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Average Bioengineers and Biomedical Engineers Salary in New Mexico

Yes, New Mexico is a highly lucrative market for Bioengineers and Biomedical Engineerss. With an average annual salary of $127,940, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $127,940 per year.
  • Growth Trend: Salaries have shifted 4.6% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $193,550.
  • Outlook: This role remains a specialized component of the broader New Mexico economy.
2024 Market Data

Salary Overview

$127,940

The average Bioengineers and Biomedical Engineers in New Mexico earns+10.3%above the national average.

BreakdownBased on 40h/week
Hourly

$61.5

Weekly

$2,460

Monthly

$10,662

Bioengineers and Biomedical Engineers Salary Distribution in New Mexico

The earning potential for Bioengineers and Biomedical Engineerss in New Mexico varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $75,770, while highly experienced professionals can command wages upwards of $193,550.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$75,770$36.4
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$95,955$46.1
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$116,560$56
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$159,925$76.9
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$193,550$93.1

Detailed Bioengineers and Biomedical Engineers Market Analysis

Relocation Context

Nominal Salary

$127,940

Gross Pay

Real Wage (Purchasing Power)

$142,790

Adjusted for COL (89.6)

This is a financial "Hidden Gem". Although the nominal salary is $127,940, the lower cost of living in New Mexico (10.4% below national average) boosts your purchasing power to an equivalent of $142,790. This allows for significant savings.

Nearby Job Markets

Hiring Bioengineers and Biomedical Engineerss?

Frequently Asked Questions

How much does a Bioengineers and Biomedical Engineers make in New Mexico?

The median annual salary for a Bioengineers and Biomedical Engineers in New Mexico is $127,940. This typically ranges from $75,770 for entry-level positions to $193,550 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Mexico is 10.3% higher than the national median of $115,990.

Is New Mexico a good place for Bioengineers and Biomedical Engineerss?

Yes, New Mexico is financially attractive for Bioengineers and Biomedical Engineerss. The average salary of $127,940 exceeds the national average. See distinct detailed breakdown below.

Is New Mexico a good place to live for Bioengineers and Biomedical Engineers?

With a Cost of Living Index of 89.6 (lower than the national average of 100), your salary goes further here.

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

Semantic Salary Analysis for Bioengineers and Biomedical Engineers • Data source: BLS OEWS 2024 •Jobs in New Mexico