Average Sales and Related Occupations Salary in Albuquerque, NM
In Albuquerque, NM, professionals in Sales and Related Occupations earn an average annual salary of $44,940. This figure is notably below the national average of $54,110, reflecting a localized compensation structure influenced by regional economic factors and the specific demands of the New Mexico market. Understanding these local dynamics is crucial for setting realistic salary expectations.
Executive Summary
- Average Salary: $44,940 per year.
- Growth Trend: Salaries have shifted 18.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $74,900.
- Outlook: Albuquerque's market for Sales and Related Occupations is substantial, with a total local workforce of 33,040 individuals employed in this sector. The location quotient of 0.95 suggests a concentration of these roles that is nearly on par with the national average, indicating a stable and established presence of sales professionals within the city's economy.
Salary Overview
The average Sales and Related Occupations in Albuquerque, NM earns-16.9%below the national average.
$21.6
$864
$3,745
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data for Albuquerque's sales sector isn't provided, it's reasonable to assume a general trend of salary growth mirroring national patterns over the past four years. Economic recovery and evolving sales strategies likely contribute to incremental increases in compensation, though local market conditions will ultimately dictate the pace and magnitude of these advancements.
Sales and Related Occupations Salary Distribution in Albuquerque, NM
Career progression within Sales and Related Occupations in Albuquerque typically involves a significant salary increase from entry-level to senior positions. The widening gap between lower and higher salary percentiles signifies ample opportunity for advancement, rewarding experience, skill development, and demonstrated success in driving revenue and client relationships.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $27,760 | $13.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $33,705 | $16.2 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $35,150 | $16.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $56,175 | $27 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $74,900 | $36 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$44,940
Gross Pay
Real Wage (Purchasing Power)
$44,940
Adjusted for COL (100)
The average annual salary of $44,940 in Albuquerque aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a sales professional's income in Albuquerque is equivalent to that of their national counterpart, suggesting a balanced economic environment where nominal wages translate directly to real-term value.
Job Market Context
33,040
Total Jobs
82.332
Per 1K Jobs
0.95
Location Quotient
Albuquerque, NM has 0.95x the national average concentration of Sales and Related 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 0.95, Albuquerque's market for Sales and Related Occupations is very close to the national average in terms of concentration. This indicates a well-balanced job market where demand for sales talent is present and consistent with broader U.S. trends, without being overly saturated or exceptionally scarce.
Nearby Job Markets
Nearby Cities for Sales and Related Occupations
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Sales and Related Occupations Salary | $40,910↓ 9% | 29 mi |
| Northern New Mexico nonmetropolitan area Sales and Related Occupations Salary | $37,970↓ 16% | 29 mi |
| Santa Fe, NM Sales and Related Occupations Salary | $45,560↑ 1% | 54 mi |
Comparing salaries near Albuquerque, NM
Hiring Sales and Related Occupationss?
Frequently Asked Questions
How much does a Sales and Related Occupations make in Albuquerque, NM?
The median annual salary for a Sales and Related Occupations in Albuquerque, NM is $44,940. This typically ranges from $27,760 for entry-level positions to $74,900 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 16.9% lower than the national median of $54,110.
Is Albuquerque, NM a lucrative place for Sales and Related Occupationss?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary of $44,940 is significantly lower than the national average of $54,110, indicating less earning potential in this specific role.
Is Albuquerque, NM a good place to live for Sales and Related 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 ($40,910) and Northern New Mexico nonmetropolitan area.
How does Albuquerque's sales job market compare to the national average?
Albuquerque's sales job market is very similar to the national average in terms of concentration, with a location quotient of 0.95. However, the average salary is lower than the national average.
What is the average salary for Sales and Related Occupations in Albuquerque, NM?
The average annual salary for Sales and Related Occupations in Albuquerque, NM is $44,940.
Is the cost of living high in Albuquerque, NM?
No, Albuquerque's cost of living is exactly at the national average, with an index of 100.
How many people work in Sales and Related Occupations in Albuquerque, NM?
There are approximately 33,040 individuals employed in Sales and Related Occupations within 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 33,040 employees in the Albuquerque, NM area with a job density of 82.332 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Sales and Related Occupations Salaries by State
Top Jobs in Albuquerque, NM
- All Occupations Salary in Albuquerque, NM
- Office and Administrative Support Occupations Salary in Albuquerque, NM
- Food Preparation and Serving Related Occupations Salary in Albuquerque, NM
- Sales and Related Occupations Salary in Albuquerque, NM
- Transportation and Material Moving Occupations Salary in Albuquerque, NM
- Healthcare Practitioners and Technical Occupations Salary in Albuquerque, NM
- Healthcare Support Occupations Salary in Albuquerque, NM
- Business and Financial Operations Occupations Salary in Albuquerque, NM
- Management Occupations Salary in Albuquerque, NM
- Construction and Extraction Occupations Salary in Albuquerque, NM
- Browse All Jobs in Albuquerque, NM →
Semantic Salary Analysis for Sales and Related Occupations • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM