Average Retail Salespersons Salary in Northern New Mexico nonmetropolitan area
In the Northern New Mexico nonmetropolitan area, Retail Salespersons earn an average annual salary of $34,370. This figure is slightly below the national average of $37,150, reflecting regional economic factors and the specific demands of the local market. The compensation is influenced by the unique economic landscape and cost of living within this specific geographic region.
Executive Summary
- Average Salary: $34,370 per year.
- Growth Trend: Salaries have shifted 23.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $43,420.
- Outlook: The job market for Retail Salespersons in Northern New Mexico is moderately sized, with a total local workforce of 1,740 individuals. The location quotient of 0.85 suggests a slightly lower concentration of these roles compared to the national average, indicating a stable but not exceptionally high demand. With 21.009 jobs per 1,000 workers, the presence of these positions is consistent with the overall employment structure of the area.
Salary Overview
The average Retail Salespersons in Northern New Mexico nonmetropolitan area earns-7.5%below the national average.
$16.5
$661
$2,864
Retail Salespersons Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's generally assumed that salaries for Retail Salespersons across nonmetropolitan areas have seen modest growth over the past four years, driven by inflation and evolving retail dynamics. This trend likely mirrors a gradual increase in compensation to keep pace with the cost of living and to attract and retain talent in the sector.
Retail Salespersons Salary Distribution in Northern New Mexico nonmetropolitan area
Salary progression for Retail Salespersons typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive sales experience and proven track records can command significantly higher salaries. The percentile gaps in earnings within this role signify clear career progression pathways, rewarding increased skill, responsibility, and sales performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $26,910 | $12.9 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $25,778 | $12.4 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $30,630 | $14.7 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $42,963 | $20.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $43,420 | $20.9 |
Detailed Retail Salespersons Market Analysis
Relocation Context
Nominal Salary
$34,370
Gross Pay
Real Wage (Purchasing Power)
$34,370
Adjusted for COL (100)
The average annual salary of $34,370 in Northern New Mexico aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Retail Salesperson's salary in this area is comparable to the national median. While the nominal salary may appear lower than the national average, the equivalent cost of living suggests that the take-home pay offers a similar standard of living.
Job Market Context
1,740
Total Jobs
21.009
Per 1K Jobs
0.85
Location Quotient
Northern New Mexico nonmetropolitan area has 0.85x the national average concentration of Retail Salespersons 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 0.85, the job market for Retail Salespersons in Northern New Mexico is slightly less concentrated than the national average. This indicates that while retail sales roles are present and necessary, they do not dominate the local employment landscape to the same extent as they might in other regions. The market is neither oversaturated nor exceptionally scarce, suggesting a balanced environment for job seekers and employers.
Nearby Job Markets
Nearby Cities for Retail Salespersons
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Retail Salespersons Salary | $34,800↑ 1% | 29 mi |
| Santa Fe, NM Retail Salespersons Salary | $38,040↑ 11% | 59 mi |
Comparing salaries near Northern New Mexico nonmetropolitan area
Hiring Retail Salespersonss?
Frequently Asked Questions
How much does a Retail Salespersons make in Northern New Mexico nonmetropolitan area?
The median annual salary for a Retail Salespersons in Northern New Mexico nonmetropolitan area is $34,370. This typically ranges from $26,910 for entry-level positions to $43,420 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 7.5% lower than the national median of $37,150.
Is Northern New Mexico nonmetropolitan area a lucrative place for Retail Salespersons?
No, it is not exceptionally lucrative.The average salary of $34,370 is below the national average, and the location quotient suggests a slightly lower concentration of these jobs compared to the rest of the country.
Is Northern New Mexico nonmetropolitan area a good place to live for Retail Salespersons?
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 ($34,800) and Santa Fe, NM.
How does the cost of living affect the salary?
The Cost of Living Index in Northern New Mexico is 100, which is the national average. This means the $34,370 salary has purchasing power equivalent to the national average, despite being below the national average salary figure.
What does a Location Quotient of 0.85 mean for job seekers?
A Location Quotient of 0.85 indicates that Retail Salesperson roles are slightly less common in Northern New Mexico compared to the national average. This suggests a stable job market without excessive competition.
Are there many Retail Salesperson jobs in this area?
There are 1,740 Retail Salespersons in the local workforce, representing 21.009 jobs per 1,000 workers. This indicates a consistent presence of these roles within the community.
How does experience impact Retail Salesperson salaries in Northern New Mexico?
As with most roles, experience significantly influences salary. Entry-level positions will likely be at the lower end, while experienced sales professionals can expect to earn more, reflecting their skills and contribution to sales.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,740 employees in the Northern New Mexico nonmetropolitan area area with a job density of 21.009 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 Northern New Mexico nonmetropolitan area