COMPARING TWO PLACES
New Mexico vs Nevada
PLACE A
New Mexico
VS
PLACE B
Nevada
New Mexico is 33% smaller than Nevada. Nevada earns more, with a median household income $14,201 higher. Nevada has grown faster since 2000 (15% vs 3%).
NEW MEXICONEVADADIFFERENCE
Total population2,120,2463,184,612−33% vs Nevada
Population density1729−12
Population growth2.8%15.0%−12.1 pts
Median age39.439.1+0.3
Male49.7%50.4%−0.7 pts
Female50.3%49.6%+0.7 pts
Foreign-born9.4%19.1%−9.7 pts
White, non-Hispanic36.0%44.8%−8.8 pts
Black1.8%9.0%−7.2 pts
Hispanic / Latino48.4%29.6%+18.8 pts
Asian1.6%8.8%−7.1 pts
Other12.2%7.9%+4.3 pts
Median household income$64,059$78,260−$14,201
Per capita income$36,218$41,354−$5,136
Poverty rate17.8%12.4%+5.4 pts
Income inequality (Gini)0.4770.467+0.0
Bachelor's degree or higher31.0%27.9%+3.1 pts
Graduate degree13.9%9.8%+4.2 pts
Unemployment rate6.0%7.0%−1.0 pts
Labor force participation57.8%63.2%−5.4 pts
Median home value$248,100$435,400−$187,300
Median gross rent$1,067$1,597−$530
Owner-occupied70.0%60.0%+10.0 pts
Housing vacancy rate12.5%9.3%+3.2 pts
Rent-burdened households45.0%52.8%−7.8 pts
Average commute23.524.8−1.3
Worked from home12.2%11.9%+0.3 pts
Public transit to work0.6%2.2%−1.7 pts
Uninsured9.6%11.4%−1.8 pts
Population, 1990 – 2024