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New Mexico Roofing Market Size

$299.98M a year in installed residential roofing demand across 17 metro and micropolitan areas — #41 of 52 (the 50 states, DC and Puerto Rico).

Annual market size
$299.98M
installed value, replacement + new
Share of US
0.4%
#41 of 52 incl. DC & PR
Jobs per year
18,820
residential installations
Metros modeled
17
metro + micropolitan areas
SF permits 2022–2024
-1.7%
15 metros reporting every year

The short answer

The New Mexico roofing market is about $299.98M a year in installed residential demand (0.4% of the US total), ranking #41 of 52 states and jurisdictions (the 50 states, DC and Puerto Rico, where modeled). The largest metro is Albuquerque, NM at $129.83M of New Mexico demand. Statewide, the market is roughly 18,820 jobs a year: $261.79M replacement on existing homes and $38.20M new single-family construction.

New Mexico roofing market by metro

Every modeled metro with homes in New Mexico. A metro that crosses a state line shows only the share of its demand inside New Mexico; firm counts, scores and saturation describe the whole metro. Each links to its full market file.

#MetroAnnual demandShare of stateOpportunity scoreDemand / firmSaturation
1Albuquerque, NM$129.83M43.3%54.2$1.15MKnife Fight
2Santa Fe, NM$31.57M10.5%49.9$1.13MCrowded
3Las Cruces, NM$29.56M9.9%46.4$1.64MCrowded
4Clovis, NM$14.14M4.7%38.9$1.18MKnife Fight
5Carlsbad, NM$13.73M4.6%53.5$3.43MWide Open
6Hobbs, NM$13.69M4.6%49.2$4.56MWide Open
7Farmington, NM$11.69M3.9%22.5$1.17MKnife Fight
8Roswell, NM$9.15M3.1%37.9$3.05MWide Open
9Alamogordo, NM$6.83M2.3%21.4$2.28MBalanced
10Taos, NM$6.44M2.1%33.3$3.22MWide Open
11Gallup, NM$6.42M2.1%22.9$3.21MWide Open
12Las Vegas, NM$6.18M2.1%27.5$6.18MLand Grab
13Española, NM$5.01M1.7%25.8$2.51MBalanced
14Los Alamos, NM$4.72M1.6%37.9$4.72MLand Grab
15Ruidoso, NM$4.02M1.3%25.8$1MCrowded
16Silver City, NM$3.98M1.3%19.1$795.83KKnife Fight
17Deming, NM$3.02M1.0%19.8$1.51MKnife Fight

All states (CSV) All 935 metros (CSV)

Also on Kaggle · Hugging Face, ready to load into a notebook.

Demand drivers in New Mexico

New Mexico's metro areas had 580,300 single-family detached homes in the 2019–23 Census survey, against 564,846 in 2014–18: the stock grew 2.7% over five years. Population changed +1.1% over the same years. Those homes are the base roofing replacement demand is sized on. The dollar market size itself has no measured history, so no growth rate is published for it.

Single-family permits

4.0k20224.1k20233.9k2024

Census Building Permits Survey, 15 metros whose primary state is New Mexico and that report every year.

Damaging hail events

7420161252017762018852019192020642021372022942023502024892025

NOAA Storm Events, 16 metros, every year loaded. Hail pulls roofing replacement forward.

New Mexico roofing market — common questions

How big is the New Mexico roofing market?

The New Mexico roofing market is about $299.98M a year in installed residential demand (0.4% of the US total), ranking #41 of 52 states and jurisdictions (the 50 states, DC and Puerto Rico, where modeled). The largest metro is Albuquerque, NM at $129.83M of New Mexico demand. Statewide, the market is roughly 18,820 jobs a year: $261.79M replacement on existing homes and $38.20M new single-family construction.

Which metros have the largest roofing market in New Mexico?

Albuquerque, NM $129.83M; Santa Fe, NM $31.57M; Las Cruces, NM $29.56M; Clovis, NM $14.14M; Carlsbad, NM $13.73M. 17 metro and micropolitan areas in New Mexico are modeled.

What are the best roofing markets in New Mexico for expansion?

By NextTerritory's opportunity score (0-100, a national percentile blend of seven components: market size, growth, affluence, storm exposure, climate, housing age and competition): Albuquerque, NM 54.2; Carlsbad, NM 53.5; Santa Fe, NM 49.9. The score is the same national scale for every metro, so it compares across state lines.

How competitive is the New Mexico roofing market?

Saturation compares each metro's annual roofing demand with its count of specialty contractor establishments (BLS QCEW). Across New Mexico's metros: 2 Land Grab; 5 Wide Open; 2 Balanced; 3 Crowded; 5 Knife Fight. Land Grab is the least crowded cohort nationally, Knife Fight the most.

Is the New Mexico roofing market growing?

New Mexico's metro areas had 580,300 single-family detached homes in the 2019–23 Census survey, against 564,846 in 2014–18: the stock grew 2.7% over five years. Population changed +1.1% over the same years. Those homes are the base roofing replacement demand is sized on. The dollar market size itself has no measured history, so no growth rate is published for it.

How is the New Mexico roofing market size calculated?

Bottom-up, metro by metro: owner-occupied single-family homes divided by the line's service life, adjusted for housing age and hail exposure, priced at the model's average ticket, plus single-family permits at a builder price. Metros that cross a state line are split by single-family housing in each county. Rural counties outside a metro are not modeled.

Use these figures

Free to reuse, including commercially, with credit (CC BY 4.0). Suggested citation:

NextTerritory (2026). New Mexico Roofing Market Size. https://nextterritory.com/us-roofing-market/new-mexico. Licensed CC BY 4.0.

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States ranked near New Mexico, and the other exterior lines here.

US roofing market size, all states → · Methodology