NM Horse Industry
Information provided by the American Horse Council
The national industry has a $759 million dollar impact on the New Mexico economy when the multiplier effect of spending by industry suppliers and employees is taken into account.
147,000 horses in New Mexico.
The New Mexico horse industry directly provides 35,700 full-time equivalent (FTE) jobs. Spending generates additional jobs in New Mexico for a total employment impact of 45,000.
Did You Know?
The average cost of horse ownership in 2016 Santa Fe County is estimated to be almost $4000 annually.
91,100 New Mexicans are involved in the industry as horse owners, service providers, employees, and volunteers. This does not account for spectators.
Over 2 million visitors attend horse racing events in New Mexico every year.