NEW MEXICO ECONOMIC
DEVELOPMENT DEPARTMENT

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We're not for everyone.
We are for you.

We get it. New Mexico isn’t right for every business. In fact, we prefer it that way. We’re proud of our communities and of the visionary businesses that call it home. 

So who are we right for? The visionaries, the innovators, the pioneers. Those who have a vision for the future, who are ready to take on the world’s biggest challenges, who care about their communities. If that’s you, we have a lot to offer, from a business friendly culture to ample, affordable real estate. Get to know us better here. 

1 M
POPULATION
5.3 %
1 YEAR GROWTH RATE
37
MEDIAN AGE
860 K
EMPLOYEES

Our workforce is skilled and future-focused.
With a well-developed talent pipeline, we are the ideal home for growing companies.

We are diverse

Our business ownership is inclusive

Did You Know?

New Mexico has 9.2 times as many astronomers & physicists when compared to other states? Not only that, we have 8.2 times as many environmental scientists and specialists, including health, when compared to other states.

It’s easy to see why so many people love to call New Mexico home.
Your employees will love it here.

Our housing is affordable

We're a top state in the nation for homeownership

60 %
OWNER OCCUPIED HOUSING UNITS
$ 807
AVERAGE PROPERTY TAXES
770 K
HOUSEHOLDS
21
MINUTE AVERAGE COMMUTE TIME

Did You Know?

Nearly 67% of the housing units in New Mexico are occupied by their owner. This percentage of owner-occupation is higher than the national average of 63.9%.

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