Groundwork

Funeral services · Metro area · New Mexico

Funeral homes in the Farmington, NM metro area

The funeral homes in the Farmington, NM metro area, the household spending behind them and how the market ranks against other metro areas.

Groundwork market score · out of 100

Score 40 out of 100: Lower middle

Ranked #244 of 377 scored metro areas
#3 of 3 scored metro areas based in New Mexico

Listings
10
2 chain locations (20%)
Official establishments
7
Businesses with payroll, 2023
Household spending a year
$6.4M
On funerals · $153 a household
Spending per listing
$638K
6% below the U.S.
Listings per 10k households
2.4
14% above the U.S.
Population, 2025
120,340
−0.9% since 2020

See the funeral homes around any address in the Farmington metro area

The site report maps the funeral homes on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Farmington metro area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Map listings as of September 2026 show 10 funeral homes in the Farmington metro area. 2 of them (20%) are chain locations, against 10% across the U.S. Per 10,000 households, that is 2.4, 14% above the U.S. rate of 2.1.

Households in the Farmington metro area spend about $6.4M a year on funerals, or $153 per household, 7% above the U.S. average. That works out to $638K per home, 6% below the U.S. figure of $679K.

Official counts show 7 businesses with payroll classed as funeral homes and funeral services in the Farmington metro area in 2023. That is one for every 5,962 households, against one for every 8,510 across the U.S.

Population estimates put the population change in the Farmington metro area from 2020 to 2025 at −0.9%, against +3.1% for the U.S. The Groundwork market score for funeral homes in the Farmington metro area is 40 (lower middle), #244 of 377 scored metro areas and #3 of 3 scored metro areas based in New Mexico.

How the Farmington metro area compares

The same measures for New Mexico and the whole U.S. Spending per listing divides a year of household spending on all funerals by the funeral homes counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Funeral homes in Farmington, NM metro area compared with New Mexico and the U.S.
MeasureFarmington metro areaNew MexicoU.S.
Listings per 10k households2.41.42.1
Spending per listing$638K$1.1M$679K
Households per official establishment5,96212,6888,510
Official establishment growth, 2019–2023n/a+8.2%−1.7%
Population growth, 2020–2025−0.9%+0.3%+3.1%
Spending per household on funerals$153$149$143
Median household income$55,872$64,059$80,734
Groundwork market score4068

Official counts and lending

Businesses

Official establishments, 2019 to 2023
7
Employees, 2023
56
Annual payroll, 2023
$1.9M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
102 chain locations
Listings at the U.S. rate for this spending
9The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as funeral homes and funeral services in the Farmington metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Farmington metro area

Population, 2025 estimate
120,340−0.9% since 2020
Households
41,732
Median age
38.3
Homes lived in by their owners
71%
Vehicles per household
2.0
Land area
5,517 sq. mi.
People per square mile
22
Median household income
$55,872+10.6% vs. 2015–2019, before inflation
Average household income
$76,826
Median home value
$193,800
Jobs located here
45,264
Daytime population
119,349Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Farmington metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the funeral homes on map listings by name and distance.

Or open the report at the center of the Farmington metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Funeral homes across New Mexico

Every New Mexico market ranked →

The highest-scoring metro areas in New Mexico for funeral homes, numbered among those based in New Mexico, with the Farmington metro area marked.

Top metro areas in New Mexico

Metro areas in New Mexico ranked for funeral homes by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Santa Fe, NM78111.6$1.1M+1.2%#35 of 377
2Albuquerque, NM70350.9$1.5M+0.8%#70 of 377
3Farmington, NM40102.4$638K−0.9%#244 of 377

Other business types in the Farmington metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many funeral homes are in the Farmington, NM metro area?

There are 10 funeral homes on map listings in the Farmington metro area as of September 2026. 2 of them (20%) are chain locations. The listings count funeral homes, mortuaries and cremation services. Official counts show 7 businesses with payroll classed as funeral homes and funeral services in 2023.

How much do households in the Farmington, NM metro area spend on funerals?

About $6.4M a year, or $153 per household. That is 7% above the U.S. average (an index of 107, where 100 is the U.S. average). Spread across the 10 funeral homes on map listings, it comes to $638K per home. It is estimated from the incomes of the 41,732 households in the Farmington metro area and national spending patterns by income.

How does the Farmington, NM metro area compare with the U.S. for funeral homes?

The Farmington metro area has 2.4 funeral homes per 10,000 households, 14% above the U.S. rate of 2.1. Spending per home is $638K, 6% below the U.S. figure of $679K. At the national ratio of funeral homes to household spending, the Farmington metro area would have about 9, against 10 on map listings. There is one business with payroll in the industry for every 5,962 households, against one for every 8,510 across the U.S.

How fast is the Farmington, NM metro area growing?

Population estimates put the Farmington metro area at 120,340 people in 2025, down 0.9% since 2020, against +3.1% for the U.S. It has 41,732 households. Median household income in the Farmington metro area is $55,872, 31% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 10.6%, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Farmington metro area scores 40 for funeral homes (lower middle), #244 of 377 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Farmington metro area. It maps the funeral homes on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for funeral homes · All 56 business types in the Farmington metro area

Screening a site or an acquisition in the Farmington metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Farmington metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.