Groundwork

Real estate · Small-town market · New Mexico

Real estate businesses in the Gallup, NM area

Competitor counts, household spending and official business counts for real estate businesses in the Gallup, NM area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 70 out of 100: Upper middle

Ranked #47 of 536 scored small-town markets
#2 of 13 scored small-town markets based in New Mexico

Listings
15
1 chain location (7%)
Official establishments
12
Businesses with payroll, 2023
Household spending a year
$313.1M
On rent and homeowner costs · $14,661 a household
Housing spending per listing (U.S. = 100)
482
4.8 times the U.S.
Listings per 10k households
7.0
82% below the U.S.
Population, 2025
68,119
−6.1% since 2020

See the real estate businesses around any address in the Gallup area

The site report maps the real estate businesses 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 Gallup 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

The Gallup area scores 70 (upper middle) on the Groundwork market score for real estate businesses, ranking #47 of 536 scored small-town markets and #2 of 13 scored small-town markets based in New Mexico. That puts it in the top 10% of small-town markets for real estate businesses.

Map listings as of September 2026 show 15 real estate businesses in the Gallup area. One of them (7%) is a chain location, against 6% across the U.S. That comes to 7.0 for every 10,000 households, 82% below the U.S. rate of 38.5.

Households in the Gallup area spend about $313.1M a year on rent and homeowner costs, or $14,661 per household, 12% below the U.S. average. Housing spending per office is 4.8 times the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in.

Official counts show 12 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in the Gallup area in 2023. That is one for every 1,779 households, against one for every 414 across the U.S. Population estimates show the Gallup area declined 6.1% from 2020 to 2025, against +3.1% for the U.S.

How the Gallup 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.

Real estate in Gallup, NM area compared with New Mexico and the U.S.
MeasureGallup areaNew MexicoU.S.
Listings per 10k households7.030.538.5
Housing spending per listing (U.S. = 100)482126100
Households per official establishment1,779562414
Official establishment growth, 2019–2023n/a+15.1%+15.8%
Population growth, 2020–2025−6.1%+0.3%+3.1%
Spending per household on rent and homeowner costs$14,661$16,591$16,661
Median household income$47,668$64,059$80,734
Groundwork market score7058

Official counts and lending

Businesses

Official establishments, 2019 to 2023
12
Employees, 2023
56
Annual payroll, 2023
$2M
One-person businesses, 2023
38Businesses with no payroll
Map listings, September 2026
151 chain location
Listings at the U.S. rate for this spending
72The 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 real estate agents, property managers, mortgage lenders and inspectors in the Gallup 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 Gallup area

Population, 2025 estimate
68,119−6.1% since 2020
Households
21,353
Median age
35.0
Homes lived in by their owners
70%
Vehicles per household
1.8
Land area
5,451 sq. mi.
People per square mile
13
Median household income
$47,668+40.9% vs. 2015–2019, before inflation
Average household income
$62,961
Median home value
$78,700
Jobs located here
19,649
Daytime population
70,240Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Gallup area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

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

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Real estate across New Mexico

Every New Mexico market ranked →

The highest-scoring small-town markets in New Mexico for real estate businesses, numbered among those based in New Mexico, with the Gallup area marked.

Top small-town markets in New Mexico

Small-town markets in New Mexico ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Española, NM76106.4575−1.0%#22 of 536
2Gallup, NM70157.0482−6.1%#47 of 536
3Carlsbad-Artesia, NM674820.3199+0.3%#65 of 536
4Las Vegas, NM651510.8317−3.2%#83 of 536
5Deming, NM651213.0246−0.2%#86 of 536
6Hobbs, NM625823.5166+0.2%#117 of 536
7Roswell, NM603816.0220−2.7%#127 of 536
8Alamogordo, NM595522.5162+3.7%#147 of 536
9Los Alamos, NM553340.01330.0%#200 of 536
10Silver City, NM443329.2118−3.4%#338 of 536

Other business types in the Gallup area

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

Questions

How many real estate businesses are in the Gallup, NM area?

There are 15 real estate businesses on map listings in the Gallup area as of September 2026. One of them (7%) is a chain location. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 12 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023. Another 38 one-person businesses have no payroll, by official counts.

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

About $313.1M a year, or $14,661 per household. That is 12% below the U.S. average (an index of 88, where 100 is the U.S. average). For the 15 real estate businesses on map listings, housing spending per office is 4.8 times the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in. It is estimated from the incomes of the 21,353 households in the Gallup area and national spending patterns by income.

How does the Gallup, NM area compare with the U.S. for real estate businesses?

The Gallup area has 7.0 real estate businesses per 10,000 households, 82% below the U.S. rate of 38.5. The index of housing spending per office is 482, where 100 is the U.S. At the national ratio of real estate businesses to household spending, the Gallup area would have about 72, against 15 on map listings. There is one business with payroll in the industry for every 1,779 households, against one for every 414 across the U.S.

How fast is the Gallup, NM area growing?

Population estimates put the Gallup area at 68,119 people in 2025, down 6.1% since 2020, against +3.1% for the U.S. It has 21,353 households. The median household income in the Gallup area is $47,668 a year, 41% below the U.S. median of $80,734. That rose 40.9% from the 2015–2019 survey, 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. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. 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 Gallup area scores 70 for real estate businesses (upper middle), #47 of 536 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Gallup area. It maps the real estate businesses 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 real estate businesses · All 56 business types in the Gallup area

Screening a site or an acquisition in the Gallup 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 Gallup 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.