New Mexico

• Income gap: Households earn meaningfully less than the national median, affecting retail demand, housing absorption, and tax base statewide.
• Elevated poverty: At 17.8%, the rate supports federal funding narratives across distressed counties (CDFI, NMTC, EDA).
• Talent gap: Bachelor's-or-higher attainment trails the national average by 4.7 pts, relevant for advanced-services attraction strategy.

• Largest sector: Health Care and Social Assistance employs 131,317 workers (22.4% of the top displayed sectors), at an average wage of $55,108.
• Economic scale: State GDP of $147.1B (2024) with per-capita income of $58,249.

• Top specialization: Support Activities for Mining concentrates at 11.06x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity.
• Cluster depth: 8 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
• Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.

• In line with national: Home value to income ratio of 3.9x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
• Elevated vacancy: 12.5% vacancy rate; potential redevelopment opportunity.

• Strong participation: 79.3% labor force participation indicates an engaged, available workforce statewide.

New Mexico shows strong potential for support activities for mining attraction, with a 11.06x concentration and 16,542 jobs in this sub-sector.

Cluster depth across support activities for mining, oil and gas extraction, and mining (except oil and gas) creates supply-chain attraction leverage, a structural advantage for industrial recruitment.

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