NAICS 52

Finance and Insurance in New Mexico: 2026 Market Risk Report

Entry risk 53.1 (Elevated), ranked #31 of 51 states. 3,376 establishments, 22,349 jobs.

Entry Risk Assessment

Entry Risk Score 53.1
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

ⓘ Lower is better. Relative to national finance and insurance average.

⛔High Barrier to Entry

The finance and insurance sector in New Mexico is tracking close to the U.S. baseline, with no extreme signals in volatility, saturation, or wage pressure. Entry conditions are within the national median range.

5-Year Firm Retention
47.1%
Percentile within industry
Rank #28 of 51 states
Growth Momentum
20.1
Scale of 0-100
Rank #35 of 51 states
Establishment Density
21.0
vs. national average
Rank #13 of 51 states
Market Volatility
13.1
Lower is more stable
Wage Pressure Index
67.3
Labor cost pressure

3,376 Establishments in New Mexico

3,376
Establishments
+1.4% YoY
22,349
Total Employment
-1.0% YoY
$82,475
Average Annual Wage
+5.7% YoY

New Mexico vs National Finance and Insurance Average

How New Mexico's finance and insurance market compares to the national average across all 51 states.

Metric NM National Difference
Entry Risk Score 53.1 51.9 +1.3
5-Year Retention 47.1% 51.0% -3.9
Growth Momentum 20.1 34.4 -14.3
Market Volatility 13.1 9.6 +3.5
Establishment Density 21.0 42.5 -21.5
Wage Pressure 67.3 66.8 +0.5

Green = favorable vs national average. Red = less favorable. Metrics are relative within finance and insurance only.

New Mexico Ranks #31 of 51 for Finance and Insurance

New Mexico ranks #31 out of 51 states for finance and insurance market entry conditions.

Finance and Insurance Entry Risk by State

Rank State Risk Score Classification
#1 Hawaii 37.0 moderate
#2 West Virginia 39.8 moderate
#3 Kentucky 40.0 moderate
#4 Rhode Island 41.9 moderate
#5 Maine 42.0 elevated
#31 New Mexico You 53.1 elevated
Entry Risk by State Alaska — 49.7 · #21 Alabama — 48.4 · #18 Arkansas — 44.7 · #7 Arizona — 52.6 · #29 California — 46.9 · #12 Colorado — 67.3 · #50 Connecticut — 73.7 · #51 District of Columbia — 47.9 · #13 Delaware — 57.7 · #44 Florida — 61.9 · #46 Georgia — 56.4 · #40 Hawaii — 37.0 · #1 Iowa — 54.3 · #35 Idaho — 56.2 · #39 Illinois — 46.2 · #10 Indiana — 45.4 · #9 Kansas — 57.0 · #42 Kentucky — 40.0 · #3 Louisiana — 42.0 · #6 Massachusetts — 48.2 · #15 Maryland — 52.6 · #30 Maine — 42.0 · #5 Michigan — 49.8 · #23 Minnesota — 46.6 · #11 Missouri — 57.7 · #43 Mississippi — 54.5 · #36 Montana — 59.0 · #45 North Carolina — 48.4 · #17 North Dakota — 52.1 · #28 Nebraska — 49.4 · #20 New Hampshire — 49.8 · #22 New Jersey — 53.2 · #32 New Mexico — 53.1 · #31 Nevada — 55.6 · #38 New York — 65.4 · #49 Ohio — 48.2 · #14 Oklahoma — 64.9 · #48 Oregon — 56.7 · #41 Pennsylvania — 48.8 · #19 Rhode Island — 41.9 · #4 South Carolina — 48.4 · #16 South Dakota — 50.1 · #24 Tennessee — 53.4 · #33 Texas — 50.4 · #25 Utah — 51.9 · #27 Virginia — 50.8 · #26 Vermont — 53.6 · #34 Washington — 55.5 · #37 Wisconsin — 45.3 · #8 West Virginia — 39.8 · #2 Wyoming — 62.0 · #47
Low Moderate Elevated High

Tap a state to view details

About Entry Risk Score: A weighted composite of firm retention, growth momentum, market volatility, establishment density, and wage pressure. Lower scores indicate more favorable conditions. Read full methodology →

Data Sources

Data period: 2024. Last updated: February 2026. Next refresh expected: Q2 2026 (BLS QCEW update).

Compare to Another State

How does New Mexico stack up against other states for finance and insurance?

Select a state above to see the comparison

Finance and Insurance in Neighboring States

How New Mexico's finance and insurance market compares to bordering states.

Texas 50.4 #25/51 Utah 51.9 #27/51 Arizona 52.6 #29/51 Oklahoma 64.9 #48/51 Colorado 67.3 #50/51

Other Industries in New Mexico

Construction → Healthcare and Social Assistance → Retail Trade → Accommodation and Food Services → Professional, Scientific, and Technical Services → Real Estate and Rental and Leasing → Administrative and Support Services → Information → Other Services →