STATE OVERVIEW
New Mexico
§ 01 — Figures
43
TOTAL COUNTIES
1M
HISPANIC POPULATION
ITIN Loan
TOP SEARCH TERM
3
CITIES
§ 02 — Lanes
CHOOSE A LANE
What kind of financing?
§ 03 — Markets
TOP MARKETS
Top markets in New Mexico
§ 04 — AT A GLANCE
Inside New Mexico.
Population
2.11M
Median Household Income
$58,722
Cost of Living
93.4
US = 100
Median Home Value
$297,700
§ 05 — TAXES
What New Mexico charges.
01
Income Tax
1.7% – 5.9%
02
Sales Tax
5.125% GRT · 2.78% avg local
03
Property Tax
0.67% effective
04
Capital Gains
Taxed · 40% LTCG exclusion
05
Retirement Income
Social Security partial exempt · $8,000 pension exclusion
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§ 06 — BUSINESS
Who's working in New Mexico.
Top Industries
01
Oil & Gas
Permian Basin · Southeast NM
02
Federal Labs & Defense
Los Alamos · Albuquerque
03
Film & Media
Albuquerque · Santa Fe
Business Tax Rate
5.9%
Corporate Income Tax
4.8% – 5.9%
Find contractors in New Mexico→
via The Board
§ 07 — INVESTMENT MARKETS
The five zips worth watching.
#
Zip
City
Median Home Value
01
87506
Santa Fe
$885,000
02
87122
Albuquerque
$685,000
03
87501
Santa Fe
$785,000
04
87124
Rio Rancho
$385,000
05
87111
Albuquerque
$425,000
Real estate market data for New Mexico→
via DoorBase
§ 08 — HOW-TOS
Start with the basics.
One starter guide per lane, from the Finance Edition.
SOURCES
- Hero
- Census ACS 5-year 2023 · BEA/MERIC COLI 2024 · Zillow 2026-Q1
- Taxes
- Tax Foundation 2025
- Zips
- Pending DoorBase handoff · provisional Zillow 2026-Q1
- Updated
- 2026-04
IRIS AI