The annual salary statistics of financial managers in Southwestern New Mexico nonmetropolitan area, New Mexico is shown in Table 1. The wage statistics of financial managers in Southwestern New Mexico nonmetropolitan area is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $44,320 |
| 25th Percentile Wage | $52,800 |
| 50th Percentile Wage | $66,970 |
| 75th Percentile Wage | $88,000 |
| 90th Percentile Wage | $130,980 |
Table 1 shows the average annual salary for financial managers in Southwestern New Mexico nonmetropolitan area, New Mexico in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $130,980. The median (50th percentile) annual salary is $66,970. The average annual salary for the bottom 10 percent earners is $44,320.
The table and chart below show the trend of the median salary of financial managers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $66,970 | -5.51% | -6.02% |
| 2016 | $70,660 | 3.14% | - |
| 2015 | $68,440 | -10.13% | - |
| 2014 | $75,370 | 10.19% | - |
| 2013 | $67,690 | -4.89% | - |
| 2012 | $71,000 | - | - |
From Table 3 we note that the median annual salary of $66,970 in Southwestern New Mexico nonmetropolitan area is in the middle of salary range for financial managers in state of New Mexico. In comparison, the annual salary of financial managers in Southwestern New Mexico nonmetropolitan area is 44.3 percent (44.3%) lower than that in the highest paying Los Alamos County and 3.2 percent (3.2%) higher than that in the lowest paying North and West Central New Mexico nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Los Alamos County | |
| Albuquerque | |
| Santa Fe | |
| Northern New Mexico nonmetropolitan area | |
| Eastern New Mexico nonmetropolitan area | |
| Eastern New Mexico nonmetropolitan area | |
| Las Cruces | |
| Farmington | |
| Southwestern New Mexico nonmetropolitan area | |
| North and West Central New Mexico nonmetropolitan area |