Average Salary in New Mexico
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $79,571 | $38 |
| 75th Percentile | $65,425 | $31 |
| Average | $53,675 | $26 |
| 25th Percentile | $43,764 | $21 |
Contents
How much do you have to make to live comfortably in New Mexico?
The income needed to live comfortably in New Mexico is $42,445. 50% of this is for necessities, 30% is for discretionary spending, and 20% is for savings. According to Living Wage, a single person with no children can live off of $13.97 per hour in Mexico, or $26,880 a year.
What salary do you need to live in Albuquerque?
50 percent for necessities: $21,222. 30 percent for discretionary spending: $12,734. 20 percent for savings: $8,489. Income needed to live comfortably: $42,445 (down $1,450 from 2016)
What is the highest paying job in New Mexico?
Owner/operator
Detailed List Of Highest Paying Jobs In New Mexico
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Owner/operator | $169,619 |
| 2 | Emergency Medicine Specialist | $163,285 |
| 3 | Family Practitioner | $158,209 |
| 4 | Clinical Physician Assistant | $147,158 |
What is a good salary in New Mexico?
Average Salary in Albuquerque, NM
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $80,876 | $6,739 |
| 75th Percentile | $66,498 | $5,541 |
| Average | $64,351 | $5,362 |
| 25th Percentile | $44,481 | $3,706 |
Is it cheaper to live in New Mexico or Texas?
Cost of Living
New Mexico and Texas are both affordable places to live compared to the national average. However, cost of living is 5% higher in Texas, where larger cities and more expensive houses contribute to higher prices in almost every category.
Who is the richest man in New Mexico?
| Mack C. Chase | |
|---|---|
| Born | April 29, 1931 |
| Education | Artesia High School |
| Occupation | Businessman |
| Known for | Richest person in New Mexico |
Is New Mexico expensive to live?
Low Cost of Living
New Mexico is renowned for its low cost of living, about 3.1% lower than the national average. The average home in New Mexico costs roughly $151,000.
Is it worth living in New Mexico?
NEW MEXICO (KRQE) – An analysis of all 50 states has found that New Mexico comes up short. A WalletHub study has compared the states on 52 indicators of livability and has determined that New Mexico ranks 50th as 2021’s best states to live in.
How do people in New Mexico make money?
New Mexico is a comparatively poor state, ranking among the lowest in the country in per capita income. About one-half of its economy is based on the service sector, while much of the remainder is centred on extractive industries (mining and oil production).
What jobs are in high demand in New Mexico?
Detailed List Of The Fastest Growing Jobs In New Mexico
| Rank | Job Title | Jobs in 2024 |
|---|---|---|
| 1 | Personal Care Assistant | 30,560 |
| 2 | Home Health Aid | 7,740 |
| 3 | Physical Therapist | 1,650 |
| 4 | Nurse Practitioner | 1,210 |
What is the highest paying job without college?
Here are the highest paying jobs without a college degree:
- Patrol Officer.
- Executive Assistant.
- Sales Representative.
- Flight Attendant.
- Electrician.
- Plumber.
- Structural Iron and Steelworker.
What is upper class salary?
What Is a Middle-Class Income?
| Income group | Income |
|---|---|
| Lower-middle class | $32,048 – $53,413 |
| Middle class | $53,413 – $106,827 |
| Upper-middle class | $106,827 – $373,894 |
| Rich | $373,894 and up |
Is New Mexico rich?
In 2017 New Mexico’s gross domestic product was $94.2 billion. In 2017 the per capita personal income was $39,811 (ranked 48th in the nation).
Economy of New Mexico.
| Statistics | |
|---|---|
| GDP | $94.2 billion |
| GDP per capita | $39,811 (based on estimated 2017 population of 2,088,070) |
| Population below poverty line | 17.1% |
| Gini coefficient | 0.453 |
What is a good hourly wage?
The national mean salary in the United States is $56,310 according to the National Compensation Survey. That works out to be $27 per hour. So in order to be above average, you have to earn more than $28 per hour. Why not be way above average and find a job that pays $30 more than the average hourly salary?
Is moving to New Mexico a good idea?
People love living there for the low unemployment rate, reasonable cost of living, and stunning views. You can find an entire list of the best towns in NM to live in here. What are the most unique things to do in New Mexico?
Does it snow in Albuquerque New Mexico?
The US average is 28 inches of snow per year.
Climate Averages.
| Albuquerque, New Mexico | United States | |
|---|---|---|
| Snowfall | 10.6 in. | 27.8 in. |
| Precipitation | 57.4 days | 106.2 days |
| Sunny | 280 days | 205 days |
| Avg. July High | 91.8° | 85.8° |
Is it better to retire in Texas or New Mexico?
Also in 2018, US News and World Report ranked New Mexico as the eighth best state for quality of life.By the way, WalletHub ranked Texas as the 17th best state to retire. It ranked third in affordability, but like New Mexico, ranked in the bottom third for quality of life and health care.
Do any billionaires live in New Mexico?
ALBUQUERQUE – A longtime Albuquerque resident has been listed as a billionaire on Forbes’ annual list of the richest people in the world. The magazine published its latest rundown of global billionaires this week. Ron Corio, 59, was listed at No.
How many billionaires are there in New Mexico?
Table
| Rank by Number of Billionaires (9/15/20) | State or Federal District | Billionaires/ State’s 10M pop. (7/19 Census) (9/15/20) |
|---|---|---|
| 45 | New Mexico | 0.00 |
| 45 | Alabama | 0.00 |
| 45 | Delaware | 0.00 |
| 52 | * Unknown State(s) | —- |
Who is the richest woman in New Mexico?
| María Asunción Aramburuzabala | |
|---|---|
| María Asunción Aramburuzabala | |
| Born | 2 May 1963 Mexico City, Mexico |
| Alma mater | Instituto Tecnológico Autónomo de México |
| Spouse(s) | Paulo Patricio Zapata Navarro (divorced) Tony Garza (divorced) |
