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Average Computer and Mathematical Occupations Salary in Albuquerque, NM

In Albuquerque, NM, professionals in Computer and Mathematical Occupations earn an average annual salary of $96,830. This figure is notably below the national average of $119,220, suggesting that local market dynamics, industry concentration, and potentially the cost of doing business in the region influence compensation levels for these high-demand roles.

Executive Summary

  • Average Salary: $96,830 per year.
  • Growth Trend: Salaries have shifted 19.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $160,400.
  • Outlook: Albuquerque's market for Computer and Mathematical Occupations is substantial, with a local workforce of 12,400 individuals. The location quotient of 0.92 indicates a presence that is nearly on par with the national average, suggesting a stable and established demand for these specialized skills within the city's economy.
2024 Market Data

Salary Overview

$96,830

The average Computer and Mathematical Occupations in Albuquerque, NM earns-18.8%below the national average.

BreakdownBased on 40h/week
Hourly

$46.6

Weekly

$1,862

Monthly

$8,069

Computer and Mathematical Occupations Salary Distribution in Albuquerque, NM

Salary progression within Computer and Mathematical Occupations in Albuquerque is significantly influenced by experience. Entry-level positions typically command lower salaries, while senior and specialized roles can see compensation increase substantially, often reaching well into the six figures. The widening gap between entry-level and senior-level pay reflects the value placed on expertise and demonstrated success in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$45,340$21.8
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$72,623$34.9
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$87,920$42.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$121,038$58.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$160,400$77.1

Detailed Computer and Mathematical Occupations Market Analysis

Relocation Context

Nominal Salary

$96,830

Gross Pay

Real Wage (Purchasing Power)

$96,830

Adjusted for COL (100)

The average annual salary of $96,830 in Albuquerque aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering a balanced financial landscape for professionals considering a move to the area.

Job Market Context

12,400

Total Jobs

30.895

Per 1K Jobs

0.92

Location Quotient

Below Average

Albuquerque, NM has 0.92x the national average concentration of Computer and Mathematical Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a location quotient of 0.92, Albuquerque's market for Computer and Mathematical Occupations is slightly less concentrated than the national average. This suggests a healthy, competitive job market where demand is present but not overwhelmingly saturated, offering good opportunities for skilled professionals without excessive competition.

Nearby Job Markets

Nearby Cities for Computer and Mathematical Occupations

Comparing salaries near Albuquerque, NM

Hiring Computer and Mathematical Occupationss?

Frequently Asked Questions

How much does a Computer and Mathematical Occupations make in Albuquerque, NM?

The median annual salary for a Computer and Mathematical Occupations in Albuquerque, NM is $96,830. This typically ranges from $45,340 for entry-level positions to $160,400 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albuquerque, NM is 18.8% lower than the national median of $119,220.

Is Albuquerque, NM a lucrative place for Computer and Mathematical Occupationss?

No, not as lucrative as the national average.While Albuquerque offers a solid average salary of $96,830, it falls below the national average of $119,220 for Computer and Mathematical Occupations. However, the cost of living is at the national average, making the salary's purchasing power comparable.

Is Albuquerque, NM a good place to live for Computer and Mathematical Occupations?

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 ($81,860) and Northern New Mexico nonmetropolitan area.

What is the average salary for Computer and Mathematical Occupations in Albuquerque, NM?

The average annual salary for Computer and Mathematical Occupations in Albuquerque, NM is $96,830.

How does Albuquerque's salary for these roles compare to the national average?

The average salary in Albuquerque ($96,830) is lower than the national average ($119,220).

What is the cost of living in Albuquerque, NM?

Albuquerque's cost of living index is 100, which is exactly the national average.

How concentrated is the job market for Computer and Mathematical Occupations in Albuquerque?

The job market is slightly less concentrated than the national average, with a location quotient of 0.92.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 12,400 employees in the Albuquerque, NM area with a job density of 30.895 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.