Tax Tracker

States › New Mexico

NM

New Mexico

$41.47Bfederal awards, FY2025#32 of 56
$19,584per person#13 of 56
$15,626national average per person 
2,117,522population 

By fiscal year

YearTotalPer person
FY2025$41.5B$19,584
FY2026$42.6B$20,129

Spending is counted where the work happens (place of performance). A few states can look very high per person when one large loan or contract lands there.

New Mexico on USAspending.gov ↗