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Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.

Every State is an Auto State

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Congressional District 1

Autos Drive New Mexico Forward

Industry Impact

12.6K
12.6 Thousand total auto jobs in New Mexico
3.20%
3.20% depend on the auto industry for jobs
$774.1M
Total Labor Income Annually
25.3K
Total New Cars Sold in 2022
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2021 data year; compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, sales figures represent new vehicle registrations between January 1, 2022 - December 31, 2022.

Tax Revenue

$212.4M
total state tax revenue
$426K
corporate profits tax
$6.3M
state income taxes

Registrations

647.5K
Registered

By Body Style

  • Cars 224,256 (34.63%)
  • UVs 218,938 (33.81%)
  • Pickups 162,217 (25.05%)
  • Vans/Minivans 28,358 (4.38%)

By Powertrain

  • ICE / Hybrid 642,596 (99.24%)
  • Electric 3,272 (0.51%)
  • Plug-In Hybrid 1,671 (0.26%)
  • Fuel Cell 0 (0%)
The New Mexico congressional district 1 average age of vehicles is 13.3 years; The national average is 12.2.

Figures compiled by Powerbase Associates with data provided by S&P Global Mobility as of December 31, 2022.

New Purchases

25.3K
Vehicles Sold

By Body Style

  • Cars 4,964 (19.6%)
  • UVs 13,883 (54.82%)
  • Pickups 5,680 (22.43%)
  • Vans/Minivans 796 (3.14%)

By Powertrain

  • ICE / Hybrid 23,957 (94.6%)
  • Electric 1,054 (4.16%)
  • Plug-In Hybrid 313 (1.24%)
  • Fuel Cell 0 (0%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 0.00 0.00 Total Exports
  • 0.00 0.00 Total Imports

Economic Activity from 2022

  • 0.00 0.00 Total Exports
  • 0.00 0.00 Total Imports

Compiled by Powerbase Associates with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2022 - December 31, 2022.

Fueling

  • Gasoline Stations 273
  • EV Level 2 Charging Ports 101
  • EV Level 2 Charging Stations 59
  • EV DC Fast Charging Ports 23
  • EV DC Fast Charging Stations 9

Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling data as of January 1, 2023.

Consumers
$61.3K
Median Household Income
64.80%
Owner Occupied Housing
35.20%
Rental Occupied Housing
84.50%
Owner Occupied Single Family Homes

Commuting to Work

  • Drive Alone to Work (69.10%)
  • Carpool to Work (7.10%)
  • Take Public Transportation (0.50%)
  • Work From Home (19.40%)
  • Other (3.90%)

Housing Type

  • Single Family Home (62.90%)
  • 1-Unit (6%)
  • 2-4 Units (6.10%)
  • 5-9 Units (4%)
  • 10-19 Units (3.80%)
  • 20+ Units (9.30%)
  • Mobile / RV / Boat (7.90%)

Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.