Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
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- Industry Impact
- Tax Revenue
- Registrations
- New Purchases
- Activity at Ports
- Fueling
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Congressional District 3
Autos Drive New Mexico Forward
Industry Impact
9.3K
9.3 Thousand total auto jobs in New Mexico
2.60%
2.60% depend on the auto industry for jobs
$529.8M
Total Labor Income Annually
24K
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
$141.28M
total state tax revenue
$241.2K
corporate profits tax
$4.99M
federal income taxes
Registrations
682K
Registered
By Body Style
- Cars 197,391 (28.94%)
- UVs 211,403 (31%)
- Pickups 234,023 (34.31%)
- Vans/Minivans 23,868 (3.5%)
By Powertrain
- ICE / Hybrid 679,011 (99.56%)
- Electric 1,863 (0.27%)
- Plug-In Hybrid 1,135 (0.17%)
- Fuel Cell 0 (0%)
The New Mexico congressional district 3 average age of vehicles is 14.2 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
24K
Vehicles Sold
By Body Style
- Cars 4,065 (16.95%)
- UVs 11,982 (49.95%)
- Pickups 7,577 (31.59%)
- Vans/Minivans 363 (1.51%)
By Powertrain
- ICE / Hybrid 23,147 (96.5%)
- Electric 624 (2.6%)
- Plug-In Hybrid 215 (0.9%)
- Fuel Cell 0 (0%)
Auto-related Activity at Ports
Economic Activity From Past Decade
- Total Exports
- Total Imports
Economic Activity from 2022
- Total Exports
- 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 493
- EV Level 2 Charging Ports 131
- EV Level 2 Charging Stations 60
- EV DC Fast Charging Ports 26
- EV DC Fast Charging Stations 13
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
$51.4K
Median Household Income
74.40%
Owner Occupied Housing
25.60%
Rental Occupied Housing
84.50%
Owner Occupied Single Family Homes
Commuting to Work
- Drive Alone to Work (74.40%)
- Carpool to Work (8.70%)
- Take Public Transportation (0.40%)
- Work From Home (13.10%)
- Other (3.50%)
Housing Type
- Single Family Home (66.90%)
- 1-Unit (4.30%)
- 2-4 Units (4.50%)
- 5-9 Units (1.90%)
- 10-19 Units (2%)
- 20+ Units (2.70%)
- Mobile / RV / Boat (17.70%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.