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| To view Las Cruces area information on economic development select the approppriate category from the menu below: |
| EMPLOYMENT SECTORS |
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2007 |
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CHANGE * |
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| Construction & Mining |
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4,900 |
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+4.7% |
| Manufacturing |
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3,100 |
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+1.0% |
| Trade, Transportation & Utilities |
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10,400 |
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+1.9% |
| Information |
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1,100 |
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+3.2% |
| Financial Activities |
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2,400 |
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+0.9% |
| Professional & Business Services |
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5,800 |
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+3.5% |
| Education & Health Services |
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10,700 |
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+5.8% |
| Leisure & Hospitality |
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7,200 |
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+4.6% |
| Other Services |
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1,500 |
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–0.6% |
| Government |
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21,000 |
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+1.2% |
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| *Calculated as annual average change between 1997-2007 |
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| INCOME AND WAGES |
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| Per Capita Personal Income (2006) |
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$ 24,293 |
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| Median Household Income (2006) |
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$ 33,952 |
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| Average Wage per Job (2006) |
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$ 29,244 |
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| The Las Cruces NM MSA covers Dona Ana County, the second most populated county in New Mexico. Las Cruces, the county seat, is the largest city in the county and is the second largest city in the state. The population of the county grew 28.9% between 1990 and 2000. The city’s population grew 19.5% during that decade. The county’s population is projected to grow by 17.9% between 2000 and 2010 and 14.9% between 2010 and 2020.
The county population estimate for 2007 was 198,791. The city population estimate for 2007 was 89,722. Contiguous CDPs and population within the Extra Territorial Zone (ETZ) bring the “Greater Las Cruces” population to more than 125,000.
The county labor force is affordable and growing. Over the past ten years, the labor force has grown at an average annual rate of 2.4%. Total employment has grown at an annual average rate of 3.0% during that time period. Unemployment has dropped to an annual average of 3.9% (2007). Employment grew by 29.9% between 1990 and 2000 and is projected to grow by 25.5% between 2000 and 2010. |
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| LAS CRUCES MSA - LABOR FORCE - MARKET DIRECTION |
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Labor Force |
Employed |
Un-Rate |
May 2007 |
87,321 |
83,983 |
3.9% |
| May 2008 |
88,696 |
85,127 |
4.0% |
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| Source: Bureau of Labor Statistics, Local Area Unemployment Statistics, 2008. |
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| LAS CRUCES MSA - LABOR FORCE - FULL YEAR: 2007 |
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Labor Force |
Employed |
Unemployed |
Un-Rate |
Military |
| 87,315 |
83,924 |
3,392 |
3.9% |
569 |
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| Source: Bureau of Labor Statistics, Local Area Unemployment Statistics, 2008. |
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| LAS CRUCES MSA - EDUCATION ATTAINMENT |
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Not HS
Graduate |
HS
Graduate |
Some
College |
4 Year
Degree |
Graduate
Degree |
% College
Degree |
| 29,922 |
69,971 |
19,905 |
22,269 |
9,229 |
22.3% |
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| Source: Bureau of the Census, 2000. |
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| SPACEPORT AMERICA |
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Construction of Spaceport America, the world’s first purpose-built commercial spaceport, continues for the 110,152 square foot Terminal Hanger Facility, as well as for the Airfield Rescue/Fire Facility. The Terminal Hanger incorporates a sweeping space age design and will house the operations offices of Virgin Galactic World Headquarters. Requests for Proposals have been issued for general, protective and technical services.
The completed multi-layer 10,000-foot x 200-foot runway was dedicated October 2010. It is designed to accommodate almost any aircraft in the world, and specifically returning launch vehicles, fly-back rocket boosters and other space launch and training vehicles.
Sightseeing tours are scheduled every Friday, Saturday and Sunday and are designed to highlight New Mexico history spanning from Spanish conquistadors and pioneer rocket research to the new commercial space industry.
The 18,000-acre spaceport is located approximately 45 miles north of Las Cruces and 30 miles southeast of Truth or Consequences. |
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