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Average Industrial Engineers Salary in Albuquerque, NM

Industrial Engineers in Albuquerque, NM, command an impressive average annual salary of $133,090, significantly surpassing the national average of $107,860. This elevated compensation reflects the specific demands and economic landscape of the Albuquerque metropolitan area, where specialized engineering talent is valued.

Executive Summary

  • Average Salary: $133,090 per year.
  • Growth Trend: Salaries have shifted 13.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $206,330.
  • Outlook: Albuquerque's Industrial Engineer job market, while not as concentrated as the national average with a Location Quotient of 0.64, supports a local workforce of 580 professionals. The presence of nearly 1.5 jobs per 1,000 workers indicates a steady, albeit not booming, demand for these critical roles within the region's industrial and manufacturing sectors.
2024 Market Data

Salary Overview

$133,090

The average Industrial Engineers in Albuquerque, NM earns+23.4%above the national average.

BreakdownBased on 40h/week
Hourly

$64

Weekly

$2,559

Monthly

$11,091

Industrial Engineers Salary Distribution in Albuquerque, NM

The career path for Industrial Engineers in Albuquerque offers substantial salary progression. Entry-level positions typically start lower, but with accumulated experience and demonstrated expertise, professionals can advance to senior roles commanding salaries well above the average. The widening gap between entry-level and senior-level pay scales signifies clear opportunities for career growth and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$82,560$39.7
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$99,818$48
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$125,480$60.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$166,363$80
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$206,330$99.2

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$133,090

Gross Pay

Real Wage (Purchasing Power)

$133,090

Adjusted for COL (100)

An average annual salary of $133,090 in Albuquerque, NM, offers excellent purchasing power. With a Cost of Living Index of 100, which is precisely the national average, your earnings will translate directly to the typical American lifestyle without significant financial strain. This makes Albuquerque an attractive location for Industrial Engineers seeking both professional fulfillment and financial stability.

Job Market Context

580

Total Jobs

1.447

Per 1K Jobs

0.64

Location Quotient

Below Average

Albuquerque, NM has 0.64x the national average concentration of Industrial Engineers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.64 suggests that Industrial Engineers are less concentrated in Albuquerque compared to the national average. This indicates that while the demand exists, the supply of specialized talent may be more limited, potentially leading to competitive compensation packages for qualified professionals seeking to fill these roles within the local market.

Nearby Job Markets

Nearby Cities for Industrial Engineers

Comparing salaries near Albuquerque, NM

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in Albuquerque, NM?

The median annual salary for a Industrial Engineers in Albuquerque, NM is $133,090. This typically ranges from $82,560 for entry-level positions to $206,330 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albuquerque, NM is 23.4% higher than the national median of $107,860.

Is Albuquerque, NM a lucrative place for Industrial Engineers?

Yes, Albuquerque, NM is a lucrative place for Industrial Engineers.Industrial Engineers in Albuquerque earn significantly above the national average salary. Coupled with a cost of living that matches the national average, this makes the city a financially attractive location for the profession.

Is Albuquerque, NM a good place to live for Industrial Engineers?

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 ($117,920) and Northern New Mexico nonmetropolitan area.

What is the average salary for an Industrial Engineer in Albuquerque, NM?

The average annual salary for an Industrial Engineer in Albuquerque, NM is $133,090.

How does Albuquerque's cost of living compare to the national average?

Albuquerque's cost of living is exactly at the national average, with a Cost of Living Index of 100.

Is there high demand for Industrial Engineers in Albuquerque?

While the concentration (Location Quotient) is below the national average, there are still 1.447 jobs per 1,000 workers, indicating a steady demand for Industrial Engineers.

How does experience affect an Industrial Engineer's salary in Albuquerque?

Experience significantly impacts salary, with entry-level positions earning less than senior roles. The progression from junior to senior levels offers substantial earning potential.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 580 employees in the Albuquerque, NM area with a job density of 1.447 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.