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Economics in New Mexico

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Economics Schools in New Mexico

In 2020-2021, 93 students earned their Economics degrees in NM.

In terms of popularity, Economics is the 5th most popular major in the state out of a total 18 majors commonly available.

Education Levels of Economics Majors in New Mexico

Economics majors in the state tend to have the following degree levels:

Education Level Number of Grads
Bachelor’s Degree 63
Postbaccalaureate Certificate 17
Post-Master’s Certificate 17
Master’s Degree 9
Doctor’s Degree (Research / Scholarship) 4
Doctor’s Degree (Professional Practice) 4
Doctor’s Degree (Other) 4

Gender Distribution

In New Mexico, a economics major is more popular with men than with women.

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Racial Distribution

The racial distribution of economics majors in New Mexico is as follows:

  • Asian: 1.1%
  • Black or African American: 1.1%
  • Hispanic or Latino: 32.3%
  • White: 38.7%
  • Non-Resident Alien: 24.7%
  • Other Races: 2.2%
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Jobs for Economics Grads in New Mexico

There are 4,440 people in the state and 1,144,130 people in the nation working in economics jobs.

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Wages for Economics Jobs in New Mexico

In this state, economics grads earn an average of $57,010. Nationwide, they make an average of $115,590.

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There are 2 colleges in New Mexico that offer economics degrees. Learn about the most popular 2 below:

67 Degrees in Major Awarded
49% Graduation Rate
22,311 Total Students

The student loan default rate is 8.80% which is lower than average. 96% of students get financical aid. The full-time teacher rate is 90%.

9 Degrees in Major Awarded
47% Graduation Rate
14,227 Total Students

16 to 1 is the student to faculty ratio. Of all the teachers who work at the school, 77% are considered full time. 99% of students are awarded financial aid at this school.

Economics Careers in NM

Some of the careers economics majors go into include:

Job Title NM Job Growth NM Median Salary
Market Research Analysts and Marketing Specialists 20% $53,360
Economics Professors 14% $0
Economists 14% $84,730
Managers 5% $94,930

View Nationwide Economics Report

References

More about our data sources and methodologies.

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