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Average Chemical Engineers Salary in New Mexico

Yes, New Mexico is a highly lucrative market for Chemical Engineerss. With an average annual salary of $150,610, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $150,610 per year.
  • Growth Trend: Salaries have shifted 20.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $214,460.
  • Outlook: The current demand for Chemical Engineerss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader New Mexico economy.
2024 Market Data

Salary Overview

$150,610

The average Chemical Engineers in New Mexico earns+16.6%above the national average.

BreakdownBased on 40h/week
Hourly

$72.4

Weekly

$2,896

Monthly

$12,551

Chemical Engineers Salary Distribution in New Mexico

The earning potential for Chemical Engineerss in New Mexico varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $94,430, while highly experienced professionals can command wages upwards of $214,460.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$94,430$45.4
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$112,958$54.3
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$147,290$70.8
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$188,263$90.5
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$214,460$103.1

Detailed Chemical Engineers Market Analysis

Relocation Context

Nominal Salary

$150,610

Gross Pay

Real Wage (Purchasing Power)

$168,092

Adjusted for COL (89.6)

This is a financial "Hidden Gem". Although the nominal salary is $150,610, the lower cost of living in New Mexico (10.4% below national average) boosts your purchasing power to an equivalent of $168,092. This allows for significant savings.

Job Market Context

80

Total Jobs

0.098

Per 1K Jobs

0.75

Location Quotient

Below Average

New Mexico has 0.75x the national average concentration of Chemical Engineers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

80 people work as Chemical Engineers in New Mexico.

Only 0.098 out of every 1,000 local jobs are Chemical Engineers roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Chemical Engineerss?

Frequently Asked Questions

How much does a Chemical Engineers make in New Mexico?

The median annual salary for a Chemical Engineers in New Mexico is $150,610. This typically ranges from $94,430 for entry-level positions to $214,460 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Mexico is 16.6% higher than the national median of $129,210.

Is New Mexico a good place for Chemical Engineerss?

Yes, New Mexico is financially attractive for Chemical Engineerss. The average salary of $150,610 exceeds the national average. See distinct detailed breakdown below.

Is New Mexico a good place to live for Chemical 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 80 employees in the New Mexico area with a job density of 0.098 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

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