Average Financial Managers Salary in Las Cruces, NM
The average salary for Financial Managerss in Las Cruces, NM is $123,530. While this is lower than the national average, the cost of living in Las Cruces, NM may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $123,530 per year.
- Growth Trend: Salaries have shifted 34.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $184,700.
- Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 140 professionals. This role remains a specialized component of the broader Las Cruces, NM economy.
Salary Overview
The average Financial Managers in Las Cruces, NM earns-33.0%below the national average.
$59.4
$2,376
$10,294
Financial Managers Salary Trends (2020-2024)
Over the past 4 years, Financial Managers salaries in Las Cruces, NM have experienced a rapid surge, growing by 34.4%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Managers Salary Distribution in Las Cruces, NM
The earning potential for Financial Managerss in Las Cruces, NM varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $78,100, while highly experienced professionals can command wages upwards of $184,700.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $78,100 | $37.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $92,648 | $44.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $113,660 | $54.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $154,413 | $74.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $184,700 | $88.8 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$123,530
Gross Pay
Real Wage (Purchasing Power)
$123,530
Adjusted for COL (100)
In Las Cruces, NM, the Cost of Living Index is 100. This increases your effective purchasing power from $123,530 to $123,530.
Job Market Context
140
Total Jobs
1.796
Per 1K Jobs
0.34
Location Quotient
At 0.34x, Las Cruces, NM has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
140 people work as Financial Managers in Las Cruces, NM.
1.796 out of every 1,000 local jobs are Financial Managers positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| El Paso, TX Financial Managers Salary | $141,090↑ 14% | 39 mi |
Comparing salaries near Las Cruces, NM
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Las Cruces, NM?
The median annual salary for a Financial Managers in Las Cruces, NM is $123,530. This typically ranges from $78,100 for entry-level positions to $184,700 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Las Cruces, NM is 33.0% lower than the national median of $184,480.
Is Las Cruces, NM a good place for Financial Managerss?
It depends on your priorities. While the average Financial Managers salary in Las Cruces, NM is $123,530 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Las Cruces, NM. See distinct detailed breakdown below.
Is Las Cruces, NM a good place to live for Financial Managers?
The Cost of Living Index in Las Cruces, NM is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Las Cruces, NM?
Some top paying nearby cities include El Paso, TX ($141,090) and others.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 140 employees in the Las Cruces, NM area with a job density of 1.796 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Las Cruces, NM