Financial Managers in New Mexico
Get the information you need to know about working as a Financial Manager.
You’re in luck! Jobs for Financial Managers in New Mexico are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Financial Managers in New Mexico is growing faster than average.
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Financial Managers in New Mexico earn higher salaries than the typical U.S. wage earner.
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How Many Financial Managers Work in New Mexico?
In 2018, there were 2,250 Financial Managers working in the state.
There were 2,310 Financial Managers employed in this state in 2017.
That’s a decline of 60 jobs between 2017 and 2018.
The typical state has 6,900 Financial Managers working in it, which means New Mexico has fewer Financial Managers than average.
Job Projections for New Mexico
Jobs for Financial Managers in this state are growing at a rate of 15.2% which is slower than the nationwide estimated projection of 18.7%.
New Mexico Annual Job Openings
The BLS is projecting 220 annual Financial Managers job openings in New Mexico, and 2,730 total jobs in the year 2026.
Nationwide, the prediction is 56,900 annual jobs and 689,000 total jobs in 2026.
What do Financial Managers Make in New Mexico?
In 2018 wages for Financial Managers ranged from $57,670 to $163,760 with $94,690 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $27.72 to $78.73. The median hourly rate was $45.53.
Workers in this field were paid a median of $43.96 an hour in 2017.
The hourly rate grew by $1.57.
The median salary in New Mexico is higher than the nationwide median salary.
Top New Mexico Metros for Financial Managers
The table below shows some of the metros in this state with the most Financial Managers.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Albuquerque, NM | 1,310 | $101,860 |
| Santa Fe, NM | 240 | $85,930 |
| Las Cruces, NM | 140 | $87,650 |
| Farmington, NM | 70 | $82,730 |
Top States for Financial Managers Employment
The table below shows the states where most Financial Managers work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| California | 81,350 | $139,240 |
| New York | 42,460 | $194,820 |
| Illinois | 40,040 | $126,020 |
| Texas | 39,580 | $129,320 |
| Massachusetts | 33,880 | $130,180 |
| Florida | 29,050 | $114,190 |
| New Jersey | 21,340 | $157,490 |
| Ohio | 19,980 | $118,100 |
| Georgia | 17,840 | $127,830 |
| Pennsylvania | 17,730 | $138,980 |
| Tennessee | 15,870 | $95,970 |
| Connecticut | 15,750 | $144,500 |
| North Carolina | 15,730 | $131,610 |
| Minnesota | 15,610 | $121,210 |
| Virginia | 15,180 | $147,710 |
| Michigan | 14,760 | $116,300 |
| Washington | 13,010 | $123,430 |
| Maryland | 12,550 | $137,820 |
| Arizona | 11,400 | $103,910 |
| Iowa | 8,630 | $100,280 |
Below are the states where Financial Managers get paid the most:
| State | Annual Median Salary |
|---|---|
| New York | $194,820 |
| New Jersey | $157,490 |
| Delaware | $152,180 |
| District of Columbia | $150,550 |
| Virginia | $147,710 |
| Colorado | $146,000 |
| Connecticut | $144,500 |
| California | $139,240 |
| Pennsylvania | $138,980 |
| Maryland | $137,820 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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