Small business density in New Mexico 40 industries · 2024 annual averages · private ownership

Firm counts, employment, and wages for 40 small-business-typical industries reported in New Mexico by the BLS Quarterly Census of Employment and Wages. Click any industry for a national comparison.

Industries
40
Total Firms
14,324
Total Employment
157,281
State
NM

By industry

Sorted by establishment count. Location quotient (LQ) compares New Mexico's industry concentration to the national average — LQ > 1 means denser than national; LQ < 1 means thinner.

Industry Firms Employment Avg Pay LQ YoY %
Quick-service restaurants 1,500 33,043 $22,609 0.99 +0.5%
Full-service restaurants 1,275 29,658 $27,633 0.85 -1.9%
Offices of lawyers 1,177 4,554 $98,693 1.10 +1.6%
Engineering services 833 6,428 $108,500 1.47 +7.8%
Electrical contractors 776 8,318 $73,418 1.37 +2.9%
Plumbing, heating & AC contractors 722 6,843 $62,965 1.04 +2.4%
Dental practices 688 5,585 $58,654 0.89 -0.6%
Gas stations with convenience stores 668 7,430 $29,996 1.16 -0.4%
Child day care 458 6,678 $33,437 1.02 -0.4%
Other accounting services 452 1,197 $50,511 1.11 +6.9%
Janitorial services 424 4,809 $25,132 0.90 -2.1%
General auto repair 422 2,090 $54,053 0.86 -2.8%
Other health practitioners 420 914 $58,105 1.89 +15.7%
CPA offices 416 1,816 $77,593 1.16 +2.2%
Landscaping services 406 3,236 $41,493 0.58 +0.7%
Other general-merchandise retailers 402 0 $0 1.10 +2.8%
Physical therapists 330 3,127 $48,540 1.12 +4.8%
Beauty salons 307 1,244 $33,536 0.69 -1.6%
Portfolio management & investment advice 305 680 $185,262 0.61 +8.9%
Supermarkets & grocery 226 13,605 $32,211 0.68 +0.4%
Veterinary services 223 2,575 $51,005 1.10 +5.7%
Roofing contractors 216 1,652 $53,915 1.20 +1.9%
Auto body & paint 206 1,171 $55,425 1.02 +4.6%
Fitness & recreational sports centers 200 2,662 $17,428 0.78 +1.0%
Chiropractors 184 649 $40,298 0.82 -1.6%
Pet care (except veterinary) 156 1,024 $29,366 1.01 +5.4%
Drinking places (bars) 125 1,900 $24,751 0.52 +5.9%
Religious organizations 107 237 $40,001 0.72 +2.9%
Optometrists 99 761 $49,527 0.81 -2.0%
All other miscellaneous retailers 82 408 $41,290 0.43 +5.1%
Other similar organizations 78 407 $60,500 0.89 -3.7%
Drycleaning & laundry 76 704 $29,503 0.90 +2.7%
Motor-vehicle parts wholesale 66 475 $51,282 0.78 +0.0%
Auto glass replacement 62 285 $41,836 1.52 +6.9%
Book retailers & news dealers 58 382 $27,268 1.30 -1.7%
Florists 56 227 $23,484 0.81 -5.1%
All other auto repair & maintenance 48 162 $41,825 1.11 +4.3%
Convenience retailers 35 125 $26,378 0.18 -7.9%
Barber shops 28 73 $41,697 0.60 +27.3%
Parking lots & garages 12 147 $25,624 0.27 +9.1%
Reading the table. Each row links to a detailed breakdown of that industry in New Mexico, with national comparison and state ranking. YoY % is year-over-year change in establishment count from 2023 to 2024 — positive means more firms opening than closing on net.

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