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Average Sales and Related Occupations Salary in Eastern New Mexico nonmetropolitan area

In the Eastern New Mexico nonmetropolitan area, professionals in Sales and Related Occupations earn an average annual salary of $40,910. This figure is notably below the national average of $54,110, reflecting the unique economic landscape and demand drivers specific to this region. The localized pay scale is a direct consequence of the area's economic structure and the concentration of these roles.

Executive Summary

  • Average Salary: $40,910 per year.
  • Growth Trend: Salaries have shifted 18.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $66,600.
  • Outlook: With a substantial local workforce of 14,120 individuals employed in Sales and Related Occupations, the job market in Eastern New Mexico demonstrates a significant presence. The Location Quotient of 1 indicates that the concentration of these roles is on par with the national average, suggesting a stable and consistent demand for sales professionals within the region's economic framework.
2024 Market Data

Salary Overview

$40,910

The average Sales and Related Occupations in Eastern New Mexico nonmetropolitan area earns-24.4%below the national average.

BreakdownBased on 40h/week
Hourly

$19.7

Weekly

$787

Monthly

$3,409

Sales and Related Occupations Salary Distribution in Eastern New Mexico nonmetropolitan area

Career progression in Sales and Related Occupations typically sees a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with proven track records and advanced skills can command substantially higher compensation. The percentile gaps in salary distribution clearly signify the potential for career advancement and increased earning power.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$26,840$12.9
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$30,683$14.8
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$31,250$15
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$51,138$24.6
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$66,600$32

Detailed Sales and Related Occupations Market Analysis

Relocation Context

Nominal Salary

$40,910

Gross Pay

Real Wage (Purchasing Power)

$40,910

Adjusted for COL (100)

The average annual salary of $40,910 in Eastern New Mexico aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal income is lower than the national average, the purchasing power of this salary within the region is equivalent to the national standard, offering a balanced financial outlook for residents.

Job Market Context

14,120

Total Jobs

86.325

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Eastern New Mexico nonmetropolitan area has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.

A Location Quotient of 1 for Sales and Related Occupations in Eastern New Mexico signifies that the industry's presence and employment concentration are directly in line with the national average. This suggests a balanced job market where demand and supply for sales professionals are relatively stable, without significant over- or under-representation compared to the rest of the country.

Nearby Job Markets

Nearby Cities for Sales and Related Occupations

Comparing salaries near Eastern New Mexico nonmetropolitan area

Hiring Sales and Related Occupationss?

Frequently Asked Questions

How much does a Sales and Related Occupations make in Eastern New Mexico nonmetropolitan area?

The median annual salary for a Sales and Related Occupations in Eastern New Mexico nonmetropolitan area is $40,910. This typically ranges from $26,840 for entry-level positions to $66,600 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 24.4% lower than the national median of $54,110.

Is Eastern New Mexico nonmetropolitan area a lucrative place for Sales and Related Occupationss?

No, not when compared to national averages.The average salary of $40,910 is significantly lower than the national average of $54,110. However, the cost of living is also at the national average, making the purchasing power comparable.

Is Eastern New Mexico nonmetropolitan area a good place to live for Sales and Related Occupations?

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 ($44,940) and Santa Fe, NM.

What is the total number of Sales and Related Occupations workers in Eastern New Mexico?

There are 14,120 individuals employed in Sales and Related Occupations within the Eastern New Mexico nonmetropolitan area.

How does the concentration of Sales jobs in Eastern New Mexico compare to the national average?

The concentration of Sales and Related Occupations in Eastern New Mexico is exactly at the national average, indicated by a Location Quotient of 1.

What does a Location Quotient of 1 mean for the job market?

A Location Quotient of 1 means that the proportion of Sales and Related Occupations workers in Eastern New Mexico is the same as the national average, suggesting a typical market saturation.

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

With a Cost of Living Index of 100, the $40,910 salary in Eastern New Mexico offers purchasing power equivalent to the national average, despite being lower in nominal terms.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 14,120 employees in the Eastern New Mexico nonmetropolitan area area with a job density of 86.325 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.