The annual salary statistics of farm equipment mechanics and service technicians in Albuquerque, New Mexico is shown in Table 1. The wage statistics of farm equipment mechanics and service technicians in Albuquerque is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $22,900 |
| 25th Percentile Wage | $37,820 |
| 50th Percentile Wage | $47,120 |
| 75th Percentile Wage | $47,120 |
| 90th Percentile Wage | $59,950 |
Table 1 shows the average annual salary for farm equipment mechanics and service technicians in Albuquerque, New Mexico in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $59,950. The median (50th percentile) annual salary is $47,120. The average annual salary for the bottom 10 percent earners is $22,900.
The table and chart below show the trend of the median salary of farm equipment mechanics and service technicians from 2012 to 2021. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 1-Year Growth |
|---|---|---|---|
| 2021 | $47,120 | -8.00% | -8.00% |
| 2020 | $50,890 | - | - |
From Table 3 we note that the median annual salary of $47,120 in Albuquerque is in the middle of salary range for farm equipment mechanics and service technicians in state of New Mexico. In comparison, the annual salary of farm equipment mechanics and service technicians in Albuquerque is 16.8 percent (16.8%) lower than that in the highest paying Las Cruces and 1.5 percent (1.5%) higher than that in the lowest paying Eastern New Mexico nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Las Cruces | |
| Eastern New Mexico nonmetropolitan area | |
| Albuquerque | |
| Eastern New Mexico nonmetropolitan area |