Average Economists Salary in New Mexico
Economists in New Mexico earn a median annual salary of $82,490, which is -28.5% compared to the national median. There are N/A workers employed locally in this occupation.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics survey, May 2024 estimates for New Mexico (state).
Pay distribution
Local wage range
- 10th
- $62,590
- 25th
- $62,590
- Median
- $82,490
- 75th
- $103,670
- 90th
- $126,890
All values are percentiles of annual wages.
This local range is the useful part of the page. The median tells you the center of the market in New Mexico, while the percentile band shows how compressed or wide the local pay distribution actually is.
Regional price parity
Cost-of-living context
Services: 77.9%
Rents: 73.6%
Comparison links
Comparable states for this occupation
| State | Median annual wage | Compare | Employment |
|---|---|---|---|
| District of Columbia | $162,610 | Compare | 3,010 |
| Virginia | $148,010 | Compare | 970 |
| New York | $142,300 | Compare | 870 |
| Maryland | $137,610 | Compare | 920 |
| Georgia | $127,220 | Compare | 340 |
| Ohio | $117,750 | Compare | 130 |
The point of this table is not random nearby places. It is to show the other labor markets where this same occupation looks stronger or weaker on the same OEWS release.
Area context
Top occupations in New Mexico
| Occupation | Median annual wage | LQ |
|---|---|---|
| Pediatricians, General | $237,950 | 0.96 |
| Podiatrists | $227,130 | 1.04 |
| Architectural And Engineering Managers | $215,730 | 1.53 |
| Nurse Anesthetists | $214,810 | N/A |
| Dentists, All Other Specialists | $210,370 | 1.46 |
| Computer And Information Research Scientists | $178,120 | N/A |
| Physicists | $175,960 | 6.48 |
| Dentists, General | $171,730 | 1.04 |
New Mexico has salary data for 636 occupations. The highest-paid occupation in this area is Pediatricians, General.
Historical series
Trend for Economists in New Mexico
Historical trend data is not yet available for this occupation in this area.
Interpretation
Outlook and page notes
Nationally, Economists are projected to change by +1.2% from 2024 to 2034, with 900 annual openings.
Use this page to answer three separate questions: what the occupation pays here, how large the local market is, and whether this market is unusually concentrated for the occupation.
For metro pages in particular, read long-term trend rows as directional until the area comparability layer is fully wired. OEWS area definitions can change over time, and that matters more at the metro level than at the state level.