Groundwork

Market rankings · New Mexico

HVAC and plumbing companies in New Mexico

Every metro area, small-town market and county in New Mexico, ranked by the Groundwork market score for HVAC and plumbing companies, with competitor counts and household spending for each.

Listings
457
16 chain locations (4%)
Official establishments
691
+6.1% since 2019
Household spending a year
$2.1B
On home repairs, maintenance and insurance
Listings per 10k households
5.5
13% below the U.S.
Spending per listing
$4.7M
In line with the U.S.
Rank among states
#43 of 51
Market score 35 · Lower middle

A site report maps the HVAC and plumbing companies on map listings around any address in New Mexico by name and distance, and the spending within reach.

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

There are 457 HVAC and plumbing companies on map listings in New Mexico as of September 2026. Of those, 16 are chain locations, or 4%, against 4% across the U.S. Per 10,000 households, that is 5.5, 13% below the U.S. rate of 6.3.

Household spending on home repairs, maintenance and insurance in New Mexico comes to about $2.1B a year: $2,559 per household, 15% below the U.S. average. That works out to $4.7M per company, in line with the U.S. figure of $4.8M. The spending figure covers all home repairs, maintenance and insurance, not only HVAC and plumbing companies.

Official counts show 691 businesses with payroll classed as plumbing, heating and air-conditioning contractors in New Mexico in 2023, up 6.1% from 2019. That is one for every 1,212 households, against one for every 1,162 across the U.S. Across the U.S., the count rose 7.6% over the same years. Since fiscal 2022, 23 SBA-backed loans worth $5.9M have gone to businesses classed as plumbing, heating and air-conditioning contractors in New Mexico.

Among the 50 states and DC, New Mexico ranks #43 for HVAC and plumbing companies, with a Groundwork market score of 35 (lower middle). Of the 4 scored metro areas in or partly in New Mexico, the Las Cruces metro area scores highest (58). Of the 7 scored small-town markets in or partly in New Mexico, the Carlsbad-Artesia area scores highest (60).

Every market in New Mexico for HVAC and plumbing companies

Download the ranking (CSV)

Numbered by Groundwork market score among the markets based in New Mexico, highest first; the U.S. rank compares each market with every other of its kind. A metro area that crosses a state line is listed in each state it reaches, and numbered only in the state its page is under. How the score works.

Metro areas

Metro areas reaching New Mexico, ranked for HVAC and plumbing companies by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Las Cruces, NM58404.7$5.1M+4.1%#129 of 387
2Albuquerque, NM432165.7$4.6M+0.8%#249 of 387
3Farmington, NM40245.8$4.2M−0.9%#270 of 387
4Santa Fe, NM31578.1$3.6M+1.2%#341 of 387

Small-town markets

Small-town markets reaching New Mexico, ranked for HVAC and plumbing companies by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Carlsbad-Artesia, NM60166.8$4M+0.3%#142 of 476
2Clovis, NM49103.8$6.1M−3.3%#245 of 476
3Gallup, NM4994.2$5.1M−6.1%#246 of 476
4Taos, NM4374.5$5.4M+0.3%#300 of 476
5Hobbs, NM41197.7$3.4M+0.2%#326 of 476
6Alamogordo, NM36218.6$2.8M+3.7%#380 of 476
7Roswell, NM28135.5$4.2M−2.7%#437 of 476
Española, NMNot scored00.0n/a−1.0%
Las Vegas, NMNot scored21.4$15.2M−3.2%
Silver City, NMNot scored32.7$8.5M−3.4%
Deming, NMNot scored33.3$6.3M−0.2%
Ruidoso, NMNot scored44.0$5.9M−2.3%
Los Alamos, NMNot scored44.9$7.9M0.0%

Counties

Counties in New Mexico, ranked for HVAC and plumbing companies by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Sandoval County, NM81223.9$7.5M+6.9%#50 of 1,707
2Doña Ana County, NM58404.7$5.1M+4.1%#564 of 1,707
3Curry County, NM5273.8$6.3M−3.5%#771 of 1,707
4Eddy County, NM51166.8$4M+0.3%#829 of 1,707
5McKinley County, NM4894.2$5.1M−6.1%#921 of 1,707
6Bernalillo County, NM451736.1$4.4M−1.4%#1,022 of 1,707
7San Juan County, NM44245.8$4.2M−0.9%#1,051 of 1,707
8Santa Fe County, NM40578.1$3.6M+1.2%#1,208 of 1,707
9Taos County, NM3874.5$5.4M+0.3%#1,265 of 1,707
10Lea County, NM35197.7$3.4M+0.2%#1,364 of 1,707
11Valencia County, NM33207.3$3.4M+7.2%#1,425 of 1,707
12Otero County, NM33218.6$2.8M+3.7%#1,438 of 1,707
13Chaves County, NM26135.5$4.2M−2.7%#1,562 of 1,707
Rio Arriba County, NMNot scored00.0n/a−1.0%
Grant County, NMNot scored32.7$8.5M−3.4%
San Miguel County, NMNot scored21.7$13M−3.2%
Cibola County, NMNot scored44.7$4.7M−0.6%
Luna County, NMNot scored33.3$6.3M−0.2%
Lincoln County, NMNot scored44.0$5.9M−2.3%
Los Alamos County, NMNot scored44.9$7.9M0.0%
Roosevelt County, NMNot scored34.0$5.5M−2.8%
Socorro County, NMNot scored11.9$10.6M−4.3%
Torrance County, NMNot scored11.7$14.6M+6.9%
Colfax County, NMNot scored00.0n/a−1.4%
Sierra County, NMNot scored11.8$11M−1.4%
Show all 33 counties
Counties in New Mexico, ranked for HVAC and plumbing companies by Groundwork market score, continued
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
Quay County, NMNot scored12.3$9.3M−3.0%
Guadalupe County, NMNot scored00.0n/a−2.2%
Mora County, NMNot scored00.0n/a−3.3%
Hidalgo County, NMNot scored00.0n/a−5.6%
Union County, NMNot scored17.0$3.2M−5.5%
Catron County, NMNot scored00.0n/a+6.1%
De Baca County, NMNot scored112.2$1.7M−2.4%
Harding County, NMNot scored00.0n/a−5.4%

Markets with fewer than 5 HVAC and plumbing companies on map listings, and counties under 10,000 people, aren’t scored; they’re listed last in each table.

Questions

How many HVAC and plumbing companies are in New Mexico?

As of September 2026, map listings count 457 HVAC and plumbing companies in New Mexico. 16 of them (4%) are chain locations. The listings count heating and air-conditioning companies and plumbers. Official counts show 691 businesses with payroll classed as plumbing, heating and air-conditioning contractors in 2023, up 6.1% from 2019.

How much do households in New Mexico spend on home repairs, maintenance and insurance?

About $2.1B a year, or $2,559 per household. That is 15% below the U.S. average (an index of 85, where 100 is the U.S. average). Spread across the 457 HVAC and plumbing companies on map listings, it comes to $4.7M per company. That spending covers all home repairs, maintenance and insurance, which HVAC and plumbing companies share with other businesses in the trade. It is estimated from the incomes of the 837,414 households in New Mexico and national spending patterns by income.

How does New Mexico compare with the U.S. for HVAC and plumbing companies?

New Mexico has 5.5 HVAC and plumbing companies per 10,000 households, 13% below the U.S. rate of 6.3. Spending per company is $4.7M, in line with the U.S. figure of $4.8M. At the U.S. ratio of HVAC and plumbing companies to household spending, New Mexico would have about 451, against 457 on map listings. There is one business with payroll in the industry for every 1,212 households, against one for every 1,162 across the U.S. The official count rose 6.1% from 2019 to 2023, against +7.6% for the U.S.

Which market in New Mexico has the highest market score for HVAC and plumbing companies?

Among 4 scored metro areas in or partly in New Mexico, the Las Cruces metro area scores highest, at 58 (upper middle). Among 7 scored small-town markets in or partly in New Mexico, the Carlsbad-Artesia area scores highest, at 60 (upper middle). Among 13 scored counties in New Mexico, Sandoval County scores highest, at 81 (high). Scores compare each market with others of its kind across the U.S.

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. New Mexico scores 35 for HVAC and plumbing companies (lower middle), #43 of the 50 states and DC.

How can I see the market around a specific site?

Run a Groundwork site report on an address in New Mexico. It maps the HVAC and plumbing companies 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.

HVAC and plumbing in other states

All 51 states

Top markets for HVAC and plumbing companies across the U.S. · All business types in New Mexico

Screening a site or an acquisition in New Mexico?

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

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.