Average Human Resources Managers Salary in Albuquerque, NM
Human Resources Managers in Albuquerque, NM, earn an average annual salary of $130,870. This figure is notably below the national average of $164,620, reflecting a localized compensation structure influenced by regional economic factors and the specific demand within the Albuquerque market. While the nominal salary is lower, understanding the cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $130,870 per year.
- Growth Trend: Salaries have shifted 18.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $189,190.
- Outlook: The Albuquerque HR Manager job market, with a total local workforce of 350 professionals, indicates a moderate presence. The Location Quotient of 0.63 suggests that HR Manager roles are less concentrated in Albuquerque compared to the national average, implying a potentially less saturated but also less robust demand for these specialized positions within the immediate region.
Salary Overview
The average Human Resources Managers in Albuquerque, NM earns-20.5%below the national average.
$62.9
$2,517
$10,906
Human Resources Managers Salary Trends (2020-2024)
While specific historical data for Albuquerque HR Manager salaries is not provided, it is generally assumed that compensation for such roles has experienced a steady upward trend over the past four years, mirroring national economic growth and increasing demand for skilled HR professionals. This growth is typically driven by evolving labor laws, company expansion, and the increasing complexity of workforce management.
Human Resources Managers Salary Distribution in Albuquerque, NM
Salary progression for Human Resources Managers in Albuquerque, as elsewhere, is significantly tied to experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can expect to earn considerably more, often reaching into the upper percentiles. The gap between entry-level and senior roles signifies substantial career growth opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $78,920 | $37.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $98,153 | $47.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $121,380 | $58.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $163,588 | $78.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $189,190 | $91 |
Detailed Human Resources Managers Market Analysis
Relocation Context
Nominal Salary
$130,870
Gross Pay
Real Wage (Purchasing Power)
$130,870
Adjusted for COL (100)
The average annual salary of $130,870 in Albuquerque aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an HR Manager's salary in Albuquerque is equivalent to that of an HR Manager earning the national average salary in a location with a national average cost of living. Therefore, the nominal salary translates directly to the local economic reality without significant inflation or deflationary impact.
Job Market Context
350
Total Jobs
0.883
Per 1K Jobs
0.63
Location Quotient
Albuquerque, NM has 0.63x the national average concentration of Human Resources Managers 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 0.63, the market for Human Resources Managers in Albuquerque is less concentrated than the national average. This suggests that while there is a consistent need for HR expertise, the number of HR Manager roles per capita is lower than the national benchmark. This could indicate a more competitive environment for job seekers or a market with fewer specialized opportunities compared to more densely populated or industrially diverse regions.
Nearby Job Markets
Nearby Cities for Human Resources Managers
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Human Resources Managers Salary | $136,410↑ 4% | 29 mi |
| Northern New Mexico nonmetropolitan area Human Resources Managers Salary | $122,450↓ 6% | 29 mi |
| Santa Fe, NM Human Resources Managers Salary | $111,820↓ 15% | 54 mi |
Comparing salaries near Albuquerque, NM
Hiring Human Resources Managerss?
Frequently Asked Questions
How much does a Human Resources Managers make in Albuquerque, NM?
The median annual salary for a Human Resources Managers in Albuquerque, NM is $130,870. This typically ranges from $78,920 for entry-level positions to $189,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 20.5% lower than the national median of $164,620.
Is Albuquerque, NM a lucrative place for Human Resources Managers?
No, not when compared to the national average.While the average salary of $130,870 is substantial, it falls below the national average of $164,620. However, the cost of living being at the national average means the salary's purchasing power is equivalent nationally.
Is Albuquerque, NM a good place to live for Human Resources Managers?
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 ($136,410) and Northern New Mexico nonmetropolitan area.
How does Albuquerque's HR Manager salary compare to the national average?
The average annual salary for Human Resources Managers in Albuquerque, NM, is $130,870, which is lower than the national average of $164,620.
What is the cost of living in Albuquerque, NM for HR Managers?
Albuquerque's cost of living index is 100, which is exactly the national average. This means the purchasing power of an HR Manager's salary in Albuquerque is comparable to the national average.
Is the job market for HR Managers strong in Albuquerque?
The market is less concentrated than the national average, with a Location Quotient of 0.63, suggesting fewer HR Manager roles per capita compared to the national benchmark.
How many HR Managers are there in Albuquerque?
There are approximately 350 Human Resources Managers in the local workforce in Albuquerque, NM.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Albuquerque, NM area with a job density of 0.883 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Human Resources Managers • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM