Financial Managers Salary in New Mexico
SOC 11-3031 · New Mexico · BLS OEWS May 2024
The median salary for Financial Managers in New Mexico is $122,179 per year ($58.74/hr). This is 24.4% lower than the national median of $161,699. The middle 50% earn between $98,363 and $157,061 annually. Top earners at the 90th percentile reach $204,506.
Wage Percentiles: New Mexico
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $38.53 | $80,142 | -7.3% |
| P25 | $47.29 | $98,363 | -16.9% |
| P50MEDIAN | $58.74 | $122,179 | -24.4% |
| P75 | $75.51 | $157,061 | -26.7% |
| P90 | $98.32 | $204,506 | -21.0% |
Market Context Signal
The overall labor market contracted slightly in February: 5.0M separations vs 4.8M hires. Hiring rate hit 3.1%, the lowest since April 2020. The "Great Stay" persists with quits at 1.9% for 8 consecutive months.
Frequently Asked Questions
What is the median financial managers salary in New Mexico?
The median (P50) annual salary for Financial Managers in New Mexico is approximately $122,179, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 24.4% lower than the national median of $161,699.
What is the salary range for entry-level financial managers in New Mexico?
Entry-level Financial Managers (10th percentile) in New Mexico earn approximately $80,142 per year. The 25th percentile is $98,363. Top earners (90th percentile) reach $204,506.
How does New Mexico compare to the national average for financial managers?
New Mexico pays 24.4% lower than the national average. The national P50 is $161,699 vs $122,179 in New Mexico. Based on BLS national data adjusted for regional cost factors.
Financial Managers Salary by Location
Other Roles in New Mexico
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