Last week the U.S. Census Bureau dumped a pile of national, state, and local data for 2016, including fresh figures on income, poverty, and healthcare coverage.
Let’s look at how New Mexico did on four key metrics in the five-year period beginning in 2011.
Population “growth” has been nonexistent:
Real median household income has risen by only 4.4 percent:
The median home value (again, adjusted for inflation) is more than $2,000 lower:
And the poverty rate is about where it’s been for the last five years:
An effective economic-development strategy remains, more than ever, badly needed in a state that has been mired in stagnation for years.