NAICS 81

Other Services in New Mexico: 2026 Market Risk Report

Entry risk 50.1 (Elevated), ranked #37 of 51 states. 4,624 establishments, 21,442 jobs.

Entry Risk Assessment

Entry Risk Score 50.1
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

ⓘ Lower is better. Relative to national other services average.

⛔High Barrier to Entry

Labor cost dynamics in New Mexico other services are elevated, with wage pressure at 82.1. This contributes to the state's overall entry risk ranking of #37 out of 51.

5-Year Firm Retention
29.4%
Percentile within industry
Rank #37 of 51 states
Growth Momentum
44.1
Scale of 0-100
Rank #19 of 51 states
Establishment Density
3.0
vs. national average
Rank #14 of 51 states
Market Volatility
32.3
Lower is more stable
Wage Pressure Index
82.1
Labor cost pressure

4,624 Establishments in New Mexico

4,624
Establishments
+1.4% YoY
21,442
Total Employment
+0.7% YoY
$48,550
Average Annual Wage
+4.6% YoY

New Mexico vs National Other Services Average

How New Mexico's other services market compares to the national average across all 51 states.

Metric NM National Difference
Entry Risk Score 50.1 44.9 +5.2
5-Year Retention 29.4% 51.0% -21.6
Growth Momentum 44.1 40.9 +3.2
Market Volatility 32.3 32.6 -0.3
Establishment Density 3.0 8.7 -5.7
Wage Pressure 82.1 78.2 +3.9

Green = favorable vs national average. Red = less favorable. Metrics are relative within other services only.

New Mexico Ranks #37 of 51 for Other Services

New Mexico ranks #37 out of 51 states for other services market entry conditions.

Other Services Entry Risk by State

Rank State Risk Score Classification
#1 South Dakota 28.9 low
#2 Nebraska 30.5 moderate
#3 Iowa 32.5 moderate
#4 West Virginia 32.7 moderate
#5 Indiana 33.9 moderate
#37 New Mexico You 50.1 elevated
Entry Risk by State Alaska — 46.6 · #31 Alabama — 38.1 · #11 Arkansas — 38.8 · #15 Arizona — 46.0 · #30 California — 57.1 · #45 Colorado — 50.3 · #38 Connecticut — 59.1 · #49 District of Columbia — 64.0 · #51 Delaware — 45.5 · #28 Florida — 48.1 · #35 Georgia — 47.2 · #32 Hawaii — 61.9 · #50 Iowa — 32.5 · #3 Idaho — 40.8 · #20 Illinois — 50.5 · #39 Indiana — 33.9 · #5 Kansas — 38.2 · #13 Kentucky — 42.0 · #22 Louisiana — 41.9 · #21 Massachusetts — 58.0 · #48 Maryland — 47.8 · #34 Maine — 36.7 · #9 Michigan — 43.6 · #24 Minnesota — 38.1 · #12 Missouri — 47.4 · #33 Mississippi — 35.9 · #8 Montana — 38.6 · #14 North Carolina — 44.0 · #26 North Dakota — 35.0 · #6 Nebraska — 30.5 · #2 New Hampshire — 45.7 · #29 New Jersey — 53.8 · #43 New Mexico — 50.1 · #37 Nevada — 45.2 · #27 New York — 57.7 · #47 Ohio — 35.8 · #7 Oklahoma — 40.6 · #19 Oregon — 57.1 · #46 Pennsylvania — 39.5 · #17 Rhode Island — 42.5 · #23 South Carolina — 37.9 · #10 South Dakota — 28.9 · #1 Tennessee — 40.5 · #18 Texas — 50.1 · #36 Utah — 52.1 · #42 Virginia — 50.7 · #40 Vermont — 51.6 · #41 Washington — 56.1 · #44 Wisconsin — 39.3 · #16 West Virginia — 32.7 · #4 Wyoming — 43.7 · #25
Low Moderate Elevated High

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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 other services?

Select a state above to see the comparison

Other Services in Neighboring States

How New Mexico's other services market compares to bordering states.

Oklahoma 40.6 #19/51 Arizona 46.0 #30/51 Texas 50.1 #36/51 Colorado 50.3 #38/51 Utah 52.1 #42/51

Other Industries in New Mexico

Construction → Healthcare and Social Assistance → 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 →