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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 2

Autos Drive New Mexico Forward

Industry Impact

7K
7 Thousand total auto jobs in New Mexico
2.20%
2.20% depend on the auto industry for jobs
$397.8M
Total Labor Income Annually
21.1K
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

$104.8M
total state tax revenue
$183.7K
corporate profits tax
$3.1M
state income taxes

Registrations

653K
Registered

By Body Style

  • Cars 212,645 (32.56%)
  • UVs 183,650 (28.12%)
  • Pickups 217,819 (33.35%)
  • Vans/Minivans 25,176 (3.86%)

By Powertrain

  • ICE / Hybrid 651,175 (99.71%)
  • Electric 1,157 (0.18%)
  • Plug-In Hybrid 717 (0.11%)
  • Fuel Cell 0 (0%)
The New Mexico congressional district 2 average age of vehicles is 14.1 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

21.1K
Vehicles Sold

By Body Style

  • Cars 4,418 (20.9%)
  • UVs 9,874 (46.71%)
  • Pickups 6,421 (30.38%)
  • Vans/Minivans 425 (2.01%)

By Powertrain

  • ICE / Hybrid 20,597 (97.44%)
  • Electric 411 (1.95%)
  • Plug-In Hybrid 129 (0.61%)
  • Fuel Cell 0 (0%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 1.1B 1.1 Billion Total Exports
  • 295.9M 295.9 Million Total Imports

Economic Activity from 2022

  • 19.1M 19.1 Million Total Exports
  • 48.7M 48.7 Million 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 405
  • EV Level 2 Charging Ports 66
  • EV Level 2 Charging Stations 24
  • EV DC Fast Charging Ports 14
  • EV DC Fast Charging Stations 5

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
$49.9K
Median Household Income
69.80%
Owner Occupied Housing
30.20%
Rental Occupied Housing
80.30%
Owner Occupied Single Family Homes

Commuting to Work

  • Drive Alone to Work (73.70%)
  • Carpool to Work (10.10%)
  • Take Public Transportation (0.20%)
  • Work From Home (12.40%)
  • Other (3.60%)

Housing Type

  • Single Family Home (63.90%)
  • 1-Unit (2.30%)
  • 2-4 Units (4.80%)
  • 5-9 Units (2.50%)
  • 10-19 Units (1.70%)
  • 20+ Units (2.10%)
  • Mobile / RV / Boat (22.70%)

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