According to the Bureau of Labor Statistics (BLS), the mean hourly and annual registered nurse salary were $33.58 and $69,840, respectively, in May 2017. As per the data, the number of nurses employed in the NM was 16,290. Employment per 1000 jobs was 20.333. The average RN salary in New Mexico is $67,989, which meets the average national salary, as per August 2018 figures of indeed.com. An entry-level job in the nursing sector requires a degree or a diploma from an accredited school. Afterwards, every student is ought to clear the NCLEX-RN examination. The certification norms vary in each state, hence, the state holds the responsibility for providing a license to an RN.
Annual RN Salary in New Mexico (NM) on Different Percentile Brackets
The table shows the salary statistics of registered nurses on different percentile brackets.
- 90% of RNs paid an annual salary less than $93,500; while the remaining 10% enjoyed more than $93,500.
- 75% of employees offered an amount less than $79,610; 25% were offered more than $79,610.
- 50% were paid less than $69,570; the other 50% were paid more than $69,570.
- 25% of registered nurses made an annual income less than $59,190; while remaining 75% made more than $59,190.
- 10% of RNs earned less than $52,380; while the remaining 90% earned more than $52,380.
Percentile Bracket | Annual Wages |
|---|---|
90% | $93,500 |
75% | $79,610 |
50% | $69,570 |
25% | $59,190 |
10% | $52,380 |
Information Source- The Bureau of Labor Statistics (as of May 2017)
Salary as per Geographical Location
According to the BLS, Geographical location and work settings indirectly influence a nurse salary. Besides, level of education, experience and the type of work you perform is also counted while determining your salary. Albuquerque and Rio Rancho are the highest paying cities of New Mexico with a Median Annual salary of $63,453 and Median Hourly Salary of $31. Roswell paid the lowest income of $38,677.
Name of the City | Median Annual Salary | Median Monthly Salary | Median Weekly Salary | Median Hourly Salary |
|---|---|---|---|---|
Alamogordo | $52,453 | $4,371 | $1,009 | $25 |
Albuquerque | $63,453 | $5,288 | $1,220 | $31 |
Clovis | $51,619 | $4,302 | $993 | $25 |
Farmington | $47,665 | $3,972 | $917 | $23 |
Hobbs | $48,602 | $4,050 | $935 | $23 |
Las Cruces | $54,967 | $4,581 | $1,057 | $26 |
Rio Rancho | $63,453 | $5,288 | $1,220 | $31 |
Roswell | $38,677 | $3,223 | $744 | $19 |
Santa Fe | $61,442 | $5,120 | $1,182 | $30 |
Sunland Park | $57,963 | $4,830 | $1,115 | $28 |
Information Source- salary.com (as of October 2014)
Salary of Professionals Posted on Related Job Designations
A wide array of nursing positions is available in the nursing world that is assigned according to the area of expertise of an RN. These designations not only bring responsibilities but also come with a heavy paycheck. For instance, Clinical Nurse Manager was the highest salaried professional with an income of $61,000. RN Outpatient Oncology and Psychiatric Nurse received the lowest salary of $50,000. Salary for other designation ranges between $51,000 and $57,000.
| RN First Assistant | $57,000 |
| Pediatric Operating Room Nurse | $53,000 |
| Interventional Radiology Nurse | $55,000 |
| RN Outpatient Oncology | $50,000 |
| Cardiac Electrophysiology Lab Nurse | $54,000 |
| Psychiatric Nurse | $50,000 |
| Renal Dialysis Nurse | $55,000 |
| Endoscopy Nurse | $51,000 |
| Clinical Nurse Manager | $61,000 |
| Postpartum Nurse Postpartum RN | $51,000 |
| Pediatric Nurse | $51,000 |
| Cardiovascular Operating Room Nurse | $56,000 |
| Progressive Care Nurse | $52,000 |
| Ambulatory Nurse | $53,000 |
| Home Health Nurse | $54,000 |
Information Source- indeed.com (as of October 2014)
Other Benefits
The other benefits offered to all the registered nurses, in order to advance their standard of income and also to help them develop are –
- Health insurance
- Maternity leaves
- Travel benefits
- Paid holidays
- Personal time off
- Dental coverage
Job Outlook
The job outlook is quite positive and encouraging. Registered Nurses are primarily engaged in Public Administration and Safety, Health Care and Social Assistance and Administrative and Support Services. The nurses are the most essential and vital element of any medical system. The hospitals and medical institutions can’t function without the workforce of nurses. Therefore, the requirement of the nurses will always be incessant. According to the BLS 2017 survey report, there will be requirements of additional 15% RNs by 2016 to 2026.
