HomeNew MexicoHidalgo County
Hidalgo County, New Mexico: commercial real estate data.
Hidalgo County, New Mexico has a population of 4,041 across 3,437 square miles, down 5.0 percent since the 2020 census base. County output reached $254.9 m in 2024, 91 establishments operate here, and the SBA record carries 3 7(a) approvals worth $2.2 m.
101 sourced county values · tier FULL · 10 sections
Hidalgo County
How many people live in Hidalgo County
- Population4,041
- Households1,478
- Average household size2.73
- Median household income$48,882
- Median age42.6
- Median gross rent$814 per month
- Median owner-occupied home value$111,000
- Home value to household income2.3 times
- Annual rent as a share of median income20.0 percent
- Adults 25 and over with a bachelor degree or higher18.3 percent
- Adults 25 and over with a graduate degree5.4 percent
- Adults 25 and over2,956
- Population under 18862
- Share under 1821.3 percent
- Population 65 and over943
- Share 65 and over23.3 percent
- Working age population, 18 to 642,236
- Civilian labor force1,712
- Unemployment rate3.5 percent
- Labor force participation, adults 18 and over53.9 percent
- Rank by population among New Mexico counties29th of 33
- Rank by population among US county-equivalents2959th
Hidalgo County is the 29th largest of 33 New Mexico counties by population. A median home costs 2.3 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 23.3 percent against 21.3 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Hidalgo County
Is Hidalgo County growing
- Population change since the 2020 census base-5.05 percent
- Census 2020 base population4,177
- Births, 202433
- Deaths, 202444
- Natural change, 2024-11
- Net domestic migration, 2024-23
- Net international migration, 202422
- Total net migration, 2024-1
- Cumulative net domestic migration, 2021 to 2024-159
- Rank by growth among US county-equivalents2980th
The county has lost 5.05 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Hidalgo County
Where people moving to Hidalgo County come from
- Tax returns filed by households arriving86
- People arriving, from those returns164
- Adjusted gross income arriving$3.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$45,081
- Largest single originHidalgo County Non-migrants (1,377 households)
- Largest single destination (1,377 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Hidalgo County Non-migrants | 1,377 | 2,738 | $61.1 m |
| Other flows - Different State | 45 | 90 | $2.3 m |
| Other flows - West | 45 | 90 | $2.3 m |
| Other flows - Same State | 41 | 74 | $1.6 m |
The largest single source of arrivals is Hidalgo 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.
Hidalgo County
What the Hidalgo County economy runs on
- County GDP, 2024$254.9 m
- County GDP, 2023$268.1 m
- GDP change, 2023 to 2024-4.9 percent
- GDP change over five years19.7 percent
- Rank by GDP among New Mexico counties28th
- Rank by GDP among US county-equivalents2794th
- GDP per resident$63,079
Output grew -4.9 percent in the latest year and 19.7 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.
Hidalgo County
Who employs people in Hidalgo County
- Covered employment, annual average1,295
- Establishments reporting156
- Average annual pay$54,523
- Average weekly wage$1,049
- Sector 44-45, employment246
- Sector 44-45, average annual pay$33,297
- Sector 48-49, employment38
- Sector 48-49, average annual pay$77,123
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 246 | 18 | $33,297 |
| Sector 48-49 | 38 | 6 | $77,123 |
The largest sector is the biggest private employer group at 246 jobs, 19.0 percent of covered employment. Average pay per job exceeds median household income, which usually means single earner households and a wage base that can carry rent.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Hidalgo County
What businesses operate in Hidalgo County
- Establishments, all industries91
- Employment at those establishments734
- Annual payroll$25.1 m
- Establishments per 1,000 residents22.5
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.
Hidalgo County
How much SBA lending happens in Hidalgo County
- 7(a) approvals recorded3
- 7(a) gross approval dollars$2.2 m
- Average 7(a) approval$747,500
- Median 7(a) approval$975,000
- 10th percentile approval$120,000
- 90th percentile approval$1,147,500
- Largest single approval$1,147,500
- Jobs reported supported, 7(a)30
- Jobs per approval10.0
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals3
- Median 7(a) term300 months
- Share of loans on real estate terms, 240 months or longer66.7 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter0
- Franchise loans1
- Franchise share of approvals33.3 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (1)
- Most active lenderWestern Commerce Bank (1)
- 504 approvals recorded2
- 504 gross approval dollars$346,000
- Average 504 approval$173,000
- Median 504 approval$257,000
- Distinct CDCs active2
- 504 jobs per approval4.0
- 504 jobs per million dollars approved23.1
- Most active CDCB:Side Capital (1)
- 7(a) share of SBA approvals60.0 percent
- Combined SBA approval dollars$2.6 m
The average approval of $747,500 sits close to the median of $975,000, so lending here is fairly evenly sized rather than driven by a few large deals. 66.7 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
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.
Hidalgo County
Do SBA loans in Hidalgo County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure3
Too few loans have reached a final outcome to publish a charge off rate. only 0 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hidalgo County
Which parts of Hidalgo County get the lending
- Places in the county with recorded lending2
- LORDSBURG, approvals2
- RODEO, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| LORDSBURG | 2 | $1,267,500 |
| RODEO | 1 | $975,000 |
LORDSBURG accounts for 2 approvals against 1 in RODEO. 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.
Hidalgo County
How big is Hidalgo County
- Land area3,437 sq mi
- Rank by land area among New Mexico counties19th of 33
- Width, east to west49.4 mi
- Height, north to south99.8 mi
- Geographies sharing a boundary2
- Residents per square mile of land1
- Establishments per square mile0.03
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.
- The Building Permits Survey does not carry a 2024 record for this county.
- 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 Hidalgo 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 Hidalgo County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population4,041
- Households1,478
- Average household size2.73
- Median household income$48,882
- Median age42.6
Common questions
Hidalgo County questions, answered from the record.
How many people live in Hidalgo County, New Mexico?
4,041, in 1,478 households, ranking 29th of 33 New Mexico counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Hidalgo County growing?
The population has fallen 5.05 percent since the 2020 census base. In 2024 there were 33 births against 44 deaths, with net migration of -1. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Hidalgo County?
$48,882. The median owner-occupied home is valued at $111,000, which is 2.3 times income, and median gross rent is $814 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Hidalgo County?
91 establishments, employing 734 people with an annual payroll of $25.1 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Hidalgo County?
Average annual pay is $54,523, or $1,049 a week, across 1,295 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Hidalgo County?
3 7(a) approvals totalling $2.2 m since FY2020, across 3 lenders, with a median approval of $975,000, plus 2 504 approvals worth $346,000. These are approvals recorded in the release, not loans disbursed.
What is the radon zone for Hidalgo 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 Hidalgo County come from?
The largest single origin is Hidalgo County Non-migrants, with 1,377 households. Arriving households report an average income of $45,081 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 Hidalgo 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 Hidalgo 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.