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People Moving to New Mexico

IRS tax return migration data (2021→2022) shows where New Mexicoresidents are going and who's moving in.

Net Migration

+462

households

Moved In

800,545

households

Moved Out

800,083

households

Avg Income (Inflow)

$69,576

per household

Moving INTO New Mexico from:

1.Arizona
2,175avg $58,338
2.California
1,850avg $93,549
3.Colorado
1,508avg $68,478
4.Nevada
508avg $60,584
5.Texas
319avg $66,194
6.Washington
298avg $92,966
7.Florida
289avg $65,885
8.Oregon
203avg $84,842
9.Illinois
177avg $154,553
10.New York
113avg $119,088

New Mexico residents moving TO:

1.Arizona
2,446avg $59,804
2.Colorado
1,203avg $67,908
3.California
1,022avg $80,311
4.Texas
558avg $74,057
5.Nevada
508avg $64,958
6.Florida
395avg $72,318
7.Washington
344avg $78,883
8.Oregon
173avg $110,757
9.Utah
155avg $91,980
10.Illinois
129avg $74,844

💡 Investment Signal: New Mexico is gaining population. New residents earn an average of $69,576, suggesting strong rental demand and potential rent growth.