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Average Bakers Salary in Albuquerque, NM

Bakers in Albuquerque, New Mexico, earn an average annual salary of $35,280. This figure is slightly below the national average of $37,640, a common occurrence in markets where local economic factors and demand influence compensation. The specific economic landscape and the concentration of bakeries within Albuquerque play a role in shaping these salary levels.

Executive Summary

  • Average Salary: $35,280 per year.
  • Growth Trend: Salaries have shifted 21.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $44,480.
  • Outlook: The job market for Bakers in Albuquerque appears stable, with a local workforce of 560 individuals. The Location Quotient of 0.92 suggests that the concentration of bakers in Albuquerque is very close to the national average, indicating a steady but not exceptionally high demand relative to other professions. This signifies a consistent need for baking professionals within the city.
2024 Market Data

Salary Overview

$35,280

The average Bakers in Albuquerque, NM earns-6.3%below the national average.

BreakdownBased on 40h/week
Hourly

$17

Weekly

$678

Monthly

$2,940

Bakers Salary Distribution in Albuquerque, NM

Career progression for Bakers in Albuquerque typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior bakers with specialized skills or supervisory roles can command significantly higher salaries. The percentile gaps in earnings reflect the value placed on expertise, leadership, and years of dedicated service in the culinary field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$29,160$14
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$26,460$12.7
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$34,900$16.8
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$44,100$21.2
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$44,480$21.4

Detailed Bakers Market Analysis

Relocation Context

Nominal Salary

$35,280

Gross Pay

Real Wage (Purchasing Power)

$35,280

Adjusted for COL (100)

With an average annual salary of $35,280 and a Cost of Living Index of 100 (matching the national average), Bakers in Albuquerque find their nominal earnings align precisely with the cost of living. This means that the purchasing power of their salary is comparable to the national standard, offering a balanced financial environment for residents.

Job Market Context

560

Total Jobs

1.384

Per 1K Jobs

0.92

Location Quotient

Below Average

Albuquerque, NM has 0.92x the national average concentration of Bakers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

Albuquerque's Location Quotient of 0.92 for Bakers indicates a job market that closely mirrors the national distribution of this profession. This suggests that while there is a solid presence of bakers, the market is not oversaturated, nor is it exceptionally scarce. It implies a competitive but accessible environment for those seeking employment in this field.

Nearby Job Markets

Nearby Cities for Bakers

CitySalaryDist.
Eastern New Mexico nonmetropolitan area Bakers Salary$32,640↓ 7%29 mi
Northern New Mexico nonmetropolitan area Bakers Salary$32,670↓ 7%29 mi
Santa Fe, NM Bakers Salary$38,170↑ 8%54 mi

Comparing salaries near Albuquerque, NM

Hiring Bakerss?

Frequently Asked Questions

How much does a Bakers make in Albuquerque, NM?

The median annual salary for a Bakers in Albuquerque, NM is $35,280. This typically ranges from $29,160 for entry-level positions to $44,480 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albuquerque, NM is 6.3% lower than the national median of $37,640.

Is Albuquerque, NM a lucrative place for Bakerss?

No, not exceptionally lucrative compared to the national average.Bakers in Albuquerque earn slightly less than the national average, though their salary aligns with the national average cost of living. This suggests a stable but not high-paying market.

Is Albuquerque, NM a good place to live for Bakers?

The Cost of Living Index in Albuquerque, NM is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Albuquerque, NM?

Some top paying nearby cities include Eastern New Mexico nonmetropolitan area ($32,640) and Northern New Mexico nonmetropolitan area.

What is the average salary for a Baker in Albuquerque, NM?

The average annual salary for a Baker in Albuquerque, NM is $35,280.

How does Albuquerque's Baker salary compare to the national average?

The average salary for Bakers in Albuquerque ($35,280) is slightly lower than the national average ($37,640).

What is the Cost of Living Index in Albuquerque?

Albuquerque's Cost of Living Index is 100, which is the same as the national average.

How concentrated is the Baker job market in Albuquerque?

Albuquerque has a Location Quotient of 0.92 for Bakers, indicating a concentration very close to the national average, suggesting a stable job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Albuquerque, NM area with a job density of 1.384 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Bakers • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM