New Mexico is a fast growing state. It is becoming a new hot spot for retirees and baby boomers, due to its temperate climate year-round and low cost of living. New Mexico has desert land, mountain ranges and valleys to enjoy and live in.
The population of New Mexico was 1.9 million people in 2005. In 2000, there were 780 thousand housing units across the state. This is a 23.5% increase over the 1990s units. The median value for all occupied units is $108,000. The majority of houses were built in 1997 or later.