COMPARING TWO PLACES
New Mexico vs New Jersey
PLACE A
New Mexico
VS
PLACE B
New Jersey
New Mexico is 77% smaller than New Jersey. New Jersey earns more, with a median household income $39,497 higher.
NEW MEXICONEW JERSEYDIFFERENCE
Total population2,120,2469,343,809−77% vs New Jersey
Population density171,271−1,253
Population growth2.8%5.7%−2.8 pts
Median age39.440.1−0.7
Male49.7%49.2%+0.5 pts
Female50.3%50.8%−0.5 pts
Foreign-born9.4%23.9%−14.5 pts
White, non-Hispanic36.0%50.9%−15.0 pts
Black1.8%12.2%−10.3 pts
Hispanic / Latino48.4%22.5%+26.0 pts
Asian1.6%10.0%−8.4 pts
Other12.2%4.4%+7.8 pts
Median household income$64,059$103,556−$39,497
Per capita income$36,218$54,253−$18,035
Poverty rate17.8%9.7%+8.1 pts
Income inequality (Gini)0.4770.478Even
Bachelor's degree or higher31.0%43.6%−12.6 pts
Graduate degree13.9%17.6%−3.6 pts
Unemployment rate6.0%6.3%−0.4 pts
Labor force participation57.8%66.4%−8.7 pts
Median home value$248,100$454,400−$206,300
Median gross rent$1,067$1,720−$653
Owner-occupied70.0%63.8%+6.1 pts
Housing vacancy rate12.5%7.5%+5.0 pts
Rent-burdened households45.0%49.1%−4.1 pts
Average commute23.530.5−7.0
Worked from home12.2%16.8%−4.6 pts
Public transit to work0.6%8.1%−7.6 pts
Uninsured9.6%7.5%+2.1 pts
Population, 1990 – 2024