Average Production Occupations Salary in Albuquerque, NM
In Albuquerque, NM, professionals in Production Occupations earn an average annual salary of $49,110. This figure is slightly below the national average of $49,710, reflecting local economic conditions and industry demand specific to the region. While the nominal salary is close to the national benchmark, understanding the local market dynamics is crucial for evaluating compensation.
Executive Summary
- Average Salary: $49,110 per year.
- Growth Trend: Salaries have shifted 23.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $78,010.
- Outlook: Albuquerque's production sector supports a substantial local workforce of 13,890 individuals. The location quotient of 0.61 indicates that this sector is less concentrated in Albuquerque compared to the national average, suggesting a moderate but not dominant presence. With 34.608 jobs per 1,000 workers, the production field offers a steady presence within the city's employment landscape.
Salary Overview
The average Production Occupations in Albuquerque, NM earns-1.2%below the national average.
$23.6
$944
$4,093
Production Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Production Occupations in Albuquerque have experienced growth over the past four years, mirroring general economic trends and inflation. This upward trajectory is typical as industries adapt to market demands and seek to retain skilled labor through competitive compensation adjustments.
Production Occupations Salary Distribution in Albuquerque, NM
Career progression in Production Occupations typically leads to significant salary increases. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries in the upper percentiles, often exceeding $60,000 annually. The widening gap between entry-level and senior roles highlights the value of accumulated expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $30,530 | $14.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $36,833 | $17.7 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $40,700 | $19.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $61,388 | $29.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $78,010 | $37.5 |
Detailed Production Occupations Market Analysis
Relocation Context
Nominal Salary
$49,110
Gross Pay
Real Wage (Purchasing Power)
$49,110
Adjusted for COL (100)
The average annual salary of $49,110 in Albuquerque aligns perfectly with the national average cost of living, which is indexed at 100. This means that the purchasing power of the local salary is on par with the national standard, offering a stable financial environment for residents. Your earnings in Albuquerque will likely provide a similar lifestyle to what you could expect in a typical U.S. city.
Job Market Context
13,890
Total Jobs
34.608
Per 1K Jobs
0.61
Location Quotient
Albuquerque, NM has 0.61x the national average concentration of Production Occupations 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 0.61, the production occupations market in Albuquerque is less concentrated than the national average. This suggests that while opportunities exist, the field may not be as saturated as in other regions, potentially offering a competitive edge for skilled professionals seeking employment. It indicates a market that is present but not a primary hub for this industry nationwide.
Nearby Job Markets
Nearby Cities for Production Occupations
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Production Occupations Salary | $53,420↑ 9% | 29 mi |
| Northern New Mexico nonmetropolitan area Production Occupations Salary | $54,170↑ 10% | 29 mi |
| Santa Fe, NM Production Occupations Salary | $49,370↑ 1% | 54 mi |
Comparing salaries near Albuquerque, NM
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Frequently Asked Questions
How much does a Production Occupations make in Albuquerque, NM?
The median annual salary for a Production Occupations in Albuquerque, NM is $49,110. This typically ranges from $30,530 for entry-level positions to $78,010 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 1.2% lower than the national median of $49,710.
Is Albuquerque, NM a lucrative place for Production Occupationss?
No, not exceptionally lucrative compared to the national average.While the average salary of $49,110 is close to the national average, the location quotient suggests a lower concentration of these jobs. The cost of living being at the national average means the salary's purchasing power is standard, not enhanced.
Is Albuquerque, NM a good place to live for Production Occupations?
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 ($53,420) and Northern New Mexico nonmetropolitan area.
How does the cost of living in Albuquerque affect the Production Occupations salary?
Albuquerque's cost of living is exactly at the national average (100). This means the $49,110 average salary for Production Occupations has standard purchasing power, neither significantly boosted nor diminished by local expenses.
Is the Production Occupations job market in Albuquerque growing?
While specific growth rates aren't provided, the presence of 13,890 workers and 34.608 jobs per 1,000 indicates a stable market. A location quotient below 1.0 suggests it's not a national hotspot but offers consistent opportunities.
What is the significance of the Location Quotient for Production Occupations in Albuquerque?
A Location Quotient of 0.61 means that Production Occupations are 39% less concentrated in Albuquerque compared to the national average. This implies a less competitive market for employers and potentially more opportunities for skilled workers relative to the national density.
How much more can experienced Production Occupations professionals earn in Albuquerque?
While entry-level roles might align with the lower end of the salary spectrum, senior-level Production Occupations professionals with significant experience and specialized skills can expect to earn considerably more, potentially reaching into the higher salary percentiles well above the $49,110 average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 13,890 employees in the Albuquerque, NM area with a job density of 34.608 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Production Occupations • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM