Average Counter and Rental Clerks Salary in New Mexico
Counter and Rental Clerks in New Mexico earn an average annual salary of $40,160, which is slightly below the national average of $43,680. This difference can be attributed to various regional economic factors and the specific demand within the state's job market for these roles. Understanding these local dynamics is crucial for assessing compensation.
Executive Summary
- Average Salary: $40,160 per year.
- Growth Trend: Salaries have shifted 20.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $56,560.
- Outlook: With a total local workforce of 2,460 individuals in this role, New Mexico demonstrates a steady presence of Counter and Rental Clerks. The Location Quotient of 1.11 indicates a concentration of these jobs slightly above the national average, suggesting a healthy demand and a potentially robust job market within the state for this profession.
Salary Overview
The average Counter and Rental Clerks in New Mexico earns-8.1%below the national average.
$19.3
$772
$3,347
Counter and Rental Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Counter and Rental Clerks in New Mexico have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry demands typically drive incremental increases in compensation for such roles.
Counter and Rental Clerks Salary Distribution in New Mexico
Career progression for Counter and Rental Clerks in New Mexico typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command significantly higher salaries, reflecting the percentile gaps in compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $27,680 | $13.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $30,120 | $14.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $35,440 | $17 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $50,200 | $24.1 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $56,560 | $27.2 |
Detailed Counter and Rental Clerks Market Analysis
Relocation Context
Nominal Salary
$40,160
Gross Pay
Real Wage (Purchasing Power)
$44,821
Adjusted for COL (89.6)
The average salary of $40,160 in New Mexico is considerably advantageous when viewed against the state's Cost of Living Index of 89.6. This index, being below the national average of 100, means that the nominal salary offers a relatively strong purchasing power for residents, making the effective income higher than the raw number suggests.
Job Market Context
2,460
Total Jobs
2.863
Per 1K Jobs
1.11
Location Quotient
With a location quotient of 1.11, New Mexico has a slightly higher-than-average concentration of Counter and Rental Clerks roles compared to the national norm.
A Location Quotient of 1.11 signifies that Counter and Rental Clerk positions are 11% more concentrated in New Mexico than the national average. This suggests a slightly more competitive or specialized market, where employers may actively seek candidates with relevant experience, and the availability of talent is aligned with demand.
Nearby Job Markets
Nearby Cities for Counter and Rental Clerks
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Counter and Rental Clerks Salary | $41,220↑ 3% | 29 mi |
| Santa Fe, NM Counter and Rental Clerks Salary | $40,690↑ 1% | 59 mi |
Comparing salaries near New Mexico
Hiring Counter and Rental Clerkss?
Frequently Asked Questions
How much does a Counter and Rental Clerks make in New Mexico?
The median annual salary for a Counter and Rental Clerks in New Mexico is $40,160. This typically ranges from $27,680 for entry-level positions to $56,560 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Mexico is 8.1% lower than the national median of $43,680.
Is New Mexico a lucrative place for Counter and Rental Clerks?
Yes, with caveats.While the nominal salary is slightly below the national average, New Mexico's lower cost of living enhances the purchasing power of the $40,160 average salary. The job concentration also indicates steady demand.
Is New Mexico a good place to live for Counter and Rental Clerks?
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 ($41,220) and Santa Fe, NM.
How does the New Mexico salary compare to the national average?
The average annual salary for Counter and Rental Clerks in New Mexico is $40,160, which is approximately $3,520 less than the national average of $43,680.
What does the Location Quotient of 1.11 mean for job seekers?
A Location Quotient of 1.11 indicates that Counter and Rental Clerk jobs are slightly more concentrated in New Mexico than the national average, suggesting a potentially favorable job market for these roles within the state.
How does the cost of living affect the salary in New Mexico?
With a Cost of Living Index of 89.6 (below the national average of 100), the $40,160 salary in New Mexico offers better purchasing power than it might in a higher-cost state, making it relatively more valuable.
What is the total number of Counter and Rental Clerks in New Mexico?
There are approximately 2,460 Counter and Rental Clerks employed in New Mexico, representing 2.863 jobs per 1,000 workers in the state.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,460 employees in the New Mexico area with a job density of 2.863 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 New Mexico