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Average Healthcare Social Workers Salary in Albuquerque, NM

Healthcare Social Workers in Albuquerque, NM, earn an average annual salary of $67,200. This figure is slightly below the national average of $71,920, a common occurrence in markets where local economic factors and demand dynamics influence compensation structures. While the nominal salary may appear lower, it's crucial to consider the local economic landscape when evaluating earning potential.

Executive Summary

  • Average Salary: $67,200 per year.
  • Growth Trend: Salaries have shifted 17.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $87,470.
  • Outlook: The healthcare social work sector in Albuquerque, NM, comprises approximately 360 professionals. With a Location Quotient of 0.75, the concentration of these roles is slightly below the national average, suggesting a stable but not overly saturated job market. The presence of 0.904 jobs per 1,000 workers indicates a consistent demand for these essential services within the local healthcare ecosystem.
2024 Market Data

Salary Overview

$67,200

The average Healthcare Social Workers in Albuquerque, NM earns-6.6%below the national average.

BreakdownBased on 40h/week
Hourly

$32.3

Weekly

$1,292

Monthly

$5,600

Healthcare Social Workers Salary Distribution in Albuquerque, NM

Career progression for Healthcare Social Workers in Albuquerque typically involves a salary increase from entry-level to senior positions. While exact figures vary, experienced professionals often command salaries significantly higher than the reported average, reflecting their accumulated expertise, specialized skills, and increased responsibilities. The percentile gaps in salary distributions clearly signify the career trajectory and earning potential as one advances in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$44,320$21.3
Tenured / ProProfessional status. Curriculum development.25% (Junior)$50,400$24.2
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$67,170$32.3
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$84,000$40.4
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$87,470$42.1

Detailed Healthcare Social Workers Market Analysis

Relocation Context

Nominal Salary

$67,200

Gross Pay

Real Wage (Purchasing Power)

$67,200

Adjusted for COL (100)

The average annual salary of $67,200 in Albuquerque, NM, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Healthcare Social Worker's salary in Albuquerque is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services in the area.

Job Market Context

360

Total Jobs

0.904

Per 1K Jobs

0.75

Location Quotient

Below Average

Albuquerque, NM has 0.75x the national average concentration of Healthcare Social Workers 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 0.75, Albuquerque, NM, has a slightly lower concentration of Healthcare Social Workers compared to the national average. This suggests that while the profession is established, it is not as densely populated as in some other regions. This could translate to a more accessible job market for qualified professionals, potentially offering good opportunities for those seeking employment in this field.

Nearby Job Markets

Nearby Cities for Healthcare Social Workers

Comparing salaries near Albuquerque, NM

Hiring Healthcare Social Workerss?

Frequently Asked Questions

How much does a Healthcare Social Workers make in Albuquerque, NM?

The median annual salary for a Healthcare Social Workers in Albuquerque, NM is $67,200. This typically ranges from $44,320 for entry-level positions to $87,470 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albuquerque, NM is 6.6% lower than the national median of $71,920.

Is Albuquerque, NM a lucrative place for Healthcare Social Workers?

No, not exceptionally lucrative compared to the national average.While the salary of $67,200 is solid, it falls below the national average of $71,920. However, the cost of living being at the national average means the purchasing power is equivalent.

Is Albuquerque, NM a good place to live for Healthcare Social Workers?

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 ($59,410) and Northern New Mexico nonmetropolitan area.

What is the average salary for a Healthcare Social Worker in Albuquerque, NM?

The average annual salary for a Healthcare Social Worker in Albuquerque, NM is $67,200.

How does Albuquerque's cost of living compare 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 high demand for Healthcare Social Workers in Albuquerque?

The Location Quotient of 0.75 suggests a demand that is slightly below the national average concentration, indicating a stable but not exceptionally high demand relative to other areas.

How does experience affect a Healthcare Social Worker's salary in Albuquerque?

As with most professions, experience significantly impacts salary. Entry-level positions will earn less than the average, while senior or specialized roles can command substantially higher compensation, reflecting increased expertise and responsibility.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Albuquerque, NM area with a job density of 0.904 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.