HomeNew MexicoQuay County
Quay County, New Mexico: commercial real estate data.
Quay County, New Mexico has a population of 8,564 across 2,874 square miles, down 3.9 percent since the 2020 census base. County output reached $353.6 m in 2024, 214 establishments operate here, and the SBA record carries 1 7(a) approvals worth $3.8 m.
104 sourced county values · tier FULL · 9 sections
Quay County
How many people live in Quay County
- Population8,564
- Households4,389
- Average household size1.95
- Median household income$41,946
- Median age48.9
- Median gross rent$712 per month
- Median owner-occupied home value$87,200
- Home value to household income2.1 times
- Annual rent as a share of median income20.4 percent
- Adults 25 and over with a bachelor degree or higher19.6 percent
- Adults 25 and over with a graduate degree8.8 percent
- Adults 25 and over6,274
- Population under 181,681
- Share under 1819.6 percent
- Population 65 and over2,260
- Share 65 and over26.4 percent
- Working age population, 18 to 644,623
- Civilian labor force3,892
- Unemployment rate7.4 percent
- Labor force participation, adults 18 and over56.5 percent
- Rank by population among New Mexico counties26th of 33
- Rank by population among US county-equivalents2605th
Quay County is the 26th largest of 33 New Mexico counties by population. A median home costs 2.1 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 26.4 percent against 19.6 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.
Quay County
Is Quay County growing
- Population change since the 2020 census base-3.86 percent
- Census 2020 base population8,740
- Births, 202464
- Deaths, 2024142
- Natural change, 2024-78
- Net domestic migration, 2024-72
- Net international migration, 2024-1
- Total net migration, 2024-73
- Cumulative net domestic migration, 2021 to 202430
- Rank by growth among US county-equivalents2884th
The county has lost 3.86 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Quay County
Where people moving to Quay County come from
- Tax returns filed by households arriving225
- People arriving, from those returns434
- Adjusted gross income arriving$11.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$52,000
- Largest single originQuay County Non-migrants (2,848 households)
- Largest single destination (2,848 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Quay County Non-migrants | 2,848 | 5,640 | $125.2 m |
| Other flows - Different State | 150 | 284 | $7.5 m |
| Other flows - South | 77 | 148 | $2.8 m |
| Other flows - Same State | 53 | 97 | $3.3 m |
| Other flows - West | 53 | 95 | $3.8 m |
| Bernalillo County | 22 | 53 | $951,000 |
| Other flows - Midwest | 20 | 41 | $855,000 |
The largest single source of arrivals is Quay 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.
Quay County
What the Quay County economy runs on
- County GDP, 2024$353.6 m
- County GDP, 2023$389.9 m
- GDP change, 2023 to 2024-9.3 percent
- GDP change over five years14.3 percent
- Rank by GDP among New Mexico counties26th
- Rank by GDP among US county-equivalents2619th
- GDP per resident$41,292
Output grew -9.3 percent in the latest year and 14.3 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.
Quay County
Who employs people in Quay County
- Covered employment, annual average2,508
- Establishments reporting330
- Average annual pay$43,268
- Average weekly wage$832
- Sector 44-45, employment444
- Sector 44-45, average annual pay$27,949
- Sector 72, employment429
- Sector 72, average annual pay$20,486
- Sector 62, employment356
- Sector 62, average annual pay$60,376
- Sector 23, employment102
- Sector 23, average annual pay$45,384
- Sector 22, employment79
- Sector 52, employment68
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 444 | 35 | $27,949 |
| Sector 72 | 429 | 37 | $20,486 |
| Sector 62 | 356 | 49 | $60,376 |
| Sector 23 | 102 | 17 | $45,384 |
| Sector 22 | 79 | 10 | $86,144 |
| Sector 52 | 68 | 15 | $60,568 |
| Sector 81 | 62 | 19 | $37,323 |
| Sector 48-49 | 58 | 11 | $40,003 |
The largest sector is the biggest private employer group at 444 jobs, 17.7 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.
Quay County
What businesses operate in Quay County
- Establishments, all industries214
- Employment at those establishments1,779
- Annual payroll$59.2 m
- Establishments per 1,000 residents25.0
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.
Quay County
How much SBA lending happens in Quay County
- 7(a) approvals recorded1
- 7(a) gross approval dollars$3.8 m
- Average 7(a) approval$3,770,000
- Median 7(a) approval$3,770,000
- 10th percentile approval$3,770,000
- 90th percentile approval$3,770,000
- Largest single approval$3,770,000
- Jobs reported supported, 7(a)18
- Jobs per approval18.0
- Distinct 7(a) lenders active1
- Distinct industries receiving approvals1
- Median 7(a) term300 months
- Share of loans on real estate terms, 240 months or longer100.0 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter0
- Franchise loans1
- Franchise share of approvals100.0 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (1)
- Most active lenderUS Metro Bank (1)
- 504 approvals recorded1
- 504 gross approval dollars$4.3 m
- Average 504 approval$4,336,000
- Median 504 approval$4,336,000
- Distinct CDCs active1
- 504 jobs per approval2.0
- 504 jobs per million dollars approved0.5
- Most active CDCB:Side Capital (1)
- 7(a) share of SBA approvals50.0 percent
- Combined SBA approval dollars$8.1 m
The average approval of $3,770,000 sits close to the median of $3,770,000, so lending here is fairly evenly sized rather than driven by a few large deals. 100.0 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.
Quay County
Do SBA loans in Quay County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Committed, not yet disbursed1
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.
Quay County
How big is Quay County
- Land area2,874 sq mi
- Rank by land area among New Mexico counties23rd of 33
- Width, east to west61.6 mi
- Height, north to south78.4 mi
- Geographies sharing a boundary7
- Residents per square mile of land3
- Establishments per square mile0.07
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 Quay 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 Quay County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population8,564
- Households4,389
- Average household size1.95
- Median household income$41,946
- Median age48.9
Common questions
Quay County questions, answered from the record.
How many people live in Quay County, New Mexico?
8,564, in 4,389 households, ranking 26th of 33 New Mexico counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Quay County growing?
The population has fallen 3.86 percent since the 2020 census base. In 2024 there were 64 births against 142 deaths, with net migration of -73. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Quay County?
$41,946. The median owner-occupied home is valued at $87,200, which is 2.1 times income, and median gross rent is $712 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Quay County?
214 establishments, employing 1,779 people with an annual payroll of $59.2 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 Quay County?
Average annual pay is $43,268, or $832 a week, across 2,508 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Quay County?
1 7(a) approvals totalling $3.8 m since FY2020, across 1 lenders, with a median approval of $3,770,000, plus 1 504 approvals worth $4.3 m. These are approvals recorded in the release, not loans disbursed.
What is the radon zone for Quay 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 Quay County come from?
The largest single origin is Quay County Non-migrants, with 2,848 households. Arriving households report an average income of $52,000 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 Quay 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 Quay 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.