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Average Parts Salespersons Salary in Albuquerque, NM

In Albuquerque, New Mexico, Parts Salespersons earn an average annual salary of $37,080. This figure falls below the national average of $42,390, suggesting that local market dynamics, such as demand and the cost of doing business, may influence compensation levels. Understanding these regional variations is crucial for career planning and salary negotiation.

Executive Summary

  • Average Salary: $37,080 per year.
  • Growth Trend: Salaries have shifted 16.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $52,520.
  • Outlook: Albuquerque's Parts Salesperson market is moderately concentrated, with a Location Quotient of 1.62 indicating a higher presence of these roles compared to the national average. The local workforce comprises 1,110 Parts Salespersons, with approximately 2.78 jobs per 1,000 workers, suggesting a stable, albeit not rapidly expanding, demand for these professionals within the region.
2024 Market Data

Salary Overview

$37,080

The average Parts Salespersons in Albuquerque, NM earns-12.5%below the national average.

BreakdownBased on 40h/week
Hourly

$17.8

Weekly

$713

Monthly

$3,090

Parts Salespersons Salary Distribution in Albuquerque, NM

Salary progression for Parts Salespersons in Albuquerque typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive product knowledge and sales acumen can command significantly higher salaries. The percentile gaps between junior and senior roles reflect the value placed on expertise and demonstrated sales success.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$25,720$12.4
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$27,810$13.4
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$30,640$14.7
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$46,350$22.3
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$52,520$25.3

Detailed Parts Salespersons Market Analysis

Relocation Context

Nominal Salary

$37,080

Gross Pay

Real Wage (Purchasing Power)

$37,080

Adjusted for COL (100)

The nominal salary of $37,080 in Albuquerque aligns precisely with the national average cost of living (Index 100). This means that while the take-home pay is lower than the national average for this role, the purchasing power of that salary is comparable to the national standard, making the financial impact of relocating to Albuquerque neutral in terms of cost of living.

Job Market Context

1,110

Total Jobs

2.777

Per 1K Jobs

1.62

Location Quotient

Major Hub

Albuquerque, NM has 1.6x the national concentration of Parts Salespersons jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 1.62, Albuquerque exhibits a notable concentration of Parts Salesperson roles relative to the national average. This suggests a potentially competitive market where employers may have a good pool of candidates, but also indicates a sustained demand for these specialized skills within the local economy. Professionals in this field may find more opportunities than in areas with lower LQs.

Nearby Job Markets

Nearby Cities for Parts Salespersons

Comparing salaries near Albuquerque, NM

Hiring Parts Salespersonss?

Frequently Asked Questions

How much does a Parts Salespersons make in Albuquerque, NM?

The median annual salary for a Parts Salespersons in Albuquerque, NM is $37,080. This typically ranges from $25,720 for entry-level positions to $52,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albuquerque, NM is 12.5% lower than the national median of $42,390.

Is Albuquerque, NM a lucrative place for Parts Salespersons?

No, not particularly lucrative compared to the national average.The average salary of $37,080 is below the national average of $42,390, although the cost of living is on par with the national average.

Is Albuquerque, NM a good place to live for Parts Salespersons?

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 ($38,720) and Northern New Mexico nonmetropolitan area.

How does the number of Parts Salespersons in Albuquerque compare nationally?

Albuquerque has a total local workforce of 1,110 Parts Salespersons, and the concentration (Location Quotient) is 1.62, which is higher than the national average.

What is the cost of living in Albuquerque for Parts Salespersons?

The cost of living index in Albuquerque is 100, which is exactly the national average, meaning your salary's purchasing power is standard.

Are there many job openings for Parts Salespersons in Albuquerque?

With 2.777 jobs per 1,000 workers, the presence of Parts Salespersons is higher than the national average, indicating steady demand.

How much more can an experienced Parts Salesperson earn in Albuquerque?

While specific figures vary, experienced Parts Salespersons typically earn more than entry-level staff, with salary increases reflecting expertise and sales performance.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,110 employees in the Albuquerque, NM area with a job density of 2.777 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.