Places/NM/Hidalgo County, NM
County profile

Hidalgo County, NM

United States · GDP 2024
#2794 of 3,127 US counties by GDPbottom-decile growthmore diversified than 5% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$254.9M
BEA · 2024
GDP growth (YoY)
-4.9%
BEA · 2024
Jobs tracked
734
Census CBP · 2023
Employers
91
Census CBP · 2023
Avg. wage
$51.2k
BLS QCEW · 2023
Population
3,929
Census PEP · 2025
Labor, income & education
Unemployment
6.6%
Median HH income
$48.9k±$8.5k
Bachelor's degree+
18.3%±4.4%
Poverty rate
23.1%±4.5%
Business applications
49 · 2025
Retail establishments
24
60.7/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Retail trade38%
Food & accommodation32%
Health care18%
Transportation6%
Professional services4%
Other services1%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
3,929
residents · 2025 · -5.6% since 2020
Income per capita $56.7k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration176
International migration+34
Natural change96

GDP trend

20192024 · nominal
$217.8M
2019
$212.9M
2020
$231.1M
2021
$235.5M
2022
$268.1M
2023
$254.9M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$111.0k±$8.8k
Median gross rent
$814/mo±$97/mo
Vacancy rate
33.8%±4.6%
Affordability
2.2× wages
Residential permits
Census BPS
FEMA risk score
8.9
HUD Fair Market Rent (2BR):$973/mo · 2026
TOP PERILS · FEMA NRI
Drought 84Wildfire 83Heat wave 56

Transport access

BTS · FAA · USACE
Nearest interstate
42.1 km
I-10
Nearest freight rail
14.0 km
PVTX
Nearest port
793.0 km
MARINE GROUP BOAT WORKS SHIPYARD
Nearest commercial airport
96.0 km
GRANT COUNTY
Wage trend
BLS QCEW · 20192023
$51.2k
avg. annual pay · +28% since 2019
The read

What is the GDP of Hidalgo?

Hidalgo's economy produced $254.9M in 2024, contracting 4.9% year over yearslower than 90% of US counties. Its largest employment sector is retail trade.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.