Economic Insights

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

Every State is an Auto State

ME NH VT MA RI CT NJ DE MD DC FL HI
Filter Selections:
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.