Business & Finance Albuquerque, NM Pop. 564,559

Economist Salary in Albuquerque, New Mexico

The median economist salary in Albuquerque, NM is $108,243 per year, which is 5% below the national median and 2.2% above the New Mexico state average.

City Median
$108,243
vs State Avg
+$2,279
vs National
$-5,697
Cost of Living
95%

Economist Pay in Albuquerque: What to Expect (2026)

Albuquerque offers a median economist salary of $108,243, which is $2,279 above the New Mexico state average of $105,964. Compared to the national median of $113,940, Albuquerque pays below the national benchmark for this role.

Albuquerque's cost of living is 95% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for economists in Albuquerque spans from $58,900 at the 10th percentile to $188,100 at the 90th percentile — a $129,200 spread. Entry-level professionals start around $61,750, while senior economists with 8+ years of experience can earn up to $175,750. As a major metro area with a population of 564,559, Albuquerque typically offers more job opportunities and employer competition, which can drive salaries higher.

Economist Salary in Albuquerque by Experience

In Albuquerque, an entry-level economist earns around $61,750, while experienced professionals earn up to $175,750 per year. The local cost of living index is 95% of the national average.

Entry Level (0-2 yrs)
$61,750
$-3,250 vs national
Mid Level (3-7 yrs)
$109,250
$-5,750 vs national
Senior Level (8+ yrs)
$175,750
$-9,250 vs national

Salary Percentiles in Albuquerque, NM

Percentile Albuquerque
10th Percentile $58,900
25th Percentile $77,900
Median (50th) $108,243
75th Percentile $147,250
90th Percentile $188,100

Economist Salary in Other New Mexico Cities

Santa Fe, NM
$125,334
Pop. 87,505
Rio Rancho, NM
$104,825
Pop. 104,046
Las Cruces, NM
$100,267
Pop. 111,385
Roswell, NM
$93,431
Pop. 48,422

How to Become a Economist in Albuquerque

Education

Most economist positions require a master's degree. Albuquerque and the surrounding New Mexico area have institutions offering relevant programs.

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Demand in Albuquerque may vary based on local industry and population growth.

Find Economist Jobs in Albuquerque

Browse open economist positions in Albuquerque, NM:

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Frequently Asked Questions: Economist Salary in Albuquerque

How much does a Economist make in Albuquerque, NM? ▼
The median economist salary in Albuquerque, New Mexico is $108,243 per year, which is 5% below the national median of $113,940. Salaries range from $58,900 (10th percentile) to $188,100 (90th percentile).
How much does a Economist make per hour in Albuquerque? ▼
Based on the median annual salary of $108,243, a economist in Albuquerque earns approximately $52 per hour assuming a standard 2,080-hour work year.
How does Albuquerque compare to the New Mexico state average for economist pay? ▼
Albuquerque's median economist salary of $108,243 is 2.2% above the New Mexico state average of $105,964. The local cost of living index is 95% of the national average.
What is the cost of living in Albuquerque, NM? ▼
Albuquerque has a cost of living index of 95% compared to the national average. This means a economist salary of $108,243 in Albuquerque has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Albuquerque? ▼
Most economist positions in Albuquerque require a master's degree. Key skills include Econometrics, Statistical Analysis, R/Python, Economic Modeling. The job market is projected to grow 6% nationally over the next decade.