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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.


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%

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.


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.


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


More about our data sources and methodologies.

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