Motor-vehicle parts wholesale in New Mexico 66 establishments · 475 employees · 2024
Firms (NM)
66
Employment
475
Avg Annual Pay
$51,282
State Rank
#41 of 52
How New Mexico compares to national
Metric
New Mexico
National
New Mexico vs. U.S.
Establishments
66
14,899
0.4% of U.S. total
Avg annual pay
$51,282
$75,039
-$23,757 (-31.7%)
Location quotient
0.78
1.00
22% less dense than national
Avg firm size (employees)
7.2
12.1
—
Year-over-year firm growth
+0.0%
—
—
Reading this
An establishment is a single physical location where business is conducted. A firm with multiple locations counts as multiple establishments. "Avg pay" is wages and salaries per employee, including bonuses and tips — for proprietorships, the owner's take is largely outside this number. The location quotient (LQ) of 0.78 means motor-vehicle parts wholesale are 22% under-represented in New Mexico's business mix relative to the U.S. average.
Source. BLS Quarterly Census of Employment and Wages — 2024 annual averages, private-ownership only, NAICS 423120. Establishment counts include any firm with at least one paid employee covered by state unemployment insurance.
SMB Density · firm counts, employment, and wages by industry × state · data from BLS QCEW 2024 annual (private ownership, state-level; mostly 6-digit NAICS, 3 specialty-trade industries at 5-digit aggregation) · data.json