HomeNew MexicoEddy County
Eddy County, New Mexico: commercial real estate data.
Eddy County, New Mexico has a population of 61,105 across 4,176 square miles, down 1.4 percent since the 2020 census base. County output reached $11.32 bn in 2024, 1,551 establishments operate here, and the SBA record carries 109 7(a) approvals worth $53.8 m.
119 sourced county values · tier FULL · 11 sections
Eddy County
How many people live in Eddy County
- Population61,105
- Households23,620
- Average household size2.59
- Median household income$78,426
- Median age36.2
- Median gross rent$1,245 per month
- Median owner-occupied home value$212,600
- Home value to household income2.7 times
- Annual rent as a share of median income19.0 percent
- Adults 25 and over with a bachelor degree or higher19.3 percent
- Adults 25 and over with a graduate degree7.8 percent
- Adults 25 and over39,901
- Population under 1815,759
- Share under 1825.8 percent
- Population 65 and over9,034
- Share 65 and over14.8 percent
- Working age population, 18 to 6436,312
- Civilian labor force29,197
- Unemployment rate5.5 percent
- Labor force participation, adults 18 and over64.4 percent
- Rank by population among New Mexico counties11th of 33
- Rank by population among US county-equivalents883rd
Eddy County is the 11th largest of 33 New Mexico counties by population. A median home costs 2.7 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 25.8 percent against 14.8 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Eddy County
Is Eddy County growing
- Population change since the 2020 census base-1.42 percent
- Census 2020 base population62,320
- Births, 2024731
- Deaths, 2024621
- Natural change, 2024110
- Net domestic migration, 2024338
- Net international migration, 2024334
- Total net migration, 2024672
- Cumulative net domestic migration, 2021 to 2024-1,845
- Rank by growth among US county-equivalents2335th
The county has lost 1.42 percent of its population since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Eddy County
Where people moving to Eddy County come from
- Tax returns filed by households arriving1,256
- People arriving, from those returns2,486
- Adjusted gross income arriving$95.1 m
- Net adjusted gross income movement$0
- Average income of an arriving household$75,688
- Largest single originEddy County Non-migrants (19,328 households)
- Largest single destination (19,328 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Eddy County Non-migrants | 19,328 | 41,646 | $1.68 bn |
| Other flows - Different State | 703 | 1,452 | $52.4 m |
| Other flows - South | 382 | 777 | $31.2 m |
| Other flows - West | 219 | 459 | $13.5 m |
| Chaves County | 107 | 209 | $5.3 m |
| Other flows - Same State | 99 | 168 | $4.8 m |
| Other flows - Midwest | 77 | 163 | $5.3 m |
| Do�a Ana County | 71 | 119 | $4.0 m |
The largest single source of arrivals is Eddy County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Eddy County
What the Eddy County economy runs on
- County GDP, 2024$11.32 bn
- County GDP, 2023$10.40 bn
- GDP change, 2023 to 20248.9 percent
- GDP change over five years90.8 percent
- Rank by GDP among New Mexico counties3rd
- Rank by GDP among US county-equivalents400th
- GDP per resident$185,239
Output grew 8.9 percent in the latest year and 90.8 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Eddy County
Who employs people in Eddy County
- Covered employment, annual average32,197
- Establishments reporting1,976
- Average annual pay$76,419
- Average weekly wage$1,470
- Sector 21, employment6,741
- Sector 21, average annual pay$109,698
- Sector 44-45, employment3,478
- Sector 44-45, average annual pay$38,820
- Sector 23, employment3,402
- Sector 23, average annual pay$82,166
- Sector 62, employment2,767
- Sector 62, average annual pay$52,169
- Sector 72, employment2,453
- Sector 56, employment1,704
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 21 | 6,741 | 288 | $109,698 |
| Sector 44-45 | 3,478 | 188 | $38,820 |
| Sector 23 | 3,402 | 189 | $82,166 |
| Sector 62 | 2,767 | 149 | $52,169 |
| Sector 72 | 2,453 | 158 | $28,476 |
| Sector 56 | 1,704 | 87 | $100,612 |
| Sector 48-49 | 1,413 | 96 | $79,839 |
| Sector 31-33 | 1,194 | 41 | $105,839 |
The largest sector is the biggest private employer group at 6,741 jobs, 20.9 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Eddy County
What businesses operate in Eddy County
- Establishments, all industries1,551
- Employment at those establishments24,234
- Annual payroll$1.74 bn
- Establishments per 1,000 residents25.4
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Eddy County
What is being built in Eddy County
- Housing units authorised by permit, 2024156
- Declared construction value permitted$58.2 m
- Single family units authorised156
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$373,323
- Units authorised per 1,000 households6.6
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Eddy County
How much SBA lending happens in Eddy County
- 7(a) approvals recorded109
- 7(a) gross approval dollars$53.8 m
- Average 7(a) approval$493,883
- Median 7(a) approval$279,000
- 10th percentile approval$42,000
- 90th percentile approval$1,411,000
- Largest single approval$3,515,000
- Jobs reported supported, 7(a)2,059
- Jobs per approval18.9
- Distinct 7(a) lenders active19
- Distinct industries receiving approvals50
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer22.0 percent
- Loans on real estate terms24
- Loans on working capital terms, 120 months or shorter74
- Franchise loans9
- Franchise share of approvals8.3 percent
- Leading industry by approval countSupport Activities for Oil and Gas Operations (21)
- Most active lenderWestern Commerce Bank (71)
- 504 approvals recorded6
- 504 gross approval dollars$3.1 m
- Average 504 approval$513,167
- Median 504 approval$605,000
- Distinct CDCs active3
- 504 jobs per approval7.8
- 504 jobs per million dollars approved15.3
- Most active CDCEnchantment Land Certified Development Company (4)
- 7(a) share of SBA approvals94.8 percent
- Combined SBA approval dollars$56.9 m
The average approval of $493,883 sits well above the median of $279,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 22.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Eddy County
Do SBA loans in Eddy County get paid back
- Loans with a final outcome recorded22
- Paid in full22
- Charged off0
- Charge off rate on resolved loans0.0 percent
- Status: Paid in full22
- Status: Exempt from disclosure77
- Status: Cancelled10
Of the 22 loans that have reached a final outcome, 0.0 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Eddy County
Which parts of Eddy County get the lending
- Places in the county with recorded lending4
- Carlsbad, approvals84
- Artesia, approvals23
- Loving, approvals1
- Carslsbad, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Carlsbad | 84 | $42,443,700 |
| Artesia | 23 | $10,064,500 |
| Loving | 1 | $975,000 |
| Carslsbad | 1 | $350,000 |
Carlsbad accounts for 84 approvals against 23 in Artesia. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Eddy County
How big is Eddy County
- Land area4,176 sq mi
- Rank by land area among New Mexico counties13th of 33
- Width, east to west66 mi
- Height, north to south66.7 mi
- Geographies sharing a boundary3
- Residents per square mile of land15
- Establishments per square mile0.37
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Eddy County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Eddy County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population61,105
- Households23,620
- Average household size2.59
- Median household income$78,426
- Median age36.2
Common questions
Eddy County questions, answered from the record.
How many people live in Eddy County, New Mexico?
61,105, in 23,620 households, ranking 11th of 33 New Mexico counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Eddy County growing?
The population has fallen 1.42 percent since the 2020 census base. In 2024 there were 731 births against 621 deaths, with net migration of 672. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Eddy County?
$78,426. The median owner-occupied home is valued at $212,600, which is 2.7 times income, and median gross rent is $1,245 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Eddy County?
1,551 establishments, employing 24,234 people with an annual payroll of $1.74 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Eddy County?
Average annual pay is $76,419, or $1,470 a week, across 32,197 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Eddy County?
109 7(a) approvals totalling $53.8 m since FY2020, across 19 lenders, with a median approval of $279,000, plus 6 504 approvals worth $3.1 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Eddy County get paid back?
Of the 22 loans that have reached a final outcome, 22 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Eddy County?
156 housing units were authorised by permit in 2024, with a declared construction value of $58.2 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Eddy County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Eddy County come from?
The largest single origin is Eddy County Non-migrants, with 19,328 households. Arriving households report an average income of $75,688 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Eddy County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Eddy County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.