CPA offices in New Mexico 416 establishments · 1,816 employees · 2024
Firms (NM)
416
Employment
1,816
Avg Annual Pay
$77,593
State Rank
#38 of 52
How New Mexico compares to national
Metric
New Mexico
National
New Mexico vs. U.S.
Establishments
416
63,589
0.7% of U.S. total
Avg annual pay
$77,593
$117,199
-$39,606 (-33.8%)
Location quotient
1.16
1.00
16% denser than national
Avg firm size (employees)
4.4
8.5
—
Year-over-year firm growth
+2.2%
—
—
Reading this
An establishment is a single physical location where business is conducted. A firm with multiple locations counts as multiple establishments. "Avg pay" is wages and salaries per employee, including bonuses and tips — for proprietorships, the owner's take is largely outside this number. The location quotient (LQ) of 1.16 means cpa offices are 16% over-represented in New Mexico's business mix relative to the U.S. average.
Source. BLS Quarterly Census of Employment and Wages — 2024 annual averages, private-ownership only, NAICS 541211. Establishment counts include any firm with at least one paid employee covered by state unemployment insurance.
SMB Density · firm counts, employment, and wages by industry × state · data from BLS QCEW 2024 annual (private ownership, state-level; mostly 6-digit NAICS, 3 specialty-trade industries at 5-digit aggregation) · data.json