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

Market Research Analyst Salary in New Mexico

The median market research analyst salary in New Mexico is $63,454 per year, which is 7% below the national median of $68,230.

Median Salary
$63,454
vs National
$-4,776
State Rank
#29 of 50
Cost of Living
93%

Market Research Analyst Salary Overview in New Mexico (2026)

New Mexico ranks #29 out of 50 states for market research analyst compensation. Market Research Analyst salaries in New Mexico are below the national median, though the lower cost of living can offset the difference. At $63,454 per year, market research analysts in New Mexico earn $4,776 less than the national median of $68,230.

A key advantage of working in New Mexico is its below-average cost of living (93% of the national index). This means the $63,454 salary has the purchasing power of roughly $68,230 in an average-cost area.

The salary spread in New Mexico is significant: market research analysts at the 10th percentile earn $35,340, while those at the 90th percentile bring home $113,460 — a $78,120 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in New Mexico for this role is Santa Fe, where the median reaches $75,053.

Nationally, market research analyst employment is projected to grow 13% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in New Mexico and beyond.

Market Research Analyst Salary in New Mexico by Experience

In New Mexico, an entry-level market research analyst earns around $37,200, while experienced professionals earn up to $106,950 per year. The cost of living index in New Mexico is 93% of the national average.

Entry Level (0-2 yrs)
$37,200
$-2,800 vs national
Mid Level (3-7 yrs)
$65,100
$-4,900 vs national
Senior Level (8+ yrs)
$106,950
$-8,050 vs national

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Salary Percentiles in New Mexico

Percentile NM Salary
10th Percentile $35,340
25th Percentile $46,500
Median (50th) $63,454
75th Percentile $85,560
90th Percentile $113,460

Market Research Analyst Salary by City in New Mexico

The largest employment areas for market research analysts 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 Market Research Analyst in New Mexico

Education

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

Key Skills

Data AnalysisSurvey DesignSPSS/RMarket TrendsReport WritingPresentation

Job Outlook in New Mexico

Nationally, market research analyst employment is projected to grow 13% over the next decade (much faster than average). New Mexico's demand may vary based on local industry trends.

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Frequently Asked Questions: Market Research Analyst Salary in New Mexico

How much does a Market Research Analyst make in New Mexico? ▼
The median market research analyst salary in New Mexico is $63,454 per year, which is 7% below the national median of $68,230. Salaries range from $35,340 (10th percentile) to $113,460 (90th percentile).
How much does a Market Research Analyst make per hour in New Mexico? ▼
Based on the median annual salary of $63,454, a market research analyst in New Mexico earns approximately $31 per hour assuming a standard 2,080-hour work year.
Is New Mexico a good state for market research analysts? ▼
New Mexico ranks #29 out of 50 states for market research analyst pay. The cost of living index is 93% of the national average. Entry-level market research analysts earn $37,200, while senior professionals earn $106,950.
How does New Mexico compare to other states for market research analyst salary? ▼
The highest paying state for market research analysts is Hawaii at $115,991. New Mexico's median of $63,454 ranks #29 nationally. Nearby-ranked states include North Carolina ($64,819) and Idaho ($64,136).
What is the entry-level market research analyst salary in New Mexico? ▼
An entry-level market research analyst in New Mexico earns approximately $37,200 per year. With 3-7 years of experience, pay increases to around $65,100. Senior-level professionals with 8+ years earn up to $106,950.
What city in New Mexico pays market research analysts the most? ▼
Santa Fe is the highest paying city in New Mexico for market research analysts, with a median salary of $75,053. Other cities include Albuquerque and Las Cruces.