Software Developers Salary in New Mexico
SOC 15-1252 · New Mexico · BLS OEWS May 2024
The median salary for Software Developers in New Mexico is $120,827 per year ($58.09/hr). This is 13.8% lower than the national median of $140,192. The middle 50% earn between $84,427 and $141,877 annually. Top earners at the 90th percentile reach $179,275.
Wage Percentiles: New Mexico
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $29.36 | $61,069 | -15.9% |
| P25 | $40.59 | $84,427 | -19.8% |
| P50MEDIAN | $58.09 | $120,827 | -13.8% |
| P75 | $68.21 | $141,877 | -21.7% |
| P90 | $86.19 | $179,275 | -20.8% |
Market Context Signal
Information sector openings declined modestly (-9K) in February. Quit rates dropped to 1.3%, the lowest in a decade. The "Great Stay" is strongest in tech: employees are staying put, giving employers maximum leverage on new offers.
Frequently Asked Questions
What is the median software developers salary in New Mexico?
The median (P50) annual salary for Software Developers in New Mexico is approximately $120,827, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 13.8% lower than the national median of $140,192.
What is the salary range for entry-level software developers in New Mexico?
Entry-level Software Developers (10th percentile) in New Mexico earn approximately $61,069 per year. The 25th percentile is $84,427. Top earners (90th percentile) reach $179,275.
How does New Mexico compare to the national average for software developers?
New Mexico pays 13.8% lower than the national average. The national P50 is $140,192 vs $120,827 in New Mexico. Based on BLS national data adjusted for regional cost factors.
Software Developers Salary by Location
Other Roles in New Mexico
Free BLS wage benchmarks, JOLTS talent signals, and AI analyst briefs