Construction (all) in New Mexico — margin & local benchmarks
The construction (all) industry's national net profit margin is 14.8% (national, owner-operator basis — no state-level margin exists in any public source). In New Mexico, there are 4,638 construction (all) establishments.
14.8%net profit margin · owner-operator basis
Owner-operator basis (IRS SOI sole proprietorships, TY2023): net income less deficit ÷ business receipts, at NAICS 23 (Construction (all)). 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.
Construction (all) 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 | 4,638 | State 2023 source ↗ |
| Employment in New Mexico | 46,332 | State 2023 source ↗ |
| Annual payroll in New Mexico | $2,870,295,000 | State 2023 source ↗ |
| Average weekly wage in New Mexico | $1,314 | 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 construction (all) businesses are in New Mexico?
4,638 establishments (Census County Business Patterns, 2023).
What is the average construction (all) wage in New Mexico?
$1,314 per week (BLS QCEW 2024, private sector).
What profit margin do construction (all) businesses make?
About 14.8% net margin nationally (owner-operator basis, IRS SOI) — no state-level margin is published.
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