Average Management Occupations Salary in Albuquerque, NM
Management Occupations in Albuquerque, NM, command an average annual salary of $126,050. This figure is notably below the national average of $143,930, reflecting regional economic factors and the specific demand for managerial talent within the local market. While lower than the national benchmark, this salary is influenced by Albuquerque's unique economic landscape and industry concentration.
Executive Summary
- Average Salary: $126,050 per year.
- Growth Trend: Salaries have shifted 13.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $215,280.
- Outlook: With a substantial local workforce of 23,060 individuals in Management Occupations, Albuquerque presents a significant, albeit not overwhelmingly concentrated, market. The Location Quotient of 0.81 suggests that management roles are present in Albuquerque at a rate slightly below the national average, indicating a stable but not hyper-saturated job market. The presence of 57.454 jobs per 1,000 workers signifies a consistent demand for these essential leadership positions.
Salary Overview
The average Management Occupations in Albuquerque, NM earns-12.4%below the national average.
$60.6
$2,424
$10,504
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Management Occupations in Albuquerque have experienced growth over the past four years, mirroring broader economic trends and inflation. This upward trajectory is typically driven by increasing business complexity, evolving industry demands, and the persistent need for skilled leadership to navigate competitive markets.
Management Occupations Salary Distribution in Albuquerque, NM
The salary spectrum for Management Occupations in Albuquerque varies significantly with experience. Entry-level positions typically start at a lower percentile, while senior and executive roles command salaries in the higher percentiles. The widening gap between entry-level and senior salaries clearly signifies substantial career progression opportunities and the increased value placed on seasoned leadership within the local job market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,450 | $28.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $94,538 | $45.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $106,560 | $51.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $157,563 | $75.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $215,280 | $103.5 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$126,050
Gross Pay
Real Wage (Purchasing Power)
$126,050
Adjusted for COL (100)
The average annual salary of $126,050 in Albuquerque aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a management professional's income in Albuquerque is equivalent to that of someone earning the national average salary in a location with a national average cost of living. Consequently, the nominal salary offers a comparable standard of living to the national average.
Job Market Context
23,060
Total Jobs
57.454
Per 1K Jobs
0.81
Location Quotient
Albuquerque, NM has 0.81x the national average concentration of Management 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 0.81 for Management Occupations indicates that the concentration of these roles is slightly lower than the national average. This suggests that while management positions are readily available, the market may not be as intensely competitive or saturated as in some other major metropolitan areas. This presents a balanced environment for both job seekers and employers.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Management Occupations Salary | $115,340↓ 8% | 29 mi |
| Northern New Mexico nonmetropolitan area Management Occupations Salary | $124,520↓ 1% | 29 mi |
| Santa Fe, NM Management Occupations Salary | $114,360↓ 9% | 54 mi |
Comparing salaries near Albuquerque, NM
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Albuquerque, NM?
The median annual salary for a Management Occupations in Albuquerque, NM is $126,050. This typically ranges from $59,450 for entry-level positions to $215,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 12.4% lower than the national median of $143,930.
Is Albuquerque, NM a lucrative place for Management Occupationss?
Yes, with a comparable standard of living.While the average salary is below the national average, Albuquerque's cost of living also matches the national average, making the $126,050 salary offer equivalent purchasing power. The stable job market provides consistent opportunities for management professionals.
Is Albuquerque, NM a good place to live for Management 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 ($115,340) and Northern New Mexico nonmetropolitan area.
How does Albuquerque's management salary compare to the national average?
The average annual salary for Management Occupations in Albuquerque is $126,050, which is lower than the national average of $143,930.
What is the cost of living in Albuquerque, NM?
Albuquerque's Cost of Living Index is 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the country.
How concentrated are Management Occupations in Albuquerque compared to the US?
The Location Quotient for Management Occupations in Albuquerque is 0.81, meaning the concentration of these jobs is slightly below the national average.
What is the total number of management professionals in Albuquerque?
There are approximately 23,060 individuals employed in Management Occupations within Albuquerque.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 23,060 employees in the Albuquerque, NM area with a job density of 57.454 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM