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NEW YORK DAWN™ > Blog > Real Estate > 10 Main New Mexico Industries to Think about if You’re Working in or Shifting to the State
10 Main New Mexico Industries to Think about if You’re Working in or Shifting to the State
Real Estate

10 Main New Mexico Industries to Think about if You’re Working in or Shifting to the State

Last updated: December 5, 2024 9:10 pm
Editorial Board Published December 5, 2024
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New Mexico, often known as the Land of Enchantment, gives a novel mix of alternative and life-style for these contemplating transferring to the state. Main industries in New Mexico play a significant function in driving the economic system and attracting new residents. Whether or not you’re shopping houses on the market in Albuquerque or residences in Santa Fe, the state gives choices for all sorts of dwelling seekers. With thriving industries and beautiful pure landscapes, New Mexico has lots to supply. Discover the industries shaping New Mexico’s economic system and why transferring right here may very well be your subsequent journey.

New Mexico at a look: House costs, revenue, and employment

High employers in New Mexico

State of New Mexico: 31,100 workers
Honeywell Worldwide: 15,100 workers
Walmart: 14,600 workers
College of New Mexico: 11,900 workers
Presbyterian Healthcare Companies: 11,600 workers

10 main industries in New Mexico
1. Oil and gasoline

Main Employers: Chevron, ConocoPhillips, XTO Power (all primarily based out of state with areas in New Mexico)

New Mexico is likely one of the nation’s leaders in oil and gasoline manufacturing, so it ought to come as no shock that trade performs a crucial function within the state’s economic system, contributing vital income and job alternatives. Positions embody petroleum engineers, tools operators, and geologists. With strong exercise within the Permian Basin, this sector is good for expert employees. The state’s vitality focus ensures stability for homebuyers contemplating relocation. Dwelling close to useful resource hubs gives comfort and entry to robust native job markets.

Interested by transferring to New Mexico for a job on this trade? Think about houses on the market in Roswell or Carlsbad.

2. Tourism and hospitality

Main Employers: Heritage Lodges and Resorts (Albuquerque), Ski Santa Fe (Santa Fe), Meow Wolf (Santa Fe)

Tourism and hospitality thrive on account of New Mexico’s wealthy cultural and pure points of interest. Jobs vary from lodge administration to tour guiding and occasion planning. Cities like Santa Fe and Taos entice guests in search of artwork, historical past, and out of doors recreation. This trade appeals to those that love working in dynamic environments. Shifting to New Mexico gives entry to a way of life centered round tradition and exploration.

Interested by transferring to New Mexico for a job on this trade? Think about houses on the market in Albuquerque or Santa Fe.

film and television is a major new mexico industry

3. Movie and tv manufacturing

Main Employers: Netflix Studios (Albuquerque), NBCUniversal Studios (location in Albuquerque), IATSE Native 480 (Santa Fe)

The movie trade in New Mexico is increasing, with main studios investing closely in Albuquerque. Roles embody manufacturing assistants, digital camera operators, and set designers. With its beautiful landscapes and supportive tax incentives, the state is a major filming location. Professionals within the leisure trade discover ample alternatives right here. Relocating gives an opportunity to dwell in a state with a rising inventive economic system.

Interested by transferring to New Mexico for a job on this trade? Think about houses on the market in Santa Fe or Albuquerque.

4. Know-how and innovation

Main Employers: Sandia Nationwide Laboratories (Albuquerque), Los Alamos Nationwide Laboratory (Los Alamos), Intel Company (location in Rio Rancho)

New Mexico’s know-how sector leads in analysis and improvement, with prime employers driving innovation. Jobs embody software program engineering, knowledge evaluation, and analysis scientists. These positions attraction to these with technical experience in search of difficult careers. The state’s labs and tech companies entice professionals nationwide.New Mexico has loads of alternatives to contribute to cutting-edge technological developments.

Interested by transferring to New Mexico for a job on this trade? Think about houses on the market in Los Alamos or Rio Rancho.

5. Renewable vitality

Main Employers: Sample Power (areas in New Mexico), Avangrid Renewables (areas in New Mexico), Array Applied sciences (Albuquerque)

Renewable vitality, together with photo voltaic and wind energy, is a rising trade within the state, with extra photo voltaic and wind energy potential than virtually each different state. Jobs contain photo voltaic panel set up, wind turbine upkeep, and vitality consulting. New Mexico is good for renewable initiatives on account of its huge open areas and sunny local weather. Employees on this subject take pleasure in contributing to a sustainable future. 

Interested by transferring to New Mexico for a job on this trade? Think about houses on the market in Albuquerque or Santa Fe.

6. Healthcare and social help

Main Employers: Presbyterian Healthcare Companies (Albuquerque), Lovelace Well being System (Albuquerque), Christus St. Vincent (Santa Fe)

The healthcare trade in New Mexico gives important providers and employs 1000’s. Positions embody nurses, physicians, and administrative employees. Rural and concrete areas alike want certified healthcare professionals. Homebuyers profit from entry to respected well being methods all through the state.

Interested by transferring to New Mexico for a job on this trade? Think about houses on the market in Santa Fe or Albuquerque.

7. Schooling and analysis

Main Employers: College of New Mexico (Albuquerque), New Mexico State College (Las Cruces), Santa Fe Neighborhood School (Santa Fe)

Schooling is a pillar of the New Mexico economic system, providing numerous profession choices. Alternatives embody educating, administrative roles, and analysis positions. The state’s increased schooling establishments are hubs for innovation and workforce improvement. Homebuyers and renters transferring to the state worth its academic sources. Dwelling close to universities additionally gives cultural and leisure alternatives.

Interested by transferring to New Mexico for a job on this trade? Think about houses on the market in Santa Fe or Las Cruces.

agriculture and farming is a major new mexico industry

8. Agriculture and meals manufacturing

Main Employers: Dairy Farmers of America (areas in New Mexico), Leprino Meals (location in Roswell), Bueno Meals (Albuquerque)

With over $3.7 billion in manufacturing in 2022, agriculture contributes to New Mexico’s economic system with dairy, chile, and pecan manufacturing. Roles embody farming, meals processing, and agricultural administration. This trade helps rural communities whereas connecting residents to native meals traditions. Patrons and renters recognize the state’s emphasis on sustainability and farming. Shifting right here gives entry to recent produce and distinctive culinary tradition.

Interested by transferring to New Mexico for a job on this trade? Think about houses on the market in Roswell or Albuquerque.

9. Aerospace and protection

Main Employers: Boeing, Raytheon, Virgin Galactic (all primarily based out of state with areas in New Mexico)

Aerospace and protection are rising industries, providing roles in engineering, manufacturing, and testing. Corporations on this sector are drawn to the state’s expert workforce and check ranges. Shifting to New Mexico appeals to these focused on aviation and house exploration. Residents additionally profit from the tutorial applications supporting these careers. Dwelling close to these firms gives distinctive profession alternatives and experiences.

Interested by transferring to New Mexico for a job on this trade? Think about houses on the market in Santa Fe or Albuquerque.

10. Retail and e-commerce

Main Employers: Walmart, Albertsons, Amazon Success Heart (all primarily based out of state with areas in New Mexico)

Retail stays a gradual supply of employment throughout New Mexico. Jobs embody retailer administration, logistics, and customer support. This trade helps native economies whereas assembly residents’ wants. Shifting to the state gives quick access to retail hubs in rising cities. Patrons and renters discover the comfort of a thriving retail trade engaging.

Interested by transferring to New Mexico for a job on this trade? Think about houses on the market in Santa Fe or Seton Village.

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