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Financial Manager Salary Information in New Mexico

The average annual and hourly salaries for financial managers in the state of New Mexico are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of financial managers amongst New Mexico cities is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1 & 2. Annual & Hourly Salary of Financial Managers in New Mexico

Percentile BracketAverage Annual Salary
10th Percentile Wage
$47,780
25th Percentile Wage
$64,480
50th Percentile Wage
$87,410
75th Percentile Wage
$113,120
90th Percentile Wage
$149,720

Table 1 shows the average annual salary for financial managers in New Mexico in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $149,720. The median (50th percentile) annual salary is $87,410. The average annual salary for the bottom 10 percent is $47,780.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$22.97
25th Percentile Wage
$31.00
50th Percentile Wage
$42.03
75th Percentile Wage
$54.38
90th Percentile Wage
$71.98

Table 2 shows the average hourly salary for financial managers in New Mexico in 5 percentile scales. The average hourly salary for the 90th percentile is $71.98. The median hourly salary is $42.03. The average hourly salary for the bottom 10 percent is $22.97.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of financial managers from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201687,410-0.79%-0.95%
201588,100-1.96%-
201489,8304.02%-
201386,220-2.34%-
201288,240--

Table 3. Median Annual Salary of Financial Managers in New Mexico Cities

Table 3 shows the median annual salary of financial managers in some New Mexico cities and metropolitan areas. We note that the median annual salary of financial managers in state of New Mexico ranges from $61,160 to $115,130. The highest paying area for financial managers in New Mexico is Los Alamos County with a median annual salary of $115,130. The second highest paying city/area in New Mexico State is Albuquerque (mean annual salary $94,390). The lowest paying area is North and West Central New Mexico nonmetropolitan area with a median annual salary of $61,160.

Cities/Areas Median Annual Salary
Los Alamos County
$115,130
Albuquerque
$94,390
Las Cruces
$87,260
Santa Fe
$81,430
Eastern New Mexico nonmetropolitan area
$77,870
Farmington
$77,020
Southwestern New Mexico nonmetropolitan area
$70,660
North and West Central New Mexico nonmetropolitan area
$61,160


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