Average Life, Physical, and Social Science Occupations Salary in Albuquerque, NM
In Albuquerque, NM, professionals in Life, Physical, and Social Science Occupations earn an average annual salary of $91,620. This figure is remarkably close to the national average of $91,840, indicating a stable and competitive compensation landscape. Local economic factors and the specific demand within the region contribute to this closely aligned pay scale.
Executive Summary
- Average Salary: $91,620 per year.
- Growth Trend: Salaries have shifted 18.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $161,830.
- Outlook: Albuquerque's market for Life, Physical, and Social Science Occupations is moderately concentrated, with a total local workforce of 4,330 individuals in these roles. The Location Quotient of 1.15 suggests a slightly higher presence of these professions compared to the national average, pointing towards a stable, albeit not overwhelmingly dominant, demand for skilled professionals in this sector within the city.
Salary Overview
The average Life, Physical, and Social Science Occupations in Albuquerque, NM earns-0.2%below the national average.
$44.1
$1,762
$7,635
Life, Physical, and Social Science Occupations Salary Trends (2020-2024)
While specific historical data for this exact role in Albuquerque over the past four years is not provided, it's reasonable to assume a general upward trend in salaries for Life, Physical, and Social Science Occupations, mirroring national patterns. Economic growth and evolving industry needs typically drive incremental salary increases, ensuring that compensation remains competitive over time.
Life, Physical, and Social Science Occupations Salary Distribution in Albuquerque, NM
Career progression within Life, Physical, and Social Science Occupations in Albuquerque significantly impacts earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in earnings clearly signify the substantial career growth and increased earning capacity available to those who advance in their fields.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $46,950 | $22.6 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $68,715 | $33 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $77,160 | $37.1 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $114,525 | $55.1 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $161,830 | $77.8 |
Detailed Life, Physical, and Social Science Occupations Market Analysis
Relocation Context
Nominal Salary
$91,620
Gross Pay
Real Wage (Purchasing Power)
$91,620
Adjusted for COL (100)
The average annual salary of $91,620 in Albuquerque aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a scientist's salary in Albuquerque is equivalent to that of a scientist earning the national average in a typical U.S. city, offering a balanced lifestyle without significant financial strain.
Job Market Context
4,330
Total Jobs
10.797
Per 1K Jobs
1.15
Location Quotient
With a location quotient of 1.15, Albuquerque, NM has a slightly higher-than-average concentration of Life, Physical, and Social Science Occupations roles compared to the national norm.
With a Location Quotient of 1.15, Albuquerque demonstrates a slightly higher concentration of Life, Physical, and Social Science Occupations than the national average. This suggests a healthy and established job market for these professionals, indicating that while the field is present and valued, it is not oversaturated, offering a good balance for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Life, Physical, and Social Science Occupations
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Life, Physical, and Social Science Occupations Salary | $70,300↓ 23% | 29 mi |
| Northern New Mexico nonmetropolitan area Life, Physical, and Social Science Occupations Salary | $106,900↑ 17% | 29 mi |
| Santa Fe, NM Life, Physical, and Social Science Occupations Salary | $80,000↓ 13% | 54 mi |
Comparing salaries near Albuquerque, NM
Hiring Life, Physical, and Social Science Occupationss?
Frequently Asked Questions
How much does a Life, Physical, and Social Science Occupations make in Albuquerque, NM?
The median annual salary for a Life, Physical, and Social Science Occupations in Albuquerque, NM is $91,620. This typically ranges from $46,950 for entry-level positions to $161,830 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 0.2% lower than the national median of $91,840.
Is Albuquerque, NM a lucrative place for Life, Physical, and Social Science Occupations?
Yes, Albuquerque offers competitive compensation for these roles.The average salary of $91,620 is nearly identical to the national average, and the cost of living is also at the national average, indicating strong purchasing power for these professionals.
Is Albuquerque, NM a good place to live for Life, Physical, and Social Science 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 ($70,300) and Northern New Mexico nonmetropolitan area.
What is the average salary for Life, Physical, and Social Science Occupations in Albuquerque, NM?
The average annual salary for Life, Physical, and Social Science Occupations in Albuquerque, NM is $91,620.
How does Albuquerque's salary compare to the national average?
The average salary in Albuquerque ($91,620) is very close to the national average ($91,840), suggesting comparable earning potential.
Is the job market for scientists strong in Albuquerque?
Yes, the Location Quotient of 1.15 indicates a slightly higher concentration of these jobs in Albuquerque than the national average, suggesting a robust market.
How does the cost of living affect the salary in Albuquerque?
Albuquerque's cost of living is at the national average (100), meaning the $91,620 salary offers purchasing power equivalent to the national average, making it financially stable.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,330 employees in the Albuquerque, NM area with a job density of 10.797 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Life, Physical, and Social Science Occupations • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM