Average Human Resources Specialists Salary in Northern New Mexico nonmetropolitan area
Human Resources Specialists in the Northern New Mexico nonmetropolitan area earn an average annual salary of $70,000. This figure is notably below the national average of $79,090, reflecting the unique economic landscape and demand dynamics present in this region. Factors such as local industry concentration and the overall cost of labor contribute to this regional pay differential.
Executive Summary
- Average Salary: $70,000 per year.
- Growth Trend: Salaries have shifted 36.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $100,420.
- Outlook: With a total local workforce of 470 Human Resources Specialists, the Northern New Mexico nonmetropolitan area exhibits a stable, albeit not expansive, job market for this profession. The Location Quotient of 0.95 indicates a concentration of HR Specialists that is nearly on par with the national average, suggesting a consistent, steady demand for these roles within the local economy.
Salary Overview
The average Human Resources Specialists in Northern New Mexico nonmetropolitan area earns-11.5%below the national average.
$33.7
$1,346
$5,833
Human Resources Specialists Salary Trends (2020-2024)
While specific historical data for this precise region is not provided, it is reasonable to assume that salaries for Human Resources Specialists in Northern New Mexico have experienced gradual growth over the past four years, mirroring national trends. Economic development and evolving HR needs likely contribute to a modest upward trajectory in compensation, aiming to keep pace with inflation and industry standards.
Human Resources Specialists Salary Distribution in Northern New Mexico nonmetropolitan area
Salary progression for Human Resources Specialists typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise and specialized skills can command salaries significantly higher than the average. The gap between entry-level and senior roles, often represented by salary percentiles, signifies clear opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,780 | $20.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,500 | $25.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $64,170 | $30.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $87,500 | $42.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $100,420 | $48.3 |
Detailed Human Resources Specialists Market Analysis
Relocation Context
Nominal Salary
$70,000
Gross Pay
Real Wage (Purchasing Power)
$70,000
Adjusted for COL (100)
The average annual salary of $70,000 in Northern New Mexico aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, the purchasing power of an HR Specialist's salary in this region is equivalent to that of their counterparts nationwide, offering a stable financial standing relative to local expenses.
Job Market Context
470
Total Jobs
5.648
Per 1K Jobs
0.95
Location Quotient
Northern New Mexico nonmetropolitan area has 0.95x the national average concentration of Human Resources Specialists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.95 suggests that Human Resources Specialists are present in Northern New Mexico at a concentration very close to the national average. This indicates a balanced job market where the supply of HR professionals is generally aligned with the demand from local businesses, implying a moderately competitive environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Human Resources Specialists
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Human Resources Specialists Salary | $75,820↑ 8% | 29 mi |
| Santa Fe, NM Human Resources Specialists Salary | $72,080↑ 3% | 59 mi |
Comparing salaries near Northern New Mexico nonmetropolitan area
Hiring Human Resources Specialistss?
Frequently Asked Questions
How much does a Human Resources Specialists make in Northern New Mexico nonmetropolitan area?
The median annual salary for a Human Resources Specialists in Northern New Mexico nonmetropolitan area is $70,000. This typically ranges from $42,780 for entry-level positions to $100,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern New Mexico nonmetropolitan area is 11.5% lower than the national median of $79,090.
Is Northern New Mexico nonmetropolitan area a lucrative place for Human Resources Specialists?
No, it is not exceptionally lucrative compared to national averages.While the average salary of $70,000 is stable relative to the cost of living, it falls below the national average of $79,090, indicating less lucrative compensation in this specific region.
Is Northern New Mexico nonmetropolitan area a good place to live for Human Resources Specialists?
The Cost of Living Index in Northern New Mexico nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern New Mexico nonmetropolitan area?
Some top paying nearby cities include Albuquerque, NM ($75,820) and Santa Fe, NM.
How does the Northern New Mexico HR Specialist salary compare to the national average?
The average salary for HR Specialists in Northern New Mexico is $70,000, which is $9,090 less than the national average of $79,090.
What is the concentration of HR Specialists in Northern New Mexico?
The concentration, measured by the Location Quotient, is 0.95, indicating that HR Specialists are present in this area at a rate very close to the national average.
How does the cost of living affect the $70,000 salary?
With a Cost of Living Index of 100 (the national average), the $70,000 salary offers purchasing power equivalent to the national average, meaning expenses are neither significantly higher nor lower than elsewhere in the US.
What does 'Jobs per 1,000 Workers' mean for HR Specialists in this area?
The figure of 5.648 jobs per 1,000 workers indicates that for every thousand individuals employed in the Northern New Mexico nonmetropolitan area, approximately 5.65 are Human Resources Specialists, showing a moderate presence of the role.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the Northern New Mexico nonmetropolitan area area with a job density of 5.648 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 Specialists • Data source: BLS OEWS 2024 •Jobs in Northern New Mexico nonmetropolitan area