Funeral Home Managers Salary in New Mexico
SOC 11-9171 · New Mexico · BLS OEWS May 2024
The median salary for Funeral Home Managers in New Mexico is $60,528 per year ($29.10/hr). This is 21.2% lower than the national median of $76,835. The middle 50% earn between $57,408 and $84,198 annually. Top earners at the 90th percentile reach $138,653.
Wage Percentiles: New Mexico
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $24.76 | $51,501 | +12.4% |
| P25 | $27.60 | $57,408 | -4.0% |
| P50MEDIAN | $29.10 | $60,528 | -21.2% |
| P75 | $40.48 | $84,198 | -15.2% |
| P90 | $66.66 | $138,653 | +4.7% |
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 funeral home managers salary in New Mexico?
The median (P50) annual salary for Funeral Home Managers in New Mexico is approximately $60,528, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 21.2% lower than the national median of $76,835.
What is the salary range for entry-level funeral home managers in New Mexico?
Entry-level Funeral Home Managers (10th percentile) in New Mexico earn approximately $51,501 per year. The 25th percentile is $57,408. Top earners (90th percentile) reach $138,653.
How does New Mexico compare to the national average for funeral home managers?
New Mexico pays 21.2% lower than the national average. The national P50 is $76,835 vs $60,528 in New Mexico. Based on BLS national data adjusted for regional cost factors.
Funeral Home Managers Salary by Location
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