Abstract
New Mexico had a population of 2 million people in 2006, making it the fifteenth least populous state. The state’s population increased by 135,553 people from 2000 to 2006, and is projected to increase to 2.1 million by 2025. This 0.4% projected annual growth rate compares to the projected national average of 0.8%. Per capita personal income in New Mexico was $29,725 in 2006, up from $28,042 in 2005. For 2006, this was sixth lowest in the country and $6,904 below the national average. From 2000 to 2006 per capita income in New Mexico grew at an average annual rate of 5.0%, compared to 3.5% nationally.
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© 2008 Patrick L. Anderson and Scott D. Watkins
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Anderson Economic Group, LLC., Watkins, S.D., Anderson, P.L. (2008). New Mexico. In: Watkins, S.D., Anderson, P.L. (eds) The State Economic Handbook 2009 Edition. Palgrave Macmillan, New York. https://doi.org/10.1057/9780230614994_32
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DOI: https://doi.org/10.1057/9780230614994_32
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-349-37611-7
Online ISBN: 978-0-230-61499-4
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