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Average Life, Physical, and Social Science Occupations Salary in Northern New Mexico nonmetropolitan area

Professionals in Life, Physical, and Social Science Occupations in the Northern New Mexico nonmetropolitan area earn a substantial average annual salary of $106,900. This figure significantly surpasses the national average of $91,840, indicating a strong demand for these specialized skills within the region. The higher compensation likely reflects the unique economic drivers and the concentration of specific industries present in this nonmetropolitan locale.

Executive Summary

  • Average Salary: $106,900 per year.
  • Growth Trend: Salaries have shifted 7.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $196,310.
  • Outlook: The job market for Life, Physical, and Social Science Occupations in Northern New Mexico appears robust, characterized by a dedicated local workforce of 2,340 individuals. The Location Quotient of 3.01 signifies a concentration of these roles nearly three times the national average, suggesting a specialized and potentially high-demand sector within the region's economy.
2024 Market Data

Salary Overview

$106,900

The average Life, Physical, and Social Science Occupations in Northern New Mexico nonmetropolitan area earns+16.4%above the national average.

BreakdownBased on 40h/week
Hourly

$51.4

Weekly

$2,056

Monthly

$8,908

Life, Physical, and Social Science Occupations Salary Distribution in Northern New Mexico nonmetropolitan area

Career progression in Life, Physical, and Social Science Occupations typically correlates with increased earning potential. Entry-level positions may start at a lower percentile of the salary range, while seasoned professionals with extensive experience and specialized skills can command salaries well into the upper percentiles. The widening gap between entry-level and senior roles underscores significant opportunities for advancement and salary growth within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$46,190$22.2
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$80,175$38.5
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$84,820$40.8
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$133,625$64.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$196,310$94.4

Detailed Life, Physical, and Social Science Occupations Market Analysis

Relocation Context

Nominal Salary

$106,900

Gross Pay

Real Wage (Purchasing Power)

$106,900

Adjusted for COL (100)

The average annual salary of $106,900 in Northern New Mexico aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, offering a stable financial foundation for residents without the added pressure of a higher cost of living often associated with major metropolitan areas.

Job Market Context

2,340

Total Jobs

28.258

Per 1K Jobs

3.01

Location Quotient

Major Hub

Northern New Mexico nonmetropolitan area has 3.0x the national concentration of Life, Physical, and Social Science Occupations jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 3.01, Life, Physical, and Social Science Occupations are notably concentrated in the Northern New Mexico nonmetropolitan area, being over three times more prevalent than the national average. This indicates a specialized and potentially competitive market where employers may actively seek out candidates with specific expertise relevant to the region's unique scientific and industrial landscape.

Nearby Job Markets

Nearby Cities for Life, Physical, and Social Science Occupations

Comparing salaries near Northern New Mexico nonmetropolitan area

Hiring Life, Physical, and Social Science Occupationss?

Frequently Asked Questions

How much does a Life, Physical, and Social Science Occupations make in Northern New Mexico nonmetropolitan area?

The median annual salary for a Life, Physical, and Social Science Occupations in Northern New Mexico nonmetropolitan area is $106,900. This typically ranges from $46,190 for entry-level positions to $196,310 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 16.4% higher than the national median of $91,840.

Is Northern New Mexico nonmetropolitan area a lucrative place for Life, Physical, and Social Science Occupationss?

Yes, it is a highly lucrative area for these professionals.The average salary of $106,900 significantly exceeds the national average, and the cost of living is right at the national benchmark, offering excellent earning potential.

Is Northern New Mexico nonmetropolitan area a good place to live for Life, Physical, and Social Science Occupations?

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 ($91,620) and Santa Fe, NM.

How does the local salary compare to the national average?

The average annual salary for Life, Physical, and Social Science Occupations in Northern New Mexico is $106,900, which is considerably higher than the national average of $91,840.

What is the concentration of these jobs in the area?

The Location Quotient of 3.01 indicates that these occupations are more than three times as concentrated in Northern New Mexico compared to the national average, suggesting a strong regional presence.

How does the cost of living affect the salary?

The Cost of Living Index is 100, matching the national average. This means the $106,900 salary offers purchasing power equivalent to the national average, making it financially advantageous.

What is the total workforce size for these occupations locally?

There are 2,340 individuals employed in Life, Physical, and Social Science Occupations within the Northern New Mexico nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,340 employees in the Northern New Mexico nonmetropolitan area area with a job density of 28.258 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.