Financial Manager Salary in New Mexico
Based on 3K+ workers in New Mexico
Median Annual Salary (NM)
$133,700
$64.28/hr
vs National Average
$150,742
-11.3% vs national median
Salary Range (10th–90th)
$91K – $216K
3K employed in New Mexico
The Financial Manager salary in New Mexico currently sits at a median of $133,700 annually, placing it 11% below the national average. With approximately 2,530 individuals employed in this role across the state, the compensation for financial managers in New Mexico falls within a broad range, from $90,750 to $216,360 per year.
Several factors can influence a Financial Manager salary in New Mexico, including the specific industry of employment, the size and profitability of the company, and the individual's years of experience and specialized skills. Location within New Mexico can also play a role, with higher cost-of-living areas potentially offering more competitive compensation packages.
Salary Distribution — Financial Manager in New Mexico
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $90,750 |
| 25th percentile | $107,920 |
| Median (50th percentile) | $133,700 |
| 75th percentile | $176,620 |
| 90th percentile | $216,360 |
Top-Paying Industries for Financial Manager (U.S.)
Which industries pay Financial Managers the most — nationwide figures (industry-level data is not available by state). Financial Managers in New Mexico tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Information | $205,070 | 24K |
| Mining, Quarrying, and Oil and Gas Extraction | $193,560 | 4K |
| Utilities | $175,360 | 5K |
| Professional, Scientific, and Technical Services | $174,170 | 123K |
| Management of Companies and Enterprises | $172,340 | 94K |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Financial Manager in New Mexico vs National
| Year | Median Salary (New Mexico) |
|---|---|
| 2022 | $102,880 |
| 2023 | $115,000 |
| 2024 | $122,180 |
| 2025 | $133,700 |
| 2026 (projected) | $141,722 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | New Mexico Median | National Median |
|---|---|---|
| 2022 | $102,880 | $131,705 |
| 2023 | $115,000 | $138,788 |
| 2024 | $122,180 | $144,016 |
| 2025 | $133,700 | $150,742 |
| 2026 (projected) | $141,722 | $159,787 |
Financial Manager Salary by Experience Level in New Mexico
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $107,920 |
| Mid-level | 3-5 yrs | $133,700 |
| Senior | 6-9 yrs | $176,620 |
| Staff / Lead | 10+ yrs | $216,360 |
Financial Manager Salary in Other States
Related Financial Manager Salaries in New Mexico
How other high-demand occupations in New Mexico compare to Financial Manager ($133,700 median).
| Occupation | Median Salary | vs Financial Manager | Hourly |
|---|---|---|---|
| Personal Financial Advisor in NM | $94,270 | -29.5% | $45.32/hr |
| Financial Analyst in NM | $87,630 | -34.5% | $42.13/hr |
| Budget Analyst in NM | $87,360 | -34.7% | $42.00/hr |
| Tax Examiner in NM | $80,610 | -39.7% | $38.75/hr |
| Accountant in NM | $78,580 | -41.2% | $37.78/hr |
| Credit Analyst in NM | $72,160 | -46.0% | $34.69/hr |
| Compliance Officer in NM | $67,990 | -49.1% | $32.69/hr |
| Financial Examiner in NM | $67,950 | -49.2% | $32.67/hr |
| Loan Officer in NM | $62,610 | -53.2% | $30.10/hr |
| Securities Sales Agent in NM | $60,850 | -54.5% | $29.25/hr |
| Insurance Sales Agent in NM | $45,180 | -66.2% | $21.72/hr |
| Aerospace Engineer in NM | $132,850 | -0.6% | $63.87/hr |
Frequently Asked Questions
How much does a Financial Manager typically earn in New Mexico?
- The median salary for a Financial Manager in New Mexico is $133,700 per year, which is equivalent to $64 per hour. This means half of Financial Managers in the state earn more than this amount, and half earn less.
What is the salary range for Financial Managers in New Mexico?
- In New Mexico, the salary range for Financial Managers generally falls between $90,750 and $216,360 annually. This broad range reflects differences in experience, company size, and specific responsibilities within the role.
Is the salary for Financial Managers in New Mexico higher or lower than the national average?
- Financial Managers in New Mexico earn approximately 11.3% less than the national average. The median salary in New Mexico is $133,700, compared to the national median which would be higher.
How many Financial Manager jobs are there in New Mexico?
- There are approximately 2,530 Financial Managers employed in New Mexico. This indicates a moderate job market for this profession within the state.