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Average Dentists, General Salary in New Mexico

General Dentists in New Mexico earn an average annual salary of $191,570. This figure is slightly below the national average of $196,440, suggesting that while demand is present, other market factors may be influencing compensation. The specific economic landscape and healthcare infrastructure within New Mexico play a crucial role in shaping these salary outcomes.

Executive Summary

  • Average Salary: $191,570 per year.
  • Growth Trend: Salaries have shifted 14.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $287,355.
  • Outlook: With a local workforce of 660 General Dentists, New Mexico demonstrates a stable presence in this healthcare sector. The Location Quotient of 1.04 indicates a concentration of these professionals that is very close to the national average, suggesting a balanced and consistent demand for dental services across the state.
2024 Market Data

Salary Overview

$191,570

The average Dentists, General in New Mexico earns-2.5%below the national average.

BreakdownBased on 40h/week
Hourly

$92.1

Weekly

$3,684

Monthly

$15,964

Dentists, General Salary Distribution in New Mexico

The salary progression for General Dentists in New Mexico typically scales significantly with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries well into the higher percentiles. These percentile gaps are a clear indicator of career advancement and the value placed on accumulated expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$120,620$58
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$143,678$69.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$171,730$82.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$239,463$115.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$287,355$138.2

Detailed Dentists, General Market Analysis

Relocation Context

Nominal Salary

$191,570

Gross Pay

Real Wage (Purchasing Power)

$213,806

Adjusted for COL (89.6)

The average annual salary of $191,570 in New Mexico presents a favorable financial situation when considering the local cost of living. With a Cost of Living Index of 89.6, which is below the national average of 100, the nominal salary offers a strong purchasing power, allowing dentists to maintain a comfortable lifestyle relative to national standards.

Job Market Context

660

Total Jobs

0.763

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, New Mexico has a slightly higher-than-average concentration of Dentists, General roles compared to the national norm.

A Location Quotient of 1.04 for General Dentists in New Mexico signifies a job market that is almost perfectly aligned with the national average in terms of professional concentration. This suggests a competitive yet stable environment where the number of dentists is proportionate to the population's needs, indicating neither an oversupply nor a significant undersupply of dental professionals.

Nearby Job Markets

Nearby Cities for Dentists, General

CitySalaryDist.
Albuquerque, NM Dentists, General Salary$192,440↑ 0%29 mi
Santa Fe, NM Dentists, General Salary$195,470↑ 2%59 mi

Comparing salaries near New Mexico

Hiring Dentists, Generals?

Frequently Asked Questions

How much does a Dentists, General make in New Mexico?

The median annual salary for a Dentists, General in New Mexico is $191,570. This typically ranges from $120,620 for entry-level positions to $287,355 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Mexico is 2.5% lower than the national median of $196,440.

Is New Mexico a lucrative place for Dentists, Generals?

Yes, with a caveat.New Mexico offers a competitive salary of $191,570, which, when combined with a cost of living below the national average, provides strong purchasing power for dentists.

Is New Mexico a good place to live for Dentists, Generals?

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 ($192,440) and Santa Fe, NM.

How does the New Mexico dentist salary compare to the national average?

The average annual salary for General Dentists in New Mexico is $191,570, which is slightly lower than the national average of $196,440.

What is the concentration of General Dentists in New Mexico?

New Mexico has a Location Quotient of 1.04 for General Dentists, indicating a concentration that is very close to the national average.

How does the cost of living in New Mexico affect a dentist's salary?

With a Cost of Living Index of 89.6, New Mexico's lower cost of living means that the average salary of $191,570 offers greater purchasing power than it might in a higher-cost state.

What is the total workforce of General Dentists in New Mexico?

There are approximately 660 General Dentists employed in New Mexico.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 660 employees in the New Mexico area with a job density of 0.763 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Dentists, General • Data source: BLS OEWS 2024 •Jobs in New Mexico