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Aerospace Engineer Salary in Albuquerque, NM

Aerospace Engineer salary data for Albuquerque, NM — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

Aerospace Engineer Salary in Albuquerque, NM — 2026

The median Aerospace Engineer salary in Albuquerque, NM is $114,080 per year ($9,507/month, $55/hr). This reflects the local cost of living index of 92, which is 8% below the national average.

Entry Level
$75K
$36/hr
Median
$114K
$55/hr
Senior
$148K
$71/hr
Top Earner
$172K
$83/hr

Aerospace Engineer Take-Home Pay in Albuquerque

Tax Breakdown (Median Salary)

Gross Annual$114,080
Federal Tax-$16,712
State Tax (4.9%)-$5,590
FICA (SS + Medicare)-$8,727
Annual Take-Home$83,051
Monthly Take-Home$6,921

Living Cost Comparison

Median Rent$1,100/mo
Rent-to-Income Ratio11.6%
Median Home Price$280,000
Cost of Living Index92
City Median Salary$52,000
Aerospace Engineer vs City Median+$62,080

Aerospace Engineer Requirements

Education
Bachelor's Degree
Experience
2-5 years
Job Growth
6.0% (2024-2034)

Key Skills

AerodynamicsMATLABCFDPropulsion SystemsSystems Engineering

Albuquerque Job Market Overview

Albuquerque, New Mexico has a population of 564,559 and an unemployment rate of 4.0%. The top industries are Government, Technology, Healthcare. The local job growth rate is 1.5%, and the average commute time is 22 minutes.

Frequently Asked Questions

What is the average Aerospace Engineer salary in Albuquerque, NM?
The median Aerospace Engineer salary in Albuquerque, NM is $114,080 per year as of 2026. This is adjusted for the local cost of living index of 92. Entry-level Aerospace Engineers earn around $74,520, while senior-level professionals can earn $148,120 or more.
How much does a Aerospace Engineer take home in Albuquerque after taxes?
A Aerospace Engineer earning the median salary of $114,080 in Albuquerque, NM takes home approximately $83,051 per year ($6,921/month) after federal, state, and local taxes. The effective tax rate is 27.2%.
Is Albuquerque a good city for Aerospace Engineers?
Albuquerque, NM has a cost of living index of 92 (below national average). Aerospace Engineers here earn above the city median. The local unemployment rate is 4.0% and top industries include Government, Technology, Healthcare.
What skills are needed for a Aerospace Engineer in Albuquerque?
Key skills for Aerospace Engineers include Aerodynamics, MATLAB, CFD, Propulsion Systems, Systems Engineering. Typical education requirement is Bachelor's Degree. Valuable certifications include PE License, FE Exam, Security Clearance.
How does Aerospace Engineer salary in Albuquerque compare to the national average?
The national median Aerospace Engineer salary is $124,000. In Albuquerque, the adjusted salary is $114,080, which is 8.0% lower than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Aerospace Engineer salary in Albuquerque, NM?

The median Aerospace Engineer salary in Albuquerque, NM is $114,080 per year as of 2026. This is adjusted for the local cost of living index of 92. Entry-level Aerospace Engineers earn around $74,520, while senior-level professionals can earn $148,120 or more.

How much does a Aerospace Engineer take home in Albuquerque after taxes?

A Aerospace Engineer earning the median salary of $114,080 in Albuquerque, NM takes home approximately $83,051 per year ($6,921/month) after federal, state, and local taxes. The effective tax rate is 27.2%.

Is Albuquerque a good city for Aerospace Engineers?

Albuquerque, NM has a cost of living index of 92 (below national average). Aerospace Engineers here earn above the city median. The local unemployment rate is 4.0% and top industries include Government, Technology, Healthcare.

What skills are needed for a Aerospace Engineer in Albuquerque?

Key skills for Aerospace Engineers include Aerodynamics, MATLAB, CFD, Propulsion Systems, Systems Engineering. Typical education requirement is Bachelor's Degree. Valuable certifications include PE License, FE Exam, Security Clearance.

How does Aerospace Engineer salary in Albuquerque compare to the national average?

The national median Aerospace Engineer salary is $124,000. In Albuquerque, the adjusted salary is $114,080, which is 8.0% lower than the national average, reflecting the local cost of living.