Average Electrical Engineers Salary in Albuquerque, NM
Electrical Engineers in Albuquerque, NM, command an impressive average annual salary of $149,040, significantly outpacing the national average of $121,030. This substantial difference is driven by a confluence of factors specific to the Albuquerque market, including specialized industry demand and a concentrated pool of talent that elevates compensation for these critical roles.
Executive Summary
- Average Salary: $149,040 per year.
- Growth Trend: Salaries have shifted 23.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $181,550.
- Outlook: Albuquerque's Electrical Engineer job market demonstrates considerable robustness, underscored by a local workforce of 1,270 professionals. The Location Quotient of 2.59 indicates a concentration of these roles that is more than double the national average, suggesting strong and sustained demand for electrical engineering expertise within the region.
Salary Overview
The average Electrical Engineers in Albuquerque, NM earns+23.1%above the national average.
$71.7
$2,866
$12,420
Electrical Engineers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Electrical Engineers in Albuquerque have experienced consistent growth over the past four years, mirroring national trends. Factors such as technological advancements, infrastructure development, and increasing demand for specialized engineering skills likely contribute to this upward trajectory in compensation.
Electrical Engineers Salary Distribution in Albuquerque, NM
The salary spectrum for Electrical Engineers in Albuquerque, NM, naturally widens with experience. Entry-level positions typically start at the lower end of the pay scale, while senior engineers with extensive project management and design expertise can command salaries well into the upper percentiles. These percentile gaps are indicative of significant career progression opportunities and the increasing value placed on seasoned professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $92,950 | $44.7 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $111,780 | $53.7 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $143,850 | $69.2 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $186,300 | $89.6 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $181,550 | $87.3 |
Detailed Electrical Engineers Market Analysis
Relocation Context
Nominal Salary
$149,040
Gross Pay
Real Wage (Purchasing Power)
$149,040
Adjusted for COL (100)
The average annual salary of $149,040 for Electrical Engineers in Albuquerque, NM, aligns perfectly with the national average cost of living (100). This means that the purchasing power of an Electrical Engineer's salary in Albuquerque is equivalent to the national standard, offering a stable financial foundation without the immediate pressure of higher or lower living expenses.
Job Market Context
1,270
Total Jobs
3.171
Per 1K Jobs
2.59
Location Quotient
Albuquerque, NM has 2.6x the national concentration of Electrical Engineers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 2.59, Albuquerque exhibits a significantly higher concentration of Electrical Engineers compared to the national average. This suggests a specialized and potentially competitive market where demand for these professionals is robust, possibly driven by key industries or research institutions within the area, making it an attractive hub for electrical engineering talent.
Nearby Job Markets
Nearby Cities for Electrical Engineers
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Electrical Engineers Salary | $115,690↓ 22% | 29 mi |
| Northern New Mexico nonmetropolitan area Electrical Engineers Salary | $184,430↑ 24% | 29 mi |
Comparing salaries near Albuquerque, NM
Hiring Electrical Engineerss?
Frequently Asked Questions
How much does a Electrical Engineers make in Albuquerque, NM?
The median annual salary for a Electrical Engineers in Albuquerque, NM is $149,040. This typically ranges from $92,950 for entry-level positions to $181,550 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 23.1% higher than the national median of $121,030.
Is Albuquerque, NM a lucrative place for Electrical Engineers?
Yes, Albuquerque, NM is a lucrative location for Electrical Engineers.Electrical Engineers in Albuquerque earn an average of $149,040 annually, substantially higher than the national average, while maintaining a cost of living on par with the national index.
Is Albuquerque, NM a good place to live for Electrical Engineers?
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 ($115,690) and Northern New Mexico nonmetropolitan area.
How does the Electrical Engineer salary in Albuquerque compare to the national average?
Electrical Engineers in Albuquerque earn an average of $149,040 per year, which is considerably higher than the national average salary of $121,030.
What is the job concentration for Electrical Engineers in Albuquerque?
Albuquerque has a job concentration, measured by Location Quotient, of 2.59, indicating that the presence of Electrical Engineers is more than 2.5 times the national average.
How does the cost of living affect the Electrical Engineer salary in Albuquerque?
The cost of living in Albuquerque is exactly at the national average (100), meaning the higher nominal salary of $149,040 offers strong purchasing power equivalent to the national standard.
What does the number of Electrical Engineers per 1,000 workers suggest about the market?
With 3.171 Electrical Engineers per 1,000 workers, Albuquerque shows a notable presence of this profession, reinforcing the idea of a strong local demand and specialized job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,270 employees in the Albuquerque, NM area with a job density of 3.171 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 Engineers • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM