Construction Managers Salary in New Mexico
SOC 11-9021 · New Mexico · BLS OEWS May 2024
The median salary for Construction Managers in New Mexico is $100,589 per year ($48.36/hr). This is 6% lower than the national median of $106,974. The middle 50% earn between $78,437 and $123,822 annually. Top earners at the 90th percentile reach $157,331.
Wage Percentiles: New Mexico
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $30.34 | $63,107 | -3.2% |
| P25 | $37.71 | $78,437 | -6.1% |
| P50MEDIAN | $48.36 | $100,589 | -6.0% |
| P75 | $59.53 | $123,822 | -11.1% |
| P90 | $75.64 | $157,331 | -11.1% |
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 construction managers salary in New Mexico?
The median (P50) annual salary for Construction Managers in New Mexico is approximately $100,589, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 6% lower than the national median of $106,974.
What is the salary range for entry-level construction managers in New Mexico?
Entry-level Construction Managers (10th percentile) in New Mexico earn approximately $63,107 per year. The 25th percentile is $78,437. Top earners (90th percentile) reach $157,331.
How does New Mexico compare to the national average for construction managers?
New Mexico pays 6% lower than the national average. The national P50 is $106,974 vs $100,589 in New Mexico. Based on BLS national data adjusted for regional cost factors.
Construction Managers Salary by Location
Other Roles in New Mexico
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