New Mexico: 2026 Business Market Risk & Industry Survival
Rank #40 of 51 state markets. 10 industries tracked. Population: 2,117,522.
New Mexico ranks #40 out of 51 state markets by average entry risk (47.2). Accommodation and Food Services carries the lowest risk at 24.5 (Low), while Professional, Scientific, and Technical Services is the most challenging at 59.3 (High). The 34.8-point spread signals significant variation across sectors. Healthcare and Social Assistance is the largest tracked employer with 126,882 jobs.
New Mexico: 47.2 Average Entry Risk
New Mexico at a Glance
Best Industries for New Entrants in New Mexico
Industries with the lowest entry risk in New Mexico.
Entry Risk by Industry in New Mexico
Compare market entry conditions across industries in New Mexico. Rank indicates position vs. all 50 states.
New Mexico Industry Data: 53,385 Establishments
| Industry | Entry Risk | Rank | Establishments | Employment | Avg Wage |
|---|---|---|---|---|---|
| Accommodation and Food Services NAICS 72 | 24.5 | #3/51 | 4,488 | 89,258 | $26,043 |
| Retail Trade NAICS 44-45 | 39.9 | #11/51 | 6,427 | 94,529 | $36,908 |
| Administrative and Support Services NAICS 56 | 44.6 | #41/51 | 4,426 | 47,144 | $54,097 |
| Construction NAICS 23 | 47.4 | #31/51 | 5,533 | 53,894 | $68,335 |
| Information NAICS 51 | 47.7 | #34/51 | 2,021 | 10,777 | $81,910 |
| Other Services NAICS 81 | 50.1 | #37/51 | 4,624 | 21,442 | $48,550 |
| Real Estate and Rental and Leasing NAICS 53 | 52.3 | #45/51 | 2,745 | 10,558 | $55,074 |
| Finance and Insurance NAICS 52 | 53.1 | #31/51 | 3,376 | 22,349 | $82,475 |
| Healthcare and Social Assistance NAICS 62 | 53.1 | #47/51 | 10,662 | 126,882 | $53,117 |
| Professional, Scientific, and Technical Services NAICS 54 | 59.3 | #51/51 | 9,083 | 69,641 | $107,401 |
Largest Industries in New Mexico by Employment
How New Mexico Compares to Neighboring States
Average entry risk across all tracked industries. Lower scores indicate better conditions for new businesses.