HomeCoverageNew Mexico

New Mexico commercial real estate data, county by county.

The Census Bureau estimates 2,130,256 residents in New Mexico on July 1, 2024. Every one of its 33 county-equivalents has a data page built from federal sources, each figure carrying its publisher and the period it describes.

Population, July 1, 2024
2,130,256
Households
837,414
Median household income
$64,059
Gross domestic product, 2025
$152.78 bn
Unemployment rate
4.7 percent

New Mexico agency publications and federal agency publications

Which permits and hazards apply to a site in New Mexico?

Construction stormwater permit is issued by EPA, not the state

New Mexico's construction stormwater permit is EPA's Construction General Permit, because EPA issues all NPDES permits in New Mexico rather than the state. A Clean Water Act permit is required for construction activity disturbing 1 acre or more of land, or less than 1 acre if it is part of a common plan of development or sale that will ultimately disturb 1 or more acres. A general permit for construction activity became effective on February 17, 2022.

  • Minimum land disturbance requiring a permit1 acre

Source: U.S. EPA, Last updated on September 14, 2026, retrieved 26 September 2026.

State ground water discharge plan program

New Mexico regulates discharges into ground water through a state discharge plan program under the Water Quality Act, NMSA 1978, Sections 74-6-1 through 74-6-17, with standards and regulations adopted by the Water Quality Control Commission. A discharge plan is defined as a description of operational, monitoring, contingency and closure requirements for any discharge of effluent or leachate that may move directly or indirectly into ground water.

Source: New Mexico State Records Center and Archives (New Mexico Administrative Code), retrieved 26 September 2026.

2021 IBC adopted, no state amendment to structural design

New Mexico's 2021 Commercial Building Code adopts the 2021 International Building Code by reference, as amended by the rule. Chapter 16, Structural Design, of the adopted IBC is referenced by the rule without a New Mexico-specific amendment: the rule directs the reader to see that chapter of the IBC directly.

Source: New Mexico State Records Center and Archives (New Mexico Administrative Code), retrieved 26 September 2026.

Census Bureau population estimates and 2020 Census

How many people live in New Mexico, and is the population growing?

  • Population, July 1, 20242,130,256
  • Population, April 1, 2020 estimates base2,117,555
  • Change since the 2020 base0.60 percent
  • Rank by population among the 50 states and DC36th of 51
  • Rank by growth since 2020 among the 50 states and DC43rd of 51
  • Share of residents in urban areas, 202074.5 percent

Net domestic and international migration, by year to July 1

  • 2021: domestic -1,039, international +2,261
  • 2022: domestic -4,616, international +5,702
  • 2023: domestic -1,487, international +9,904
  • 2024: domestic -1,571, international +12,103

Change since 2020 is MMCG Analytics arithmetic on the two published estimates; ranks order the 50 states and the District of Columbia by the published figure; the urban share divides the published urban count by the published total.

US Census Bureau, Population Estimates Program, Vintage 2024. US Census Bureau, 2020 Census Demographic and Housing Characteristics, table P2. Underlined figures are computed by MMCG Analytics; the rest are the agency's own figures for New Mexico.

Census Bureau American Community Survey

Who lives in New Mexico?

  • Households837,414
  • Median household income$64,059
  • Median age39.4 years
  • Residents under 1821.7 percent
  • Residents 65 and over19.3 percent
  • Adults 25 and over with a bachelor's degree or higher31.0 percent
  • Median home value$248,100
  • Median gross rent, per month$1,067

The three shares are MMCG Analytics arithmetic on published counts: the survey's age groups under 18 and 65 and over, and its degree counts, each divided by the published total.

US Census Bureau, American Community Survey 5-year estimates, 2020 to 2024. Underlined figures are computed by MMCG Analytics; the rest are the agency's own figures for New Mexico.

Bureau of Labor Statistics, Local Area Unemployment Statistics

How many people are working in New Mexico?

  • Labor force969,788
  • Employed924,066
  • Unemployed45,722
  • Unemployment rate4.7 percent

US Bureau of Labor Statistics, Local Area Unemployment Statistics, August 2026, preliminary. Underlined figures are computed by MMCG Analytics; the rest are the agency's own figures for New Mexico.

Bureau of Economic Analysis, gross domestic product by state

How large is the New Mexico economy?

  • Gross domestic product, 2025$152.78 bn
  • Gross domestic product, 2024$147.08 bn
  • Gross domestic product, 2023$138.53 bn
  • Gross domestic product, 2022$129.47 bn
  • Gross domestic product, 2021$113.78 bn
  • Rank by 2025 gross domestic product among the 50 states and DC38th of 51

The rank orders the 50 states and the District of Columbia by the published figure.

US Bureau of Economic Analysis, Regional accounts, table SAGDP2, 2021 to 2025. Underlined figures are computed by MMCG Analytics; the rest are the agency's own figures for New Mexico.

SBA 7(a) and 504 loan records

How active is SBA lending in New Mexico?

  • 7(a) loans approved, FY2020 to FY20261,656
  • 7(a) approval dollars, FY2020 to FY2026$981.2 m
  • Rank by 7(a) loan count among the 50 states and DC, FY2020 to FY202640th of 51
  • 504 loans approved, FY2010 to FY2026607
  • 504 approval dollars, FY2010 to FY2026$390.4 m
  • Rank by 504 loan count among the 50 states and DC, FY2010 to FY202638th of 51

Most active 7(a) lenders, by loans approved, FY2020 to FY2026

  • Western Commerce Bank: 233 loans
  • U.S. Bank, National Association: 146 loans
  • Wells Fargo Bank National Association: 135 loans
  • Live Oak Banking Company: 73 loans
  • BMO Bank National Association: 72 loans

Most active Certified Development Companies, by 504 loans, FY2010 to FY2026

  • Enchantment Land Certified Development Company: 294 loans
  • Capital Certified Development Corporation: 257 loans
  • B:Side Capital: 29 loans
  • LiftFund, Inc.: 8 loans
  • Mortgage Capital Development Corporation: 8 loans

Industries with the most 7(a) loans, FY2020 to FY2026

  • Hotels (except Casino Hotels) and Motels: 98 loans
  • Support Activities for Oil and Gas Operations: 61 loans
  • Full-Service Restaurants: 51 loans
  • Limited-Service Restaurants: 38 loans
  • Plumbing, Heating, and Air-Conditioning Contractors: 32 loans

Every figure here is MMCG Analytics arithmetic over the SBA's loan-level records whose project state is New Mexico: counts of records, sums of the gross approval amount, and ranks among the 50 states and the District of Columbia. These are approvals, not disbursements or balances.

US Small Business Administration, 7(a) FOIA loan records, FY2020 to FY2026, records as of 2026-06-30. US Small Business Administration, 504 FOIA loan records, FY2010 to FY2026, records as of 2026-06-30. Underlined figures are computed by MMCG Analytics; the rest are the agency's own figures for New Mexico.

FEMA NFIP Community Status Book and EPA radon zones

How do flood insurance and radon screening stand in New Mexico?

  • Communities participating in the NFIP104
  • Communities earning a Community Rating System discount, classes 1 to 99
  • Counties in EPA radon zone 1, the highest predicted level7
  • Counties in EPA radon zone 226
  • Counties in EPA radon zone 30

Communities by Community Rating System class (class 1 earns the largest discount, class 10 none)

  • Class 7: 2
  • Class 8: 4
  • Class 9: 3
  • Class 10: 2

Every figure here is MMCG Analytics counting over the agency's own list: FEMA's community rows for the state, and the state's county records by EPA radon zone. Radon zones are county-wide predictions, never a site measurement.

FEMA, NFIP Community Status Book, as of 2026-09-26. US EPA, Map of Radon Zones, 2024-05 publication, EPA 402/A-16/001. Underlined figures are computed by MMCG Analytics; the rest are the agency's own figures for New Mexico.

What do jobs in New Mexico pay, county by county?

  • Combined county product, 2024$147.08 bn
  • Covered employment, summed over counties843,741
  • Average annual pay, weighted by county employment$60,181

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

US Bureau of Economic Analysis, Regional, table CAGDP2, through 2024. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. Every figure in this section is computed by MMCG Analytics from the county records on this site.

How many businesses are in New Mexico?

  • Business establishments, summed over counties44,384
  • Establishments per 1,000 residents of those counties20.9
  • Employment at those establishments644,848
  • Annual payroll$34.14 bn

US Census Bureau, County Business Patterns, 2023. Every figure in this section is computed by MMCG Analytics from the county records on this site.

Building permits in New Mexico

  • Housing units permitted, summed over counties5,030
  • Permitted construction value$1.23 bn
  • Units permitted per 1,000 households6.0

US Census Bureau, Building Permits Survey, 2024 annual. Every figure in this section is computed by MMCG Analytics from the county records on this site.

SBA loan 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 loans resolved in a window starting in FY2020, so it leans toward early outcomes and is not a lifetime loss rate.

Compare against the national and state SBA charge-off rates →

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. Every figure in this section is computed by MMCG Analytics from the county records on this site.

How large is New Mexico?

  • Land area, summed over counties121,298 sq mi
  • County-equivalents33
  • People per square mile, county records17

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. Every figure in this section is computed by MMCG Analytics from the county records on this site.

Which are 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, resolved locally.

New Mexico counties. Select a county to open its site intelligence page.Bernalillo CountyCibola CountyEddy CountyLincoln CountyLos Alamos CountySan Juan CountySocorro CountyColfax CountyGuadalupe CountyHarding CountyLea CountyMora CountyRio Arriba CountyRoosevelt CountySandoval CountySanta Fe CountyTorrance CountyValencia CountyDoña Ana CountyGrant CountyQuay CountyUnion CountyDe Baca CountySan Miguel CountySierra CountyTaos CountyHidalgo CountyLuna CountyMcKinley CountyOtero CountyCatron CountyChaves CountyCurry County

Select a county

Every county opens a page carrying its own demographics, growth and migration, economic output, employment and wages, business establishments by industry, construction, SBA lending and charge off record, geography and hazard.

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 County1,576Not published49$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

A statement appears on this page only where a published document, or arithmetic over published data, supports it. How this page was built →

Questions

New Mexico questions, answered from this page.

What is the population of New Mexico?

The Census Bureau estimates 2,130,256 residents on July 1, 2024 (Population Estimates Program, Vintage 2024).

What is the unemployment rate in New Mexico?

4.7 percent in August 2026, preliminary, seasonally adjusted, as published by the Bureau of Labor Statistics.

How many SBA 7(a) loans were approved in New Mexico?

1,656 loans with a project in New Mexico, counted by MMCG Analytics from the SBA's 7(a) loan records, FY2020 to FY2026, records as of 2026-06-30.

How many counties does New Mexico have?

33. Each has a page on this site covering population, income, business establishments, employment and wages, building permits, SBA lending and hazard records.

The register

Every source behind this page and its 33 county pages.

SourcePeriod coveredLicense
US Census Bureau, Population Estimates Program, Vintage 2024, state totals (NST-EST2024-ALLDATA)Vintage 2024Public domain
US Census Bureau, American Community Survey 5-year estimates, state tables B01001, B01002, B01003, B11001, B15003, B19013, B25064, B250772020 to 2024, 5-yearPublic domain
US Census Bureau, 2020 Census Demographic and Housing Characteristics File, table P2, urban and rural2020 CensusPublic domain
US Bureau of Economic Analysis, Regional accounts, table SAGDP2, gross domestic product by state, millions of current dollars2021 to 2025Public domain
US Bureau of Labor Statistics, Local Area Unemployment Statistics, statewide series, seasonally adjustedAugust 2026, preliminaryPublic domain
US Small Business Administration, 7(a) FOIA loan-level dataFY2020 to FY2026, records as of 2026-06-30Public domain
US Small Business Administration, 504 FOIA loan-level dataFY2010 to FY2026, records as of 2026-06-30Public domain
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA NfipCommunityStatusBook)as of 2026-09-26Public domain
US Environmental Protection Agency, Map of Radon Zones, county list2024-05 publication, EPA 402/A-16/001Public domain
US Bureau of Economic Analysis, Regional, table CAGDP2CAGDP2, through 2024Public domain
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary verticesTIGER county boundariesPublic domain
US Census Bureau, County Business Patterns2023Public domain
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages2024 annual averagesPublic domain
US Census Bureau, Building Permits Survey2024 annualPublic domain
US Internal Revenue Service, Statistics of Income county migration flows2021 to 2022 filing yearsPublic domain