New Mexico Quick Statistics

Population 2008: 1,980,000 (Ranked 36^th in the US)

Capital: Santa Fe

 

Nickname: Land of Enchantment

 

Estimated Median Household Income: $34,000

Estimated Median Family Income: $39,000

 

Median Value of Housing Units in New Mexico:

 

$108K

 

Largest Metro Areas:

 

Albuquerque - Rio Rancho: 846,000

Santa Fe: 184,000

 

Notable Areas:

 

Albuquerque:

 

Albuquerque was listed as the 6th fastest growing city in America by CNN and the US Census Bureau. Albuquerque lies at the center of the New Mexico Technology Corridor, a concentration of high-tech private companies and government institutions along the Rio Grande. Larger institutions whose employees contribute to the population are numerous. The city hosts the annual New Mexico State Fair for 17 days in September at Expo New Mexico. Albuquerque's climate is usually sunny and dry, with low relative humidity. Brilliant sunshine defines the region; periods of variably mid and high-level cloudiness temper the sun at other times. Extended cloudiness is rare. The city has four distinct seasons, but the heat and cold are mild compared to the extremes that occur more commonly in other parts of the country.

 

 

Avg. Rental Rate in the Albuquerque Area

 

Studio: $465

One Bed: $602

Two Bed: $751

Three Bed: $980

 

 

 

 

Santa Fe:

 

After State government, tourism is a major element of the Santa Fe economy, with visitors attracted year-round by the climate and related outdoor activities (such as skiing in years of adequate snowfall; hiking in other seasons) plus cultural activities of the city and the region. The city is well-known as a center for arts that reflect the multicultural character of the city. The town and the surrounding areas have a high concentration of artists. They have come over the decades to capture on canvas and in other media the natural beauty of the landscape, the flora and the fauna. Santa Fe is characterized by cool winters and warm summers.

 

 

Avg. Rental Rate in Santa Fe Area

 

One Bed: $686

Two Bed: $846

Three Bed: $1,015

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