SalaryNode

Average Medical Scientists, Except Epidemiologists Salary in Albuquerque, NM

In Albuquerque, New Mexico, Medical Scientists, Except Epidemiologists earn an average annual salary of $70,780. This figure is notably lower than the national average of $116,160, reflecting regional economic factors and the specific demand dynamics within the local job market. While the nominal salary may seem lower, understanding the local context is crucial for a complete picture.

Executive Summary

  • Average Salary: $70,780 per year.
  • Growth Trend: Salaries have shifted 12.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $104,330.
  • Outlook: The job market for Medical Scientists, Except Epidemiologists in Albuquerque, NM, shows a moderate level of concentration, with a Location Quotient of 0.56 indicating a presence that is less than half the national average. The total local workforce of 230 individuals suggests a niche but established presence. While not a major hub, the consistent presence of these roles indicates ongoing, albeit specialized, demand within the region.
2024 Market Data

Salary Overview

$70,780

The average Medical Scientists, Except Epidemiologists in Albuquerque, NM earns-39.1%below the national average.

BreakdownBased on 40h/week
Hourly

$34

Weekly

$1,361

Monthly

$5,898

Medical Scientists, Except Epidemiologists Salary Distribution in Albuquerque, NM

Compensation for Medical Scientists, Except Epidemiologists significantly scales with experience. Entry-level positions typically start at the lower end of the salary spectrum, while senior scientists with extensive research experience, specialized skills, and leadership responsibilities can command substantially higher salaries. The percentile gaps in earnings clearly signify the career progression and increased value associated with accumulating expertise and a proven track record in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$37,320$17.9
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$53,085$25.5
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$50,350$24.2
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$88,475$42.5
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$104,330$50.2

Detailed Medical Scientists, Except Epidemiologists Market Analysis

Relocation Context

Nominal Salary

$70,780

Gross Pay

Real Wage (Purchasing Power)

$70,780

Adjusted for COL (100)

The average annual salary of $70,780 in Albuquerque aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Medical Scientist's salary in Albuquerque is equivalent to the national average. Therefore, the nominal salary, while lower than the national average salary for the role, offers a comparable standard of living to that experienced elsewhere in the country.

Job Market Context

230

Total Jobs

0.564

Per 1K Jobs

0.56

Location Quotient

Below Average

Albuquerque, NM has 0.56x the national average concentration of Medical Scientists, Except Epidemiologists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.56, Albuquerque, NM, has a lower concentration of Medical Scientists, Except Epidemiologists compared to the national average. This suggests that the job market in this specific role is less saturated locally, potentially offering a more competitive environment for skilled professionals seeking employment. However, it also implies that the overall number of available positions might be more limited than in larger metropolitan areas with higher concentrations.

Nearby Job Markets

Hiring Medical Scientists, Except Epidemiologistss?

Frequently Asked Questions

How much does a Medical Scientists, Except Epidemiologists make in Albuquerque, NM?

The median annual salary for a Medical Scientists, Except Epidemiologists in Albuquerque, NM is $70,780. This typically ranges from $37,320 for entry-level positions to $104,330 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albuquerque, NM is 39.1% lower than the national median of $116,160.

Is Albuquerque, NM a lucrative place for Medical Scientists, Except Epidemiologists?

No, not when compared to the national average salary.While the cost of living is average, the $70,780 salary is significantly below the national average of $116,160 for Medical Scientists, Except Epidemiologists.

Is Albuquerque, NM a good place to live for Medical Scientists, Except Epidemiologists?

The Cost of Living Index in Albuquerque, NM is 100. While higher than average, this often correlates with higher wages.

How does the cost of living in Albuquerque affect salary perception?

Albuquerque's Cost of Living Index is exactly 100, meaning it matches the national average. Therefore, the $70,780 salary provides a purchasing power equivalent to the national average, despite being lower than the national average salary for the role.

What does the Location Quotient of 0.56 mean for job seekers?

A Location Quotient of 0.56 indicates that Medical Scientists, Except Epidemiologists are less concentrated in Albuquerque than the national average. This could mean fewer job openings but potentially less competition for available positions.

How many Medical Scientists, Except Epidemiologists work in Albuquerque?

There are approximately 230 Medical Scientists, Except Epidemiologists employed in Albuquerque, NM, representing a small but dedicated segment of the local workforce.

Is the demand for Medical Scientists, Except Epidemiologists high in Albuquerque?

The demand appears moderate. With 0.564 jobs per 1,000 workers and a Location Quotient below 1.0, the concentration is lower than the national average, suggesting a specialized rather than widespread demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Albuquerque, NM area with a job density of 0.564 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.