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Average Production Occupations Salary in Northern New Mexico nonmetropolitan area

Production Occupations in the Northern New Mexico nonmetropolitan area command an average annual salary of $54,170. This figure notably surpasses the national average of $49,710, suggesting a localized premium for these roles. This differential is likely influenced by the specific industrial landscape and labor demands unique to this region.

Executive Summary

  • Average Salary: $54,170 per year.
  • Growth Trend: Salaries have shifted 17.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $92,370.
  • Outlook: With a total local workforce of 1,840 individuals in Production Occupations, the job market in Northern New Mexico presents a moderate presence. The location quotient of 0.39 indicates that these roles are less concentrated here compared to the national average, suggesting that while opportunities exist, they are not as pervasive as in more industrialized areas.
2024 Market Data

Salary Overview

$54,170

The average Production Occupations in Northern New Mexico nonmetropolitan area earns+9.0%above the national average.

BreakdownBased on 40h/week
Hourly

$26

Weekly

$1,042

Monthly

$4,514

Production Occupations Salary Distribution in Northern New Mexico nonmetropolitan area

Salary progression within Production Occupations typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior roles, demanding specialized skills and extensive experience, can command significantly higher compensation. The percentile gaps in salary distributions reflect these opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$28,420$13.7
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$40,628$19.5
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$41,600$20
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$67,713$32.6
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$92,370$44.4

Detailed Production Occupations Market Analysis

Relocation Context

Nominal Salary

$54,170

Gross Pay

Real Wage (Purchasing Power)

$54,170

Adjusted for COL (100)

The average annual salary of $54,170 in Northern New Mexico aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Production Occupations salary in this region is equivalent to the national standard, offering a stable financial footing without the added pressure of a higher cost of living.

Job Market Context

1,840

Total Jobs

22.242

Per 1K Jobs

0.39

Location Quotient

Low Concentration

At 0.39x, Northern New Mexico nonmetropolitan area has a notably lower concentration of Production Occupations jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The location quotient of 0.39 for Production Occupations in Northern New Mexico signifies a lower concentration of these jobs relative to the national average. This suggests that the job market may be less competitive in terms of sheer volume of available positions, but also indicates that employers might face challenges in finding a deep pool of specialized talent, potentially influencing hiring dynamics.

Nearby Job Markets

Nearby Cities for Production Occupations

Comparing salaries near Northern New Mexico nonmetropolitan area

Hiring Production Occupationss?

Frequently Asked Questions

How much does a Production Occupations make in Northern New Mexico nonmetropolitan area?

The median annual salary for a Production Occupations in Northern New Mexico nonmetropolitan area is $54,170. This typically ranges from $28,420 for entry-level positions to $92,370 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northern New Mexico nonmetropolitan area is 9.0% higher than the national median of $49,710.

Is Northern New Mexico nonmetropolitan area a lucrative place for Production Occupationss?

Yes, it offers a competitive salary.Production Occupations in Northern New Mexico earn an average of $54,170, which is higher than the national average. Coupled with a national average cost of living, this makes the area financially attractive for these roles.

Is Northern New Mexico nonmetropolitan area a good place to live for Production Occupations?

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

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

Some top paying nearby cities include Albuquerque, NM ($49,110) and Santa Fe, NM.

How does the Northern New Mexico salary compare to the national average?

The average annual salary for Production Occupations in Northern New Mexico is $54,170, which is $4,460 higher than the national average of $49,710.

What is the concentration of Production Occupations jobs in this area?

The location quotient is 0.39, meaning Production Occupations are less concentrated in Northern New Mexico compared to the national average.

How does the cost of living affect the salary in Northern New Mexico?

With a cost of living index of 100, the national average, the $54,170 salary in Northern New Mexico offers purchasing power equivalent to the national standard.

What is the total number of Production Occupations workers in the area?

There are 1,840 individuals employed in Production Occupations within the Northern 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 1,840 employees in the Northern New Mexico nonmetropolitan area area with a job density of 22.242 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.