Average Cement Masons and Concrete Finishers Salary in Albuquerque, NM
Cement Masons and Concrete Finishers in Albuquerque, NM, earn an average annual salary of $53,460. This figure is notably below the national average of $59,280, suggesting that local market dynamics and potentially regional demand influence compensation levels. While the nominal pay is lower, understanding the cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $53,460 per year.
- Growth Trend: Salaries have shifted 36.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $69,610.
- Outlook: Albuquerque supports a local workforce of 770 Cement Masons and Concrete Finishers, indicating a substantial presence in the construction sector. The Location Quotient of 1.43 signifies that this profession is more concentrated in Albuquerque than the national average, suggesting a robust demand relative to other occupations within the city.
Salary Overview
The average Cement Masons and Concrete Finishers in Albuquerque, NM earns-9.8%below the national average.
$25.7
$1,028
$4,455
Cement Masons and Concrete Finishers Salary Trends (2020-2024)
While specific historical data for Albuquerque is not provided, it's reasonable to assume that over the past four years, salaries for Cement Masons and Concrete Finishers have likely seen moderate growth, mirroring general trends in the construction industry. This growth would typically be driven by inflation, increased demand for infrastructure projects, and the need for skilled tradespeople.
Cement Masons and Concrete Finishers Salary Distribution in Albuquerque, NM
Salary progression for Cement Masons and Concrete Finishers typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command significantly higher salaries. The percentile gaps in earnings clearly signify career progression and the value placed on expertise in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $40,600 | $19.5 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $40,095 | $19.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $49,510 | $23.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $66,825 | $32.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $69,610 | $33.5 |
Detailed Cement Masons and Concrete Finishers Market Analysis
Relocation Context
Nominal Salary
$53,460
Gross Pay
Real Wage (Purchasing Power)
$53,460
Adjusted for COL (100)
The average annual salary of $53,460 in Albuquerque, NM, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Cement Mason's salary in Albuquerque is equivalent to the national average, offering a stable financial standing relative to the rest of the country.
Job Market Context
770
Total Jobs
1.908
Per 1K Jobs
1.43
Location Quotient
With a location quotient of 1.43, Albuquerque, NM has a slightly higher-than-average concentration of Cement Masons and Concrete Finishers roles compared to the national norm.
With a Location Quotient of 1.43, Albuquerque demonstrates a higher concentration of Cement Masons and Concrete Finishers compared to the national average. This suggests a healthy and potentially competitive job market where demand for these skilled professionals is relatively strong, making it an attractive location for those in the trade.
Nearby Job Markets
Nearby Cities for Cement Masons and Concrete Finishers
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Cement Masons and Concrete Finishers Salary | $49,490↓ 7% | 29 mi |
| Northern New Mexico nonmetropolitan area Cement Masons and Concrete Finishers Salary | $46,970↓ 12% | 29 mi |
| Santa Fe, NM Cement Masons and Concrete Finishers Salary | $50,990↓ 5% | 54 mi |
Comparing salaries near Albuquerque, NM
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Frequently Asked Questions
How much does a Cement Masons and Concrete Finishers make in Albuquerque, NM?
The median annual salary for a Cement Masons and Concrete Finishers in Albuquerque, NM is $53,460. This typically ranges from $40,600 for entry-level positions to $69,610 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 9.8% lower than the national median of $59,280.
Is Albuquerque, NM a lucrative place for Cement Masons and Concrete Finisherss?
Yes, with a stable cost of living.While the average salary is below the national average, the cost of living is also at the national average, meaning your earnings have equivalent purchasing power. The strong Location Quotient indicates good demand for the role.
Is Albuquerque, NM a good place to live for Cement Masons and Concrete Finishers?
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 ($49,490) and Northern New Mexico nonmetropolitan area.
How does Albuquerque's salary for Cement Masons compare to the national average?
The average annual salary for Cement Masons and Concrete Finishers in Albuquerque, NM, is $53,460, which is lower than the national average of $59,280.
What does a Location Quotient of 1.43 mean for Cement Masons in Albuquerque?
A Location Quotient of 1.43 indicates that Cement Masons and Concrete Finishers are 43% more concentrated in Albuquerque than the national average, suggesting a higher relative demand for these professionals in the local market.
How does the cost of living in Albuquerque affect the salary of a Cement Mason?
Albuquerque's Cost of Living Index is 100, matching the national average. This means the $53,460 salary offers purchasing power equivalent to the national average, making it a stable financial environment.
What is the total number of Cement Masons and Concrete Finishers employed in Albuquerque?
There are approximately 770 Cement Masons and Concrete Finishers employed in Albuquerque, NM, representing a significant portion of the local construction workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 770 employees in the Albuquerque, NM area with a job density of 1.908 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Cement Masons and Concrete Finishers • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM