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Genetic Engineer Average Salary in New Mexico 2024

How much money does a person working as Genetic Engineer make in New Mexico?


Average Yearly Salary
92,400 USD
( 7,700 USD monthly)

LOW
49,000
USD
AVERAGE
92,400
USD
HIGH
140,000
USD
All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Genetic Engineer in New Mexico typically earns around 92,400 USD. Salaries range from 49,000 USD (lowest) to 140,000 USD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Genetic Engineer salaries in New Mexico vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Genetic Engineer Pay Scale and Salaries in New Mexico

Median and salary distribution New Mexico Genetic Engineer yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
83,000 USD or more
10% of people earn
74,100 to 83,000 USD
20% of people earn
54,600 USD or less
65% of people earn
54,600 to 74,100 USD
Minimum Salary
49,000 USD
Median
83,300 USD
Maximum
140,000 USD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Genetic Engineer in New Mexico range from 49,000 USD (starting salary) to 140,000 USD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 83,300 USD, half of the professionals who work as Genetic Engineer in New Mexico earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Genetic Engineer in New Mexico earn less than 69,400 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 94,300 USD while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Genetic Engineer in New Mexico compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 54,600 USD to 74,100 USD. About 20% of salaries are below the 54,600 USD mark, while 10% fall within the range of 74,100 USD to 83,000 USD. Only 5% of individuals have salaries exceeding 83,000 USD.

Salary Comparison by Years of Experience / Genetic Engineer / New Mexico

How do experience and age affect pay?

0 - 2 Years
56,300 USD
2 - 5 Years+23%
69,100 USD
5 - 10 Years+42%
97,900 USD
10 - 15 Years+17%
114,000 USD
15 - 20 Years+10%
126,000 USD
20+ Years+6%
133,000 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly New Mexico Genetic Engineer
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Genetic Engineer and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 56,300 USD.

While someone with an experience level between two and five years is expected to earn 69,100 USD, 23% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 97,900 USD, 42% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 114,000 USD, 17% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 126,000 USD, 10% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 133,000 USD, 6% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Genetic Engineer / New Mexico

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Genetic Engineer.

Bachelor's Degree
63,600 USD
Master's Degree+93%
123,000 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly New Mexico Genetic Engineer
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Genetic Engineer in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 63,600 USD.


Level 2: Master's Degree

At this level, the average salary becomes 123,000 USD, 93% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in United States costs anywhere from 39,600 USD to 119,000 USD and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Genetic Engineer / New Mexico

Salary comparison by gender United States Genetic Engineer yearly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Genetic Engineer in United States, the average difference between the salary of male and female employees is 5%.

Male
92,700 USD
Female-5%
88,500 USD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United States for all Careers

Salary comparison by gender yearly United States
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Average Annual Salary Increment Percentage / Genetic Engineer / New Mexico

How much are annual salary increments in New Mexico for individuals working as Genetic Engineer? How often do employees get salary raises?

Individuals working as Genetic Engineer in United States are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate United States Genetic Engineer
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

United States / All Professions

Annual Salary Increment Rate United States
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in United States is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Genetic Engineer / United States

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United States Genetic Engineer
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from % to % of their annual salary.

Received Bonus
%
No Bonus
100%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Genetic Engineer / New Mexico


44 USD per hour

The average hourly wage (pay per hour) for individuals working as Genetic Engineer in New Mexico is 44 USD.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Genetic Engineer in New Mexico is 24 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Engineering-100%
3D Printing Engineer72,000 USD-22%
Acoustics Engineer80,600 USD-13%
Assembly Engineering Technician65,700 USD-29%
Assistant Chief Engineer95,100 USD+3%
Associate Engineer76,800 USD-17%
AutoCAD Drafter48,600 USD-47%
Autocad Operator53,400 USD-42%
Automation Engineer88,000 USD-5%
Avionic System Support Engineer78,800 USD-15%
Biochemical Engineer75,100 USD-19%
BMS Engineer73,900 USD-20%
Bridge and Lock Tender42,200 USD-54%
Broadcast Engineer77,100 USD-17%
CAD Design Engineer86,900 USD-6%
CAD Designer52,600 USD-43%
CAE Engineer81,800 USD-11%
Ceramics Engineer77,600 USD-16%
Chemical Engineer85,600 USD-7%
Civil Drafter49,600 USD-46%
Civil Engineer87,500 USD-5%
Civil Site Engineer84,700 USD-8%
Civil Technician49,900 USD-46%
Cognitive Engineer75,400 USD-18%
Commissioning Engineer76,600 USD-17%
Communications Engineer84,900 USD-8%
Condition Monitoring Engineer73,500 USD-20%
Contract Associate Engineer76,500 USD-17%
Contract Engineer76,300 USD-17%
Control Systems Engineer77,400 USD-16%
Controls Engineer78,700 USD-15%
Controls Software Engineer69,300 USD-25%
Corrosion Engineer77,900 USD-16%
Design Engineer86,700 USD-6%
Director of Engineering159,000 USD+72%
Drafter51,700 USD-44%
Drafting Manager94,800 USD+3%
Drilling Engineer82,200 USD-11%
Drilling Foreman24,900 USD-73%
Electrical Draughtsman40,200 USD-56%
Electrical Engineer92,700 USD+0%
Electrical Engineering Manager121,000 USD+31%
Electromechanical Engineering Technologist90,400 USD-2%
Electromechanical Equipment Assembler44,100 USD-52%
Energy Engineer83,700 USD-9%
Engine Assembler36,700 USD-60%
Engineer88,800 USD-4%
Engineering Account Manager97,600 USD+6%
Engineering Chief Designer94,700 USD+3%
Engineering Consultant110,000 USD+19%
Engineering Key Account Manager112,000 USD+21%
Engineering Lab Technician81,000 USD-12%
Engineering Manager117,000 USD+27%
Engineering Planning Manager113,000 USD+22%
Engineering Production Manager145,000 USD+57%
Engineering Project Analyst99,200 USD+7%
Engineering Project Coordinator 97,700 USD+6%
Engineering Project Director166,000 USD+80%
Engineering Project Leader106,000 USD+15%
Engineering Project Manager116,000 USD+26%
Engineering Research and Development Manager132,000 USD+43%
Engineering Safety Coordinator60,700 USD-34%
Engineering Sales Manager112,000 USD+21%
Engineering Technician64,500 USD-30%
Engineering Technologist65,200 USD-29%
Environmental Engineer82,300 USD-11%
Equipment Engineer76,400 USD-17%
Equipment Engineering Manager110,000 USD+19%
Estimator68,400 USD-26%
Fabrication Specialist56,700 USD-39%
Fabricator36,400 USD-61%
Facade Engineer83,300 USD-10%
Fiber Analyst44,700 USD-52%
Field Engineer86,700 USD-6%
Field Engineering Manager141,000 USD+53%
Fire Engineer83,900 USD-9%
Fitter and Turner26,700 USD-71%
Forestry Strategic Planner93,700 USD+1%
Generation Engineer79,500 USD-14%
Genetic Engineer92,400 USD+0%
Geological Engineer82,500 USD-11%
Geotechnical Engineer88,500 USD-4%
Heavy Equipment Mechanic44,100 USD-52%
Highway Engineer82,700 USD-10%
HSE Professional73,300 USD-21%
Human Machine Interface Engineer71,400 USD-23%
HVAC Engineer88,100 USD-5%
HVAC Supervisor77,900 USD-16%
Industrial Engineer79,600 USD-14%
Industrial Engineering Technologist77,200 USD-16%
Instrument Engineer76,800 USD-17%
Instrument Technician45,000 USD-51%
Instrumentation and Control Engineer80,900 USD-12%
Instrumentation Designer69,000 USD-25%
Instrumentation Engineer77,500 USD-16%
Instrumentation Manager80,500 USD-13%
Irrigation Engineer80,100 USD-13%
Licensed Aircraft Engineer88,300 USD-4%
Locomotive Engineer75,600 USD-18%
Maintenance Engineer77,200 USD-16%
Maintenance Fitter28,200 USD-69%
Maintenance Manager79,800 USD-14%
Manufacturing Engineer79,100 USD-14%
Marine Engineer82,400 USD-11%
Materials Engineer80,200 USD-13%
Materials Researcher78,000 USD-16%
Materials Technician60,600 USD-34%
Mechanical and Electrical Engineer85,000 USD-8%
Mechanical Design Engineer85,300 USD-8%
Mechanical Designer69,000 USD-25%
Mechanical Engineer86,900 USD-6%
Mechanical Engineering Manager114,000 USD+23%
Mechanical Inspector80,700 USD-13%
Mechatronics Engineer89,000 USD-4%
Mining Engineer81,600 USD-12%
Nanotechnology Engineer86,500 USD-6%
Natural Language Processing Engineer89,400 USD-3%
Oil and Petrochemical Engineer88,500 USD-4%
Optical Engineer80,600 USD-13%
Optical Instrument Assembler42,000 USD-55%
PCB Assembler30,900 USD-67%
Photonics Engineer87,700 USD-5%
Photonics Technician71,400 USD-23%
Pipeline Engineer75,300 USD-18%
Piping Designer44,500 USD-52%
Piping Engineer75,000 USD-19%
Planning Engineer80,800 USD-13%
Pressure Vessel Inspector40,400 USD-56%
Principal Cost Engineer84,300 USD-9%
Principal Engineer78,800 USD-15%
Principal Support Engineer86,900 USD-6%
Process Engineer80,100 USD-13%
Process Operator48,900 USD-47%
Product Development Engineer84,000 USD-9%
Product Development Technician60,400 USD-35%
Product Engineer83,800 USD-9%
Product Safety Engineer79,600 USD-14%
Production Engineer79,400 USD-14%
Project Engineer85,000 USD-8%
Proposal Manager103,000 USD+12%
Purchasing Engineer73,100 USD-21%
Quality Assurance Engineer79,400 USD-14%
Rail Engineer80,600 USD-13%
Regional Field Engineer84,400 USD-9%
Remote Sensing Engineer81,100 USD-12%
Robotics Engineer96,000 USD+4%
Robotics Technician69,300 USD-25%
Safety Engineer79,800 USD-14%
Safety Inspector61,300 USD-34%
Safety Manager101,000 USD+9%
Safety Officer40,700 USD-56%
Sales Engineer87,400 USD-5%
Scheduling Engineer71,500 USD-23%
Security Engineer83,100 USD-10%
Service Engineer87,100 USD-6%
Smart Home Engineer89,600 USD-3%
Solar Engineer84,000 USD-9%
Staff Engineer82,500 USD-11%
Static Equipment Engineer82,200 USD-11%
Stationary Engineer72,800 USD-21%
Stress Engineer75,400 USD-18%
Structural Analysis Engineer79,400 USD-14%
Structural Designer74,900 USD-19%
Structural Engineer79,200 USD-14%
Structural Technician51,800 USD-44%
Subsea Engineer96,300 USD+4%
Supply Chain Specialist82,600 USD-11%
Surveyor62,600 USD-32%
Technical Affairs Officer40,100 USD-57%
Technical Assistant39,900 USD-57%
Technical Engineer72,200 USD-22%
Technical Support Engineer73,500 USD-20%
Tender Engineer74,300 USD-20%
Test Development Engineer79,700 USD-14%
Test Engineer80,700 USD-13%
Transportation Engineer75,600 USD-18%
Urban Engineer83,300 USD-10%
Validation Engineer74,900 USD-19%
Verification Engineer78,800 USD-15%
Wastewater Engineer80,500 USD-13%
Wind Energy Engineer82,100 USD-11%
Wind Energy Operations Manager107,000 USD+16%
Wireless Engineer92,400 USD+0%
Work Planner56,900 USD-38%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United States is 5% on average across all career fields.

Private Sector
92,800 USD
Public Sector+5%
97,500 USD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Genetic Engineer in New Mexico?

A good and competitive compensation would range anywhere between 83,300 USD and 94,300 USD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Genetic Engineer in New Mexico ranges from 49,000 USD to 69,400 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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