Average Security and Fire Alarm Systems Installers Salary in Albuquerque, NM
Security and Fire Alarm Systems Installers in Albuquerque, NM, earn an average annual salary of $48,230. This figure is notably below the national average of $59,970, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation for this specialized trade within the Duke City.
Executive Summary
- Average Salary: $48,230 per year.
- Growth Trend: Salaries have shifted 4.4% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,820.
- Outlook: With a local workforce of 260 professionals, the market for Security and Fire Alarm Systems Installers in Albuquerque presents a stable, albeit niche, employment landscape. The Location Quotient of 1.24 indicates a slightly higher concentration of these roles compared to the national average, suggesting a steady demand that aligns with the size of the local professional pool.
Salary Overview
The average Security and Fire Alarm Systems Installers in Albuquerque, NM earns-19.6%below the national average.
$23.2
$928
$4,019
Security and Fire Alarm Systems Installers Salary Trends (2020-2024)
While specific historical data for this role in Albuquerque is not provided, it is reasonable to assume a general upward trend in salaries for skilled trades like Security and Fire Alarm Systems Installers over the past four years, mirroring national economic growth and increasing demand for security infrastructure.
Security and Fire Alarm Systems Installers Salary Distribution in Albuquerque, NM
Salary progression for Security and Fire Alarm Systems Installers typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive knowledge of complex systems and troubleshooting expertise can command significantly higher salaries, with substantial percentile gaps reflecting career advancement and specialization.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $35,100 | $16.9 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $36,173 | $17.4 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $45,440 | $21.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $60,288 | $29 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $63,820 | $30.7 |
Detailed Security and Fire Alarm Systems Installers Market Analysis
Relocation Context
Nominal Salary
$48,230
Gross Pay
Real Wage (Purchasing Power)
$48,230
Adjusted for COL (100)
The average annual salary of $48,230 in Albuquerque aligns perfectly with the national average cost of living, indicated by an index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income within Albuquerque is comparable to the national standard, offering a balanced financial outlook for residents.
Job Market Context
260
Total Jobs
0.653
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Albuquerque, NM has a slightly higher-than-average concentration of Security and Fire Alarm Systems Installers roles compared to the national norm.
Albuquerque's Location Quotient of 1.24 signifies a slightly higher prevalence of Security and Fire Alarm Systems Installers compared to the national average. This suggests a moderately competitive market where employers may have a slightly larger pool of local talent to draw from, potentially influencing hiring dynamics and salary negotiations.
Nearby Job Markets
Nearby Cities for Security and Fire Alarm Systems Installers
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Security and Fire Alarm Systems Installers Salary | $44,520↓ 8% | 29 mi |
Comparing salaries near Albuquerque, NM
Hiring Security and Fire Alarm Systems Installerss?
Frequently Asked Questions
How much does a Security and Fire Alarm Systems Installers make in Albuquerque, NM?
The median annual salary for a Security and Fire Alarm Systems Installers in Albuquerque, NM is $48,230. This typically ranges from $35,100 for entry-level positions to $63,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 19.6% lower than the national median of $59,970.
Is Albuquerque, NM a lucrative place for Security and Fire Alarm Systems Installers?
No, not particularly lucrative compared to the national average.While the cost of living is average, the nominal salary of $48,230 is significantly lower than the national average of $59,970 for Security and Fire Alarm Systems Installers.
Is Albuquerque, NM a good place to live for Security and Fire Alarm Systems Installers?
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 ($44,520) and others.
How does the local workforce size affect job opportunities?
A local workforce of 260 suggests a stable but not overly saturated market, indicating consistent opportunities for skilled installers.
What does a Location Quotient of 1.24 mean for this role?
A Location Quotient above 1.0 means there are more Security and Fire Alarm Systems Installers per worker in Albuquerque than the national average, indicating a slightly higher demand or concentration of these professionals.
How does the cost of living impact the salary?
With a Cost of Living Index of 100, the average salary of $48,230 has the same purchasing power in Albuquerque as the national average salary has nationwide.
Are there many jobs per 1,000 workers for this role in Albuquerque?
With 0.653 jobs per 1,000 workers, this indicates a relatively small but present opportunity for Security and Fire Alarm Systems Installers within the broader Albuquerque job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Albuquerque, NM area with a job density of 0.653 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Security and Fire Alarm Systems Installers • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM