New Mexico Demography
New Mexico, with a population of approximately 2,114,371 people, is a state known for its rich cultural heritage and diverse population. The state has experienced a steady annual growth rate of 2.83%, indicating a positive trend in population expansion. With a population of over 18 years old reaching 1,649,209 individuals, New Mexico offers a significant market for various industries, including media buying services.
New Mexico Business Landscape
New Mexico boasts a thriving business landscape, with a GDP of $131,535 million in 2023. The state has witnessed a remarkable GDP growth rate of 10.6%, reflecting its strong economic performance. With a corporate tax rate of 5.9%, New Mexico provides an attractive environment for businesses to flourish. As of 2024, there are 66,732 registered businesses in the state, with a yearly change rate of 0.3%. These figures highlight the dynamic and vibrant nature of the business sector in New Mexico.
Media Buying Services Globally and in New Mexico
The global market size of media buying services is valued at $79,290,000, with a growth rate of approximately 4.6%. The United States holds a significant share of this market, accounting for around 16%, or $12,686,400. This indicates the importance and potential of media buying services in the country, including New Mexico.
Media Buying Services in the US
Media buying services play a crucial role in the advertising and marketing industry in the United States. With a vast and diverse consumer market, businesses rely on media buying agencies to effectively reach their target audience. These agencies help companies strategize, plan, and execute their advertising campaigns across various media platforms, such as television, radio, print, and digital channels.
Top New Mexico Cities: Economic Insights
New Mexico is home to several economically significant cities that contribute to the state's overall growth and development. Some of the key cities include:
1. Los Alamos: With a population of 17,979 people in 2023, Los Alamos boasts an impressive income per capita of $51,044.
2. Santa Fe: As the capital city of New Mexico, Santa Fe has a population of 145,400 people in 2023 and an income per capita of $32,298.
3. Lincoln: With a population of 20,359 people in 2023, Lincoln has an income per capita of $25,449.
4. Taos: Taos, with a population of 32,899 people in 2023, has an income per capita of $21,333.
5. Dona Ana: Dona Ana is a populous city with a population of 211,175 people in 2023 and an income per capita of $19,565.
6. Socorro: Socorro has a population of 17,756 people in 2023 and an income per capita of $18,104.
7. Quay: With a population of 8,890 people in 2023, Quay has an income per capita of $17,936.
8. San Miguel: San Miguel has a population of 29,093 people in 2023 and an income per capita of $17,926.
9. Luna: Luna, with a population of 25,001 people in 2023, has an income per capita of $16,114.
Media Buying Price in New Mexico
When it comes to media buying services in New Mexico, the pricing structure varies depending on the scope and scale of the project. According to Qualified.One statistics, the distribution of project budgets is as follows:
- 24.8% of projects have a budget below $10,000
- 33% of projects have a budget between $10,000 and $50,000
- 21.3% of projects have a budget between $50,000 and $200,000
- 7.3% of projects have a budget between $200,000 and $1 million
- 0.9% of projects have a budget between $1 million and $10 million
- 0.9% of projects have a budget over $10 million
On average, the size of a media buying project in New Mexico is $198,930. These figures provide insights into the pricing landscape of media buying services in the state, catering to businesses with varying budgets and requirements.
Summary of Media Buying Market in New Mexico
Statistical Data |
Value |
New Mexico Population |
2,114,371 |
Annual Population Growth Rate |
2.83% |
New Mexico Population over 18 years old |
1,649,209 |
New Mexico GDP |
$131,535 million |
GDP Growth Rate |
10.6% |
Corporate Tax |
5.9% |
Number of Registered Businesses (2024) |
66,732 |
Yearly Change in Number of Businesses |
0.3% |
Global Market Size of Media Buying Services |
$79,290,000 |
Share of the United States in the Market |
16% ($12,686,400) |
Average Media Buying Project Size in New Mexico |
$198,930 |
Media Buying agencies in United States
US Armed Forces Europe |
Alabama |
Arkansas |
Arizona |
California |
Colorado |
Connecticut |
Washington, D.C. |
Delaware |
Florida |
Georgia |
Iowa |
Idaho |
Illinois |
Indiana |
Kansas |
Kentucky |
Louisiana |
Massachusetts |
Maryland |
Maine |
Michigan |
Minnesota |
Missouri |
Mississippi |
Montana |
North Carolina |
North Dakota |
Nebraska |
New Hampshire |
New Jersey |
New Mexico |
Nevada |
New York |
Ohio |
Oklahoma |
Pennsylvania |
Puerto Rico |
Rhode Island |
South Carolina |
South Dakota |
Tennessee |
Texas |
Utah |
Virginia |
Virgin Islands |
Vermont |
Wisconsin |
West Virginia |
Wyoming |
Alaska |
Alaska |
US Armed Forces Pacific |
American Samoa |
Federated States of Micronesia |
Guam |
Hawaii |
Marshall Islands |
Northern Mariana Islands |
Oregon |
Palau |
Washington |
Media Buying agencies in New Mexico cities
Abiquiu |
Alamogordo |
Albuquerque |
Alcalde |
Algodones |
Alto |
Amalia |
Amistad |
Angel Fire |
Animas |
Anthony |
Anton Chico |
Aragon |
Arenas Valley |
Arrey |
Arroyo Hondo |
Arroyo Seco |
Artesia |
Aztec |
Bard |
Bayard |
Belen |
Bent |
Berino |
Bernalillo |
Blanco |
Bloomfield |
Bluewater |
Bosque |
Bosque Farms |
Brimhall |
Broadview |
Buckhorn |
Buena Vista |
Caballo |
Canjilon |
Cannon AFB |
Canones |
Capitan |
Caprock |
Capulin |
Carlsbad |
Carrizozo |
Carson |
Casa Blanca |
Causey |
Cebolla |
Cedarvale |
Cedar Crest |
Cerrillos |
Cerro |
Chacon |
Chama |
Chamberino |
Chamisal |
Chaparral |
Chimayo |
Church Rock |
Cimarron |
Claunch |
Clayton |
Cleveland |
Cliff |
Clines Corners |
Cloudcroft |
Clovis |
Cochiti Lake |
Cochiti Pueblo |
Columbus |
Conchas Dam |
Continental Divide |
Cordova |
Corona |
Corrales |
Costilla |
Counselor |
Coyote |
Crossroads |
Crownpoint |
Cuba |
Cubero |
Cuervo |
Datil |
Deming |
Derry |
Des Moines |
Dexter |
Dixon |
Dona Ana |
Dora |
Dulce |
Eagle Nest |
Edgewood |
Elephant Butte |
Elida |
El Prado |
El Rito |
Embudo |
Encino |
Espanola |
Estancia |
Eunice |
Fairacres |
Farmington |
Faywood |
Fence Lake |
Flora Vista |
Floyd |
Folsom |
Fort Bayard |
Fort Stanton |
Fort Sumner |
Fort Wingate |
Fruitland |
Gallina |
Gallup |
Gamerco |
Garfield |
Garita |
Gila |
Gladstone |
Glencoe |
Glenwood |
Glorieta |
Grady |
Grants |
Grenville |
Guadalupita |
Hachita |
Hagerman |
Hanover |
Hatch |
Hernandez |
High Rolls Mountain Park |
Hillsboro |
Hobbs |
Holloman Air Force Base |
Holman |
Hondo |
Hope |
House |
Hurley |
Ilfeld |
Isleta |
Jal |
Jamestown |
Jarales |
Jemez Pueblo |
Jemez Springs |
Kenna |
Kirtland |
Kirtland AFB |
Laguna |
Lakewood |
Lake Arthur |
Lamy |
Las Cruces |
Las Vegas |
La Jara |
La Joya |
La Loma |
La Luz |
La Madera |
La Mesa |
La Plata |
Lemitar |
Lincoln |
Lindrith |
Lingo |
Llano |
Loco Hills |
Logan |
Lordsburg |
Los Alamos |
Los Lunas |
Los Ojos |
Loving |
Lovington |
Luna |
Magdalena |
Malaga |
Maljamar |
Maxwell |
Mayhill |
Mcalister |
Mcdonald |
Mcintosh |
Medanales |
Melrose |
Mentmore |
Mescalero |
Mesilla |
Mesilla Park |
Mesquite |
Mexican Springs |
Miami |
Milan |
Mills |
Milnesand |
Mimbres |
Montezuma |
Monticello |
Monument |
Mora |
Moriarty |
Mosquero |
Mountainair |
Mule Creek |
Nageezi |
Nara Visa |
Navajo |
Navajo Dam |
Newcomb |
Newkirk |
New Laguna |
Nogal |
Ocate |
Ohkay Owingeh |
Ojo Caliente |
Ojo Feliz |
Organ |
Orogrande |
Paguate |
Pecos |
Penasco |
Pena Blanca |
Pep |
Peralta |
Petaca |
Picacho |
Pie Town |
Pinehill |
Pinon |
Pinos Altos |
Placitas |
Playas |
Polvadera |
Ponderosa |
Portales |
Prewitt |
Pueblo Of Acoma |
Quay |
Quemado |
Questa |
Radium Springs |
Rainsville |
Ramah |
Ranchos De Taos |
Raton |
Redrock |
Red River |
Regina |
Rehoboth |
Reserve |
Ribera |
Rincon |
Rio Rancho |
Rociada |
Rodeo |
Rogers |
Roswell |
Rowe |
Roy |
Ruidoso |
Ruidoso Downs |
Sacramento |
Saint Vrain |
Salem |
Sandia Park |
Sanostee |
Santa Clara |
Santa Cruz |
Santa Fe |
Santa Rosa |
Santa Teresa |
Santo Domingo Pueblo |
San Acacia |
San Antonio |
San Cristobal |
San Fidel |
San Jon |
San Jose |
San Miguel |
San Patricio |
San Rafael |
San Ysidro |
Sapello |
Sedan |
Serafina |
SF |
Sheep Springs |
Shiprock |
Silver City |
Smith Lake |
Socorro |
Solano |
Springer |
Stanley |
Sunland Park |
Sunspot |
Taiban |
Taos |
Taos Ski Valley |
Tatum |
Tererro |
Tesuque |
Texico |
Thoreau |
Tierra Amarilla |
Tijeras |
Timberon |
Tinnie |
Tohatchi |
Tome |
Torreon |
Trampas |
Trementina |
Tres Piedras |
Truchas |
Truth Or Consequences |
Tucumcari |
Tularosa |
Tyrone |
UNM |
Ute Park |
Vadito |
Vado |
Valdez |
Vallecitos |
Valmora |
Vanderwagen |
Vaughn |
Veguita |
Velarde |
Villanueva |
Wagon Mound |
Waterflow |
Watrous |
Weed |
Whites City |
White Sands Missile Range |
Willard |
Williamsburg |
Winston |
Yatahey |
Yeso |
Youngsville |
Zuni |
Other Marketing companies in New Mexico
App Marketing |
Content Marketing |
Creative |
Digital Marketing |
Digital Strategy |
Email Marketing |
Event Marketing |
Full Service Digital |
Inbound Marketing |
Market Research |
Media Buying |
Naming |
PPC |
PR |
SEM |
SEO |
Social Media Marketing |