Average Transportation and Material Moving Occupations Salary in Albuquerque, NM
In Albuquerque, NM, professionals in Transportation and Material Moving Occupations can expect an average annual salary of $45,800. This figure is slightly below the national average of $48,350, a common trend in markets where local economic factors and industry concentration influence compensation levels. The cost of living in Albuquerque aligns perfectly with the national average, suggesting that this salary offers a comparable standard of living.
Executive Summary
- Average Salary: $45,800 per year.
- Growth Trend: Salaries have shifted 26.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,190.
- Outlook: Albuquerque's job market for Transportation and Material Moving Occupations is substantial, with a total local workforce of 27,340 individuals employed in this sector. The location quotient of 0.77 indicates a slightly lower concentration of these jobs compared to the national average, suggesting a stable but not overly saturated market. With 68.124 jobs per 1,000 workers, the demand remains consistent within the local economy.
Salary Overview
The average Transportation and Material Moving Occupations in Albuquerque, NM earns-5.3%below the national average.
$22
$881
$3,817
Transportation and Material Moving Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries within Transportation and Material Moving Occupations have seen a steady upward trend over the past four years, mirroring broader economic growth and inflation. This suggests that opportunities for increased earnings are likely present for those in the field, with potential for salary adjustments reflecting market dynamics and demand.
Transportation and Material Moving Occupations Salary Distribution in Albuquerque, NM
Career progression in Transportation and Material Moving Occupations typically leads to significant salary increases. Entry-level positions might start closer to the lower end of the pay scale, while experienced professionals and those in senior or specialized roles can command higher salaries. The percentile gaps in earnings, though not detailed here, generally signify the substantial difference between starting pay and the compensation earned by seasoned experts in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $29,700 | $14.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $34,350 | $16.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $40,380 | $19.4 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $57,250 | $27.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $62,190 | $29.9 |
Detailed Transportation and Material Moving Occupations Market Analysis
Relocation Context
Nominal Salary
$45,800
Gross Pay
Real Wage (Purchasing Power)
$45,800
Adjusted for COL (100)
The average annual salary of $45,800 in Albuquerque, NM, is directly comparable to the national average due to the local Cost of Living Index being exactly 100. This means that the purchasing power of the salary in Albuquerque is equivalent to the national average, making it a neutral factor in relocation decisions from a purely financial perspective.
Job Market Context
27,340
Total Jobs
68.124
Per 1K Jobs
0.77
Location Quotient
Albuquerque, NM has 0.77x the national average concentration of Transportation and Material Moving 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 0.77, Albuquerque has a slightly lower concentration of Transportation and Material Moving Occupations compared to the national average. This suggests that while the sector is present and provides employment, it is not a dominant industry in the region relative to other areas. This could imply a moderately competitive job market, where opportunities exist but may require more targeted job searching than in highly concentrated areas.
Nearby Job Markets
Nearby Cities for Transportation and Material Moving Occupations
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Transportation and Material Moving Occupations Salary | $46,860↑ 2% | 29 mi |
| Northern New Mexico nonmetropolitan area Transportation and Material Moving Occupations Salary | $40,390↓ 12% | 29 mi |
| Santa Fe, NM Transportation and Material Moving Occupations Salary | $41,950↓ 8% | 54 mi |
Comparing salaries near Albuquerque, NM
Hiring Transportation and Material Moving Occupationss?
Frequently Asked Questions
How much does a Transportation and Material Moving Occupations make in Albuquerque, NM?
The median annual salary for a Transportation and Material Moving Occupations in Albuquerque, NM is $45,800. This typically ranges from $29,700 for entry-level positions to $62,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 5.3% lower than the national median of $48,350.
Is Albuquerque, NM a lucrative place for Transportation and Material Moving Occupationss?
No, it is not significantly more lucrative than the national average.The average salary of $45,800 is slightly below the national average, and the cost of living is on par with the national average. This indicates that while stable, the financial rewards are comparable rather than superior.
Is Albuquerque, NM a good place to live for Transportation and Material Moving 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 ($46,860) and Northern New Mexico nonmetropolitan area.
How does Albuquerque's job market compare to national concentration for this sector?
Albuquerque's location quotient of 0.77 indicates a slightly lower concentration of Transportation and Material Moving Occupations compared to the national average, suggesting a less dominant presence of this sector within the local economy.
What is the significance of Albuquerque's Cost of Living Index being 100?
A Cost of Living Index of 100 means that the general cost of goods and services in Albuquerque is exactly the same as the national average. This makes the nominal salary of $45,800 have equivalent purchasing power to the national average salary.
How many Transportation and Material Moving jobs are there per 1,000 workers in Albuquerque?
There are approximately 68.124 jobs per 1,000 workers in Transportation and Material Moving Occupations in Albuquerque, NM.
Does experience impact salary in this field in Albuquerque?
Yes, as in most fields, experience significantly impacts salary. Entry-level positions will likely pay less, while senior or specialized roles command higher compensation, reflecting a typical career progression.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 27,340 employees in the Albuquerque, NM area with a job density of 68.124 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Transportation and Material Moving 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 Transportation and Material Moving Occupations • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM