Retail & Sales New Mexico (NM) Rank #28 of 50

Retail Manager Salary in New Mexico

The median retail manager salary in New Mexico is $46,872 per year, which is 7% below the national median of $50,400.

Median Salary
$46,872
vs National
$-3,528
State Rank
#28 of 50
Cost of Living
93%

Retail Manager Salary in New Mexico by Experience

In New Mexico, an entry-level retail manager earns around $29,760, while experienced professionals earn up to $79,050 per year. The cost of living index in New Mexico is 93% of the national average.

Entry Level (0-2 yrs)
$29,760
$-2,240 vs national
Mid Level (3-7 yrs)
$48,360
$-3,640 vs national
Senior Level (8+ yrs)
$79,050
$-5,950 vs national

Salary Percentiles in New Mexico

Percentile NM Salary
10th Percentile $27,900
25th Percentile $35,340
Median (50th) $46,872
75th Percentile $65,100
90th Percentile $85,560

Retail Manager Salary by City in New Mexico

The largest employment areas for retail managers in New Mexico include Albuquerque, Las Cruces, Rio Rancho, and Santa Fe. Salaries vary by city based on local cost of living and demand.

Albuquerque, NM
$47,880
Pop. 564,559 · COL 95%
Las Cruces, NM
$44,352
Pop. 111,385 · COL 88%
Rio Rancho, NM
$46,368
Pop. 104,046 · COL 92%
Santa Fe, NM
$55,440
Pop. 87,505 · COL 110%
Roswell, NM
$41,328
Pop. 48,422 · COL 82%

How to Become a Retail Manager in New Mexico

Education

Most retail manager positions require a high school diploma. New Mexico has several accredited institutions offering relevant programs.

Key Skills

Retail ManagementSalesInventory ManagementCustomer ServiceStaff TrainingVisual Merchandising

Job Outlook in New Mexico

Nationally, retail manager employment is projected to grow 1% over the next decade (slower than average). New Mexico's demand may vary based on local industry trends.

Find Retail Manager Jobs in New Mexico

Browse open retail manager positions in New Mexico:

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Frequently Asked Questions: Retail Manager Salary in New Mexico

How much does a Retail Manager make in New Mexico? ▼
The median retail manager salary in New Mexico is $46,872 per year, which is 7% below the national median of $50,400. Salaries range from $27,900 (10th percentile) to $85,560 (90th percentile).
How much does a Retail Manager make per hour in New Mexico? ▼
Based on the median annual salary of $46,872, a retail manager in New Mexico earns approximately $23 per hour assuming a standard 2,080-hour work year.
Is New Mexico a good state for retail managers? ▼
New Mexico ranks #28 out of 50 states for retail manager pay. The cost of living index is 93% of the national average. Entry-level retail managers earn $29,760, while senior professionals earn $79,050.
How does New Mexico compare to other states for retail manager salary? ▼
The highest paying state for retail managers is Hawaii at $85,680. New Mexico's median of $46,872 ranks #28 nationally. Nearby-ranked states include Idaho ($47,376) and Georgia ($46,872).
What is the entry-level retail manager salary in New Mexico? ▼
An entry-level retail manager in New Mexico earns approximately $29,760 per year. With 3-7 years of experience, pay increases to around $48,360. Senior-level professionals with 8+ years earn up to $79,050.
What city in New Mexico pays retail managers the most? ▼
Santa Fe is the highest paying city in New Mexico for retail managers, with a median salary of $55,440. Other cities include Albuquerque and Las Cruces.