HomeNew MexicoMcKinley County
McKinley County, New Mexico: commercial real estate data.
McKinley County, New Mexico has a population of 70,431 across 5,450 square miles, down 5.4 percent since the 2020 census base. County output reached $2.89 bn in 2024, 940 establishments operate here, and the SBA record carries 27 7(a) approvals worth $25.2 m.
118 sourced county values · tier FULL · 11 sections
McKinley County
How many people live in McKinley County
- Population70,431
- Households21,353
- Average household size3.30
- Median household income$47,668
- Median age34.6
- Median gross rent$859 per month
- Median owner-occupied home value$78,700
- Home value to household income1.7 times
- Annual rent as a share of median income21.6 percent
- Adults 25 and over with a bachelor degree or higher13.3 percent
- Adults 25 and over with a graduate degree5.3 percent
- Adults 25 and over45,002
- Population under 1819,076
- Share under 1827.1 percent
- Population 65 and over9,712
- Share 65 and over13.8 percent
- Working age population, 18 to 6441,643
- Civilian labor force25,975
- Unemployment rate9.0 percent
- Labor force participation, adults 18 and over50.6 percent
- Rank by population among New Mexico counties8th of 33
- Rank by population among US county-equivalents785th
McKinley County is the 8th largest of 33 New Mexico counties by population. A median home costs 1.7 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 27.1 percent against 13.8 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
McKinley County
Is McKinley County growing
- Population change since the 2020 census base-5.42 percent
- Census 2020 base population72,897
- Births, 2024764
- Deaths, 2024840
- Natural change, 2024-76
- Net domestic migration, 2024-219
- Net international migration, 2024162
- Total net migration, 2024-57
- Cumulative net domestic migration, 2021 to 2024-3,393
- Rank by growth among US county-equivalents3009th
The county has lost 5.42 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
McKinley County
Where people moving to McKinley County come from
- Tax returns filed by households arriving988
- People arriving, from those returns1,853
- Adjusted gross income arriving$39.1 m
- Net adjusted gross income movement$0
- Average income of an arriving household$39,591
- Largest single originMcKinley County Non-migrants (23,526 households)
- Largest single destination (23,526 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| McKinley County Non-migrants | 23,526 | 49,332 | $1.02 bn |
| Other flows - Different State | 321 | 623 | $17.1 m |
| Bernalillo County | 216 | 344 | $5.9 m |
| Other flows - West | 171 | 333 | $8.8 m |
| Apache County | 160 | 344 | $5.4 m |
| Other flows - South | 102 | 193 | $5.7 m |
| Maricopa County | 77 | 143 | $2.5 m |
| Other flows - Same State | 54 | 90 | $2.5 m |
The largest single source of arrivals is McKinley 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.
McKinley County
What the McKinley County economy runs on
- County GDP, 2024$2.89 bn
- County GDP, 2023$2.93 bn
- GDP change, 2023 to 2024-1.2 percent
- GDP change over five years13.8 percent
- Rank by GDP among New Mexico counties11th
- Rank by GDP among US county-equivalents1005th
- GDP per resident$41,083
Output grew -1.2 percent in the latest year and 13.8 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.
McKinley County
Who employs people in McKinley County
- Covered employment, annual average19,500
- Establishments reporting1,225
- Average annual pay$47,226
- Average weekly wage$908
- Sector 62, employment3,272
- Sector 62, average annual pay$35,899
- Sector 44-45, employment3,222
- Sector 44-45, average annual pay$31,861
- Sector 72, employment2,543
- Sector 72, average annual pay$22,444
- Sector 23, employment592
- Sector 23, average annual pay$50,615
- Sector 81, employment463
- Sector 42, employment428
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 3,272 | 270 | $35,899 |
| Sector 44-45 | 3,222 | 195 | $31,861 |
| Sector 72 | 2,543 | 130 | $22,444 |
| Sector 23 | 592 | 72 | $50,615 |
| Sector 81 | 463 | 76 | $35,750 |
| Sector 42 | 428 | 36 | $42,567 |
| Sector 31-33 | 376 | 27 | $58,451 |
| Sector 56 | 326 | 53 | $45,723 |
The largest sector is the biggest private employer group at 3,272 jobs, 16.8 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.
McKinley County
What businesses operate in McKinley County
- Establishments, all industries940
- Employment at those establishments15,236
- Annual payroll$615.4 m
- Establishments per 1,000 residents13.3
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.
McKinley County
What is being built in McKinley County
- Housing units authorised by permit, 20248
- Declared construction value permitted$1.4 m
- Single family units authorised8
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$175,292
- Units authorised per 1,000 households0.4
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
McKinley County
How much SBA lending happens in McKinley County
- 7(a) approvals recorded27
- 7(a) gross approval dollars$25.2 m
- Average 7(a) approval$934,374
- Median 7(a) approval$200,000
- 10th percentile approval$20,000
- 90th percentile approval$4,138,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)440
- Jobs per approval16.3
- Distinct 7(a) lenders active18
- Distinct industries receiving approvals17
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer29.6 percent
- Loans on real estate terms8
- Loans on working capital terms, 120 months or shorter18
- Franchise loans3
- Franchise share of approvals11.1 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (5)
- Most active lenderZions Bank, A Division of (3)
- 504 approvals recorded5
- 504 gross approval dollars$6.3 m
- Average 504 approval$1,254,000
- Median 504 approval$1,263,000
- Distinct CDCs active2
- 504 jobs per approval11.6
- 504 jobs per million dollars approved9.3
- Most active CDCEnchantment Land Certified Development Company (4)
- 7(a) share of SBA approvals84.4 percent
- Combined SBA approval dollars$31.5 m
The average approval of $934,374 sits well above the median of $200,000, 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 29.6 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.
McKinley County
Do SBA loans in McKinley County get paid back
- Loans with a final outcome recorded3
- Paid in full3
- Charged off0
- Status: Exempt from disclosure19
- Status: Cancelled4
- Status: Paid in full3
- Status: Committed, not yet disbursed1
Too few loans have reached a final outcome to publish a charge off rate. only 3 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.
McKinley County
Which parts of McKinley County get the lending
- Places in the county with recorded lending3
- GALLUP, approvals24
- TSE BONITO, approvals2
- Church Rock, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| GALLUP | 24 | $19,895,100 |
| TSE BONITO | 2 | $333,000 |
| Church Rock | 1 | $5,000,000 |
GALLUP accounts for 24 approvals against 2 in TSE BONITO. 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.
McKinley County
How big is McKinley County
- Land area5,450 sq mi
- Rank by land area among New Mexico counties7th of 33
- Width, east to west98 mi
- Height, north to south72 mi
- Geographies sharing a boundary3
- Residents per square mile of land13
- Establishments per square mile0.17
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 McKinley 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 McKinley County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population70,431
- Households21,353
- Average household size3.30
- Median household income$47,668
- Median age34.6
Common questions
McKinley County questions, answered from the record.
How many people live in McKinley County, New Mexico?
70,431, in 21,353 households, ranking 8th of 33 New Mexico counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is McKinley County growing?
The population has fallen 5.42 percent since the 2020 census base. In 2024 there were 764 births against 840 deaths, with net migration of -57. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in McKinley County?
$47,668. The median owner-occupied home is valued at $78,700, which is 1.7 times income, and median gross rent is $859 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in McKinley County?
940 establishments, employing 15,236 people with an annual payroll of $615.4 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 McKinley County?
Average annual pay is $47,226, or $908 a week, across 19,500 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in McKinley County?
27 7(a) approvals totalling $25.2 m since FY2020, across 18 lenders, with a median approval of $200,000, plus 5 504 approvals worth $6.3 m. These are approvals recorded in the release, not loans disbursed.
What is being built in McKinley County?
8 housing units were authorised by permit in 2024, with a declared construction value of $1.4 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for McKinley 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 McKinley County come from?
The largest single origin is McKinley County Non-migrants, with 23,526 households. Arriving households report an average income of $39,591 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 McKinley 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 McKinley 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.