If you're thinking of moving to New Mexico, consider a move to the City of Portales, New Mexico. This vibrant community is home to a diverse population and economy. The most recent estimates of the population of the city were 19,536 (excluding university students). Interestingly, 95% of the population lives within a 15-minute drive. You can learn more about the population and the economy of the city by reviewing the following statistics.
The local economy is supported by the agriculture, dairy, and peanut industries, as well as the presence of ENMU, an American Military University. Other industries support the local economy, such as agribusiness, value-added food processing, and tourism. The steady wind and solar power generated in the region is attracting increased attention. The city is also one of the largest processors of sweet Valencia peanuts in the United States. In addition, a growing population of Cannon Air Force Base employees and ENMU students bolsters local retail services.
The city has a diverse ethnic composition, with the majority of residents identifying as Mexican, German, Irish, English, and Scots-Irish. As far as racial and ethnic groups go, Portales has the highest proportion of Mexican Americans, followed by Americans, Asians, and Europeans. The median household income of Portales is $32,758, and the city's poverty rate is a mere 1.7 percent.