In Albuquerque, NM, Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers earn an average annual salary of $38,570. This figure is notably below the national average of $45,940, suggesting that local market dynamics, such as industry demand and the cost of labor, play a significant role in compensation within this specific role in the region.
Executive Summary
- Average Salary: $38,570 per year.
- Growth Trend: Salaries have shifted 10.8% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $48,320.
- Outlook: The job market for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers in Albuquerque, NM, shows a moderate level of concentration, with a Location Quotient of 0.68. While the total local workforce of 460 indicates a presence, the sub-average LQ suggests that this specialization is less prevalent compared to the national landscape, implying a stable but not rapidly expanding demand.
Salary Overview
The average Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers in Albuquerque, NM earns-16.0%below the national average.
$18.5
$742
$3,214
Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Salary Trends (2020-2024)
While specific historical data for this niche role in Albuquerque is not provided, it is reasonable to assume that salaries for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers have experienced gradual growth over the past four years, mirroring general economic trends and inflation adjustments seen across many industries nationwide.
Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Salary Distribution in Albuquerque, NM
Career progression for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior or specialized roles command higher compensation. The percentile gaps in salary distribution signify clear opportunities for career advancement and increased earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $30,490 | $14.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $28,928 | $13.9 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $36,550 | $17.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $48,213 | $23.2 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $48,320 | $23.2 |
Detailed Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Market Analysis
Relocation Context
Nominal Salary
$38,570
Gross Pay
Real Wage (Purchasing Power)
$38,570
Adjusted for COL (100)
The average annual salary of $38,570 in Albuquerque, NM, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national standard, indicating that the lower pay is offset by a comparable cost of living.
Job Market Context
460
Total Jobs
1.156
Per 1K Jobs
0.68
Location Quotient
Albuquerque, NM has 0.68x the national average concentration of Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers 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 0.68, the market for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers in Albuquerque, NM, is less concentrated than the national average. This suggests that while opportunities exist, the job market is not saturated, and the demand may be more specialized or tied to specific local industries rather than broad national trends.
Nearby Job Markets
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Frequently Asked Questions
How much does a Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers make in Albuquerque, NM?
The median annual salary for a Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers in Albuquerque, NM is $38,570. This typically ranges from $30,490 for entry-level positions to $48,320 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 16.0% lower than the national median of $45,940.
Is Albuquerque, NM a lucrative place for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finisherss?
No, not particularly lucrative compared to the national average.The average salary of $38,570 is below the national average, although the cost of living is also at the national average, meaning purchasing power is similar.
Is Albuquerque, NM a good place to live for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers?
The Cost of Living Index in Albuquerque, NM is 100. While higher than average, this often correlates with higher wages.
How does the number of local workers affect job prospects?
With 460 local workers, the job market is present but not extensive, suggesting a stable but potentially competitive environment for new entrants.
What does a Location Quotient of 0.68 mean?
A Location Quotient of 0.68 indicates that this profession is less concentrated in Albuquerque compared to the national average, implying fewer specialized job opportunities relative to other regions.
How does experience impact salary for this role in Albuquerque?
Experience is a key driver of salary growth, with entry-level positions offering lower pay and senior roles commanding significantly higher compensation, reflecting increased skills and responsibilities.
Is the cost of living in Albuquerque a factor in the lower salary?
Yes, the cost of living in Albuquerque is at the national average (100), which helps to equalize the purchasing power of the $38,570 salary compared to the national average salary.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the Albuquerque, NM area with a job density of 1.156 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM