Average Miscellaneous Assemblers and Fabricators Salary in Albuquerque, NM
In Albuquerque, NM, Miscellaneous Assemblers and Fabricators earn an average annual salary of $41,340. This figure is slightly below the national average of $44,850, indicating localized economic factors and regional demand play a significant role in compensation for this role within the state.
Executive Summary
- Average Salary: $41,340 per year.
- Growth Trend: Salaries have shifted 31.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $51,970.
- Outlook: With a total local workforce of 1,720 individuals in this sector, Albuquerque presents a moderate employment landscape for Miscellaneous Assemblers and Fabricators. The Location Quotient of 0.45 suggests that this occupation is less concentrated in Albuquerque compared to the national average, implying a potentially stable but not exceptionally high demand.
Salary Overview
The average Miscellaneous Assemblers and Fabricators in Albuquerque, NM earns-7.8%below the national average.
$19.9
$795
$3,445
Miscellaneous Assemblers and Fabricators Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Miscellaneous Assemblers and Fabricators in Albuquerque have experienced gradual growth over the past four years, mirroring national trends of increasing wages driven by inflation and evolving industry demands. This suggests a generally positive, albeit potentially modest, trajectory for compensation in this field.
Miscellaneous Assemblers and Fabricators Salary Distribution in Albuquerque, NM
Career progression for Miscellaneous Assemblers and Fabricators typically involves a significant salary increase from entry-level to senior positions. The gap between starting salaries and those earned by highly experienced professionals reflects the value placed on specialized skills, efficiency, and a proven track record in fabrication and assembly processes, with higher percentiles representing seasoned experts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $32,940 | $15.8 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $31,005 | $14.9 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $38,810 | $18.7 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $51,675 | $24.8 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $51,970 | $25 |
Detailed Miscellaneous Assemblers and Fabricators Market Analysis
Relocation Context
Nominal Salary
$41,340
Gross Pay
Real Wage (Purchasing Power)
$41,340
Adjusted for COL (100)
The average annual salary of $41,340 in Albuquerque aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an assembler's salary in Albuquerque is comparable to the national standard, offering no significant advantage or disadvantage in terms of affordability.
Job Market Context
1,720
Total Jobs
4.29
Per 1K Jobs
0.45
Location Quotient
At 0.45x, Albuquerque, NM has a notably lower concentration of Miscellaneous Assemblers and Fabricators jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient of 0.45 for Miscellaneous Assemblers and Fabricators in Albuquerque indicates that this profession is less prevalent locally than the national average. This suggests a less saturated market, which could translate to more opportunities for skilled individuals, but also potentially less competitive pressure driving up wages significantly.
Nearby Job Markets
Nearby Cities for Miscellaneous Assemblers and Fabricators
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Miscellaneous Assemblers and Fabricators Salary | $42,030↑ 2% | 29 mi |
| Northern New Mexico nonmetropolitan area Miscellaneous Assemblers and Fabricators Salary | $41,510↑ 0% | 29 mi |
| Santa Fe, NM Miscellaneous Assemblers and Fabricators Salary | $45,630↑ 10% | 54 mi |
Comparing salaries near Albuquerque, NM
Hiring Miscellaneous Assemblers and Fabricatorss?
Frequently Asked Questions
How much does a Miscellaneous Assemblers and Fabricators make in Albuquerque, NM?
The median annual salary for a Miscellaneous Assemblers and Fabricators in Albuquerque, NM is $41,340. This typically ranges from $32,940 for entry-level positions to $51,970 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 7.8% lower than the national median of $44,850.
Is Albuquerque, NM a lucrative place for Miscellaneous Assemblers and Fabricators?
No, not particularly lucrative compared to the national average.The average salary of $41,340 is below the national average, and the cost of living is exactly at the national average, offering no significant financial advantage.
Is Albuquerque, NM a good place to live for Miscellaneous Assemblers and Fabricators?
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 ($42,030) and Northern New Mexico nonmetropolitan area.
How does the number of jobs per 1,000 workers compare nationally?
With 4.29 jobs per 1,000 workers, Albuquerque has a lower concentration of Miscellaneous Assemblers and Fabricators compared to the national average, which typically hovers around 10 jobs per 1,000 workers.
What is the significance of a Location Quotient of 0.45?
A Location Quotient of 0.45 means that Miscellaneous Assemblers and Fabricators are less concentrated in Albuquerque than the national average. This suggests that the industry is not as dominant a part of the local economy compared to other regions.
Does the cost of living in Albuquerque affect the assembler salary?
No, the cost of living in Albuquerque is exactly at the national average (100). Therefore, the nominal salary of $41,340 has a purchasing power equivalent to the national average for this role.
What does the total local workforce number imply?
A total local workforce of 1,720 for Miscellaneous Assemblers and Fabricators indicates a moderately sized employment pool within Albuquerque, suggesting a stable but not exceptionally large job market for this occupation.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,720 employees in the Albuquerque, NM area with a job density of 4.29 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Miscellaneous Assemblers and Fabricators 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 Miscellaneous Assemblers and Fabricators • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM