HomeCoverageNew Mexico

New Mexico: county data, all 33 of them.

2,120,246 residents across 33 county-equivalents, 44,384 business establishments, and 2,263 SBA approvals worth $1.37 bn. Every figure on this page is those counties summed, and every county has its own page.

32 state-level values · 33 county pages · underlined figures are computed by MMCG Analytics, not published by the agency

How many people live in New Mexico?

  • Population2,120,246
  • Households837,414
  • Average household size2.53
  • County-equivalents33
  • People per square mile17

New Mexico has 2,120,246 residents in 837,414 households across 33 county-equivalents, every one of which has its own data page below.

US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

What is the New Mexico economy?

  • Combined county product, 2024$147.08 bn
  • County product per resident$69,372
  • Covered employment843,741
  • Average annual pay$60,181

The average annual pay of $60,181 is weighted by each county's covered employment, not averaged across counties, so a large labour market counts for more than a small one.

US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

How many businesses are in New Mexico?

  • Business establishments44,384
  • Establishments per 1,000 residents20.9
  • Employment at those establishments644,848
  • Annual payroll$34.14 bn

US Census Bureau, County Business Patterns, 2023.

Building permits in New Mexico

  • Housing units permitted5,030
  • Permitted construction value$1.23 bn
  • Units permitted per 1,000 households6.0

US Census Bureau, Building Permits Survey, 2024 annual.

SBA loans in New Mexico (7(a) and 504)

  • 7(a) approvals recorded1,656
  • 7(a) approval dollars$981.2 m
  • Average 7(a) approval$592,489
  • 504 approvals recorded607
  • 504 approval dollars$390.4 m
  • Average 504 approval$643,097
  • Counties with a 7(a) record31 of 33

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.

SBA loan default and charge-off rates in New Mexico

  • 7(a) charge-off rate over resolved loans5.20 percent
  • Resolved 7(a) loans behind that rate328
  • 7(a) loans charged off17
  • 504 charge-off rate over resolved loans2.00 percent
  • Resolved 504 loans behind that rate200
  • 504 loans charged off4

Of the 328 New Mexico 7(a) loans that have reached a final outcome, 5.20 percent were charged off. The rate is taken over resolved loans only, because a loan still running has not yet succeeded or failed.

Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.

How large is New Mexico?

  • Land area121,298 sq mi
  • County-equivalents33
  • People per square mile17

US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

The largest counties in New Mexico.

New Mexico county-equivalents by population, with the figures a site search compares them on
GeographyPopulationMedian incomeEstablishmentsCounty GDPSBA approvals
Bernalillo County673,930$69,47316,349$54.83 bn890
Doña Ana County224,266$56,8483,798$11.32 bn185
Santa Fe County156,105$79,0714,976$10.09 bn255
Sandoval County153,604$86,6361,928$6.13 bn118
San Juan County120,942$55,8722,475$7.04 bn107
Valencia County78,458$58,933962$2.43 bn39
Lea County73,733$68,0151,730$12.86 bn102
McKinley County70,431$47,668940$2.89 bn32
Otero County68,816$55,876988$3.79 bn45
Chaves County64,217$52,9381,342$2.87 bn33

Counties

All 33 New Mexico county-equivalents.

New Mexico counties: population, income, establishments and SBA activity
GeographyPopulationMedian incomeEstablishmentsCounty GDPSBA approvalsLand area, sq mi
Bernalillo County673,930$69,47316,349$54.83 bn8901,161
Catron County3,743$49,86474$144.2 m36,924
Chaves County64,217$52,9381,342$2.87 bn336,065
Cibola County26,845$50,759288$868.1 m114,539
Colfax County12,322$53,554372$623.5 m93,758
Curry County47,638$57,3091,018$4.32 bn651,405
De Baca County1,57649$110.9 m12,323
Doña Ana County224,266$56,8483,798$11.32 bn1853,808
Eddy County61,105$78,4261,551$11.32 bn1154,176
Grant County27,775$44,958533$1.41 bn213,962
Guadalupe County4,381$42,75091$277.8 m93,030
Harding County741$48,55311$47.3 mNone recorded2,125
Hidalgo County4,041$48,88291$254.9 m53,437
Lea County73,733$68,0151,730$12.86 bn1024,391
Lincoln County20,224$53,303695$894.2 m504,831
Los Alamos County19,435$147,139373$3.81 bn18109
Luna County25,611$36,419371$1.24 bn162,965
McKinley County70,431$47,668940$2.89 bn325,450
Mora County4,149$53,66357$161.6 mNone recorded1,931
Otero County68,816$55,876988$3.79 bn456,613
Quay County8,564$41,946214$353.6 m22,874
Rio Arriba County40,070$57,155541$1.38 bn215,861
Roosevelt County18,928$52,685330$949.2 m162,447
San Juan County120,942$55,8722,475$7.04 bn1075,513
San Miguel County26,850$49,431417$1.01 bn114,716
Sandoval County153,604$86,6361,928$6.13 bn1183,711
Santa Fe County156,105$79,0714,976$10.09 bn2551,909
Sierra County11,500$41,600222$423.0 m274,179
Socorro County16,200$36,570221$666.2 m86,647
Taos County34,543$58,9501,083$1.52 bn362,203
Torrance County15,490$57,842205$881.3 m103,345
Union County4,013$46,69489$178.4 m33,824
Valencia County78,458$58,933962$2.43 bn391,066

The register

Every source behind these 33 pages.

SourcePeriod coveredLicence
US Census Bureau, American Community Survey 5-Year Estimates2020-2024 5-yearUS Census Bureau, public domain
US Census Bureau, Population Estimates Program, Vintage 2024Vintage 2024, estimates 2020 to 2024US Census Bureau, public domain
US Bureau of Economic Analysis, Regional, table CAGDP2CAGDP2, through 2024US Bureau of Economic Analysis, public domain
US EPA, Map of Radon Zones, county spreadsheet2024-05 publication, EPA 402/A-16/001US EPA, public domain
FEMA OpenFEMA, NFIP Community Status BookCommunity Status Book, as retrievedFEMA OpenFEMA, public domain
US Small Business Administration, 7(a) FOIA releaseFY2020 to FY2026 year to date, as of 2026-06-30FOIA release, public domain
US Small Business Administration, 504 FOIA releaseFY2010 to FY2026 year to date, as of 2026-06-30FOIA release, public domain
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary verticesTIGER county boundariesUS Census Bureau, public domain
US Census Bureau, County Business Patterns2023US Census Bureau, public domain
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages2024 annual averagesUS BLS, public domain
US Census Bureau, Building Permits Survey2024 annualUS Census Bureau, public domain
US Internal Revenue Service, Statistics of Income county migration flows2021 to 2022 filing yearsIRS SOI, public domain

A New Mexico statutory guide is in preparation.

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