Average Counter and Rental Clerks Salary in Albuquerque, NM
Counter and Rental Clerks in Albuquerque, NM, earn an average annual salary of $41,220. This figure is slightly below the national average of $43,680, a common trend in areas with a cost of living that aligns with the national median. Local economic factors and industry demand play a significant role in shaping compensation for these roles within the city.
Executive Summary
- Average Salary: $41,220 per year.
- Growth Trend: Salaries have shifted 21.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,190.
- Outlook: Albuquerque supports a local workforce of 1,340 Counter and Rental Clerks, with 3.33 jobs per 1,000 workers. The Location Quotient of 1.29 indicates a higher concentration of these roles compared to the national average, suggesting a robust and potentially growing demand for skilled clerks within the local market.
Salary Overview
The average Counter and Rental Clerks in Albuquerque, NM earns-5.6%below the national average.
$19.8
$793
$3,435
Counter and Rental Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Counter and Rental Clerks in Albuquerque have seen modest growth over the past four years, mirroring general economic trends and inflation. Increased demand for rental services and retail operations likely contributes to a steady upward trajectory in compensation.
Counter and Rental Clerks Salary Distribution in Albuquerque, NM
Career progression for Counter and Rental Clerks in Albuquerque typically involves moving from entry-level positions to more senior roles. As clerks gain experience and develop specialized skills, their earning potential increases significantly, with senior positions commanding higher salaries than those at the beginning of their careers. The salary distribution reflects these opportunities for advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $28,020 | $13.5 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $30,915 | $14.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $35,810 | $17.2 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $51,525 | $24.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $61,190 | $29.4 |
Detailed Counter and Rental Clerks Market Analysis
Relocation Context
Nominal Salary
$41,220
Gross Pay
Real Wage (Purchasing Power)
$41,220
Adjusted for COL (100)
With an average annual salary of $41,220 and a Cost of Living Index of 100 (matching the national average), Counter and Rental Clerks in Albuquerque experience a salary that is directly in line with the typical U.S. cost of living. This means that the nominal income holds its purchasing power consistently with the national median.
Job Market Context
1,340
Total Jobs
3.33
Per 1K Jobs
1.29
Location Quotient
With a location quotient of 1.29, Albuquerque, NM has a slightly higher-than-average concentration of Counter and Rental Clerks roles compared to the national norm.
Albuquerque's Location Quotient of 1.29 for Counter and Rental Clerks signifies a notable concentration of these jobs relative to the national average. This suggests that the job market in Albuquerque is more active and potentially offers more opportunities for these professionals than in many other U.S. cities, indicating a favorable environment for job seekers.
Nearby Job Markets
Nearby Cities for Counter and Rental Clerks
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Counter and Rental Clerks Salary | $40,860↓ 1% | 29 mi |
| Northern New Mexico nonmetropolitan area Counter and Rental Clerks Salary | $36,150↓ 12% | 29 mi |
| Santa Fe, NM Counter and Rental Clerks Salary | $40,690↓ 1% | 54 mi |
Comparing salaries near Albuquerque, NM
Hiring Counter and Rental Clerkss?
Frequently Asked Questions
How much does a Counter and Rental Clerks make in Albuquerque, NM?
The median annual salary for a Counter and Rental Clerks in Albuquerque, NM is $41,220. This typically ranges from $28,020 for entry-level positions to $61,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 5.6% lower than the national median of $43,680.
Is Albuquerque, NM a lucrative place for Counter and Rental Clerks?
Moderately lucrative, with strong local demand.While the average salary is slightly below the national average, the strong local concentration (LQ of 1.29) and cost of living matching the national average suggest stable employment opportunities and fair compensation relative to expenses.
Is Albuquerque, NM a good place to live for Counter and Rental Clerks?
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 ($40,860) and Northern New Mexico nonmetropolitan area.
How does experience impact salary for Counter and Rental Clerks in Albuquerque?
Experience is a key driver of salary increases. Entry-level positions typically offer lower pay, while senior clerks with extensive experience and specialized skills can command significantly higher salaries, reflecting their value to employers.
What is the significance of the Location Quotient (LQ) for this role in Albuquerque?
An LQ of 1.29 indicates that Counter and Rental Clerks are more concentrated in Albuquerque than the national average. This suggests a higher demand and potentially more job openings for this profession within the local economy.
How does Albuquerque's cost of living compare to the national average for Counter and Rental Clerks?
Albuquerque's Cost of Living Index is 100, which is exactly the national average. This means that the $41,220 average salary has purchasing power equivalent to the national median, making it neither exceptionally high nor low in real terms.
What is the total number of Counter and Rental Clerk jobs in Albuquerque?
There are approximately 1,340 Counter and Rental Clerks employed in Albuquerque, NM. This local workforce size contributes to the overall job market dynamics for this profession in the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,340 employees in the Albuquerque, NM area with a job density of 3.33 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Counter and Rental Clerks • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM