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Ironworker Salary in Albuquerque, NM

How much does a ironworker make in Albuquerque? Explore median, entry-level, and senior salaries adjusted for Albuquerque's cost of living.

Median Salary
$50,760
per year in Albuquerque
Entry Level
$26,588
Starting salary
Senior Level
$70,903
Experienced professionals
Cost of Living
98
2% below national avg

Salary Breakdown by Experience Level

See how ironworker salaries break down across different pay periods in Albuquerque.

PeriodEntry LevelMedianSenior
Annual$26,588$50,760$70,903
Monthly$2,216$4,230$5,909
Biweekly$1,023$1,952$2,727
Weekly$511$976$1,364
Hourly$13$24$34

Albuquerque vs National Average

How Albuquerque's ironworker salaries compare to national figures.

Albuquerque Salary
$50,760
COL Index: 98
National Average
$56,840
COL Index: 100
Difference
-$6,080
Lower in Albuquerque

Cost of Living in Albuquerque

1-Bedroom Rent
$1,300
per month
Median Income
$54,123
per year
Population
564,559
residents
Rent % of Income
28.8%
median household
Cost of Living Index: 98 — A score of 100 represents the U.S. average. Salaries in Albuquerque have been adjusted to account for local cost differences.

About Ironworker

Overview

Assemble and erect structural steel and reinforced concrete.

Education

High school diploma; apprenticeship required

Key Skills

Steel WorkSafetyRiggingHeight Work

Growth Rate

Expected job growth: +12% over the next decade

Compare Cities: Ironworker Salary

See Ironworker salaries in other top cities.

New York, NY
$92,980
+83%
Los Angeles, CA
$64,480
+27%
Chicago, IL
$93,190
+84%
Houston, TX
$50,610
0%
Phoenix, AZ
$67,010
+32%

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Ironworker Salary in Albuquerque, NM — Complete Guide

Median Salary Overview

The median salary for a ironworker in Albuquerque, NM is $50,760 per year, adjusted for the local cost of living index of 98. This figure reflects typical earnings for experienced professionals in this role, considering Albuquerque's unique economic conditions.

Salary Range and Experience Levels

Entry-level ironworker professionals in Albuquerque can expect to earn around $26,588 annually. As professionals gain experience, salaries typically increase, with senior-level ironworkers earning approximately $70,903 per year. This represents a 167% increase from entry to senior level.

Cost of Living Adjustment

Albuquerque's cost of living index of 98 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Albuquerque are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $56,840, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a ironworker's salary in Albuquerque typically goes toward housing. With a 1-bedroom apartment averaging $1,300 per month, housing represents about 30.7% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Ironworkers are in growing demand across the United States, with an expected job growth of 12% over the next decade. In Albuquerque, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.