Full-service restaurants in New Mexico 1,275 establishments · 29,658 employees · 2024
Firms (NM)
1,275
Employment
29,658
Avg Annual Pay
$27,633
State Rank
#42 of 52
How New Mexico compares to national
Metric
New Mexico
National
New Mexico vs. U.S.
Establishments
1,275
265,872
0.5% of U.S. total
Avg annual pay
$27,633
$30,527
-$2,894 (-9.5%)
Location quotient
0.85
1.00
15% less dense than national
Avg firm size (employees)
23.3
20.2
—
Year-over-year firm growth
-1.9%
—
—
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 0.85 means full-service restaurants are 15% under-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 722511. 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