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Average Cashiers Salary in New Mexico

Cashiers in New Mexico earn an average annual salary of $30,590, which is slightly below the national average of $31,730. This difference can be attributed to a variety of factors, including the state's specific economic conditions, the overall demand for retail services, and the cost of living within New Mexico's diverse communities.

Executive Summary

  • Average Salary: $30,590 per year.
  • Growth Trend: Salaries have shifted 25.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $35,770.
  • Outlook: New Mexico boasts a robust job market for Cashiers, with a total local workforce of 19,790 individuals in this role. The Location Quotient of 1.13 indicates a concentration of these jobs that is 13% higher than the national average, suggesting a consistent demand and a stable employment landscape for those in this profession within the state.
2024 Market Data

Salary Overview

$30,590

The average Cashiers in New Mexico earns-3.6%below the national average.

BreakdownBased on 40h/week
Hourly

$14.7

Weekly

$588

Monthly

$2,549

Cashiers Salary Distribution in New Mexico

The salary trajectory for Cashiers in New Mexico typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with several years of experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings clearly signify opportunities for career progression and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$26,580$12.8
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$22,943$11
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$29,230$14.1
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$38,238$18.4
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$35,770$17.2

Detailed Cashiers Market Analysis

Relocation Context

Nominal Salary

$30,590

Gross Pay

Real Wage (Purchasing Power)

$34,141

Adjusted for COL (89.6)

The average annual salary of $30,590 in New Mexico presents a favorable financial situation when considered against the state's Cost of Living Index of 89.6. This index is below the national average of 100, meaning that the purchasing power of a Cashier's salary in New Mexico is likely higher than the nominal figure suggests, allowing for a more comfortable lifestyle.

Job Market Context

19,790

Total Jobs

22.984

Per 1K Jobs

1.13

Location Quotient

Above Average

With a location quotient of 1.13, New Mexico has a slightly higher-than-average concentration of Cashiers roles compared to the national norm.

With a Location Quotient of 1.13, New Mexico exhibits a slightly higher concentration of Cashier positions compared to the national average. This suggests that the job market is relatively competitive but also indicates a healthy demand for these roles, making it a potentially favorable environment for job seekers looking for opportunities in the retail sector.

Nearby Job Markets

Nearby Cities for Cashiers

CitySalaryDist.
Albuquerque, NM Cashiers Salary$31,050↑ 2%29 mi
Santa Fe, NM Cashiers Salary$33,290↑ 9%59 mi

Comparing salaries near New Mexico

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Frequently Asked Questions

How much does a Cashiers make in New Mexico?

The median annual salary for a Cashiers in New Mexico is $30,590. This typically ranges from $26,580 for entry-level positions to $35,770 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Mexico is 3.6% lower than the national median of $31,730.

Is New Mexico a lucrative place for Cashiers?

Yes, relatively speaking.While the average salary is slightly below the national average, New Mexico's lower cost of living enhances the purchasing power of the $30,590 annual income, making it a financially viable location for Cashiers.

Is New Mexico a good place to live for Cashiers?

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

Where are the highest paying cities near New Mexico?

Some top paying nearby cities include Albuquerque, NM ($31,050) and Santa Fe, NM.

What is the average salary for a Cashier in New Mexico?

The average annual salary for a Cashier in New Mexico is approximately $30,590.

How does New Mexico's Cashier salary compare to the national average?

The average Cashier salary in New Mexico ($30,590) is slightly lower than the national average ($31,730).

Is the demand for Cashiers high in New Mexico?

Yes, the Location Quotient of 1.13 indicates a concentration of Cashier jobs in New Mexico that is 13% higher than the national average, suggesting good demand.

How does the cost of living affect a Cashier's salary in New Mexico?

New Mexico's Cost of Living Index of 89.6 (below the national average) means that the $30,590 salary offers better purchasing power than it might in a higher cost-of-living state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 19,790 employees in the New Mexico area with a job density of 22.984 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Cashiers • Data source: BLS OEWS 2024 •Jobs in New Mexico