New Mexico is one of only two western states that saw less than a 5% increase in population since the 2010 census, the data reveals. Colorado, Texas, Arizona, and Utah all saw population increases of 10% or more. As a nation, the U.S. population grew by 7.4%.
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Why is New Mexico not growing?
“New Mexico’s population growth has basically stagnated over the past decade,” Brian Sanderoff, president of Research & Polling Inc., said in an interview. “The little growth we’ve had is due to natural growth – more births than deaths – not the net migration of more people in than out.”
What will happen to New Mexico in 2025?
The state ends 2025 with 750,000 jobs, 84,000 (10%) fewer than in 2019, with deep losses in retail and administrative services. A weak global recovery depresses oil markets, capping 2025 oil production in New Mexico below 2019 levels.
Is New Mexico a poor state?
New Mexico
New Mexico tops the five poorest U.S. states. New Mexico’s median household income is $51,945, and its poverty rate is 18.2%, the third-highest in the country.
Why is New Mexico such a bad state?
The Land of Enchantment’s ranking is to due to its poor showing in a number of the metrics: it has the highest crime rates, third-highest poverty rates, lowest income growth and smallest population aged 25 and under who have achieved a high school diploma or further education, according to the analysis.
What is bad about New Mexico?
Bad Things About New Mexico
Be it the high crime rates, generational poverty, or drug usage in the state. That limits the potential of many adults. And the challenges of New Mexico living do not stop there.
What is the racial breakdown of New Mexico?
According to the most recent ACS, the racial composition of New Mexicowas: White: 74.81% Native American: 9.55% Other race: 8.63%
What is the ethnic breakdown of New Mexico?
The 5 largest ethnic groups in New Mexico are White (Hispanic) (37.2%), White (Non-Hispanic) (36.8%), Other (Hispanic) (8.85%), American Indian & Alaska Native (Non-Hispanic) (8.67%), and Black or African American (Non-Hispanic) (1.9%).
Is New Mexico a good place to live?
A WalletHub study has compared the states on 52 indicators of livability and has determined that New Mexico ranks 50th as 2021’s best states to live in. The states were compared across five factors including affordability, economy, education and health, quality of life, and safety.
Where in New Mexico should you not live?
Here Are The 10 Most Dangerous Towns In New Mexico To Live In
- Roswell (population 48,623) Flickr/Clinton Steeds.
- Hobbs (population 34,543) Flickr/Chuck Coker.
- Albuquerque (population 553,684)
- Silver City (10,285)
- Socorro (population 9069)
- Taos (population 5722)
- Farmington (population 45,328)
- Artesia (population 11,389)
Is it cheaper to live in New Mexico or Arizona?
What many retirees are finding is better deals, say experts: The median home in New Mexico costs just $151,900 and the cost of living is 3.1% lower than the national average. That makes much of the state far less expensive than Arizona’s most famous retirement havens.
Is New Mexico a good retirement state?
Living in New Mexico has an impressive list of advantages that have made it extremely popular among retirees across the country. The state is ideal for those looking to enjoy their retirement years in a gorgeous, serene setting.
Where do wealthy people live in New Mexico?
According to the report, the wealthiest city in New Mexico is Corrales Village. Here are some Corrales Village statistics: Median household income: $85,580 (24.6% more than U.S. median income) Households earning over $200,000: 612 (16.5% of households)
What is the safest city in New Mexico?
Los Alamos
New Mexico’s safest city is Los Alamos, earning a very high 0.98 Safety Index score that dwarfs those of every other community in the state.
Safest Cities in New Mexico, 2019.
Rank | City | Safety Index |
---|---|---|
1 | Los Alamos | 0.98 |
2 | Portales | -0.02 |
3 | Alamogordo | -0.07 |
4 | Santa Fe | -0.17 |
Why is poverty so high in New Mexico?
High medical expenses and the increased number of aged poor were found to be the causes of this increased rate. The unemployed, as would be expected, had the highest rate (32.9 percent) of poverty among select characteristics in New Mexico in 2019 (Exhibit 4).
What is the biggest problem in New Mexico?
The most intractable problem New Mexico faces is poverty. From low birth-weight babies to violent crime, poverty is either a cause, an effect or a complicating factor in the state’s many dysfunctions.
Is it better to live in Texas or New Mexico?
For example, the average commute time for Las Cruces, NM, is 5 minutes shorter than the average commute time between in El Paso, TX. Don’t be afraid of longer commute times: Just make sure you understand and can handle the traffic in the area of Texas to which you are moving.
Why is Mexico the worst place to live?
While Mexico is a popular vacationing destination, especially for U.S. tourists, the country has many dangerous areas and cities that should be avoided. Mexico is currently dealing with drug trafficking, organized crime, political corruption, violence against journalists, violence against women, and more.
Is New Mexico growing?
NEW MEXICO (KRQE) – Over the last decade, New Mexico’s population has increased by only about 3%, or about 58,000 people, the most recent data from the 2020 census shows.Colorado, Texas, Arizona, and Utah all saw population increases of 10% or more. As a nation, the U.S. population grew by 7.4%.
What is New Mexico’s current population 2021?
2.1 million
New Mexico population in 2021 is expected to be 2.1 million, Thirty-six populous state, Its area is 121,590 sq miles(314,917 sq km) which is fifth largest state in the US.
What is the cost of living in New Mexico?
An amount below 100 means New Mexico is cheaper than the US average. A cost of living index above 100 means New Mexico, New Mexico is more expensive.
New Mexico cost of living is 88.4.
COST OF LIVING | New Mexico | United States |
---|---|---|
Grocery | 93.3 | 100 |
Health | 82.6 | 100 |
Housing | 83.6 | 100 |
Median Home Cost | $246,000 | $291,700 |