Travis Brown of How Money Walks, a website that vividly illustrates how wealth and people move around the country using IRS data, has put together a map illustrating how money and people move throughout New Mexico and to/from what states people and money are coming to/leaving our state.
Check out the full series of charts here.
Mr. Brown’s original presentation along with an interview by Capitol Report New Mexico can be found here.
It would seem that taxes play a larger role in how people move around the nation than they do within New Mexico where the phenomenon is one of people leaving rural areas, even booming ones in the oil patch, to live in the Rio Grande Valley.
Also, people are moving to Bernalillo County, but their money is moving out of the County.