Average Chief Executives Salary in Albuquerque, NM
Chief Executives in Albuquerque, NM, command an average annual salary of $181,340. This figure is notably below the national average of $283,090, indicating that local economic factors and market demand play a significant role in compensation for these high-level positions within the city.
Executive Summary
- Average Salary: $181,340 per year.
- Growth Trend: Salaries have shifted 28.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $272,010.
- Outlook: The Chief Executive job market in Albuquerque presents a concentrated, albeit smaller, professional landscape with a total local workforce of 210 individuals in this role. The Location Quotient of 0.37 suggests that while the presence of Chief Executives is less than the national average, the existing professionals contribute to a specialized segment of the local economy.
Salary Overview
The average Chief Executives in Albuquerque, NM earns-35.9%below the national average.
$87.2
$3,487
$15,112
Chief Executives Salary Trends (2020-2024)
While specific historical data for Albuquerque's Chief Executive salaries isn't provided, it's generally assumed that compensation for executive roles across the nation, including in Albuquerque, has seen a steady upward trend over the past four years, mirroring broader economic growth and increasing demands on leadership.
Chief Executives Salary Distribution in Albuquerque, NM
Experience is a critical driver of salary for Chief Executives. Entry-level positions typically start at the lower end of the pay scale, while seasoned executives with extensive track records and proven leadership capabilities can command salaries significantly higher than the average. The percentile gaps in compensation clearly signify the career progression and value attributed to seniority and expertise in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $88,340 | $42.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $136,005 | $65.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $162,050 | $77.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $226,675 | $109 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $272,010 | $130.8 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$181,340
Gross Pay
Real Wage (Purchasing Power)
$181,340
Adjusted for COL (100)
The average annual salary of $181,340 for Chief Executives in Albuquerque aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an executive's salary in Albuquerque is equivalent to the national average, offering a stable financial environment without the added pressure of higher living expenses.
Job Market Context
210
Total Jobs
0.511
Per 1K Jobs
0.37
Location Quotient
At 0.37x, Albuquerque, NM has a notably lower concentration of Chief Executives jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.37, Albuquerque's market for Chief Executives is less concentrated than the national average. This suggests that while opportunities may be fewer compared to larger metropolitan areas, the demand for these specialized roles exists, and professionals in this field may find a less saturated, potentially more specialized, job market.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Chief Executives Salary | $113,630↓ 37% | 29 mi |
Comparing salaries near Albuquerque, NM
Hiring Chief Executivess?
Frequently Asked Questions
How much does a Chief Executives make in Albuquerque, NM?
The median annual salary for a Chief Executives in Albuquerque, NM is $181,340. This typically ranges from $88,340 for entry-level positions to $272,010 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 35.9% lower than the national median of $283,090.
Is Albuquerque, NM a lucrative place for Chief Executives?
No, not compared to the national average.While the average salary of $181,340 is substantial, it falls significantly short of the national average of $283,090. However, the cost of living is at the national average, mitigating some of the disparity.
Is Albuquerque, NM a good place to live for Chief Executives?
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 ($113,630) and others.
What is the average salary for a Chief Executive in Albuquerque, NM?
The average annual salary for a Chief Executive in Albuquerque, NM is $181,340.
How does Albuquerque's Chief Executive salary compare to the national average?
The average salary in Albuquerque ($181,340) is considerably lower than the national average ($283,090).
What is the Cost of Living Index in Albuquerque, NM?
Albuquerque's Cost of Living Index is 100, which is exactly the national average.
How concentrated is the Chief Executive job market in Albuquerque?
The market is less concentrated than the national average, with a Location Quotient of 0.37, indicating fewer Chief Executives per capita relative to the rest of the country.
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 Albuquerque, NM area with a job density of 0.511 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Chief Executives • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM