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Sandoval County, NM Economy

Unemployment was 4.9% in Aug 2026 and jobs paid $61,469 a year on average.

Unemployment rate
4.9%
+0.6 pts in a year
Labor force
74,062
-2.2% in a year
Income per person
$60,016
7th of 33 in NM
Average annual pay
$61,469
35,867 jobs, 2025

Unemployment rate in Sandoval County

Monthly. County rates are not seasonally adjusted, so they rise and fall with the seasons.

Sandoval CountyNew Mexico (seasonally adjusted)
Show as a table
PeriodSandoval County
Aug 20264.9%
Dec 20254.1%
Dec 20243.5%
Dec 20233.2%
Dec 20222.7%
Dec 20214.6%
Dec 20207.6%
Dec 20194.3%
Dec 20184.7%
Dec 20174.9%
Dec 20166.1%
Dec 20156.0%
Dec 20146.2%
Dec 20136.8%
Dec 20127.2%

Source: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics ยท Last updated 09/01/2026

Jobs and pay by industry

Private employers in Sandoval County, annual average 2025. Industries with too few employers to publish are left out.

Swipe the table sideways to see more columns.

IndustryJobs1-year changeAverage pay
Manufacturing4,386+0.6%$113,230
Health care and social assistance4,072+3.5%$48,464
Accommodation and food services4,045-4.6%$25,214
Retail trade3,866+7.9%$36,679
Construction2,420-8.7%$73,935
Administrative and support services2,342-10.4%$55,261
Professional and technical services1,2810.0%$90,897
Other services863+2.6%$49,860
Finance and insurance729+40.2%$70,688
Wholesale trade440+3.3%$103,447
Educational services408-1.9%$51,391
Real estate and rental388-10.2%$44,040
Transportation and warehousing343+5.9%$62,052
Arts, entertainment and recreation324-4.1%$23,676
Information177+4.7%$119,349
Mining, oil and gas139+16.8%$86,545
Management of companies131+5.6%$75,504
Agriculture, forestry and fishing83+6.4%$35,361
Utilities63-1.6%$70,533

Latest quarter (Q1 2026): 34,921 jobs (-3.1% from a year earlier), average weekly wage $1,209.

Income and output

Bureau of Economic Analysis, 2024

Total personal income
$9.47B
+7.3% in a year
Income per person
$60,016
NM: $58,249
GDP
$6.13B
Current dollars
Real GDP growth
+10.3%
Adjusted for inflation
Sandoval CountyNew Mexico
Show as a table
PeriodSandoval County
2024$60,016
2023$56,608
2022$53,603
2021$51,576
2020$47,368
2019$44,465
2018$41,603
2017$40,661
2016$40,156
2015$38,726
2014$37,498
2013$36,471
2012$36,584
2011$35,648
2010$34,268

Source: U.S. Bureau of Economic Analysis, Regional Economic Accounts

Businesses by industry, trucking companies, banks and bankruptcies in Sandoval County.

Business profile

Businesses in Sandoval County

County Business Patterns 2023 and Nonemployer Statistics 2024

Employer businesses
1,928
Employees
27,552
Mid-March
Annual payroll
$1.49B
Self-employed businesses
10,676
$473M receipts

By industry

  • Health care and social assistance29215.1%
  • Construction26013.5%
  • Retail trade19810.3%
  • Professional and technical services1869.6%
  • Accommodation and food services1869.6%
  • Other services1779.2%
  • Real estate and rental1246.4%
  • Administrative and support services1206.2%

By number of employees

  • 1 to 41,09156.6%
  • 5 to 934618.0%
  • 10 to 1923712.3%
  • 20 to 491799.3%
  • 50 to 99371.9%
  • 100 to 249251.3%
  • 250 to 49960.3%
  • 500 to 99950.3%
  • 1,000 or more00.0%

Source: U.S. Census Bureau, County Business Patterns and Nonemployer Statistics

Neighboring counties

Unemployment rate, Aug 2026

CountyRate1 year
Los Alamos County2.2%+0.4 pts
Santa Fe County4.2%+0.5 pts
Bernalillo County4.7%+0.7 pts
Rio Arriba County4.8%+0.8 pts
Sandoval CountyThis county4.9%+0.6 pts
San Juan County5.3%+0.9 pts
Cibola County6.0%+0.2 pts
McKinley County6.9%+1.2 pts

Federal money in Sandoval County

Federal awards, pandemic loans and political donations

Frequently asked questions

What is the unemployment rate in Sandoval County, NM?
The unemployment rate in Sandoval County was 4.9% in Aug 2026, not seasonally adjusted, with 74,062 people in the labor force.
What is the average salary in Sandoval County?
Jobs in Sandoval County paid an average of $61,469 in 2025 ($1,182 a week), across 35,867 jobs covered by unemployment insurance.
What are the biggest industries in Sandoval County?
The largest private industries by jobs are manufacturing (4,386), health care and social assistance (4,072), accommodation and food services (4,045).
What is the income per person in Sandoval County?
Personal income per person was $60,016 in 2024, compared with $58,249 for New Mexico. It counts wages, business income, investment income and government benefits.
How many businesses are in Sandoval County?
Sandoval County had 1,928 business establishments with paid employees in 2023, plus 10,676 businesses with no employees.