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Regular military salaries of New Mexico residents serving in the U.S. military are subject to the income tax, but since 2007, active-duty military salaries have been exempt from the state income tax. [7] [8] Personal income tax rates for New Mexico range from 1.7% to 4.9%, within four income brackets. [9]
According to the 2020 United States Census, New Mexico is the 15th least-populous state with 2,117,522 inhabitants [1] but the 5th-largest by land area, spanning 121,298.15 square miles (314,160.8 km 2). [2] New Mexico is divided into 33 counties and contains 106 municipalities consisting of cities, towns, villages and an incorporated county. [3]
New Mexico taxes retirement income using state income tax rates, which range from 1.7% to 5.9% in 2024. Residents ages 65 and older can claim an $8,000 exemption to offset their tax burdens.
New Mexico has the fifth lowest per capita income in the United States of America, at $17,261 (2000). Its personal per capita income is $25,541 (2003). New Mexico counties ranked by per capita income
A municipality may call itself a: village, town, or city. [2] There is no distinction in the statutes and no correlation to any particular form (Mayor-Council, Commission-Manager, etc.). Unless provided otherwise in a municipality's charter, municipal elections are held on the first Tuesday in March of every even-numbered year. [ 3 ]
The Southern Rocky Mountain Front is a megaregion of the United States, otherwise known as a megalopolis, with population centers consisting mainly of the Front Range Urban Corridor and the Albuquerque–Santa Fe–Los Alamos combined statistical area, located along the eastern and southern face of the Southern Rocky Mountains in the U.S. states of Wyoming, Colorado, and New Mexico.
New Mexico's largest city is Albuquerque, and its state capital is Santa Fe, the oldest state capital in the U.S., founded in 1610 as the government seat of Nuevo México in New Spain. New Mexico is the fifth-largest of the fifty states by area, but with just over 2.1 million residents, ranks 36th in population and 45th in population density ...
On July 21, 2023, the OMB delineated two combined statistical areas, four metropolitan statistical areas, and 13 micropolitan statistical areas in New Mexico. [1] As of 2023, the largest of these is the Albuquerque-Santa Fe-Los Alamos, NM CSA , comprising the area around New Mexico's largest city of Albuquerque as well as its capital, Santa Fe .