RN Salary in New Mexico - Potential Earnings for NM Nurses
The state of New Mexico is home to more than 2 million people. The population growth since 2000 has been 10.44 percent. The Bureau of Labor Statistics indicates that this state employed about 13,780 registered nurses as of May, 2010. The average RN salary in New Mexico is $66,090, or about $31.78 an hour. RNs with earnings in the top 25 percent make more than $77,070 and those in the top ten percent earn over $87,830 year. Registered nurses with earnings in the bottom 25 percent earn less than $54,650 and those in the bottom ten percent make under $46,630.
The average RN salary in New Mexico is only marginally lower than the national average. The cost of living here is about 5% lower than the average for the US. The median home in New Mexico costs about $150,000. Over the last year, home values have depreciated about 4.09%. The vast majority of RNs in New Mexico are employed in Albuquerque. This city employed about 7,450 RNs as of May 2010. This is over half of the total number of RNs working in the state. The average salary for registered nurses in Albuquerque is $69,670. The cost of living in this city is only 0.3% below the national average.
The city with the next highest number of employed registered nurses is Las Cruces, NM. With a population of over 92,000, this city employs about 1,630 registered nurses. Here, the average salary is lower than the overall average RN salary in New Mexico at $59,750. RNs with earnings in the top ten percent of their profession make more than $80,590 here while those with earnings in the bottom ten percent earn less than $42,100. The cost of living in Las Cruces is 7.5% lower than the national average and 2.5% lower than the state average. The median home in this city costs $146,900.
Of New Mexico's nonmetropolitan areas, the Eastern New Mexico nonmetropolitan area employs the highest number of RNs. This part of the state employed about 1,500 RNs as of May, 2010. This area also has one of the lowest average RN salaries at $58,140. In the Los Alamos County, New Mexico nonmetropolitan area, the average annual salary for RNs is $64,660. The North and West Central nonmetropolitan areas of New Mexico have a mean RN salary of $64,010. The average RN salary in New Mexico in the Southwestern nonmetropolitan area is one of the highest in nonmetropolitan areas of the state at $65,520.
What is the average pay for RN in New Mexico?
The RN pay scale varies per state throughout the United States.
RN pay scale may also vary by employer.
An individual's compensation may also vary based on work experience.
New Mexico RN Salaries
New Mexico RNs earn an average of $61,830 per year.
Some RNs in New Mexico earn up to $81,450 per year or more.
New Mexico RN Hourly Wage
In 2008, the average hourly earnings of New Mexico RNs was $29.73.
In some cases, RNs in New Mexico earned up to $39.16 per hour or more.
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