Business Professors Pay Range in New Mexico
Pay distribution across experience levels
- 10th Percentile — Entry Level$42,680
- 25th Percentile — Junior$51,030
- 50th Percentile — Median$83,980
- 75th Percentile — Senior$135,750
- 90th Percentile — Top Earners$173,650
Half of Business Professors in New Mexico earn more than $83,980. The top 10% make $173,650 or more, while entry-level workers start around $42,680.
Business Professors in New Mexico: Key Facts
Source: BLS OEWS May 2025
- New Mexico ranks 42nd of 51 states for Business Professors pay, at $96,210 per year (16.1% below the U.S. average of $114,720).
- 410 people work as Business Professors in New Mexico — 0.5% of all U.S. Business Professors jobs.
- Location quotient 0.88: Business Professors jobs are less concentrated in New Mexico than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $42,680; the top 10% earn over $173,650.
- Hourly equivalent: $46.25 per hour (2,080 hours/year).
- The highest-paying state is Alaska at $181,700.
- Among education jobs in New Mexico, Biological Science Professors pays the most ($105,120).
Business Professors Job Market in New Mexico
Key factors affecting compensation
New Mexico's key industries are Government, Energy, Tourism, and its job market is rated moderate. Business Professors here earn $96,210 on average, placing the state 42nd nationally.
With a cost-of-living index of 0.88 (U.S. = 1.00), a New Mexico salary of $96,210 is roughly equivalent to $109,330 at the national average cost of living.
Compared with nearby states in the pay ranking, North Carolina ($100,340), Maine ($98,850), Kentucky ($96,250) are the closest alternatives for Business Professors weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Education Jobs in New Mexico
Related career salary benchmarks
- Biological Science Professors $105,120/yr New Mexico +9.3% vs this role
- Computer Science Professors $96,820/yr New Mexico +0.6% vs this role
- Special Education Teachers $94,040/yr New Mexico 2.3% vs this role
- Chemistry Professors $93,100/yr New Mexico 3.2% vs this role
- Instructional Coordinators $84,680/yr New Mexico 12.0% vs this role
- English Language Professors $82,010/yr New Mexico 14.8% vs this role
- Middle School Teachers $73,110/yr New Mexico 24.0% vs this role
- Secondary School Teachers $72,920/yr New Mexico 24.2% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Business Professors salary in New Mexico?
The average Business Professors salary in New Mexico is $96,210 per year (median $83,980), which is 16.1% below the national average of $114,720.
How does New Mexico rank for Business Professors pay?
New Mexico ranks 42nd out of 51 states. The highest-paying state is Alaska ($181,700/yr).
How much do entry-level Business Professors make in New Mexico?
The lowest-paid 10% of Business Professors in New Mexico earn about $42,680 per year and the 25th percentile is $51,030.
How much do Business Professors make per hour in New Mexico?
About $46.25 per hour, based on the $96,210 annual average and 2,080 working hours per year.
How many Business Professors work in New Mexico?
BLS counts 410 Business Professors jobs in New Mexico (OEWS May 2025).
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