New Mexico state Economy Profile

Official State Website URL- http://www.newmexico.gov

New Mexico state Economy

According to the statistics on employment by occupation in New Mexico, 21.74% of workers provide educational, health and social services. 9.8% of people provide Arts, entertainment, recreation, accommodation and food services in New Mexico. The percentage of people involved into professional, scientific, management, administrative, and waste management services in New Mexico is as follows: 9.4%.

In New Mexico government workers account for twenty-two point six nine percent of workers. 68.46% of workers comprise private wage and salary workers. Median household income in New Mexico is equal to thirty-four thousand, one hundred and thirty-three dollars while median family income is thirty-nine thousand, four hundred and twenty-five dollars. The earnings of male full-time, year-round workers, in New Mexico are thirty-one thousand, three hundred and ten dollars. The amount of earnings of female full-time, year-round workers reaches $23,658.

0.0 of families in New Mexico are below poverty line (total population in New Mexico is one million, eight hundred and nineteen thousand, forty-six). There are twenty-nine thousand, eight hundred and ninety-one families with female householder, no husband present. The median age of a New Mexico resident is 34.6 years old.

	New Mexico	%, New Mexico	United States
Population 16 years and over	1,369,176		217,168,077
In labor force	834,632	60.96%	63.92%
- Civilian labor force	823,440	60.14%	63.39%
- - Employed	763,116	55.74%	59.73%
- - Unemployed	60,324	4.41%	3.66%
- - - Percent of civilian labor force	7.3		5.8
- Armed Forces	11,192	0.82%	0.53%
Not in labor force	534,544	39.04%	36.08%
Females 16 years and over	706,081	51.57%	51.66%
In labor force	386,089	28.2%	29.72%
- Civilian labor force	384,190	28.06%	29.65%
- - Employed	356,356	26.03%	27.92%
Own children under 6 years	147,072	10.74%	10.05%
All parents in family in labor force	81,458		12,787,501
COMMUTING TO WORK
Workers 16 years and over	759,177		128,279,228
Car, truck, or van -- drove alone	575,187	75.76%	75.7%
Car, truck, or van -- carpooled	112,489	14.82%	12.19%
Public transportation (including taxicab)	6,074	0.8%	4.73%
Walked	21,435	2.82%	2.93%
Other means	12,019	1.58%	1.19%
Worked at home	31,973	4.21%	3.26%
Mean travel time to work (minutes)	21.9		25.5
Employed civilian population 16 years and over	763,116		129,721,512
OCCUPATION
Management, professional, and related occupations	259,510	34.01%	33.65%
Service occupations	129,349	16.95%	14.86%
Sales and office occupations	197,580	25.89%	26.69%
Farming, fishing, and forestry occupations	7,594	1.0%	0.73%
Construction, extraction, and maintenance occupations	87,172	11.42%	9.45%
Production, transportation, and material moving occupations	81,911	10.73%	14.62%
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining	30,529	4.0%	1.87%
Construction	60,602	7.94%	6.78%
Manufacturing	49,728	6.52%	14.1%
Wholesale trade	20,747	2.72%	3.6%
Retail trade	92,766	12.16%	11.73%
Transportation and warehousing, and utilities	35,710	4.68%	5.2%
Information	18,614	2.44%	3.08%
Finance, insurance, real estate, and rental and leasing	41,649	5.46%	6.89%
Professional, scientific, management, administrative, and waste management services	71,715	9.4%	9.3%
Educational, health and social services	165,897	21.74%	19.92%
Arts, entertainment, recreation, accommodation and food services	74,789	9.8%	7.87%
Other services (except public administration)	38,988	5.11%	4.87%
Public administration	61,382	8.04%	4.79%
CLASS OF WORKER
Private wage and salary workers	522,466	68.46%	78.47%
Government workers	173,189	22.69%	14.59%
Self-employed workers in own not incorporated business	64,108	8.4%	6.63%
Unpaid family workers	3,353	0.44%	0.31%

	New Mexico	%, New Mexico	United States
INCOME IN 1999
Households	678,032		105,539,122
Less than $10,000	84,527	12.47%	9.54%
$10,000 to $14,999	56,773	8.37%	6.31%
$15,000 to $24,999	107,287	15.82%	12.83%
$25,000 to $34,999	97,447	14.37%	12.81%
$35,000 to $49,999	115,315	17.01%	16.53%
$50,000 to $74,999	111,913	16.51%	19.46%
$75,000 to $99,999	53,079	7.83%	10.23%
$100,000 to $149,999	34,045	5.02%	7.72%
$150,000 to $199,999	8,750	1.29%	2.2%
$200,000 or more	8,896	1.31%	2.37%
Median household income (dollars)	34,133		41,994
With earnings	539,277	39.39%	39.12%
- Mean earnings (dollars)	43,895		56,604
With Social Security income	172,565	12.6%	12.47%
- Mean Social Security income (dollars)	10,590		11,320
With Supplemental Security Income	33,110	2.42%	2.13%
- Mean Supplemental Security Income (dollars)	5,863		6,320
With public assistance income	31,664	2.31%	1.67%
- Mean public assistance income (dollars)	2,871		3,032
With retirement income	117,726	8.6%	8.13%
- Mean retirement income (dollars)	18,539		17,376
Families	468,899		72,261,780
Less than $10,000	40,302	8.6%	5.75%
$10,000 to $14,999	32,250	6.88%	4.31%
$15,000 to $24,999	68,104	14.52%	10.74%
$25,000 to $34,999	66,251	14.13%	12.02%
$35,000 to $49,999	84,580	18.04%	17.13%
$50,000 to $74,999	88,776	18.93%	22.32%
$75,000 to $99,999	44,592	9.51%	12.47%
$100,000 to $149,999	29,091	6.2%	9.6%
$150,000 to $199,999	7,559	1.61%	2.75%
$200,000 or more	7,394	1.58%	2.92%
Median family income (dollars)	39,425		50,046
Per capita income (dollars)	17,261		21,587
Median earnings (dollars):
Male full-time, year-round workers	31,310		37,057
Female full-time, year-round workers	23,658		27,194
POVERTY STATUS IN 1999 (below poverty level)
Families	68,178		6,620,945
With related children under 18 years	54,184	79.47%	77.87%
- With related children under 5 years	27,271	40.0%	38.7%
Families with female householder, no husband present	29,891		3,315,916
With related children under 18 years	26,547	88.81%	88.68%
- With related children under 5 years	12,844	42.97%	42.27%
Individuals	328,933		33,899,812
18 years and over	203,715	61.93%	65.35%
- 65 years and over	26,341	8.01%	9.7%
Related children under 18 years	122,488	37.24%	33.59%
- Related children 5 to 17 years	87,293	26.54%	23.52%
Unrelated individuals 15 years and over	81,339	24.73%	31.63%

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