Average Gambling Change Persons and Booth Cashiers Salary in New Mexico
Gambling Change Persons and Booth Cashiers in New Mexico earn an average annual salary of $35,020, slightly surpassing the national average of $34,340. This localized premium is influenced by New Mexico's specific economic conditions and the concentration of the gaming industry within the state. The demand for these roles, while specific, is met by a dedicated local workforce.
Executive Summary
- Average Salary: $35,020 per year.
- Growth Trend: Salaries have shifted 42.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,850.
- Outlook: With a total local workforce of 540 individuals and a Location Quotient of 4.38, the market for Gambling Change Persons and Booth Cashiers in New Mexico indicates a significant concentration of these roles relative to the national average. This suggests a robust and specialized demand within the state, implying a stable job market for those in this profession.
Salary Overview
The average Gambling Change Persons and Booth Cashiers in New Mexico earns+2.0%above the national average.
$16.8
$673
$2,918
Gambling Change Persons and Booth Cashiers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for roles like Gambling Change Persons and Booth Cashiers have seen modest growth over the past four years, mirroring broader economic trends and inflation adjustments. This upward trend is typical as the cost of living and demand for specialized service roles evolve.
Gambling Change Persons and Booth Cashiers Salary Distribution in New Mexico
Experience plays a crucial role in salary progression for Gambling Change Persons and Booth Cashiers. Entry-level positions typically start at the lower end of the pay scale, while senior or supervisory roles command higher compensation. The percentile gaps in salary distribution signify clear career progression pathways, rewarding accumulated expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $26,480 | $12.7 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $26,265 | $12.6 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $31,440 | $15.1 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $43,775 | $21 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $46,850 | $22.5 |
Detailed Gambling Change Persons and Booth Cashiers Market Analysis
Relocation Context
Nominal Salary
$35,020
Gross Pay
Real Wage (Purchasing Power)
$39,085
Adjusted for COL (89.6)
The average annual salary of $35,020 in New Mexico presents a favorable financial standing when considered against the state's Cost of Living Index of 89.6. This index, being below the national average of 100, suggests that the nominal salary offers a good purchasing power, making New Mexico an economically viable location for these professionals.
Job Market Context
540
Total Jobs
0.623
Per 1K Jobs
4.38
Location Quotient
New Mexico has 4.4x the national concentration of Gambling Change Persons and Booth Cashiers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 4.38 for Gambling Change Persons and Booth Cashiers in New Mexico is substantially higher than the national average of 1.0. This indicates a significant concentration of these jobs within the state, suggesting a highly specialized and potentially competitive market where demand outstrips the national average presence.
Nearby Job Markets
Nearby Cities for Gambling Change Persons and Booth Cashiers
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Gambling Change Persons and Booth Cashiers Salary | $38,350↑ 10% | 29 mi |
| Santa Fe, NM Gambling Change Persons and Booth Cashiers Salary | $37,460↑ 7% | 59 mi |
Comparing salaries near New Mexico
Hiring Gambling Change Persons and Booth Cashierss?
Frequently Asked Questions
How much does a Gambling Change Persons and Booth Cashiers make in New Mexico?
The median annual salary for a Gambling Change Persons and Booth Cashiers in New Mexico is $35,020. This typically ranges from $26,480 for entry-level positions to $46,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Mexico is 2.0% higher than the national median of $34,340.
Is New Mexico a lucrative place for Gambling Change Persons and Booth Cashierss?
Yes, it offers a slightly above-average salary and a lower cost of living.The average salary in New Mexico is higher than the national average, and the cost of living is below the national average, making it a financially advantageous location.
Is New Mexico a good place to live for Gambling Change Persons and Booth Cashiers?
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 ($38,350) and Santa Fe, NM.
How does the New Mexico salary compare to the national average?
The average annual salary for Gambling Change Persons and Booth Cashiers in New Mexico is $35,020, which is slightly higher than the national average of $34,340.
What is the concentration of this job in New Mexico?
New Mexico has a Location Quotient of 4.38, meaning the concentration of Gambling Change Persons and Booth Cashiers is more than four times the national average.
Is the cost of living high in New Mexico for this role?
No, the Cost of Living Index in New Mexico is 89.6, which is below the national average of 100, indicating a more affordable living environment.
How many Gambling Change Persons and Booth Cashiers work in New Mexico?
There are approximately 540 Gambling Change Persons and Booth Cashiers employed within 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 540 employees in the New Mexico area with a job density of 0.623 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Gambling Change Persons and Booth Cashiers • Data source: BLS OEWS 2024 •Jobs in New Mexico