Average Healthcare Practitioners and Technical Occupations Salary in Albuquerque, NM
In Albuquerque, NM, Healthcare Practitioners and Technical Occupations earn an average annual salary of $103,690. This figure is slightly below the national average of $105,800, indicating a competitive but stable compensation landscape. Local economic factors and the specific demand within the Albuquerque healthcare sector likely influence this pay rate.
Executive Summary
- Average Salary: $103,690 per year.
- Growth Trend: Salaries have shifted 19.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $165,850.
- Outlook: Albuquerque's healthcare sector demonstrates a robust presence, with a total local workforce of 26,800 individuals in Healthcare Practitioner and Technical Occupations. The location quotient of 1.07 suggests a slightly higher concentration of these roles compared to the national average, signaling a healthy and potentially growing demand for skilled professionals in this field within the city.
Salary Overview
The average Healthcare Practitioners and Technical Occupations in Albuquerque, NM earns-2.0%below the national average.
$49.9
$1,994
$8,641
Healthcare Practitioners and Technical Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Healthcare Practitioners and Technical Occupations in Albuquerque have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by increasing healthcare needs, advancements in medical technology, and ongoing demand for specialized medical services.
Healthcare Practitioners and Technical Occupations Salary Distribution in Albuquerque, NM
Career progression within Healthcare Practitioner and Technical Occupations in Albuquerque significantly impacts earning potential. Entry-level positions typically start at the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies substantial opportunities for salary growth and career advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $39,500 | $19 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $77,768 | $37.4 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $85,180 | $41 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $129,613 | $62.3 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $165,850 | $79.7 |
Detailed Healthcare Practitioners and Technical Occupations Market Analysis
Relocation Context
Nominal Salary
$103,690
Gross Pay
Real Wage (Purchasing Power)
$103,690
Adjusted for COL (100)
The average annual salary of $103,690 in Albuquerque aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a healthcare professional's salary in Albuquerque is equivalent to that of their national counterparts, making it a financially stable environment for relocation.
Job Market Context
26,800
Total Jobs
66.784
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Albuquerque, NM has a slightly higher-than-average concentration of Healthcare Practitioners and Technical Occupations roles compared to the national norm.
With a location quotient of 1.07, Albuquerque exhibits a slightly higher concentration of Healthcare Practitioners and Technical Occupations than the national average. This suggests a competitive job market where demand is robust, potentially offering more opportunities than in areas with lower concentration, while also indicating a strong local infrastructure supporting these roles.
Nearby Job Markets
Nearby Cities for Healthcare Practitioners and Technical Occupations
Comparing salaries near Albuquerque, NM
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Frequently Asked Questions
How much does a Healthcare Practitioners and Technical Occupations make in Albuquerque, NM?
The median annual salary for a Healthcare Practitioners and Technical Occupations in Albuquerque, NM is $103,690. This typically ranges from $39,500 for entry-level positions to $165,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 2.0% lower than the national median of $105,800.
Is Albuquerque, NM a lucrative place for Healthcare Practitioners and Technical Occupationss?
Yes, Albuquerque offers a financially stable environment for these professionals.The average salary closely matches the national average, and the cost of living is also at the national average, ensuring comparable purchasing power for healthcare professionals.
Is Albuquerque, NM a good place to live for Healthcare Practitioners and Technical Occupations?
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 ($99,610) and Northern New Mexico nonmetropolitan area.
How does Albuquerque's average salary compare to the national average for Healthcare Practitioners?
The average annual salary in Albuquerque is $103,690, which is slightly below the national average of $105,800.
What is the cost of living in Albuquerque compared to the national average?
Albuquerque's cost of living index is 100, which is exactly the national average, indicating that the general cost of goods and services is comparable nationwide.
Is there a strong demand for Healthcare Practitioners and Technical Occupations in Albuquerque?
Yes, the location quotient of 1.07 suggests a slightly higher concentration of these jobs in Albuquerque compared to the national average, indicating a healthy demand.
How many Healthcare Practitioners and Technical Occupations are there in Albuquerque?
There are approximately 26,800 individuals employed in Healthcare Practitioner and Technical Occupations in Albuquerque.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 26,800 employees in the Albuquerque, NM area with a job density of 66.784 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Healthcare Practitioners and Technical Occupations • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM