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Community Colleges in New Mexico

Author.Name IBISWorld United States Last Updated: April 2025 NAICS NM61121

Community Colleges in New Mexico industry analysis

The Community Colleges 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 grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to x locations. Industry employment has decreased an annualized -x.x% to xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

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

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About the Community Colleges in New Mexico Market Research Report

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

Definition of the Community Colleges in New Mexico?

This industry includes public, private, nonprofit and for-profit community colleges. These post-secondary educational institutions offer college transfer courses and programs as well as occupational and general academic programs. Community colleges award associate degrees, certificates or diplomas below the baccalaureate level.

What’s included in the Community Colleges in New Mexico?

The Community Colleges in New Mexico includes providing associate degree education, providing technical and vocational certificate education, preparing students for transfers to four-year colleges and universities and providing continuing and adult education. Related terms covered in the Community Colleges in New Mexico industry report includes a program authorized under title iv of the higher education act that is the major source of federal student aid. programs include loans, grants and federal work study programs, a method of learning where student take courses off campus, such as via the internet and the percentage of 18- to 24-year-olds no longer enrolled in high school with a high school diploma or equivalent.

Industry Performance of the Community Colleges industry in New Mexico

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

Community Colleges in New Mexico

#27 in Highest Revenue 0.9% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Community Colleges 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 Community Colleges industry in New Mexico

See how key industry drivers, such as population, labor force participation rate, bachelorsed, government funding for universities, number of college students and consumer price index are impacting Community Colleges 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

Government funding for universities
Number of college students
Consumer price index

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

County Data of the Community Colleges industry in New Mexico

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

Key Statistics of the Community Colleges 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 Community Colleges industry in New Mexico in 2025?

The market size of the Community Colleges industry in New Mexico is $649.9m in 2025.

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

There are 8 businesses in the Community Colleges industry in New Mexico, which has been declining at an average annual rate of -2.3% from 2020 to 2025.

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

The market size of the Community Colleges industry in New Mexico has been growing at an average annual rate of 1.5% from 2020 to 2025.

How many employees in the Community Colleges industry in New Mexico in 2025?

There are 331 employees in the Community Colleges industry in New Mexico, which has been declining at an average annual rate of -2.8% from 2020 to 2025.