Average Installation, Maintenance, and Repair Occupations Salary in Albuquerque, NM
In Albuquerque, NM, professionals in Installation, Maintenance, and Repair Occupations earn an average annual salary of $55,510. This figure is slightly below the national average of $61,410, reflecting localized economic factors and demand within the region. The specific compensation in Albuquerque is influenced by the cost of living and the concentration of these essential roles within the local economy.
Executive Summary
- Average Salary: $55,510 per year.
- Growth Trend: Salaries have shifted 17.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $84,280.
- Outlook: Albuquerque supports a substantial workforce of 14,970 individuals in Installation, Maintenance, and Repair Occupations. With a Location Quotient of 0.95, the concentration of these jobs is nearly on par with the national average, indicating a stable and consistent demand for these skilled trades. The presence of nearly 37.3 jobs per 1,000 workers underscores the ongoing need for these services within the city's economic landscape.
Salary Overview
The average Installation, Maintenance, and Repair Occupations in Albuquerque, NM earns-9.6%below the national average.
$26.7
$1,068
$4,626
Installation, Maintenance, and Repair Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Installation, Maintenance, and Repair Occupations in Albuquerque have experienced gradual growth over the past four years, mirroring national trends. Economic development and inflation typically drive modest increases in compensation for skilled labor, ensuring that wages keep pace with the evolving economic environment.
Installation, Maintenance, and Repair Occupations Salary Distribution in Albuquerque, NM
Career progression in Installation, Maintenance, and Repair Occupations typically sees a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the typical career path involves gaining specialized skills and experience, leading to higher earning potential. The gap between entry-level and senior roles often represents substantial salary growth, reflecting increased responsibility and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $32,590 | $15.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $41,633 | $20 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $49,140 | $23.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $69,388 | $33.4 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $84,280 | $40.5 |
Detailed Installation, Maintenance, and Repair Occupations Market Analysis
Relocation Context
Nominal Salary
$55,510
Gross Pay
Real Wage (Purchasing Power)
$55,510
Adjusted for COL (100)
The average annual salary of $55,510 in Albuquerque aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the compensation is well-balanced with the expenses of living in Albuquerque.
Job Market Context
14,970
Total Jobs
37.307
Per 1K Jobs
0.95
Location Quotient
Albuquerque, NM has 0.95x the national average concentration of Installation, Maintenance, and Repair Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
Albuquerque's Location Quotient of 0.95 for Installation, Maintenance, and Repair Occupations indicates a job market that is very close to the national average in terms of concentration. This suggests a balanced market where the demand for these services is neither exceptionally high nor low compared to other regions, implying a steady employment environment for professionals in this field.
Nearby Job Markets
Nearby Cities for Installation, Maintenance, and Repair Occupations
Comparing salaries near Albuquerque, NM
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Frequently Asked Questions
How much does a Installation, Maintenance, and Repair Occupations make in Albuquerque, NM?
The median annual salary for a Installation, Maintenance, and Repair Occupations in Albuquerque, NM is $55,510. This typically ranges from $32,590 for entry-level positions to $84,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 9.6% lower than the national median of $61,410.
Is Albuquerque, NM a lucrative place for Installation, Maintenance, and Repair Occupationss?
No, not exceptionally lucrative compared to the national average.While the salary of $55,510 is competitive with the local cost of living, it falls below the national average for these roles. The job market concentration is also very close to the national average, indicating stable but not exceptionally high demand.
Is Albuquerque, NM a good place to live for Installation, Maintenance, and Repair Occupations?
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 ($56,780) and Northern New Mexico nonmetropolitan area.
How does Albuquerque's salary for this field compare to the national average?
The average annual salary in Albuquerque is $55,510, which is approximately $5,900 less than the national average of $61,410.
What is the significance of the Location Quotient (LQ) of 0.95?
An LQ of 0.95 means that the concentration of Installation, Maintenance, and Repair Occupations jobs in Albuquerque is slightly lower than the national average, but very close to it. This suggests a balanced job market.
How does the cost of living in Albuquerque affect the salary?
With a Cost of Living Index of 100, Albuquerque's cost of living is exactly at the national average. This means the $55,510 salary provides purchasing power equivalent to the national average.
What is the total number of Installation, Maintenance, and Repair jobs in Albuquerque?
There are approximately 14,970 individuals employed in Installation, Maintenance, and Repair Occupations 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 14,970 employees in the Albuquerque, NM area with a job density of 37.307 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Installation, Maintenance, and Repair Occupations • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM