Average Physician Assistants Salary in Albuquerque, NM
Physician Assistants in Albuquerque, NM, command an impressive average annual salary of $142,930, surpassing the national average of $136,910. This elevated compensation reflects the specific demands and healthcare landscape within the region, potentially influenced by factors such as the local patient population, healthcare infrastructure, and the need for specialized medical expertise.
Executive Summary
- Average Salary: $142,930 per year.
- Growth Trend: Salaries have shifted 17.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $214,395.
- Outlook: Albuquerque's market for Physician Assistants, while not exceptionally concentrated with a Location Quotient of 0.88, supports a stable workforce of 360 professionals. The presence of nearly one job per thousand workers indicates a consistent, albeit not rapidly expanding, demand for these vital healthcare providers. This suggests a mature job market where opportunities are steady, providing a reliable career path for existing and incoming Physician Assistants.
Salary Overview
The average Physician Assistants in Albuquerque, NM earns+4.4%above the national average.
$68.7
$2,749
$11,911
Physician Assistants Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that Physician Assistant salaries in Albuquerque, mirroring national trends, have experienced steady growth over the past four years. Factors such as increasing healthcare needs, advancements in medical technology, and a growing demand for accessible healthcare services likely contribute to this upward salary trajectory, ensuring competitive compensation for professionals in the field.
Physician Assistants Salary Distribution in Albuquerque, NM
The career progression for Physician Assistants in Albuquerque, NM, is typically marked by a significant salary increase from entry-level to senior positions. While exact figures vary, experienced Physician Assistants often earn substantially more than their junior counterparts, with the top percentiles reflecting a higher earning potential. This salary scaling underscores the value placed on accumulated knowledge, specialized skills, and years of dedicated practice within the healthcare system.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $87,860 | $42.2 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $107,198 | $51.5 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $135,020 | $64.9 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $178,663 | $85.9 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $214,395 | $103.1 |
Detailed Physician Assistants Market Analysis
Relocation Context
Nominal Salary
$142,930
Gross Pay
Real Wage (Purchasing Power)
$142,930
Adjusted for COL (100)
For Physician Assistants considering a move to Albuquerque, NM, the average annual salary of $142,930 aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Albuquerque-based Physician Assistant's salary is equivalent to the national standard, offering a stable financial foundation without the immediate pressure of higher living expenses often associated with more expensive metropolitan areas.
Job Market Context
360
Total Jobs
0.886
Per 1K Jobs
0.88
Location Quotient
Albuquerque, NM has 0.88x the national average concentration of Physician Assistants 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 0.88, Albuquerque's job market for Physician Assistants is slightly less concentrated than the national average. This suggests that while the demand is present and supported by a workforce of 360, the field is not oversaturated. This equilibrium indicates a healthy competitive landscape where skilled Physician Assistants can find opportunities without facing extreme competition, making it an attractive location for those seeking a balanced professional environment.
Nearby Job Markets
Nearby Cities for Physician Assistants
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Physician Assistants Salary | $136,400↓ 5% | 29 mi |
| Northern New Mexico nonmetropolitan area Physician Assistants Salary | $144,570↑ 1% | 29 mi |
| Santa Fe, NM Physician Assistants Salary | $144,020↑ 1% | 54 mi |
Comparing salaries near Albuquerque, NM
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Frequently Asked Questions
How much does a Physician Assistants make in Albuquerque, NM?
The median annual salary for a Physician Assistants in Albuquerque, NM is $142,930. This typically ranges from $87,860 for entry-level positions to $214,395 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 4.4% higher than the national median of $136,910.
Is Albuquerque, NM a lucrative place for Physician Assistants?
Yes, Albuquerque, NM offers a lucrative environment for Physician Assistants.The average annual salary of $142,930 significantly exceeds the national average, and this is complemented by a cost of living that matches the national benchmark, ensuring strong purchasing power.
Is Albuquerque, NM a good place to live for Physician Assistants?
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 ($136,400) and Northern New Mexico nonmetropolitan area.
How does the Physician Assistant salary in Albuquerque compare to the national average?
Physician Assistants in Albuquerque earn an average of $142,930 annually, which is higher than the national average of $136,910.
What is the concentration of Physician Assistants in Albuquerque compared to the rest of the US?
Albuquerque has a Location Quotient of 0.88 for Physician Assistants, indicating a slightly lower concentration compared to the national average.
Does the cost of living in Albuquerque affect the Physician Assistant salary?
No, the cost of living in Albuquerque is exactly at the national average (100), meaning the $142,930 salary offers purchasing power equivalent to the national standard.
How many Physician Assistants are employed in Albuquerque?
There are approximately 360 Physician Assistants employed in Albuquerque, NM.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Albuquerque, NM area with a job density of 0.886 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Physician Assistants • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM