Bakers Salary in New Mexico
SOC 51-3011 · New Mexico · BLS OEWS May 2024
The median salary for Bakers in New Mexico is $34,008 per year ($16.35/hr). This is 7.2% lower than the national median of $36,650. The middle 50% earn between $29,536 and $36,941 annually. Top earners at the 90th percentile reach $42,578.
Wage Percentiles: New Mexico
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $13.19 | $27,435 | -0.5% |
| P25 | $14.20 | $29,536 | -6.1% |
| P50MEDIAN | $16.35 | $34,008 | -7.2% |
| P75 | $17.76 | $36,941 | -13.2% |
| P90 | $20.47 | $42,578 | -11.8% |
Market Context Signal
Manufacturing openings fell 71K, the first decline in three months. Quit rates continue to fall. The market is clearly easing with less urgency to stretch offers.
Frequently Asked Questions
What is the median bakers salary in New Mexico?
The median (P50) annual salary for Bakers in New Mexico is approximately $34,008, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 7.2% lower than the national median of $36,650.
What is the salary range for entry-level bakers in New Mexico?
Entry-level Bakers (10th percentile) in New Mexico earn approximately $27,435 per year. The 25th percentile is $29,536. Top earners (90th percentile) reach $42,578.
How does New Mexico compare to the national average for bakers?
New Mexico pays 7.2% lower than the national average. The national P50 is $36,650 vs $34,008 in New Mexico. Based on BLS national data adjusted for regional cost factors.
Bakers Salary by Location
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