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Average Neurologists Salary in New Mexico

Yes, New Mexico is a highly lucrative market for Neurologistss. With an average annual salary of $424,710, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $424,710 per year.
  • Growth Trend: Salaries have shifted 10.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $637,065.
  • Outlook: The current demand for Neurologistss is stable, with a local workforce of approximately 30 professionals. This role remains a specialized component of the broader New Mexico economy.
2024 Market Data

Salary Overview

$424,710

The average Neurologists in New Mexico earns+46.5%above the national average.

BreakdownBased on 40h/week
Hourly

$204.2

Weekly

$8,168

Monthly

$35,393

Neurologists Salary Distribution in New Mexico

The earning potential for Neurologistss in New Mexico varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $216,620, while highly experienced professionals can command wages upwards of $637,065.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$216,620$104.1
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$318,533$153.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$424,715$204.2
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$530,888$255.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$637,065$306.3

Detailed Neurologists Market Analysis

Relocation Context

Nominal Salary

$424,710

Gross Pay

Real Wage (Purchasing Power)

$474,007

Adjusted for COL (89.6)

This is a financial "Hidden Gem". Although the nominal salary is $424,710, the lower cost of living in New Mexico (10.4% below national average) boosts your purchasing power to an equivalent of $474,007. This allows for significant savings.

Job Market Context

30

Total Jobs

0.038

Per 1K Jobs

0.76

Location Quotient

Below Average

New Mexico has 0.76x the national average concentration of Neurologists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

30 people work as Neurologists in New Mexico.

Only 0.038 out of every 1,000 local jobs are Neurologists roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Neurologistss?

Frequently Asked Questions

How much does a Neurologists make in New Mexico?

The median annual salary for a Neurologists in New Mexico is $424,710. This typically ranges from $216,620 for entry-level positions to $637,065 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Mexico is 46.5% higher than the national median of $290,000.

Is New Mexico a good place for Neurologistss?

Yes, New Mexico is financially attractive for Neurologistss. The average salary of $424,710 exceeds the national average. See distinct detailed breakdown below.

Is New Mexico a good place to live for Neurologists?

With a Cost of Living Index of 89.6 (lower than the national average of 100), your salary goes further here.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 30 employees in the New Mexico area with a job density of 0.038 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Neurologists • Data source: BLS OEWS 2024 •Jobs in New Mexico