Average Marketing Managers Salary in Albuquerque, NM
Marketing Managers in Albuquerque, NM, can expect an average annual salary of $129,990. This figure is notably below the national average of $172,340, reflecting the specific economic dynamics and demand within the Albuquerque metropolitan area. Local market conditions, industry concentration, and the overall economic landscape of New Mexico play a significant role in shaping compensation for this vital role.
Executive Summary
- Average Salary: $129,990 per year.
- Growth Trend: Salaries have shifted 32.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $199,110.
- Outlook: The job market for Marketing Managers in Albuquerque, NM, is relatively stable, with a total local workforce of 400 individuals in this profession. The Location Quotient of 0.4 indicates that Marketing Managers are less concentrated in Albuquerque compared to the national average, suggesting a moderate level of demand relative to the national distribution. While not a hub of high concentration, the presence of nearly one job per thousand workers (0.995) points to consistent opportunities.
Salary Overview
The average Marketing Managers in Albuquerque, NM earns-24.6%below the national average.
$62.5
$2,500
$10,833
Marketing Managers Salary Trends (2020-2024)
While specific historical data for Albuquerque's Marketing Manager salaries over the past four years is not provided, it is generally assumed that compensation for this role has seen incremental growth, mirroring broader economic trends and inflation. Marketing roles are increasingly critical for business success, and this demand typically translates into upward pressure on salaries, even in localized markets.
Marketing Managers Salary Distribution in Albuquerque, NM
Salary progression for Marketing Managers in Albuquerque, NM, is strongly tied to experience and demonstrated success. Entry-level positions typically command lower salaries, while senior-level Marketing Managers with extensive experience, specialized skills, and a proven track record of driving marketing initiatives can earn significantly more. The percentile gaps in salary distributions highlight the substantial career advancement and earning potential available to experienced professionals in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $70,990 | $34.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $97,493 | $46.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $118,320 | $56.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $162,488 | $78.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $199,110 | $95.7 |
Detailed Marketing Managers Market Analysis
Relocation Context
Nominal Salary
$129,990
Gross Pay
Real Wage (Purchasing Power)
$129,990
Adjusted for COL (100)
The nominal average annual salary of $129,990 for Marketing Managers in Albuquerque, NM, is directly offset by a Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of a Marketing Manager's salary in Albuquerque is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.
Job Market Context
400
Total Jobs
0.995
Per 1K Jobs
0.4
Location Quotient
At 0.40x, Albuquerque, NM has a notably lower concentration of Marketing Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.4, Albuquerque, NM, presents a less concentrated market for Marketing Managers compared to the national landscape. This suggests that while opportunities exist, the competition might be less intense than in major metropolitan hubs where the concentration of these roles is higher. The market is neither saturated nor exceptionally scarce, indicating a balanced environment for skilled professionals.
Nearby Job Markets
Nearby Cities for Marketing Managers
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Marketing Managers Salary | $118,930↓ 9% | 29 mi |
| Northern New Mexico nonmetropolitan area Marketing Managers Salary | $123,980↓ 5% | 29 mi |
| Santa Fe, NM Marketing Managers Salary | $132,600↑ 2% | 54 mi |
Comparing salaries near Albuquerque, NM
Hiring Marketing Managerss?
Frequently Asked Questions
How much does a Marketing Managers make in Albuquerque, NM?
The median annual salary for a Marketing Managers in Albuquerque, NM is $129,990. This typically ranges from $70,990 for entry-level positions to $199,110 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 24.6% lower than the national median of $172,340.
Is Albuquerque, NM a lucrative place for Marketing Managers?
Yes, with a caveat.The average salary of $129,990 is competitive with the national average cost of living, offering good purchasing power. However, the salary itself is below the national average for the role.
Is Albuquerque, NM a good place to live for Marketing Managers?
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 ($118,930) and Northern New Mexico nonmetropolitan area.
How does the Albuquerque Marketing Manager salary compare to the national average?
The average salary for Marketing Managers in Albuquerque, NM, is $129,990, which is lower than the national average of $172,340.
What is the Cost of Living in Albuquerque, NM for Marketing Managers?
Albuquerque, NM, has a Cost of Living Index of 100, which is exactly the national average, meaning the purchasing power of a salary is on par with the rest of the country.
Is there high demand for Marketing Managers in Albuquerque, NM?
The demand is moderate, indicated by a Location Quotient of 0.4 and approximately 0.995 jobs per 1,000 workers, suggesting a stable but not overly saturated market.
How much does experience impact a Marketing Manager's salary in Albuquerque, NM?
Experience significantly impacts salary, with senior-level professionals earning considerably more than entry-level counterparts, reflecting career progression and skill development.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 400 employees in the Albuquerque, NM area with a job density of 0.995 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Marketing Managers Salaries by State
Top Jobs in Albuquerque, NM
- All Occupations Salary in Albuquerque, NM
- Office and Administrative Support Occupations Salary in Albuquerque, NM
- Food Preparation and Serving Related Occupations Salary in Albuquerque, NM
- Sales and Related Occupations Salary in Albuquerque, NM
- Transportation and Material Moving Occupations Salary in Albuquerque, NM
- Healthcare Practitioners and Technical Occupations Salary in Albuquerque, NM
- Healthcare Support Occupations Salary in Albuquerque, NM
- Business and Financial Operations Occupations Salary in Albuquerque, NM
- Management Occupations Salary in Albuquerque, NM
- Construction and Extraction Occupations Salary in Albuquerque, NM
- Browse All Jobs in Albuquerque, NM →
Semantic Salary Analysis for Marketing Managers • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM