Farmington
NM
Comprehensive business data, market statistics, and demographic insights for Farmington, NM. Census-backed market intelligence updated annually.
Market Signal Report
Curated Intelligence. We analyzed 209 local industries to isolate distinct economic patterns—from rapid acceleration to uncrowded markets.
These are not random picks. We filtered the census database to identify the strongest statistical match for distinct economic strategies.
- > High Momentum (Biz Count Growth)
- > Supply Gaps (Low Competition)
- > Market Anchors (High Volume)
Poured Concrete Foundation and Structure Contractors
While the average sector grew flat, Poured Concrete Foundation and Structure Contractors surged 1.0% from 2018 vs 2023. This is the fastest-moving opportunity in the market.
Residential Property Managers
Growing demand (2018 vs 2023) with surprisingly low competition level. A classic supply-gap opportunity with strong margins.
Crude Petroleum Extraction
Professional industry driven by high-value human capital. High barrier to entry due to specialized workforce requirements.
Support Activities for Oil and Gas Operations
Dominated by a few key players. High consolidation often indicates mature market dynamics.
Limited-Service Restaurants
Zero volatility. Growth matches population exactly. A proven, volume-based sector for long-term consistency.
View All Niches
See full table (209 Rows)
Farmington Market Intelligence
209 Industries Analyzed • 2018 vs 2023 Data
Farmington presents 209 market niches across diverse sectors. Competition is intense with 138 saturated sectors requiring differentiation strategies. Consider: Residential Property Managers, Poured Concrete Foundation and Structure Contractors.
| Niche (NAICS) | Competition | Growth Rate | Businesses | Avg Team | Avg Salary |
|---|---|---|---|---|---|
Limited-Service Restaurants#722513 | 1.45 | +3.8% | 108 | 22.2 | $18.7K |
Support Activities for Oil and Gas Operations#213112 | 34.69 | -18.9% | 73 | 19.7 | $82.1K |
Offices of Physicians (except Mental Health Specialists)#621111 | 1.17 | +3.1% | 67 | 10.0 | $117.4K |
Religious Organizations#813110 | 1.30 | -1.6% | 63 | 8.1 | $21.6K |
Gasoline Stations with Convenience Stores#447110 | 2.35 | +3.6% | 58 | 8.4 | $25.6K |
Full-Service Restaurants#722511 | 0.72 | -7.3% | 51 | 32.9 | $22.3K |
Electrical Contractors and Other Wiring Installation Contractors#238210 | 1.86 | +40.0% | 42 | 7.2 | $70.0K |
General Automotive Repair#811111 | 1.67 | +58.3% | 38 | 3.9 | $46.5K |
Offices of Dentists#621210 | 1.00 | -7.3% | 38 | 9.5 | $43.1K |
Industrial Machinery and Equipment Merchant Wholesalers#423830 | 4.79 | -17.1% | 34 | 6.8 | $74.0K |
Offices of Lawyers#541110 | 0.71 | -17.5% | 33 | 3.2 | $50.7K |
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance#811310 | 5.30 | -18.4% | 31 | 11.0 | $73.9K |
All Other General Merchandise Stores#452319 | 2.50 | +34.8% | 31 | 9.1 | $23.6K |
Insurance Agencies and Brokerages#524210 | 0.83 | -25.0% | 30 | 5.9 | $51.7K |
Offices of Real Estate Agents and Brokers#531210 | 0.59 | +17.4% | 27 | 1.7 | $44.0K |
Plumbing, Heating, and Air-Conditioning Contractors#238220 | 0.83 | 0.0% | 25 | 11.0 | $51.9K |
Specialized Freight (except Used Goods) Trucking, Local#484220 | 3.07 | +50.0% | 24 | 9.0 | $81.0K |
Automotive Parts and Accessories Stores#441310 | 2.39 | -4.0% | 24 | 10.0 | $35.8K |
Hotels (except Casino Hotels) and Motels#721110 | 1.59 | -30.3% | 23 | 13.6 | $20.7K |
Engineering Services#541330 | 1.31 | -8.0% | 23 | 5.4 | $68.4K |
Janitorial Services#561720 | 1.22 | +4.5% | 23 | 9.6 | $23.7K |
Snack and Nonalcoholic Beverage Bars#722515 | 0.97 | +15.0% | 23 | 13.0 | $16.7K |
Commercial Banking#522110 | 1.08 | -4.2% | 23 | 12.1 | $44.2K |
New Single-Family Housing Construction (except For-Sale Builders)#236115 | 1.32 | +16.7% | 21 | 2.5 | $41.8K |
Offices of Physical, Occupational and Speech Therapists, and Audiologists#621340 | 1.46 | +61.5% | 21 | 5.5 | $49.1K |
Understanding Your Data
How to read the numbers and what to do next.
We pull directly from official U.S. Census Bureau records (specifically County Business Patterns & Nonemployer Statistics). We don't use estimates or opinions—we simply clean and organize the government's raw data so you can actually use it.
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Straight from the Source
We pull raw numbers directly from the U.S. Census Bureau. You're looking at the same data used by banks and city planners, simplified for clarity.
Data-First Methodology
We focus exclusively on the numbers. Our rankings are driven by objective metrics like growth and density, ensuring you see the market exactly as the data reports it.
Transparent Logic
No secret formulas. We show you the raw metrics—Growth, Density, and Volume—so you can verify the math yourself.