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Union County, New Mexico: commercial real estate data.

Union County, New Mexico had an estimated 3,926 residents on July 1, 2024, down 3.9 percent since the 2020 census base of 4,084, across 3,824 square miles. County output reached $178.4 m in 2024, 89 establishments operate here, and the SBA record carries 2 7(a) approvals worth $325,000 since FY2020.

Underlined figures are computed by MMCG Analytics, not published by the agency.

Union County

How many people live in Union County

  • Population, American Community Survey 2020-20244,013
  • Households1,438
  • Average household size2.79
  • Median household income$46,694
  • Median age42.6
  • Median gross rent$683 per month
  • Median owner-occupied home value$122,700
  • Home value to household income2.6 times
  • Annual rent as a share of median income17.6 percent
  • Adults 25 and over with a bachelor degree or higher18.4 percent
  • Adults 25 and over with a graduate degree5.3 percent
  • Adults 25 and over2,943
  • Population under 18856
  • Share under 1821.3 percent
  • Population 65 and over916
  • Share 65 and over22.8 percent
  • Working age population, 18 to 642,241
  • Civilian labor force1,423
  • Unemployment rate6.2 percent
  • Labor force participation, adults 18 and over45.1 percent
  • Rank by population among New Mexico counties30th of 33
  • Rank by population among US county-equivalents, Puerto Rico included2964th of 3,222

Union County is the 30th largest of 33 New Mexico counties by population. A median home costs 2.6 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 22.8 percent against 21.3 percent, which points demand at health care, services and single story product rather than schools.

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

Union County

Is Union County's population growing?

  • Population, July 1, 20243,926
  • Census 2020 base population4,084
  • Population change since the 2020 census base-3.87 percent
  • Population change, 2023 to 2024-46
  • Births, 202432
  • Deaths, 202472
  • Natural change, 2024-40
  • Net domestic migration, 2024-5
  • Net international migration, 20240
  • Total net migration, 2024-5
  • Cumulative net domestic migration, 2021 to 2024-45
  • Rank by growth among US county-equivalents2885th of 3,144

The county has lost 3.87 percent of its population since the 2020 census base. The population fell in 2024 from both sources: deaths exceeded births and more people left than moved in.

US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.

Union County

Where are people moving to Union County from?

  • Tax returns filed by households arriving69
  • People arriving, from those returns101
  • Tax returns filed by households leaving81
  • Net household movement-12
  • Adjusted gross income arriving$2.7 m
  • Net adjusted gross income movement$453,000
  • Average income of an arriving household$38,522
  • Average income of a leaving household$27,222
Largest origins of households moving into Union County
OriginHouseholdsPeopleAdjusted gross income

Households arriving report $11,300 more average income than households leaving, so the migration is raising local spending power rather than just moving it around.

US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Union County

What is the Union County economy?

  • County GDP, 2024$178.4 m
  • County GDP, 2023$175.6 m
  • GDP change, 2023 to 20241.6 percent
  • GDP change over five years11.6 percent
  • Rank by GDP among the New Mexico areas BEA publishes29th of 33
  • Rank by GDP among the US county areas BEA publishes2930th of 3,127
  • GDP per resident$44,467

Output grew 1.6 percent in the latest year and 11.6 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.

Union County

Employment by industry in Union County

  • Covered employment, annual average1,221
  • Establishments reporting182
  • Average annual pay$46,421
  • Average weekly wage$893
  • Health care and social assistance, employment170
  • Health care and social assistance, average annual pay$48,158
  • Retail trade, employment159
  • Retail trade, average annual pay$28,011
  • Accommodation and food services, employment96
  • Accommodation and food services, average annual pay$18,352
  • Wholesale trade, employment41
  • Wholesale trade, average annual pay$35,837
  • Finance and insurance, employment40
  • Information, employment39
Private sector employment and pay by industry, Union County
SectorEmploymentEstablishmentsAverage annual pay
Health care and social assistance17012$48,158
Retail trade15922$28,011
Accommodation and food services9611$18,352
Wholesale trade414$35,837
Finance and insurance4012$66,514
Information394$39,195
Professional, scientific and technical services268$40,774
Real estate and rental and leasing116$123,834

Health care and social assistance is the largest private sector at 170 jobs, 13.9 percent of covered employment.

US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

Union County

How many businesses are in Union County?

  • Establishments, all industries89
  • Employment at those establishments694
  • Annual payroll$25.5 m
  • Establishments per 1,000 residents22.2

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.

Union County

SBA loans in Union County (7(a) and 504)

  • 7(a) approvals recorded2
  • 7(a) gross approval dollars$325,000
  • Average 7(a) approval$162,500
  • Median 7(a) approval$162,500
  • Largest single approval$175,000
  • Jobs reported supported, 7(a)7
  • Jobs per approval3.5
  • Distinct 7(a) lenders active2
  • Distinct industries receiving approvals2
  • Median 7(a) term78 months
  • Share of loans on real estate terms, 240 months or longer0.0 percent
  • Loans on real estate terms0
  • Loans on working capital terms, 120 months or shorter2
  • Franchise loans1
  • Franchise share of approvals50.0 percent
  • 504 approvals recorded1
  • 504 gross approval dollars$897,000
  • Average 504 approval$897,000
  • Median 504 approval$897,000
  • Distinct CDCs active1
  • 504 jobs per approval15.0
  • 504 jobs per million dollars approved16.7
  • Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$1.2 m

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.

Union County

SBA loan default and charge-off rates in Union County

Do SBA loans in Union County get paid back?

  • Loans with a final outcome recorded1
  • Paid in full1
  • Charged off0
  • Status: Paid in full1
  • Status: Cancelled1

Only 1 loan has 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.

Union County

How large is Union County?

  • Land area3,824 sq mi
  • Rank by land area among New Mexico counties15th of 33
  • Width, east to west56 mi
  • Height, north to south87.1 mi
  • Geographies sharing a boundary8
  • Residents per square mile of land1
  • Establishments per square mile0.02

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.

Union County

Flood risk in Union County

  • Communities in the county in the NFIP Community Status Book1
  • Of those, participating in the NFIP1
  • NFIP participation rate100.0 percent
  • Communities carrying a CRS class0
  • Radon levels in Union County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2

The EPA places Union 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 Union 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 Union County site starts with the figures you are reading, carrying the same source and period into the credit file.

  • Population, American Community Survey 2020-20244,013
  • Households1,438
  • Average household size2.79
  • Median household income$46,694
  • Median age42.6

How a feasibility study works →

Common questions

Union County questions, answered from the record.

How many people live in Union County, New Mexico?

The Census Bureau estimates 3,926 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 4,013, in 1,438 households, ranking 30th of 33 New Mexico counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

Is Union County's population growing?

The population has fallen 3.87 percent since the 2020 census base of 4,084, to 3,926 on July 1, 2024. In 2024 there were 32 births against 72 deaths, with net migration of -5. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.

What is the median household income in Union County?

$46,694. The median owner-occupied home is valued at $122,700, which is 2.6 times income, and median gross rent is $683 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

How many businesses are in Union County?

89 establishments, employing 694 people with an annual payroll of $25.5 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.

What is employment by industry in Union County?

Health care and social assistance is the largest private sector at 170 jobs, 13.9 percent of covered employment. Covered employment averages 1,221 jobs at an average annual pay of $46,421, or $893 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

How much SBA lending happens in Union County?

2 7(a) approvals totaling $325,000 since FY2020, across 2 lenders, with a median approval of $162,500, plus 1 504 approvals worth $897,000 since FY2010. These are approvals recorded in the release, not loans disbursed.

What is the radon zone for Union 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.

Are traffic counts available for Union 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 Union 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.

Union County

Cities and places in Union.

5 Census places lie wholly or partly in Union County. All 5 carry enough published place level data for a page of their own and are linked.

Census places in Union County, by population, with SBA 7(a) approvals to borrowers in each place for projects in Union County
PlaceTypePopulationSBA 7(a) approvals, projects in this countyLies in
Claytontown2,7532Wholly in this county
Des Moinesvillage174None recordedWholly in this county
CapulinCDP79None recordedWholly in this county
Grenvillevillage56None recordedWholly in this county
Folsomvillage11None recordedWholly in this county