$99k $99k
21k 21k
5.7% 5.7%
3.2/5 3.2/5
Ph.D. Doctorate

How much does an Economist make in New Mexico?

Average Economist Hourly Wage in New Mexico

Economists earn a median hourly wage of $29.13. Hourly wages typically start from $21.78 and go up to $36.97.

Source: U.S. Department of Labor Bureau of Labor Statistics

Average Economist Yearly Salary in New Mexico

Economists earn a median salary of $60,580 per year. Salaries typically start from $45,300 and go up to $76,900.

Source: U.S. Department of Labor Bureau of Labor Statistics

Learn more about the Economist job market for salaries of real jobs in your area. Alternatively, see what Economists earn in other states.

An economist's salary can become more substantial depending on how many years of experience they have under their belt. Economists in their first five years can expect to earn approximately $63000/yr, but individuals who have been in the workforce for five to 10 years can earn a noticeably bigger sum of $90,000/yr. Six-figure salaries appear after ten to twenty years on the job - reaping approximately $104,000/yr. Individuals who have worked for more than twenty years report bringing in $125,000/yr on average.

Students who earn master's degrees in economics can work as economists, senior data analysts, financial analysts, and research analysts. According to the U.S. Bureau of Labor Statistics (BLS), an economist's mean salary was $109,230 in May 2015. In the same year, economists working for the federal government earned $114,600 on average. Above average economist's salaries are found in San Francisco, Seattle, Washington, Los Angeles, and Atlanta.

Employment Type Mix

78%
Full-Time
22%
Part-Time

Source: Sokanu user data. View more Economist demographics

Salary Satisfaction

3.2
SCORE
357
RATINGS
Economists average a score of 3.2 out of 5 on our salary satisfaction scale. This places Economists in the 71th percentile of salary satisfaction.

Source: Sokanu user data. View more Economist satisfaction

How to Become an Economist

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Economist Earnings by Seniority

Top End Economist Earnings

The highest earning Economists in New Mexico earn:

$36.97
an hour
$76,900
per year
Senior Economist Earnings

Senior Economists in New Mexico earn:

$31.64
an hour
$65,810
per year
Experienced Economist Earnings

Experienced Economists in New Mexico earn:

$29.13
an hour
$60,580
per year
Junior Economist Earnings

Junior Economists in New Mexico earn:

$26.43
an hour
$54,980
per year
Starting Economist Earnings

Starting Economists in New Mexico earn:

$21.78
an hour
$45,300
per year

Approximate values based on highest and lowest earning segments.

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Economist salary comparison

Economists earn less than 68% percent of Science careers in New Mexico. Economist salaries are in the top 63% of all careers in New Mexico.

Physicist Salary in New Mexico $134k
Natural Sciences Manager Salary in New Mexico $103k
Geologist Salary in New Mexico $82k
Occupational Health Specialist Salary in New Mexico $73k
Soil and Plant Scientist Salary in New Mexico $65k
Economist Salary $60k
Urban Planner Salary in New Mexico $54k
Forester Salary in New Mexico $44k
Forest and Conservation Worker Salary in New Mexico $28k
Source:

Historical salary for Economists in New Mexico

Source: U.S. Department of Labor Bureau of Labor Statistics
  1. Take the Sokanu Career Test

    Would you make a good economist? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!

    Take the free career test
  2. Jobs in your area
    • Loading jobs...
    View all jobs →