Average Sales and Related Occupations Salary in Northern New Mexico nonmetropolitan area
In the Northern New Mexico nonmetropolitan area, professionals in Sales and Related Occupations earn an average annual salary of $37,970. This figure significantly trails the national average of $54,110, indicating a distinct regional compensation structure. Factors such as the local economic landscape and industry demand likely contribute to this disparity.
Executive Summary
- Average Salary: $37,970 per year.
- Growth Trend: Salaries have shifted 20.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $56,090.
- Outlook: The sales sector in Northern New Mexico's nonmetropolitan region encompasses a workforce of 5,760 individuals. With a Location Quotient of 0.8, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally concentrated job market. The presence of approximately 69.49 jobs per 1,000 workers indicates a consistent, albeit moderate, demand for sales professionals within this area.
Salary Overview
The average Sales and Related Occupations in Northern New Mexico nonmetropolitan area earns-29.8%below the national average.
$18.3
$730
$3,164
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that sales occupations in Northern New Mexico have experienced salary growth over the past four years, mirroring broader economic trends. Such growth would likely be influenced by inflation, evolving market demands, and the general economic health of the region, though the pace may differ from national trends.
Sales and Related Occupations Salary Distribution in Northern New Mexico nonmetropolitan area
Career progression in Sales and Related Occupations typically involves a significant salary increase from entry-level to senior positions. While specific percentile data for this region is unavailable, the expected salary gap between junior and experienced professionals would signify substantial career advancement opportunities. These differences highlight the value placed on accumulated expertise and performance within the sales field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $26,850 | $12.9 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $28,478 | $13.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $31,060 | $14.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $47,463 | $22.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $56,090 | $27 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$37,970
Gross Pay
Real Wage (Purchasing Power)
$37,970
Adjusted for COL (100)
The average annual salary of $37,970 in Northern New Mexico's nonmetropolitan area 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 is equivalent to the national standard, suggesting that the cost of essential goods and services locally is comparable to the rest of the country.
Job Market Context
5,760
Total Jobs
69.491
Per 1K Jobs
0.8
Location Quotient
Northern New Mexico nonmetropolitan area has 0.80x 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.
A Location Quotient of 0.8 for Sales and Related Occupations in Northern New Mexico's nonmetropolitan area indicates that this sector is slightly less concentrated than the national average. This suggests that while sales roles are present and necessary, the market is not saturated, and opportunities may be moderately competitive, with demand being relatively stable compared to national benchmarks.
Nearby Job Markets
Nearby Cities for Sales and Related Occupations
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Sales and Related Occupations Salary | $44,940↑ 18% | 29 mi |
| Santa Fe, NM Sales and Related Occupations Salary | $45,560↑ 20% | 59 mi |
Comparing salaries near Northern New Mexico nonmetropolitan area
Hiring Sales and Related Occupationss?
Frequently Asked Questions
How much does a Sales and Related Occupations make in Northern New Mexico nonmetropolitan area?
The median annual salary for a Sales and Related Occupations in Northern New Mexico nonmetropolitan area is $37,970. This typically ranges from $26,850 for entry-level positions to $56,090 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 29.8% lower than the national median of $54,110.
Is Northern New Mexico nonmetropolitan area a lucrative place for Sales and Related Occupationss?
No, not when compared to national averages.The average salary of $37,970 is substantially lower than the national average of $54,110. However, the cost of living is on par with the national average, meaning the lower salary has equivalent purchasing power locally.
Is Northern New Mexico nonmetropolitan area a good place to live for Sales and Related 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 ($44,940) and Santa Fe, NM.
How does the Northern New Mexico sales job market compare to the national average in terms of concentration?
The Location Quotient of 0.8 indicates that Sales and Related Occupations are slightly less concentrated in Northern New Mexico's nonmetropolitan area compared to the national average, suggesting a moderately competitive market.
What is the total number of sales-related jobs in this region?
There are approximately 5,760 individuals employed in Sales and Related Occupations within the Northern New Mexico nonmetropolitan area.
How does the cost of living in Northern New Mexico affect the salary?
With a Cost of Living Index of 100, the local cost of living matches the national average. Therefore, the $37,970 salary offers purchasing power equivalent to the national average, despite being lower in nominal terms.
Are there many sales jobs per capita in this region?
Yes, there are 69.491 jobs per 1,000 workers in Sales and Related Occupations, indicating a steady presence of these roles within the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,760 employees in the Northern New Mexico nonmetropolitan area area with a job density of 69.491 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Sales and Related Occupations • Data source: BLS OEWS 2024 •Jobs in Northern New Mexico nonmetropolitan area