating in the November 2024 general election.

View breakdowns and source

Recent turnout comparison

General election turnout
69.08%
Primary election turnoutJune 2, 2026 primary election
24.60%

New Mexico's official results report 346,460 primary ballots among 1,408,181 eligible voters under the state's semi-open primary rules.

  • The 2026 primary denominator includes 574,373 Democratic, 443,590 Republican, and 390,218 unaffiliated or declined-to-state voters; it is not the same electorate as the 2024 closed-primary denominator or the 2024 general-election denominator.
  • Primary and general elections present different contests and participation incentives.
New Mexico Secretary of State: June 2, 2026 Official Primary Results — Statewide Voter Turnout Review by January 31, 2027

How it was measured

The New Mexico Secretary of State's official results report 928,290 ballots cast among 1,343,825 eligible voters.

Keep in mind
  • This is registered-voter turnout, not participation among every voting-eligible resident.
  • Turnout does not by itself measure election access, administration quality, confidence, or the effect of a specific rule.

Abortion and reproductive rights

Access to abortion and reproductive healthcare.

Reproductive rights

2,859

Resident abortions reported in New Mexico

2023

Induced abortions reported in New Mexico for New Mexico residents during calendar year 2023.

View breakdowns and source

Gestational age

Less than 9 weeks
82.1%
At or before 13 weeks
94.2%
Unknown gestational age
0.5%

How it was measured

New Mexico Department of Health annual vital-statistics report based on the state's legally mandated induced-abortion reporting system.

Keep in mind
  • The report's abortion statistics cover New Mexico residents whose procedures occurred in New Mexico; they exclude New Mexico residents obtaining procedures in other states and do not represent every procedure performed in New Mexico for a nonresident.
  • Reporting completeness and gestational age depend on submitted records; gestational age was unknown for 0.5% of reported procedures.

Facts are shown for context only and do not affect candidate matching or rankings. Dates, definitions, limitations, and primary sources are included with each figure.