Categories: 2014 Best & Worst States

New Mexico

No. 32

New Mexico

Taxation and Regulations

Workforce Quality

Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
Taxation and Regulations State Corporate Income Tax Rate: 7.60% Highest Personal Income Tax Rate: 4.90% Workforce Quality % with High School diploma or more: 82.4 % with Bachelor’s degree or more: 24.7 % with Advanced degree or more: 10.7 Patents per 100K: 21.59 % of Employed Represented by Unions: 9.7 Quality of Life Hopsitals per 10K: 0.192 Elementary/Secondary Schools per 1000 people: 0.427 Violent Crimes per 100K: 625.47

Key Metrics

Taxation and Regulations

State Corporate Income Tax Rate: 7.60%
Highest Personal Income Tax Rate: 4.90%

Workforce Quality

% with High School diploma or more: 82.4
% with Bachelor’s degree or more: 24.7
% with Advanced degree or more: 10.7
Patents per 100K: 21.59
% of Employed Represented by Unions: 9.7

Quality of Life

Hopsitals per 10K: 0.192
Elementary/Secondary Schools per 1000 people: 0.427
Violent Crimes per 100K: 625.47

Key Companies
Tmst PNM Resources First State Bancorporation

Other Highlights
New Mexico fell to #32 from #29 in 2010 — the state took #34 in 2009; New Mexico ranks 16th in state debt per capita with $4004

Sources:
TaxFoundation.org
Statemaster.com
Bureau of Labor Statistics
U.S. Census Bureau
U.S. Patent and Trademark Office
The National Center for Public Policy and Higher Education

Chief Executive

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