Commodity subsidies in New Mexico totaled $250 million in 2020
In 2020, the top 10 percent of commodity payment recipients were paid 75 percent of commodity payments.
Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 2020 | Payment per Recipient |
---|---|---|---|---|
Top 1% | 29% | 56 | $72,716,431 | $1,298,508 |
Top 2% | 42% | 112 | $105,917,022 | $945,688 |
Top 3% | 51% | 168 | $127,501,407 | $758,937 |
Top 4% | 57% | 224 | $142,762,177 | $637,331 |
Top 5% | 61% | 280 | $153,715,161 | $548,983 |
Top 6% | 65% | 336 | $162,470,111 | $483,542 |
Top 7% | 68% | 392 | $169,895,806 | $433,408 |
Top 8% | 70% | 448 | $176,308,986 | $393,547 |
Top 9% | 73% | 504 | $181,890,944 | $360,895 |
Top 10% | 75% | 560 | $186,840,332 | $333,643 |
Top 11% | 76% | 616 | $191,263,931 | $310,493 |
Top 12% | 78% | 672 | $195,210,488 | $290,492 |
Top 13% | 79% | 728 | $198,813,743 | $273,096 |
Top 14% | 81% | 784 | $202,137,627 | $257,829 |
Top 15% | 82% | 840 | $205,151,197 | $244,228 |
Top 16% | 83% | 896 | $207,925,121 | $232,059 |
Top 17% | 84% | 952 | $210,475,434 | $221,088 |
Top 18% | 85% | 1,008 | $212,845,292 | $211,156 |
Top 19% | 86% | 1,064 | $215,083,672 | $202,146 |
Top 20% | 87% | 1,120 | $217,185,055 | $193,915 |
Remaining 80% of recips. | 13% | 4,482 | $33,216,640 | $7,411 |