Best Cities in New Mexico to Form Your LLC

Because New Mexico is a sparsely populated state, you will probably want to start up your new business in one of the major cities. You have several good choices.

Starting an LLC in Albuquerque, NM

Albuquerque is the largest city in New Mexico and is located close to the center of the state, straddling the Rio Grande river. It is also bordered by the Sandia Mountains and is at the center of the New Mexico High Tech corridor.

• Area of city: 189 square miles
• Population: 559,000
• Population density: 2,900 people/square mile
• Cost of living: 5 percent below national average; housing is 5 percent cheaper
• Time zone: MST
• Sales tax: 7.5 percent

Major Industries in Albuquerque, NM

Technology is a major industry in Albuquerque, together with a number of government and private research facilities. The renewable energy sector is well-represented in the city, as is engineering. Albuquerque is also a center for job creation.

Starting an LLC in Santa Fe, NM

Santa Fe is the capital city of New Mexico and is located in the north-central part of the state.

• Area of city: 37 square miles
• Population: 84,000
• Population density: 1,800 people/square mile
• Time zone: MST
• Sales tax: 8.4375 percent

Major Industries in Santa Fe, NM

Tourism, science and technology are all important sectors in the city’s economy.

Starting an LLC in Las Cruces, NM

Las Cruces is in the southern part of the state and is the economic and cultural center of the Mesilla Valley.

• Area of city: 77 square miles
• Population: 101,000
• Cost of living: 3 percent below national average; housing is 12 percent cheaper
• Time zone: MST
• Sales tax: 8.3125 percent

Major Industries in Las Cruces, NM

The federal government is a major employer in the region, although education, healthcare and retail are all important sectors.

Starting an LLC in Roswell, NM

Roswell is perhaps best known for its association with UFOs, and UFO-related tourism is a major part of the city’s success.

• Area of city: 30 square miles
• Population: 48,000
• Population density: 1,600 people/square mile
• Time zone: MST
• Sales tax: 7.8333 percent

Major Industries in Roswell, NM

Food production, education and tourism are the most important economic sectors in the city.

Ready to Start Your New Mexico LLC?

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