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Average Bus Drivers, Transit and Intercity Salary in Albuquerque, NM

Bus Drivers, Transit and Intercity in Albuquerque, NM earn an average annual salary of $43,810. This figure is notably below the national average of $50,920, suggesting that local economic factors and potentially a different demand dynamic influence compensation in the New Mexico market. The specific needs and funding structures of Albuquerque's public transportation system likely play a significant role in setting these pay rates.

Executive Summary

  • Average Salary: $43,810 per year.
  • Growth Trend: Salaries have shifted 36.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $47,460.
  • Outlook: With a local workforce of 250 Bus Drivers, Transit and Intercity, Albuquerque presents a moderately sized employment pool. The Location Quotient of 0.65 indicates that this profession is less concentrated in Albuquerque compared to the national average, suggesting that while the jobs exist, they are not a dominant sector of the local economy. The rate of 0.627 jobs per 1,000 workers further reinforces this, pointing to a stable but not rapidly expanding demand for these roles.
2024 Market Data

Salary Overview

$43,810

The average Bus Drivers, Transit and Intercity in Albuquerque, NM earns-14.0%below the national average.

BreakdownBased on 40h/week
Hourly

$21.1

Weekly

$843

Monthly

$3,651

Bus Drivers, Transit and Intercity Salary Distribution in Albuquerque, NM

Salary progression for Bus Drivers, Transit and Intercity in Albuquerque typically correlates with experience and tenure. Entry-level positions will likely fall at the lower end of the pay scale, while seasoned drivers with extensive safe driving records and potentially supervisory responsibilities can command higher salaries. The percentile gaps between entry-level, mid-career, and senior drivers signify clear opportunities for career advancement and increased earning potential within the profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$37,500$18
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$32,858$15.8
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$45,680$22
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$54,763$26.3
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$47,460$22.8

Detailed Bus Drivers, Transit and Intercity Market Analysis

Relocation Context

Nominal Salary

$43,810

Gross Pay

Real Wage (Purchasing Power)

$43,810

Adjusted for COL (100)

The average annual salary of $43,810 in Albuquerque, NM, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Bus Driver's salary in Albuquerque is equivalent to the national average. While the nominal salary is lower than the national average, the stable cost of living suggests that the take-home pay will cover essential expenses at a comparable rate to other parts of the country.

Job Market Context

250

Total Jobs

0.627

Per 1K Jobs

0.65

Location Quotient

Below Average

Albuquerque, NM has 0.65x the national average concentration of Bus Drivers, Transit and Intercity jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.65 for Bus Drivers, Transit and Intercity in Albuquerque indicates that this profession is less concentrated locally than the national average. This suggests that the job market may be less saturated, potentially offering a more stable employment outlook for qualified individuals. However, it also implies that the overall demand might be lower compared to regions where the LQ is at or above 1.0.

Nearby Job Markets

Nearby Cities for Bus Drivers, Transit and Intercity

Comparing salaries near Albuquerque, NM

Hiring Bus Drivers, Transit and Intercitys?

Frequently Asked Questions

How much does a Bus Drivers, Transit and Intercity make in Albuquerque, NM?

The median annual salary for a Bus Drivers, Transit and Intercity in Albuquerque, NM is $43,810. This typically ranges from $37,500 for entry-level positions to $47,460 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albuquerque, NM is 14.0% lower than the national median of $50,920.

Is Albuquerque, NM a lucrative place for Bus Drivers, Transit and Intercitys?

No, not particularly lucrative compared to the national average.The average salary of $43,810 is below the national average of $50,920, although the cost of living is on par with the national average.

Is Albuquerque, NM a good place to live for Bus Drivers, Transit and Intercitys?

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 ($36,470) and Northern New Mexico nonmetropolitan area.

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

The average annual salary for Bus Drivers, Transit and Intercity in Albuquerque, NM is $43,810, which is lower than the national average of $50,920.

What is the Cost of Living in Albuquerque, NM for Bus Drivers?

Albuquerque's Cost of Living Index is 100, which is the national average, meaning the purchasing power of a Bus Driver's salary is comparable to the national standard.

Is there high demand for Bus Drivers in Albuquerque?

The Location Quotient of 0.65 suggests that Bus Drivers are less concentrated in Albuquerque than the national average, indicating a moderate but not exceptionally high demand.

How many Bus Drivers work in Albuquerque?

There are approximately 250 Bus Drivers, Transit and Intercity employed in Albuquerque, NM.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Albuquerque, NM area with a job density of 0.627 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.