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Colleges & Universities in New Mexico

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NM61131a

Colleges & Universities in New Mexico industry analysis

The Colleges & Universities industry in New Mexico is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely decline at -x.x% during the same period. Industry establishments stagnated an annualized x% to xx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to xx locations. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Colleges & Universities in New Mexico Market Research Report

What’s Included in the Colleges & Universities in New Mexico Market Research Report

Definition of the Colleges & Universities in New Mexico?

This industry includes public and private universities and colleges that offer academic courses and grant baccalaureate or graduate degrees. Admission requires a high school diploma or equivalent general academic training. Instruction is typically provided on physical campuses, although online education and other unorthodox settings are gaining popularity. This industry does not include for-profit institutions or community colleges.

What’s included in the Colleges & Universities in New Mexico?

The Colleges & Universities in New Mexico includes providing higher education at colleges (except community colleges), providing higher education at universities, providing higher education at theological seminaries offering baccalaureate or graduate degrees, providing higher education at professional schools, such as business administration, dental, law and medical and providing higher education at college level military academies. Related terms covered in the Colleges & Universities in New Mexico industry report includes programs authorized under title iv of the higher education act that are the major source of federal student aid. they include loans, grants and federal work-study programs, the sum of money and other assets that have been donated to an institution. these funds are typically used in financial investments to yield additional income, tests that certify the taker has high school-level academic skills and an online course aimed at unlimited participation and open access via the internet.

Industry Performance of the Colleges & Universities industry in New Mexico

Benchmark the Colleges & Universities in New Mexico industry performance with all NM county and national performance.

Colleges & Universities in New Mexico

#48 in Highest Revenue 0.1% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Colleges & Universities in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Colleges & Universities industry in New Mexico

See how key industry drivers, such as population, labor force participation rate, bachelorsed, demand from donations, grants and endowment, government funding for universities and high school retention rate are impacting Colleges & Universities in New Mexico

New Mexico Economic Indicators

Population
Labor Force Participation Rate
BachelorsEd

View more economic information in NM State Economic profile

US Key External Drivers

Demand from donations, grants and endowment
Government funding for universities
High school retention rate

For the full list of industry drivers, see report purchase options.

County Data of the Colleges & Universities industry in New Mexico

Access proprietary data on county in the Colleges & Universities in New Mexico, such as Bernalillo County, Dona Ana County and Santa Fe County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Colleges & Universities industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Colleges & Universities industry in New Mexico in 2025?

The market size of the Colleges & Universities industry in New Mexico is $314.9m in 2025.

How many businesses are there in the Colleges & Universities industry in New Mexico in 2025?

There are 19 businesses in the Colleges & Universities industry in New Mexico, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Colleges & Universities industry in New Mexico grown or declined over the past 5 years?

The market size of the Colleges & Universities industry in New Mexico has been growing at an average annual rate of 0.4% from 2020 to 2025.

How many employees in the Colleges & Universities industry in New Mexico in 2025?

There are 1,908 employees in the Colleges & Universities industry in New Mexico, which has been growing at an average annual rate of 5.2% from 2020 to 2025.