Business & Finance Rio Rancho, NM Pop. 104,046

Economist Salary in Rio Rancho, New Mexico

The median economist salary in Rio Rancho, NM is $104,825 per year, which is 8% below the national median and 1.1% below the New Mexico state average.

City Median
$104,825
vs State Avg
$-1,139
vs National
$-9,115
Cost of Living
92%

Economist Salary in Rio Rancho by Experience

In Rio Rancho, an entry-level economist earns around $59,800, while experienced professionals earn up to $170,200 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$59,800
$-5,200 vs national
Mid Level (3-7 yrs)
$105,800
$-9,200 vs national
Senior Level (8+ yrs)
$170,200
$-14,800 vs national

Salary Percentiles in Rio Rancho, NM

Percentile Rio Rancho
10th Percentile $57,040
25th Percentile $75,440
Median (50th) $104,825
75th Percentile $142,600
90th Percentile $182,160

Economist Salary in Other New Mexico Cities

How to Become a Economist in Rio Rancho

Education

Most economist positions require a master's degree. Rio Rancho 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 Rio Rancho may vary based on local industry and population growth.