Business & Finance New Mexico (NM) Rank #29 of 50

Accountant Salary in New Mexico

The median accountant salary in New Mexico is $74,288 per year, which is 7% below the national median of $79,880.

Median Salary
$74,288
vs National
$-5,592
State Rank
#29 of 50
Cost of Living
93%

Accountant Salary in New Mexico by Experience

In New Mexico, an entry-level accountant earns around $48,360, while experienced professionals earn up to $111,600 per year. The cost of living index in New Mexico is 93% of the national average.

Entry Level (0-2 yrs)
$48,360
$-3,640 vs national
Mid Level (3-7 yrs)
$74,400
$-5,600 vs national
Senior Level (8+ yrs)
$111,600
$-8,400 vs national

Salary Percentiles in New Mexico

Percentile NM Salary
10th Percentile $46,872
25th Percentile $58,311
Median (50th) $74,288
75th Percentile $95,232
90th Percentile $123,504

Major Cities for Accountants in New Mexico

The largest employment areas for accountants in New Mexico include Albuquerque, Las Cruces, Rio Rancho, and Santa Fe. Salaries in major metro areas may be higher due to increased demand and cost of living.

Albuquerque, NM
Metro area for accountant employment
Las Cruces, NM
Metro area for accountant employment
Rio Rancho, NM
Metro area for accountant employment
Santa Fe, NM
Metro area for accountant employment
Roswell, NM
Metro area for accountant employment

How to Become a Accountant in New Mexico

Education

Most accountant positions require a bachelor's degree. New Mexico has several accredited institutions offering relevant programs.

Key Skills

GAAPTax PreparationFinancial AnalysisQuickBooksExcelAuditing

Job Outlook in New Mexico

Nationally, accountant employment is projected to grow 4% over the next decade (as fast as average). New Mexico's demand may vary based on local industry trends.