NAICS 53

Real Estate and Rental and Leasing in New Mexico: 2026 Market Risk Report

Entry risk 52.3 (Elevated), ranked #45 of 51 states. 2,745 establishments, 10,558 jobs.

Entry Risk Assessment

Entry Risk Score 52.3
Low 0-30
Moderate 30-42
Elevated 42-55
High 55+
Elevated

ⓘ Lower is better. Relative to national real estate and rental and leasing average.

The real estate and rental and leasing sector in New Mexico shows signs of market maturation: momentum index at 34.3 (bottom half) combined with below-average firm retention (bottom 15). Net establishment formation is likely flat or negative.

5-Year Firm Retention
25.5%
Percentile within industry
Rank #39 of 51 states
Growth Momentum
34.3
Scale of 0-100
Rank #26 of 51 states
Establishment Density
24.8
vs. national average
Rank #23 of 51 states
Market Volatility
36.8
Lower is more stable
Wage Pressure Index
64.6
Labor cost pressure

2,745 Establishments in New Mexico

2,745
Establishments
+1.2% YoY
10,558
Total Employment
+0.9% YoY
$55,074
Average Annual Wage
+5.2% YoY

New Mexico vs National Real Estate and Rental and Leasing Average

How New Mexico's real estate and rental and leasing market compares to the national average across all 51 states.

Metric NM National Difference
Entry Risk Score 52.3 40.5 +11.8
5-Year Retention 25.5% 51.0% -25.5
Growth Momentum 34.3 39.4 -5.1
Market Volatility 36.8 22.1 +14.6
Establishment Density 24.8 34.1 -9.4
Wage Pressure 64.6 45.1 +19.5

Green = favorable vs national average. Red = less favorable. Metrics are relative within real estate and rental and leasing only.

New Mexico Ranks #45 of 51 for Real Estate and Rental and Leasing

New Mexico ranks #45 out of 51 states for real estate and rental and leasing market entry conditions.

Real Estate and Rental and Leasing Entry Risk by State

Rank State Risk Score Classification
#1 Pennsylvania 24.5 low
#2 Wisconsin 26.0 low
#3 Nebraska 26.3 low
#4 South Dakota 26.4 low
#5 Massachusetts 27.7 low
#45 New Mexico You 52.3 elevated
Entry Risk by State Alaska — 34.9 · #15 Alabama — 31.9 · #13 Arkansas — 30.5 · #12 Arizona — 52.4 · #46 California — 47.1 · #39 Colorado — 52.1 · #44 Connecticut — 45.9 · #37 District of Columbia — 38.5 · #24 Delaware — 53.2 · #47 Florida — 54.7 · #49 Georgia — 51.6 · #43 Hawaii — 60.3 · #50 Iowa — 35.6 · #16 Idaho — 43.4 · #32 Illinois — 44.3 · #33 Indiana — 30.2 · #10 Kansas — 41.4 · #29 Kentucky — 30.3 · #11 Louisiana — 44.5 · #34 Massachusetts — 27.7 · #5 Maryland — 50.4 · #42 Maine — 28.3 · #6 Michigan — 39.3 · #26 Minnesota — 42.1 · #31 Missouri — 39.2 · #25 Mississippi — 30.0 · #8 Montana — 37.5 · #20 North Carolina — 38.1 · #23 North Dakota — 54.3 · #48 Nebraska — 26.3 · #3 New Hampshire — 29.6 · #7 New Jersey — 37.3 · #19 New Mexico — 52.3 · #45 Nevada — 61.9 · #51 New York — 37.6 · #21 Ohio — 33.2 · #14 Oklahoma — 42.0 · #30 Oregon — 44.8 · #35 Pennsylvania — 24.5 · #1 Rhode Island — 37.8 · #22 South Carolina — 44.9 · #36 South Dakota — 26.4 · #4 Tennessee — 37.2 · #18 Texas — 41.4 · #28 Utah — 46.6 · #38 Virginia — 35.6 · #17 Vermont — 30.1 · #9 Washington — 48.0 · #40 Wisconsin — 26.0 · #2 West Virginia — 40.6 · #27 Wyoming — 49.6 · #41
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 real estate and rental and leasing?

Select a state above to see the comparison

Real Estate and Rental and Leasing in Neighboring States

How New Mexico's real estate and rental and leasing market compares to bordering states.

Texas 41.4 #28/51 Oklahoma 42.0 #30/51 Utah 46.6 #38/51 Colorado 52.1 #44/51 Arizona 52.4 #46/51

Other Industries in New Mexico

Construction → Healthcare and Social Assistance → Retail Trade → Accommodation and Food Services → Professional, Scientific, and Technical Services → Finance and Insurance → Administrative and Support Services → Information → Other Services →