#26: New Mexico
Inbound moves: 59.6%
Outbound moves: 40.4%
The Land of Enchantment continues to captivate Americans looking for a change, with many newcomers drawn by job opportunities or the prospect of retirement. New Mexico offers a moderate level of tax-friendliness for retirees, with partial taxation on Social Security and other retirement income, coupled with some of the nation’s lowest property tax rates.
Beyond its tax policies, the state boasts an excellent quality of life, providing ample recreational activities and breathtaking scenic beauty. New Mexico’s allure extends to tourists as well, attracting up to 30 million visitors annually, as reported by U.S. News and World Report. While it may not top the charts in healthcare and the economy, New Mexico ranks 26th in affordability and 24th in the percentage of residents with a post-secondary degree.