Economist Salary in New Mexico
The median economist salary in New Mexico is $105,964 per year, which is 7% below the national median of $113,940.
Economist Salary in New Mexico by Experience
In New Mexico, an entry-level economist earns around $60,450, while experienced professionals earn up to $172,050 per year. The cost of living index in New Mexico is 93% of the national average.
Salary Percentiles in New Mexico
| Percentile | NM Salary |
|---|---|
| 10th Percentile | $57,660 |
| 25th Percentile | $76,260 |
| Median (50th) | $105,964 |
| 75th Percentile | $144,150 |
| 90th Percentile | $184,140 |
Economist Salary by City in New Mexico
The largest employment areas for economists in New Mexico include Albuquerque, Las Cruces, Rio Rancho, and Santa Fe. Salaries vary by city based on local cost of living and demand.
How to Become a Economist in New Mexico
Education
Most economist positions require a master's degree. New Mexico has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in New Mexico
Nationally, economist employment is projected to grow 6% over the next decade (faster than average). New Mexico's demand may vary based on local industry trends.