Where NM ranks on economic impact of immigration

There are about 41.7 million immigrants who live in the United States. In January, President Donald Trump signed an executive order related to immigration that will affect all states.

In a recent analysis of which states have the biggest immigrant economic impact, WalletHub found that New Mexico ranks 34th.

New Mexico has roughly 204,000 immigrants, according to the Migration Policy Institute.

It is also among the top 10 states in the U.S with the highest share of "unauthorized" immigrants in its workforce, according to 2014 data compiled by the Pew Research Center.

The WalletHub report compared the 50 states and the District of Columbia across 18 areas ranging from the median household income of foreign-born populations to jobs generated by immigrant-owned businesses.

New Mexico ranked 51st on median household income for the foreign-born population, at $32,489 a year. Maryland, which tops the list, is 2.2 times higher in this category, with an average income of $71,081 a year.

The top-ranked places in this category include Virginia, New Jersey, the District of Columbia and New Hampshire.

New Mexico also is ranked 51st for its share of foreign-born adults ages 25 and older with a bachelor's degree or higher. The District of Columbia has the highest ranking with 51.5 percent, which is 3.1 times higher than New Mexico.

But, on homeownership rate for the foreign-born population, New Mexico is No. 1 at 62.8 percent. North Dakota is the lowest.

New Mexico ranks 25th for jobs generated by immigrant-owned businesses. The states with the most jobs generated by immigrant-owned business include California, New Jersey, Hawaii, Florida and New York. Click here to read the full article.