Average Business Teachers, Postsecondary Salary in Albuquerque, NM
Business Teachers, Postsecondary in Albuquerque, NM earn an average annual salary of $84,980. This figure is notably below the national average of $108,950, suggesting that local market dynamics and potentially regional demand influence compensation levels. While the national average is higher, understanding Albuquerque's specific economic landscape is key to evaluating this salary.
Executive Summary
- Average Salary: $84,980 per year.
- Growth Trend: Salaries have shifted 14.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $176,250.
- Outlook: The local job market for Business Teachers, Postsecondary in Albuquerque, NM, shows a modest concentration with a Location Quotient of 1.05, indicating a presence that is slightly above the national average. With a total local workforce of 220 in this role, the demand appears stable rather than rapidly expanding, suggesting a consistent but not overly competitive environment for these educators.
Salary Overview
The average Business Teachers, Postsecondary in Albuquerque, NM earns-22.0%below the national average.
$40.9
$1,634
$7,082
Business Teachers, Postsecondary Salary Trends (2020-2024)
While specific historical data for Albuquerque is not provided, it is generally assumed that salaries for Business Teachers, Postsecondary have experienced incremental growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for specialized business education, and the evolving needs of the academic sector.
Business Teachers, Postsecondary Salary Distribution in Albuquerque, NM
Salary progression for Business Teachers, Postsecondary in Albuquerque, NM, typically scales with experience. Entry-level positions will command lower salaries, while seasoned educators with extensive teaching experience, advanced degrees, and a strong publication record can expect to earn significantly more. The percentile gaps in salary data reflect these opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ProbationaryInitial licensure. Mentored by senior faculty. | 10% (Entry) | $40,960 | $19.7 |
| Tenured / ProProfessional status. Curriculum development. | 25% (Junior) | $63,735 | $30.6 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $64,440 | $31 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $106,225 | $51.1 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $176,250 | $84.7 |
Detailed Business Teachers, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$84,980
Gross Pay
Real Wage (Purchasing Power)
$84,980
Adjusted for COL (100)
The nominal average salary of $84,980 in Albuquerque, NM, is directly offset by a Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of an $84,980 salary in Albuquerque is equivalent to the national average, offering a balanced financial standing relative to the rest of the country.
Job Market Context
220
Total Jobs
0.558
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, Albuquerque, NM has a slightly higher-than-average concentration of Business Teachers, Postsecondary roles compared to the national norm.
With a Location Quotient of 1.05, Albuquerque, NM, presents a job market for Business Teachers, Postsecondary that is slightly more concentrated than the national average. This suggests a stable demand for these professionals, indicating that while the market isn't saturated, there is a consistent need for qualified educators in this field within the region.
Nearby Job Markets
Nearby Cities for Business Teachers, Postsecondary
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Business Teachers, Postsecondary Salary | $89,520↑ 5% | 29 mi |
| Northern New Mexico nonmetropolitan area Business Teachers, Postsecondary Salary | $106,640↑ 25% | 29 mi |
Comparing salaries near Albuquerque, NM
Hiring Business Teachers, Postsecondarys?
Frequently Asked Questions
How much does a Business Teachers, Postsecondary make in Albuquerque, NM?
The median annual salary for a Business Teachers, Postsecondary in Albuquerque, NM is $84,980. This typically ranges from $40,960 for entry-level positions to $176,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 22.0% lower than the national median of $108,950.
Is Albuquerque, NM a lucrative place for Business Teachers, Postsecondarys?
No, not exceptionally lucrative compared to the national average.While the average salary of $84,980 is respectable, it falls below the national average of $108,950. However, the cost of living being at the national average means the salary's purchasing power is equivalent nationally.
Is Albuquerque, NM a good place to live for Business Teachers, Postsecondarys?
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 ($89,520) and Northern New Mexico nonmetropolitan area.
How does Albuquerque's salary for Business Teachers compare to the national average?
The average annual salary for Business Teachers, Postsecondary in Albuquerque, NM is $84,980, which is lower than the national average of $108,950.
What is the Cost of Living in Albuquerque, NM?
Albuquerque, NM has a Cost of Living Index of 100, which is exactly the national average.
How concentrated is the market for Business Teachers in Albuquerque?
The market for Business Teachers, Postsecondary in Albuquerque is slightly more concentrated than the national average, with a Location Quotient of 1.05.
What does a Location Quotient of 1.05 signify?
A Location Quotient of 1.05 indicates that the concentration of Business Teachers, Postsecondary in Albuquerque is 5% higher than the national average, suggesting a stable and slightly above-average presence in the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Albuquerque, NM area with a job density of 0.558 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Business Teachers, Postsecondary • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM