U.S. average annual pay of employees in New Mexico 2001-2023

Data have been rounded.
Data represent wages for workers covered by State Unemployment Insurance (UI) laws and the Unemployment Compensation for Federal Employees (UCFE) program.
Average annual wages per employee are computed by dividing total annual wages by annual average employment.
Annual pay data only approximate annual earnings, because an individual may not be employed by the same employer all year or may work for more than one employer at a time.
Average annual pay is affected by the ratio of full-time to part-time workers, as well as by the numbers of individuals in high- and low-paying occupations.
Average wage data also may be influenced by work stoppages, labor turnover, retroactive payments, seasonal factors, and bonus payments.