Average Retail Salespersons Salary in Eastern New Mexico nonmetropolitan area
Retail Salespersons in the Eastern New Mexico nonmetropolitan area earn an average annual salary of $33,720. This figure is slightly below the national average of $37,150, reflecting regional economic factors and potentially a different market dynamic compared to larger metropolitan hubs. The specific pay scale in this area is influenced by local demand, cost of doing business, and the overall economic landscape of nonmetropolitan New Mexico.
Executive Summary
- Average Salary: $33,720 per year.
- Growth Trend: Salaries have shifted 20.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $40,320.
- Outlook: The Eastern New Mexico nonmetropolitan area supports a substantial workforce of 4,180 Retail Salespersons. With a Location Quotient of 1.04, the concentration of these jobs is slightly above the national average, indicating a stable and perhaps slightly growing demand for retail sales talent within the region. The presence of 25.558 jobs per 1,000 workers further underscores the significance of this sector to the local economy.
Salary Overview
The average Retail Salespersons in Eastern New Mexico nonmetropolitan area earns-9.2%below the national average.
$16.2
$648
$2,810
Retail Salespersons Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Retail Salespersons in Eastern New Mexico have experienced gradual growth over the past four years, mirroring national trends. Economic recovery, inflation, and evolving retail strategies likely contribute to modest annual increases, aiming to keep compensation competitive within the local market context.
Retail Salespersons Salary Distribution in Eastern New Mexico nonmetropolitan area
Career progression for Retail Salespersons in Eastern New Mexico typically involves moving from entry-level positions to more senior roles, which naturally commands higher compensation. While specific percentile data isn't available, the typical salary range would see significant increases for experienced professionals, team leads, or assistant managers, reflecting acquired skills, customer service expertise, and sales performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $26,780 | $12.9 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $25,290 | $12.2 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $30,300 | $14.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $42,150 | $20.3 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $40,320 | $19.4 |
Detailed Retail Salespersons Market Analysis
Relocation Context
Nominal Salary
$33,720
Gross Pay
Real Wage (Purchasing Power)
$33,720
Adjusted for COL (100)
The average annual salary of $33,720 in Eastern New Mexico aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary might appear lower than the national average, the purchasing power of that income is equivalent to the national standard. Consumers can expect local prices for goods and services to be on par with the rest of the country.
Job Market Context
4,180
Total Jobs
25.558
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Eastern New Mexico nonmetropolitan area has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.
With a Location Quotient of 1.04, the job market for Retail Salespersons in Eastern New Mexico is marginally more concentrated than the national average. This suggests that the demand for retail sales roles is robust and slightly exceeds the national proportion, indicating a healthy employment landscape for individuals in this profession within the region.
Nearby Job Markets
Nearby Cities for Retail Salespersons
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Retail Salespersons Salary | $34,800↑ 3% | 29 mi |
| Santa Fe, NM Retail Salespersons Salary | $38,040↑ 13% | 59 mi |
Comparing salaries near Eastern New Mexico nonmetropolitan area
Hiring Retail Salespersonss?
Frequently Asked Questions
How much does a Retail Salespersons make in Eastern New Mexico nonmetropolitan area?
The median annual salary for a Retail Salespersons in Eastern New Mexico nonmetropolitan area is $33,720. This typically ranges from $26,780 for entry-level positions to $40,320 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern New Mexico nonmetropolitan area is 9.2% lower than the national median of $37,150.
Is Eastern New Mexico nonmetropolitan area a lucrative place for Retail Salespersons?
No, not exceptionally lucrative compared to the national average.The average salary of $33,720 is below the national average, though the cost of living is also at the national average, meaning purchasing power is comparable.
Is Eastern New Mexico nonmetropolitan area a good place to live for Retail Salespersons?
The Cost of Living Index in Eastern New Mexico nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern New Mexico nonmetropolitan area?
Some top paying nearby cities include Albuquerque, NM ($34,800) and Santa Fe, NM.
How does the salary compare to the national average?
The average annual salary for Retail Salespersons in Eastern New Mexico is $33,720, which is approximately $3,430 less than the national average of $37,150.
What is the Cost of Living in Eastern New Mexico nonmetropolitan area?
The Cost of Living Index for this region is 100, which is exactly the national average, indicating that prices for goods and services are neither significantly higher nor lower than the national standard.
How concentrated is the job market for Retail Salespersons in this area?
The job market is slightly more concentrated than the national average, with a Location Quotient of 1.04, suggesting a stable demand for these roles.
What is the total number of Retail Salespersons in Eastern New Mexico?
There are approximately 4,180 Retail Salespersons employed in the Eastern 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 4,180 employees in the Eastern New Mexico nonmetropolitan area area with a job density of 25.558 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Retail Salespersons • Data source: BLS OEWS 2024 •Jobs in Eastern New Mexico nonmetropolitan area