SOC 11-1011 · May 2025 · BLS OEWS
Chief Executives — New Mexico
New Mexico · 1 metro areas compared
Median pay in New Mexico is $123,500 a year, 42.3% under the national median of $213,990 for this occupation.
Wage distribution · annual
Shaded band holds the middle 50% of earners
How pay has moved
The next ten years
Projected to grow about as fast as average
- Change in jobs, 2024 to 2034
- +4.3%
- Openings per year
- 22,200
- Typical entry-level education
- Bachelor's degree
- Related work experience
- 5 years or more
Includes jobs opened by workers leaving the occupation, not only new positions.
25.9% of people in this occupation work for themselves.
Projections are published nationally only. This is the outlook for the occupation across the United States, not a measurement for New Mexico.
Projections are based on 2024 employment and run to 2034. The wages above are from the May 2025 survey, a separate BLS programme on a different release cycle, so the two are not two views of one dataset.
Salary overview
Median pay in New Mexico is $123,500 a year, 42.3% under the national median of $213,990 for this occupation. Half of workers earn between $43,710 and $195,970. Beyond that band, the tenth percentile sits at $43,710 and the ninetieth at $302,440.
The area has 100 jobs in this occupation, giving a location quotient of 0.09 — a measure of how concentrated the occupation is here relative to the country as a whole. Among the 46 states with published data for this occupation, New Mexico ranks 45th by median wage. Albuquerque leads the state's metro areas for this occupation, at $123,500. Set against every other occupation measured in the same area, it ranks 50th of 634 by median pay.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $43,710 | −79.6% |
| 25th | $43,710 | −79.6% |
| Median (50th) | $123,500 | −42.3% |
| 75th | $195,970 | −8.4% |
| 90th | $302,440 | +41.3% |
| Mean | $152,720 | −28.6% |
Highest-paying metro areas in New Mexico
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Albuquerque | $123,500 | 70 |
What the pay is worth locally
Prices in New Mexico run 7.8% below the national average, so the median of $123,500 goes as far as $133,948 would elsewhere in the country. Measured that way it compares to the national median at 37.4% below the national median in real terms.
Published median
$123,500as reported by BLSLocal price level
92.2US average = 100 · BEA 2024Adjusted for local prices
$133,948US average = 100 · BEA 2024Why the state that pays most is usually not where pay goes furthest
Key takeaways
- Median pay is $123,500 a year, 42.3% below the national median.
- Published pay spans $43,710 to $302,440 between the tenth and ninetieth percentiles.
- The area has 100 jobs in this occupation.
- It ranks 45th of 46 states for this occupation.
- The highest-paying metro area covered is Albuquerque, at $123,500.
Frequently asked questions
What is the median wage for Chief Executives in New Mexico?
The median annual wage is $123,500, or $59.38 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.
Is that higher than the national average?
The national median for this occupation is $213,990, so pay in New Mexico is 42.3% lower. These figures are medians, not averages: half of workers fall on each side.
What do the top earners make?
The top tenth of this occupation in New Mexico earns more than $302,440 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $43,710 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.
Which area nearby pays the most?
The highest median for this occupation among the metro areas covered is in Albuquerque, at $123,500 per year.
How many jobs are there in this occupation here?
The survey estimates 100 jobs in this occupation in New Mexico. Self-employed workers are not included.
Source and methodology
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.
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