HomeNew MexicoEddy County
Eddy County, New Mexico: commercial real estate data.
Eddy County, New Mexico had an estimated 61,436 residents on July 1, 2024, down 1.4 percent since the 2020 census base of 62,320, across 4,176 square miles. County output reached $11.32 bn in 2024, 1,551 establishments operate here, and the SBA record carries 109 7(a) approvals worth $53.8 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Eddy County
How many people live in Eddy County
- Population, American Community Survey 2020-202461,105
- Households23,620
- Average household size2.59
- Median household income$78,426
- Median age36.2
- Median gross rent$1,245 per month
- Median owner-occupied home value$212,600
- Home value to household income2.7 times
- Annual rent as a share of median income19.0 percent
- Adults 25 and over with a bachelor degree or higher19.3 percent
- Adults 25 and over with a graduate degree7.8 percent
- Adults 25 and over39,901
- Population under 1815,759
- Share under 1825.8 percent
- Population 65 and over9,034
- Share 65 and over14.8 percent
- Working age population, 18 to 6436,312
- Civilian labor force29,197
- Unemployment rate5.5 percent
- Labor force participation, adults 18 and over64.4 percent
- Rank by population among New Mexico counties11th of 33
- Rank by population among US county-equivalents, Puerto Rico included883rd of 3,222
Eddy County is the 11th largest of 33 New Mexico counties by population. A median home costs 2.7 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 25.8 percent against 14.8 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Eddy County
Is Eddy County's population growing?
- Population, July 1, 202461,436
- Census 2020 base population62,320
- Population change since the 2020 census base-1.42 percent
- Population change, 2023 to 2024782
- Births, 2024731
- Deaths, 2024621
- Natural change, 2024110
- Net domestic migration, 2024338
- Net international migration, 2024334
- Total net migration, 2024672
- Cumulative net domestic migration, 2021 to 2024-1,845
- Rank by growth among US county-equivalents2335th of 3,144
The county has lost 1.42 percent of its population since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Eddy County
Where are people moving to Eddy County from?
- Tax returns filed by households arriving1,256
- People arriving, from those returns2,486
- Tax returns filed by households leaving1,444
- Net household movement-188
- Adjusted gross income arriving$95.1 m
- Net adjusted gross income movement$-12.1 m
- Average income of an arriving household$75,688
- Average income of a leaving household$74,222
- Largest single originChaves County (107 households)
- Largest single destinationChaves County (104 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Chaves County | 107 | 209 | $5.3 m |
| Doña Ana County | 71 | 119 | $4.0 m |
| Lea County | 56 | 114 | $3.3 m |
| Bernalillo County | 47 | 67 | $1.8 m |
| El Paso County | 40 | 76 | $1.7 m |
| Otero County | 33 | 63 | $1.4 m |
| San Juan County | 26 | 71 | $1.9 m |
| Midland County | 26 | 53 | $2.2 m |
Households arriving report $1,466 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Chaves County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Eddy County
What is the Eddy County economy?
- County GDP, 2024$11.32 bn
- County GDP, 2023$10.40 bn
- GDP change, 2023 to 20248.9 percent
- GDP change over five years90.8 percent
- Rank by GDP among the New Mexico areas BEA publishes3rd of 33
- Rank by GDP among the US county areas BEA publishes400th of 3,127
- GDP per resident$185,239
Output grew 8.9 percent in the latest year and 90.8 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Eddy County
Employment by industry in Eddy County
- Covered employment, annual average32,197
- Establishments reporting1,976
- Average annual pay$76,419
- Average weekly wage$1,470
- Mining, quarrying, and oil and gas extraction, employment6,741
- Mining, quarrying, and oil and gas extraction, average annual pay$109,698
- Retail trade, employment3,478
- Retail trade, average annual pay$38,820
- Construction, employment3,402
- Construction, average annual pay$82,166
- Health care and social assistance, employment2,767
- Health care and social assistance, average annual pay$52,169
- Accommodation and food services, employment2,453
- Administrative and support and waste management services, employment1,704
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Mining, quarrying, and oil and gas extraction | 6,741 | 288 | $109,698 |
| Retail trade | 3,478 | 188 | $38,820 |
| Construction | 3,402 | 189 | $82,166 |
| Health care and social assistance | 2,767 | 149 | $52,169 |
| Accommodation and food services | 2,453 | 158 | $28,476 |
| Administrative and support and waste management services | 1,704 | 87 | $100,612 |
| Transportation and warehousing | 1,413 | 96 | $79,839 |
| Manufacturing | 1,194 | 41 | $105,839 |
Mining, quarrying, and oil and gas extraction is the largest private sector at 6,741 jobs, 20.9 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Eddy County
How many businesses are in Eddy County?
- Establishments, all industries1,551
- Employment at those establishments24,234
- Annual payroll$1.74 bn
- Establishments per 1,000 residents25.4
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Eddy County
Building permits in Eddy County
- Housing units authorized by permit, 2024156
- Declared construction value permitted$58.2 m
- Single family units authorized156
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$373,323
- Units authorized per 1,000 households6.6
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Eddy County
SBA loans in Eddy County (7(a) and 504)
- 7(a) approvals recorded109
- 7(a) gross approval dollars$53.8 m
- Average 7(a) approval$493,883
- Median 7(a) approval$279,000
- 10th percentile approval$42,640
- 90th percentile approval$1,402,200
- Largest single approval$3,515,000
- Jobs reported supported, 7(a)2,059
- Jobs per approval18.9
- Distinct 7(a) lenders active19
- Distinct industries receiving approvals50
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer22.0 percent
- Loans on real estate terms24
- Loans on working capital terms, 120 months or shorter74
- Franchise loans9
- Franchise share of approvals8.3 percent
- Leading industry by approval countSupport Activities for Oil and Gas Operations (21)
- Most active lenderWestern Commerce Bank (71)
- 504 approvals recorded6
- 504 gross approval dollars$3.1 m
- Average 504 approval$513,167
- Median 504 approval$596,000
- Distinct CDCs active3
- 504 jobs per approval7.8
- 504 jobs per million dollars approved15.3
- Most active CDCEnchantment Land Certified Development Company (4)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$56.9 m
The average approval of $493,883 sits well above the median of $279,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 22.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
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.
Eddy County
SBA loan default and charge-off rates in Eddy County
Do SBA loans in Eddy County get paid back?
- Loans with a final outcome recorded22
- Paid in full22
- Charged off0
- Status: Paid in full22
- Status: Exempt from disclosure77
- Status: Cancelled10
Only 22 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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.
Eddy County
SBA lending by place in Eddy County
- Borrower cities with recorded lending4
- Carlsbad, approvals84
- Artesia, approvals23
- Loving, approvals1
- Carslsbad, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Carlsbad | 84 | $42,443,700 |
| Artesia | 23 | $10,064,500 |
| Loving | 1 | $975,000 |
| Carslsbad | 1 | $350,000 |
Carlsbad accounts for 84 approvals against 23 in Artesia. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Eddy County
How large is Eddy County?
- Land area4,176 sq mi
- Rank by land area among New Mexico counties13th of 33
- Width, east to west66 mi
- Height, north to south66.7 mi
- Geographies sharing a boundary6
- Residents per square mile of land15
- Establishments per square mile0.37
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. US Census Bureau, County Business Patterns, 2023.
Eddy County
Flood risk in Eddy County
- Participation of the county's own NFIP community Eddy County, unincorporated areasParticipating, community 350120
- Communities in the county in the NFIP Community Status Book3
- Of those, participating in the NFIP3
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Eddy County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Eddy County (community 350120), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Eddy County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Eddy County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Eddy County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202461,105
- Households23,620
- Average household size2.59
- Median household income$78,426
- Median age36.2
Common questions
Eddy County questions, answered from the record.
How many people live in Eddy County, New Mexico?
The Census Bureau estimates 61,436 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 61,105, in 23,620 households, ranking 11th of 33 New Mexico counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Eddy County's population growing?
The population has fallen 1.42 percent since the 2020 census base of 62,320, to 61,436 on July 1, 2024. In 2024 there were 731 births against 621 deaths, with net migration of 672. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Eddy County?
$78,426. The median owner-occupied home is valued at $212,600, which is 2.7 times income, and median gross rent is $1,245 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Eddy County?
1,551 establishments, employing 24,234 people with an annual payroll of $1.74 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Eddy County?
Mining, quarrying, and oil and gas extraction is the largest private sector at 6,741 jobs, 20.9 percent of covered employment. Covered employment averages 32,197 jobs at an average annual pay of $76,419, or $1,470 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Eddy County?
109 7(a) approvals totaling $53.8 m since FY2020, across 19 lenders, with a median approval of $279,000, plus 6 504 approvals worth $3.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Eddy County?
156 housing units were authorized by permit in 2024, with a declared construction value of $58.2 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Eddy County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Eddy County come from?
The largest single origin is Chaves County, with 107 households. Arriving households report an average income of $75,688 against $74,222 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Eddy County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Eddy County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Eddy County
Cities and places in Eddy.
12 Census places lie wholly or partly in Eddy County. 11 carry enough published place level data for a page of their own and are linked. The rest are named here and not linked, because the American Community Survey and the SBA record between them do not carry enough about them to write an honest page. A place existing is itself worth knowing, so nothing in the county is left out.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Carlsbad | city | 31,746 | 84 | Wholly in this county |
| Artesia | city | 12,576 | 23 | Wholly in this county |
| Loving | village | 1,357 | 1 | Wholly in this county |
| Atoka | CDP | 1,347 | None recorded | Wholly in this county |
| La Huerta | CDP | 1,288 | None recorded | Wholly in this county |
| Happy Valley | CDP | 845 | None recorded | Wholly in this county |
| Livingston Wheeler | CDP | 460 | None recorded | Wholly in this county |
| Malaga | CDP | 309 | None recorded | Wholly in this county |
| Morningside | CDP | 103 | None recorded | Wholly in this county |
| Loco Hills | CDP | 72 | None recorded | Wholly in this county |
| Hope | village | 49 | None recorded | Wholly in this county |
| Whites City | CDP | 0 | None recorded | Wholly in this county |
A further 1 of the county's 109 SBA 7(a) approvals are to borrowers in cities that match no Census place in Eddy County, the largest being Carslsbad (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.