Economists Salary in New Mexico
SOC 19-3011 · New Mexico · BLS OEWS May 2024
The median salary for Economists in New Mexico is $82,493 per year ($39.66/hr). This is 28.5% lower than the national median of $115,440. The middle 50% earn between $62,587 and $103,667 annually. Top earners at the 90th percentile reach $126,901.
Wage Percentiles: New Mexico
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $30.09 | $62,587 | +0.4% |
| P25 | $30.09 | $62,587 | -23.9% |
| P50MEDIAN | $39.66 | $82,493 | -28.5% |
| P75 | $49.84 | $103,667 | -37.6% |
| P90 | $61.01 | $126,901 | -40.3% |
Market Context Signal
Professional & Business Services was the only sector with openings growth (+64K) in February. Quit rates eased to 2.6%. Active hiring continues for specialized roles, particularly at senior levels.
Frequently Asked Questions
What is the median economists salary in New Mexico?
The median (P50) annual salary for Economists in New Mexico is approximately $82,493, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 28.5% lower than the national median of $115,440.
What is the salary range for entry-level economists in New Mexico?
Entry-level Economists (10th percentile) in New Mexico earn approximately $62,587 per year. The 25th percentile is $62,587. Top earners (90th percentile) reach $126,901.
How does New Mexico compare to the national average for economists?
New Mexico pays 28.5% lower than the national average. The national P50 is $115,440 vs $82,493 in New Mexico. Based on BLS national data adjusted for regional cost factors.
Economists Salary by Location
Other Roles in New Mexico
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