SalaryNode

Average Sales Managers Salary in Albuquerque, NM

Sales Managers in Albuquerque, New Mexico, can expect an average annual salary of $127,480. This figure is notably below the national average of $161,040, suggesting that local market dynamics and potentially lower operational costs influence compensation levels in the region.

Executive Summary

  • Average Salary: $127,480 per year.
  • Growth Trend: Salaries have shifted 18.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $210,160.
  • Outlook: With a local workforce of 720 Sales Managers, Albuquerque presents a moderate employment landscape for this profession. The Location Quotient of 0.46 indicates that this role is less concentrated in Albuquerque compared to the national average, suggesting a potentially less saturated but also less specialized market.
2024 Market Data

Salary Overview

$127,480

The average Sales Managers in Albuquerque, NM earns-20.8%below the national average.

BreakdownBased on 40h/week
Hourly

$61.3

Weekly

$2,452

Monthly

$10,623

Sales Managers Salary Distribution in Albuquerque, NM

The career trajectory for Sales Managers typically involves significant salary progression. Entry-level positions often start at the lower percentiles, while seasoned professionals with extensive experience and a proven track record can command salaries in the upper percentiles, reflecting their increased value and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$64,850$31.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$95,610$46
ManagerOversees team, compliance, and project delivery.50% (Median)$109,420$52.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$159,350$76.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$210,160$101

Detailed Sales Managers Market Analysis

Relocation Context

Nominal Salary

$127,480

Gross Pay

Real Wage (Purchasing Power)

$127,480

Adjusted for COL (100)

The average annual salary of $127,480 in Albuquerque aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Sales Manager's salary in Albuquerque is equivalent to the national average, offering a stable financial standing relative to general living expenses.

Job Market Context

720

Total Jobs

1.794

Per 1K Jobs

0.46

Location Quotient

Low Concentration

At 0.46x, Albuquerque, NM has a notably lower concentration of Sales Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

A Location Quotient of 0.46 signifies that Sales Manager roles are less prevalent in Albuquerque than the national average. This suggests that while opportunities may exist, the market is not as saturated, potentially offering a competitive environment for skilled professionals seeking to establish themselves.

Nearby Job Markets

Nearby Cities for Sales Managers

Comparing salaries near Albuquerque, NM

Hiring Sales Managerss?

Frequently Asked Questions

How much does a Sales Managers make in Albuquerque, NM?

The median annual salary for a Sales Managers in Albuquerque, NM is $127,480. This typically ranges from $64,850 for entry-level positions to $210,160 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albuquerque, NM is 20.8% lower than the national median of $161,040.

Is Albuquerque, NM a lucrative place for Sales Managers?

No, not compared to the national average.The average salary of $127,480 is significantly lower than the national average of $161,040. However, the cost of living is also at the national average, meaning the salary's purchasing power is comparable.

Is Albuquerque, NM a good place to live for Sales Managers?

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 ($125,190) and Santa Fe, NM.

How does Albuquerque's Sales Manager salary compare to the national average?

The average salary for Sales Managers in Albuquerque is $127,480, which is approximately 21% lower than the national average of $161,040.

What is the concentration of Sales Managers in Albuquerque?

Albuquerque has a concentration of Sales Managers indicated by a Location Quotient of 0.46, meaning it is less concentrated than the national average.

How does the cost of living in Albuquerque affect salary perception?

With a Cost of Living Index of 100, Albuquerque's cost of living is average. Therefore, the $127,480 salary offers purchasing power equivalent to the national average.

What is the total number of Sales Managers in Albuquerque?

There are approximately 720 Sales Managers employed in Albuquerque, representing 1.794 jobs per 1,000 workers in the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 720 employees in the Albuquerque, NM area with a job density of 1.794 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.