Groundwork

Real estate · Metro area · New Mexico

Property management companies in the Farmington, NM metro area

The property management companies 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 54 out of 100: Upper middle

Ranked #153 of 374 scored metro areas
#2 of 4 scored metro areas based in New Mexico

Listings
12
0 chain locations (0%)
Official establishments
10
Businesses with payroll, 2023
Household spending a year
$659.4M
On rent and homeowner costs · $15,800 a household
Housing spending per listing (U.S. = 100)
99
In line with the U.S.
Listings per 10k households
2.9
3% below the U.S.
Population, 2025
120,340
−0.9% since 2020

See the property management companies around any address in the Farmington metro area

The site report maps the property management companies 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.

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

What this means

Household spending on rent and homeowner costs in the Farmington metro area comes to about $659.4M a year: $15,800 per household, 5% below the U.S. average. Housing spending per company is in line with the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in.

The Farmington metro area has 12 property management companies on map listings as of September 2026. None of them are chain locations, against 4% across the U.S. That comes to 2.9 for every 10,000 households, 3% below the U.S. rate of 3.0.

In 2023, official counts showed 10 businesses with payroll in the Farmington metro area classed as residential and commercial property managers. That is one for every 4,173 households, against one for every 1,638 across the U.S.

Population estimates show the Farmington metro area declined 0.9% from 2020 to 2025, against +3.1% for the U.S. The Groundwork market score for property management companies in the Farmington metro area is 54 (upper middle), #153 of 374 scored metro areas and #2 of 4 scored metro areas based in New Mexico.

How the Farmington metro area compares

The same measures for New Mexico and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Property management in Farmington, NM metro area compared with New Mexico and the U.S.
MeasureFarmington metro areaNew MexicoU.S.
Listings per 10k households2.92.73.0
Housing spending per listing (U.S. = 100)99110100
Households per official establishment4,1732,0681,638
Official establishment growth, 2019–2023n/a+12.5%+11.4%
Population growth, 2020–2025−0.9%+0.3%+3.1%
Spending per household on rent and homeowner costs$15,800$16,591$16,661
Median household income$55,872$64,059$80,734
Groundwork market score5451

Official counts and lending

Businesses

Official establishments, 2019 to 2023
10
Employees, 2023
66
Annual payroll, 2023
$3M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
120 chain locations
Listings at the U.S. rate for this spending
12The 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 residential and commercial property managers 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 property management companies 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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Property management across New Mexico

Every New Mexico market ranked →

The highest-scoring metro areas in New Mexico for property management companies, 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 property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Las Cruces, NM71182.1133+4.1%#32 of 374
2Farmington, NM54122.999−0.9%#153 of 374
3Albuquerque, NM461153.1101+0.8%#219 of 374
4Santa Fe, NM38273.886+1.2%#285 of 374

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 property management companies are in the Farmington, NM metro area?

Map listings as of September 2026 show 12 property management companies in the Farmington metro area. None of them are chain locations. The listings count property management companies. Official counts show 10 businesses with payroll classed as residential and commercial property managers in 2023.

How much do households in the Farmington, NM metro area spend on rent and homeowner costs?

About $659.4M a year, or $15,800 per household. That is 5% below the U.S. average (an index of 95, where 100 is the U.S. average). For the 12 property management companies on map listings, housing spending per company is in line with the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in. 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 property management companies?

The Farmington metro area has 2.9 property management companies per 10,000 households, 3% below the U.S. rate of 3.0. The index of housing spending per company is 99, where 100 is the U.S. The count on map listings matches the U.S. ratio of property management companies to household spending. There is one business with payroll in the industry for every 4,173 households, against one for every 1,638 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 54 for property management companies (upper middle), #153 of 374 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 property management 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.

How the score works · Top markets for property management companies · 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.