NAICS 62

Healthcare and Social Assistance in Albuquerque, NM

Metro Market Score 48.6 (Challenging), ranked #124 of 248 metros. 5,019 establishments, 60,505 jobs.

Metro Market Score 48.6

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Challenging

ⓘ Lower is better. Relative to national healthcare and social assistance average.

Healthcare and Social Assistance wages in Albuquerque run well below the metro average (competitiveness index: 16.9), and year-over-year wage pressure is low at 26.2. For labor-intensive operations, this cost advantage could improve unit economics significantly.

Industry Concentration

47.6

LQ: 1.05

Rank #118 of 248 metros

Wage Competitiveness

16.9

$55,780 avg wage

Growth Trend

↓ 9.3

Employment growth index

Rank #226 of 248 metros

Wage Pressure

26.2

YoY wage change index

5,019 Healthcare and Social Assistance Firms in Albuquerque

5,019

Establishments

+0.9% YoY

60,505

Total Employment

+0.0% YoY

$55,780

Average Annual Wage

+0.0% YoY

1.05

Location Quotient

Above national avg

Within New Mexico

#2 of 4

healthcare and social assistance metros in state

New Mexico state rank

#47 of 51

for healthcare and social assistance entry risk

vs State Median

-1.7

better than median (50.3)

Albuquerque vs New Mexico Statewide

How this metro's healthcare and social assistance market compares to New Mexico overall. The state ranks #47/51 for entry risk.

Measure	Albuquerque	NM Statewide
Overall Score	48.6 Challenging	53.1 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#124 of 248 metros	#47 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Albuquerque

Other Services 49.3 Administrative and Support Services 50.0 Information 54.3 Retail Trade 55.2 Construction 56.1

Healthcare and Social Assistance in Other New Mexico Metros

Las Cruces 41.0 #73/248 Farmington 50.3 #135/248 Santa Fe 50.8 #141/248

Healthcare and Social Assistance Metros With Similar Conditions

Metros within 5 points of Albuquerque's 48.6 score. Useful when comparing markets with comparable entry profiles.

Detroit-Warren-Dearborn, MI 48.6 #125/248 Gadsden, AL 48.8 #126/248 Slidell-Mandeville-Covington, LA 48.3 #123/248 Amherst Town-Northampton, MA 49.1 #127/248 Harrisonburg, VA 49.1 #128/248 Santa Cruz-Watsonville, CA 49.2 #129/248 Bozeman, MT 47.9 #122/248 Lewiston-Auburn, ME 49.3 #130/248 Baltimore-Columbia-Towson, MD 47.8 #121/248 Dubuque, IA 47.7 #119/248

Healthcare and Social Assistance in States Bordering New Mexico

State-level entry risk for healthcare and social assistance in adjacent states. Use this to weigh cross-border options.

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

Browse Healthcare and Social Assistance in Other States

State-level entry risk reports for healthcare and social assistance across all 51 markets, sorted by rank.

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Albuquerque's healthcare and social assistance sector, the employment growth component (90.7) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Albuquerque, NM MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment