Accommodation & Food Services in New Mexico — margin & local benchmarks
The accommodation & food services industry's national net profit margin is 1.9% (national, owner-operator basis — no state-level margin exists in any public source). In New Mexico, there are 4,732 accommodation & food services establishments.
1.9%net profit margin · owner-operator basis
Owner-operator basis (IRS SOI sole proprietorships, TY2023): net income less deficit ÷ business receipts, at NAICS 72 (Accommodation & Food Services). Sole-proprietor labor is not expensed, so this overstates corporate-style profit. Profit margin is published only nationally (IRS SOI);
this site never adjusts it to look local — see methodology.
Accommodation & Food Services in New Mexico
Local counts from Census County Business Patterns (2023) and BLS QCEW. Establishment counts survive disclosure suppression; payroll/wage cells may be withheld and are then shown as insufficient data.
| Metric | Value | |
|---|---|---|
| Establishments in New Mexico | 4,732 | State 2023 source ↗ |
| Employment in New Mexico | 96,072 | State 2023 source ↗ |
| Annual payroll in New Mexico | $2,373,535,000 | State 2023 source ↗ |
| Average weekly wage in New Mexico | $501 | State 2024 source ↗ |
Business survival rates by firm age are published by Census BDS at the national level only (not by state or industry jointly) — so no local survival figure is shown here, rather than a misleading one.
Metro-level counts, multi-year trends, and geography-to-geography comparison are available to subscribers. This page shows the current national margin plus current New Mexico counts.
Frequently asked
How many accommodation & food services businesses are in New Mexico?
4,732 establishments (Census County Business Patterns, 2023).
What is the average accommodation & food services wage in New Mexico?
$501 per week (BLS QCEW 2024, private sector).
What profit margin do accommodation & food services businesses make?
About 1.9% net margin nationally (owner-operator basis, IRS SOI) — no state-level margin is published.
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