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Average Miscellaneous Assemblers and Fabricators Salary in Eastern New Mexico nonmetropolitan area

In the Eastern New Mexico nonmetropolitan area, Miscellaneous Assemblers and Fabricators earn an average annual salary of $42,030. This figure is slightly below the national average of $44,850, a common trend in nonmetropolitan regions where economic factors and industry concentration often influence compensation levels. The specific economic landscape and demand within this region shape the prevailing wage for these essential roles.

Executive Summary

  • Average Salary: $42,030 per year.
  • Growth Trend: Salaries have shifted 35.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,520.
  • Outlook: The job market for Miscellaneous Assemblers and Fabricators in the Eastern New Mexico nonmetropolitan area appears to be moderately concentrated, with a total local workforce of 340 individuals. The Location Quotient of 0.22 indicates a lower concentration compared to the national average, suggesting that while the roles exist, they are not as prevalent as in other parts of the country. The 2.108 jobs per 1,000 workers metric further illustrates the specific demand within this locale.
2024 Market Data

Salary Overview

$42,030

The average Miscellaneous Assemblers and Fabricators in Eastern New Mexico nonmetropolitan area earns-6.3%below the national average.

BreakdownBased on 40h/week
Hourly

$20.2

Weekly

$808

Monthly

$3,503

Miscellaneous Assemblers and Fabricators Salary Distribution in Eastern New Mexico nonmetropolitan area

Career progression for Miscellaneous Assemblers and Fabricators typically involves a clear salary scaling from entry-level positions to senior roles. As individuals gain experience, develop specialized skills, and take on more complex responsibilities, their earning potential increases significantly. The percentile gaps in salary distribution, though not detailed here, would signify these opportunities for advancement and higher compensation within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$31,120$15
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$31,523$15.2
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$34,690$16.7
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$52,538$25.3
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$61,520$29.6

Detailed Miscellaneous Assemblers and Fabricators Market Analysis

Relocation Context

Nominal Salary

$42,030

Gross Pay

Real Wage (Purchasing Power)

$42,030

Adjusted for COL (100)

The nominal average annual salary of $42,030 in Eastern New Mexico nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary in this region is equivalent to the national average. Consequently, individuals relocating to this area can expect their earnings to cover expenses at a rate comparable to the national standard, offering a stable financial foundation.

Job Market Context

340

Total Jobs

2.108

Per 1K Jobs

0.22

Location Quotient

Low Concentration

At 0.22x, Eastern New Mexico nonmetropolitan area 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.

With a Location Quotient of 0.22, the market for Miscellaneous Assemblers and Fabricators in the Eastern New Mexico nonmetropolitan area is less concentrated than the national average. This suggests that while there is a demand for these skills, the job market is not saturated. This could present opportunities for skilled individuals, but also indicates that the overall volume of available positions might be lower compared to more industrially dense regions.

Nearby Job Markets

Nearby Cities for Miscellaneous Assemblers and Fabricators

Comparing salaries near Eastern New Mexico nonmetropolitan area

Hiring Miscellaneous Assemblers and Fabricatorss?

Frequently Asked Questions

How much does a Miscellaneous Assemblers and Fabricators make in Eastern New Mexico nonmetropolitan area?

The median annual salary for a Miscellaneous Assemblers and Fabricators in Eastern New Mexico nonmetropolitan area is $42,030. This typically ranges from $31,120 for entry-level positions to $61,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Eastern New Mexico nonmetropolitan area is 6.3% lower than the national median of $44,850.

Is Eastern New Mexico nonmetropolitan area a lucrative place for Miscellaneous Assemblers and Fabricators?

No, it is not particularly lucrative compared to the national average.The average salary of $42,030 is below the national average of $44,850, and the job market concentration is significantly lower than the national benchmark.

Is Eastern New Mexico nonmetropolitan area a good place to live for Miscellaneous Assemblers and Fabricators?

The Cost of Living Index in Eastern New Mexico nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Eastern New Mexico nonmetropolitan area?

Some top paying nearby cities include Albuquerque, NM ($41,340) and Santa Fe, NM.

How does the salary compare to the national average?

The average annual salary for Miscellaneous Assemblers and Fabricators in Eastern New Mexico nonmetropolitan area is $42,030, which is approximately $2,820 less than the national average of $44,850.

What is the Cost of Living in Eastern New Mexico nonmetropolitan area?

The Cost of Living Index for this region is 100, which is exactly the national average. This means that the general cost of goods and services is comparable to the rest of the United States.

How concentrated is the job market for these roles in this region?

The job market is less concentrated than the national average, as indicated by a Location Quotient of 0.22. This suggests fewer jobs relative to the national proportion.

What does the number of jobs per 1,000 workers indicate?

The 2.108 jobs per 1,000 workers metric shows the specific density of these roles within the local workforce, highlighting the demand within the Eastern New Mexico nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Eastern New Mexico nonmetropolitan area area with a job density of 2.108 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.