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Average Helpers--Extraction Workers Salary in New Mexico

Helpers--Extraction Workers in New Mexico earn an average annual salary of $44,530. This figure is notably below the national average of $50,330, indicating that regional economic factors and industry demand play a significant role in compensation within the state. The specific pay rates are influenced by the concentration of extraction industries and the overall economic landscape of New Mexico.

Executive Summary

  • Average Salary: $44,530 per year.
  • Growth Trend: Salaries have shifted 15.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $56,440.
  • Outlook: The job market for Helpers--Extraction Workers in New Mexico, while having a modest total workforce of 300, shows a strong concentration with a Location Quotient of 7.94. This high quotient suggests that the demand for these roles is significantly higher in New Mexico compared to the national average, indicating a robust and specialized job market despite the smaller overall worker pool.
2024 Market Data

Salary Overview

$44,530

The average Helpers--Extraction Workers in New Mexico earns-11.5%below the national average.

BreakdownBased on 40h/week
Hourly

$21.4

Weekly

$856

Monthly

$3,711

Helpers--Extraction Workers Salary Distribution in New Mexico

The career path for Helpers--Extraction Workers typically involves a progression from entry-level positions to more senior roles, with corresponding salary increases. While specific percentile data is unavailable, the gap between starting and experienced worker salaries generally widens with increased responsibility, specialized skills, and years of service, signifying clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$32,490$15.6
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$33,398$16.1
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$44,340$21.3
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$55,663$26.8
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$56,440$27.1

Detailed Helpers--Extraction Workers Market Analysis

Relocation Context

Nominal Salary

$44,530

Gross Pay

Real Wage (Purchasing Power)

$49,699

Adjusted for COL (89.6)

The nominal average annual salary of $44,530 in New Mexico presents a favorable financial situation when considered against the local Cost of Living Index of 89.6. This index is below the national average of 100, meaning that the purchasing power of the salary is likely higher in New Mexico than in areas with a higher cost of living, making the stated income more substantial in practice.

Job Market Context

300

Total Jobs

0.346

Per 1K Jobs

7.94

Location Quotient

Major Hub

New Mexico has 7.9x the national concentration of Helpers--Extraction Workers 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 7.94, New Mexico exhibits a highly concentrated market for Helpers--Extraction Workers, far exceeding the national average. This indicates that the state is a significant hub for this profession, suggesting a competitive environment for employers seeking talent but potentially offering ample opportunities for workers specializing in extraction roles.

Nearby Job Markets

Hiring Helpers--Extraction Workerss?

Frequently Asked Questions

How much does a Helpers--Extraction Workers make in New Mexico?

The median annual salary for a Helpers--Extraction Workers in New Mexico is $44,530. This typically ranges from $32,490 for entry-level positions to $56,440 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Mexico is 11.5% lower than the national median of $50,330.

Is New Mexico a lucrative place for Helpers--Extraction Workerss?

Yes, with a caveat regarding cost of living.While the average salary is below the national average, New Mexico's lower cost of living enhances the purchasing power of the $44,530 income. The high concentration of these jobs also indicates strong local demand.

Is New Mexico a good place to live for Helpers--Extraction Workers?

With a Cost of Living Index of 89.6 (lower than the national average of 100), your salary goes further here.

How does the New Mexico salary compare to the national average?

The average annual salary for Helpers--Extraction Workers in New Mexico is $44,530, which is lower than the national average of $50,330.

What does the Location Quotient of 7.94 mean for this role in New Mexico?

A Location Quotient of 7.94 signifies that Helpers--Extraction Workers are nearly eight times more concentrated in New Mexico than the national average, indicating a specialized and in-demand job market within the state.

How does the cost of living affect the value of the salary?

With a Cost of Living Index of 89.6, New Mexico is more affordable than the national average. This means the $44,530 salary likely offers a better purchasing power than it would in a higher cost-of-living area.

What is the approximate size of the workforce for this role in New Mexico?

The total local workforce for Helpers--Extraction Workers in New Mexico is approximately 300 individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the New Mexico area with a job density of 0.346 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.