In 2014, the New Mexico Workforce Connection, the state’s online portal for occupational data, reported that the median healthcare administration salary in the state that year was $90,130. Salaries for entry-level positions averaged about 33% less at $60,140 (10th percentile), while experienced professionals earned an average of 29% more at $126,650 (90th percentile).
Job Outlook and Employment Settings for Healthcare Administrators in New Mexico
Recent occupational data published by the New Mexico Department of Workforce Solutions indicates that the job outlook for healthcare administrators in New Mexico is holding strong. In fact, in the 10-year period between 2012 and 2022, the number of jobs for healthcare administrators is expected to increase by 16%. Approximately 42% of job openings each year are expected to be from the increasing demand for healthcare administrators, while 58% of job opportunities will be attributable to replacement factors like retirement and career advancement.
The majority of healthcare administrators in New Mexico are currently employed in hospital settings. In fact, during 2014, about 43% of healthcare administrators in New Mexico managed hospitals, while 27% managed ambulatory care clinics. Only about 7% of New Mexico’s healthcare administrators managed nursing homes and/or residential care facilities that year.
Healthcare Administration Salaries in New Mexico by Region
The median salary among healthcare administrators in New Mexico is highest in the Northern workforce region, which includes Santa Fe. In fact, in the Northern workforce region, the entry-level, median, and experienced salary averages all exceed the average healthcare administration salaries statewide (New Mexico Department of Workforce Solutions, 2014):
- Entry-Level: $60,140
- Median: $90,130
- Experienced: $126,650
(Cibola, Colfax, Los Alamos, McKinley, Mora, Rio Arriba, San Juan, Santa Fe, San Miguel, and Taos counties)
- Entry-Level: $65,182
- Median: $92,402
- Experienced: $131,630
Central – Albuquerque, Rio Rancho
(Bernalillo, Sandoval, Torrance, and Valencia counties)
- Entry-Level: $57,690
- Median: $90,070
- Experienced: $126,400
Eastern – Roswell
(Chaves, Curry, De Baca, Eddy, Guadalupe, Harding, Lea, Lincoln, Otero, Quay, Roosevelt, and Union counties)
- Entry-Level: $61,012
- Median: $83,133
- Experienced: $120,966
Southwestern – Las Cruces
(Catron, Dona Ana, Grant, Hidalgo, Luna, Sierra, and Socorro counties)
- Entry-Level: $63,998
- Median: $89,150
- Experienced: $119,686
For comparison, a complete analysis of healthcare administration salaries in New Mexico is given in the table shown below, as published by the Bureau of Labor Statistics in 2014:
*Salaries are at or above $90 per hour and $187,199 per year. The U.S. Department of Labor, Bureau of Labor Statistics does not report salaries beyond these values.