Average Chemists Salary in New Mexico
Chemists in New Mexico earn a substantial average annual salary of $129,290, significantly outpacing the national average of $94,000. This elevated compensation is likely influenced by the state's specific industry demands and the specialized skill set required for chemistry roles within its unique economic landscape.
Executive Summary
- Average Salary: $129,290 per year.
- Growth Trend: Salaries have shifted 52.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $200,990.
- Outlook: With a total local workforce of 210 Chemists, New Mexico presents a niche but potentially stable job market. The Location Quotient of 0.44 suggests that while the concentration of chemists is below the national average, the existing workforce indicates a consistent demand for these professionals within the state's specific sectors.
Salary Overview
The average Chemists in New Mexico earns+37.5%above the national average.
$62.2
$2,486
$10,774
Chemists Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Chemists in New Mexico have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for specialized chemical expertise, and advancements in scientific research likely contribute to a positive salary trajectory for the profession.
Chemists Salary Distribution in New Mexico
Career progression for Chemists in New Mexico typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise and take on more complex projects, their earning potential can climb substantially, with senior roles commanding the highest salaries, reflecting their advanced skills and responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $52,020 | $25 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $96,968 | $46.6 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $134,370 | $64.6 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $161,613 | $77.7 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $200,990 | $96.6 |
Detailed Chemists Market Analysis
Relocation Context
Nominal Salary
$129,290
Gross Pay
Real Wage (Purchasing Power)
$144,297
Adjusted for COL (89.6)
The average annual salary of $129,290 in New Mexico offers considerable purchasing power, especially when contrasted with the state's Cost of Living Index of 89.6, which is below the national average of 100. This means that the nominal salary translates to a higher real income, allowing Chemists to enjoy a better standard of living compared to many other parts of the country.
Job Market Context
210
Total Jobs
0.239
Per 1K Jobs
0.44
Location Quotient
At 0.44x, New Mexico has a notably lower concentration of Chemists jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.44 indicates that Chemists are less concentrated in New Mexico compared to the national average. This suggests that while the overall number of chemists might be smaller, the demand within specific industries may be robust, potentially leading to competitive opportunities for skilled professionals seeking employment in the state.
Nearby Job Markets
Nearby Cities for Chemists
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Chemists Salary | $130,060↑ 1% | 29 mi |
Comparing salaries near New Mexico
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Frequently Asked Questions
How much does a Chemists make in New Mexico?
The median annual salary for a Chemists in New Mexico is $129,290. This typically ranges from $52,020 for entry-level positions to $200,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Mexico is 37.5% higher than the national median of $94,000.
Is New Mexico a lucrative place for Chemists?
Yes, New Mexico offers a lucrative environment for Chemists.The average salary of $129,290 significantly exceeds the national average, and the lower cost of living further enhances the financial attractiveness for professionals in this field.
Is New Mexico a good place to live for Chemists?
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 ($130,060) and others.
How does the New Mexico chemist salary compare to the national average?
Chemists in New Mexico earn an average of $129,290 annually, which is substantially higher than the national average of $94,000.
What is the concentration of Chemists in New Mexico?
The concentration of Chemists in New Mexico, indicated by a Location Quotient of 0.44, is below the national average, suggesting a more specialized job market.
Is the cost of living high for Chemists in New Mexico?
No, the cost of living in New Mexico is below the national average, with an index of 89.6, making the high average salary particularly advantageous.
How many Chemists are employed in New Mexico?
There are approximately 210 Chemists employed within New Mexico, representing a focused segment of the state's workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the New Mexico area with a job density of 0.239 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Chemists • Data source: BLS OEWS 2024 •Jobs in New Mexico