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Average Mechanical Engineering Technologists and Technicians Salary in Albuquerque, NM

Mechanical Engineering Technologists and Technicians in Albuquerque, NM, earn an impressive average annual salary of $83,740. This figure significantly surpasses the national average of $72,470, indicating a strong local demand for these specialized skills. The robust compensation reflects the unique industrial landscape and specific needs within the Albuquerque metropolitan area.

Executive Summary

  • Average Salary: $83,740 per year.
  • Growth Trend: Salaries have shifted 2.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $107,950.
  • Outlook: The job market for Mechanical Engineering Technologists and Technicians in Albuquerque appears robust, supported by a local workforce of 220 professionals. The Location Quotient of 2.27 suggests a concentration of these roles nearly 2.3 times the national average, pointing to a specialized and potentially high-demand sector within the city's economy.
2024 Market Data

Salary Overview

$83,740

The average Mechanical Engineering Technologists and Technicians in Albuquerque, NM earns+15.6%above the national average.

BreakdownBased on 40h/week
Hourly

$40.3

Weekly

$1,610

Monthly

$6,978

Mechanical Engineering Technologists and Technicians Salary Distribution in Albuquerque, NM

Career progression for Mechanical Engineering Technologists and Technicians typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized expertise and a proven track record can command salaries in the upper percentiles, reflecting their increased value and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$50,820$24.4
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$62,805$30.2
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$89,140$42.9
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$104,675$50.3
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$107,950$51.9

Detailed Mechanical Engineering Technologists and Technicians Market Analysis

Relocation Context

Nominal Salary

$83,740

Gross Pay

Real Wage (Purchasing Power)

$83,740

Adjusted for COL (100)

With an average annual salary of $83,740 and a Cost of Living Index of 100 (matching the national average), Mechanical Engineering Technologists and Technicians in Albuquerque can expect their earnings to hold their purchasing power effectively. This means the nominal salary translates directly into real economic benefit, without the typical erosion seen in high-cost-of-living areas.

Job Market Context

220

Total Jobs

0.551

Per 1K Jobs

2.27

Location Quotient

Major Hub

Albuquerque, NM has 2.3x the national concentration of Mechanical Engineering Technologists and Technicians jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

Albuquerque's Location Quotient of 2.27 is a strong indicator of a concentrated job market for Mechanical Engineering Technologists and Technicians. This suggests that the demand for these professionals is more than double the national average relative to the overall workforce, potentially leading to greater job security and competitive compensation for those in the field.

Nearby Job Markets

Nearby Cities for Mechanical Engineering Technologists and Technicians

Comparing salaries near Albuquerque, NM

Hiring Mechanical Engineering Technologists and Technicianss?

Frequently Asked Questions

How much does a Mechanical Engineering Technologists and Technicians make in Albuquerque, NM?

The median annual salary for a Mechanical Engineering Technologists and Technicians in Albuquerque, NM is $83,740. This typically ranges from $50,820 for entry-level positions to $107,950 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albuquerque, NM is 15.6% higher than the national median of $72,470.

Is Albuquerque, NM a lucrative place for Mechanical Engineering Technologists and Technicianss?

Yes, Albuquerque, NM is a lucrative location for Mechanical Engineering Technologists and Technicians.The average salary of $83,740 significantly exceeds the national average, and the cost of living is on par with the national average, allowing for strong purchasing power.

Is Albuquerque, NM a good place to live for Mechanical Engineering Technologists and Technicians?

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 ($77,880) and Northern New Mexico nonmetropolitan area.

How does the local workforce size impact job opportunities?

A local workforce of 220 indicates a established, though not massive, community of Mechanical Engineering Technologists and Technicians, suggesting a stable market with potential for growth.

What does a Location Quotient of 2.27 mean for job seekers?

A Location Quotient of 2.27 signifies that Mechanical Engineering Technologists and Technicians are more than twice as concentrated in Albuquerque compared to the national average, indicating higher demand and potentially more specialized roles.

How does the cost of living in Albuquerque compare nationally?

Albuquerque's Cost of Living Index is 100, meaning it is exactly average compared to the rest of the United States, making the local salary highly competitive in real terms.

Are there many Mechanical Engineering Technologists and Technicians jobs per capita in Albuquerque?

With 0.551 jobs per 1,000 workers, Albuquerque shows a moderate level of employment for these roles relative to its overall workforce size.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Albuquerque, NM area with a job density of 0.551 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.