Other accounting services in New Mexico 452 establishments · 1,197 employees · 2024

Firms (NM)

452

Employment

1,197

Avg Annual Pay

$50,511

State Rank

#42 of 52

How New Mexico compares to national

Metric	New Mexico	National	New Mexico vs. U.S.
Establishments	452	71,917	0.6% of U.S. total
Avg annual pay	$50,511	$78,685	-$28,174 (-35.8%)
Location quotient	1.11	1.00	11% denser than national
Avg firm size (employees)	2.6	4.0	—
Year-over-year firm growth	+6.9%	—	—

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 1.11 means other accounting services are 11% over-represented in New Mexico's business mix relative to the U.S. average.

Top 10 states for other accounting services

Rank	State	Firms	Avg Pay
1	California	6,975	$80,677
2	Florida	6,926	$71,074
3	Texas	6,586	$80,585
4	New York	3,769	$86,950
5	Georgia	2,524	$80,774
6	Colorado	2,220	$80,500
7	Illinois	2,191	$76,719
8	North Carolina	2,142	$72,092
9	Washington	2,060	$88,298
10	Arizona	1,958	$74,029

Source. BLS Quarterly Census of Employment and Wages — 2024 annual averages, private-ownership only, NAICS 541219. 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