NAICS 62

Healthcare and Social Assistance in New Mexico: 2026 Market Risk Report

Entry risk 53.1 (Elevated), ranked #47 of 51 states. 10,662 establishments, 126,882 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 healthcare and social assistance average.

Labor cost dynamics in New Mexico healthcare and social assistance are elevated, with wage pressure at 60.4. This contributes to the state's overall entry risk ranking of #47 out of 51.

5-Year Firm Retention
29.4%
Percentile within industry
Rank #37 of 51 states
Growth Momentum
33.6
Scale of 0-100
Rank #35 of 51 states
Establishment Density
14.1
vs. national average
Rank #36 of 51 states
Market Volatility
32.9
Lower is more stable
Wage Pressure Index
60.4
Labor cost pressure

10,662 Establishments in New Mexico

10,662
Establishments
+0.1% YoY
126,882
Total Employment
+2.4% YoY
$53,117
Average Annual Wage
+3.7% YoY

New Mexico vs National Healthcare and Social Assistance Average

How New Mexico's healthcare and social assistance market compares to the national average across all 51 states.

Metric NM National Difference
Entry Risk Score 53.1 40.5 +12.6
5-Year Retention 29.4% 51.0% -21.6
Growth Momentum 33.6 46.8 -13.2
Market Volatility 32.9 27.8 +5.1
Establishment Density 14.1 12.9 +1.2
Wage Pressure 60.4 49.0 +11.4

Green = favorable vs national average. Red = less favorable. Metrics are relative within healthcare and social assistance only.

New Mexico Ranks #47 of 51 for Healthcare and Social Assistance

New Mexico ranks #47 out of 51 states for healthcare and social assistance market entry conditions.

Healthcare and Social Assistance Entry Risk by State

Rank State Risk Score Classification
#1 Utah 22.9 low
#2 Nebraska 23.7 low
#3 North Dakota 26.2 low
#4 Iowa 26.7 low
#5 District of Columbia 27.9 low
#47 New Mexico You 53.1 elevated
Entry Risk by State Alaska — 50.3 · #44 Alabama — 43.6 · #31 Arkansas — 39.5 · #24 Arizona — 44.1 · #32 California — 54.6 · #49 Colorado — 46.7 · #35 Connecticut — 30.9 · #8 District of Columbia — 27.9 · #5 Delaware — 44.8 · #33 Florida — 47.2 · #37 Georgia — 43.3 · #28 Hawaii — 50.2 · #43 Iowa — 26.7 · #4 Idaho — 29.8 · #7 Illinois — 43.6 · #30 Indiana — 31.2 · #10 Kansas — 34.0 · #15 Kentucky — 54.4 · #48 Louisiana — 34.6 · #16 Massachusetts — 48.4 · #40 Maryland — 36.8 · #21 Maine — 49.9 · #42 Michigan — 52.5 · #46 Minnesota — 31.0 · #9 Missouri — 55.6 · #51 Mississippi — 38.3 · #23 Montana — 33.0 · #13 North Carolina — 33.0 · #14 North Dakota — 26.2 · #3 Nebraska — 23.7 · #2 New Hampshire — 36.6 · #19 New Jersey — 45.1 · #34 New Mexico — 53.1 · #47 Nevada — 37.2 · #22 New York — 48.2 · #39 Ohio — 40.2 · #26 Oklahoma — 49.7 · #41 Oregon — 55.6 · #50 Pennsylvania — 29.5 · #6 Rhode Island — 36.0 · #17 South Carolina — 31.5 · #12 South Dakota — 31.4 · #11 Tennessee — 47.4 · #38 Texas — 46.8 · #36 Utah — 22.9 · #1 Virginia — 39.9 · #25 Vermont — 36.7 · #20 Washington — 52.3 · #45 Wisconsin — 43.4 · #29 West Virginia — 40.3 · #27 Wyoming — 36.4 · #18
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 healthcare and social assistance?

Select a state above to see the comparison

Healthcare and Social Assistance in Neighboring States

How New Mexico's healthcare and social assistance market compares to bordering states.

Utah 22.9 #1/51 Arizona 44.1 #32/51 Colorado 46.7 #35/51 Texas 46.8 #36/51 Oklahoma 49.7 #41/51

Other Industries in New Mexico

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