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Business /Economic Development Representative III Salary in New Mexico

How much does a Business /Economic Development Representative III make in New Mexico?

As of August 01, 2026, the average salary for a Business /Economic Development Representative III in New Mexico is $86,200 per year, which breaks down to an hourly rate of $41.

However, a Business /Economic Development Representative III's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $112,564
  • Majority Range (25th-75th percentile): $77,400 to $100,000
  • Entry-Level (10th percentile): $69,388
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View as table View as graph 25% $77,400 10% $69,388 90% $112,564 75% $100,000 $86,200 50%(Median) Didn’t find job title? Click

Business /Economic Development Representative III Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $100,000 $8,333 $1,923 $48
Average $86,200 $7,183 $1,658 $41
25th Percentile $77,400 $6,450 $1,488 $37
Check out Business /Economic Development Representative III Job Openings in New Mexico
Service Business Development Representative

Power Ford - Albuquerque, NM

Business Development Representative

Senior Helpers - Albuquerque, NM

Business Development Representative

West Coast Wound - Farmington, NM

Business Development Representative

West Coast Wound - Deming, NM

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Key Factors That Influence Business /Economic Development Representative III Salaries

A Business /Economic Development Representative III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.

How Experience Level Affects Business /Economic Development Representative Salaries?

Experience is a primary driver of a Business /Economic Development Representative III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Business /Economic Development Representative II (2-4 years): $71,875
  • Business /Economic Development Representative III (4-7 years): $86,186
  • Business /Economic Development Representative IV (7+ years): $101,058
  • Business /Economic Development Representative IV (7-10 years): $121,001
  • Community Development Relationship Manager I (10+ years): $117,813
Job Role Years of Experience Average Salary
Business /Economic Development Representative II2-4 years$71,875
Business /Economic Development Representative III4-7 years$86,186
Business /Economic Development Representative IV7+ years$101,058
Business /Economic Development Representative IV7-10 years$121,001
Community Development Relationship Manager I10+ years$117,813
$71,875 Business ...
$86,186 Business ...
$101,058 Business ...
$121,001 Business ...
$117,813 Community...
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What Am I Worth?

Top Paying Cities for Business /Economic Development Representative IIIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Algodones: $87,200
  • Belen: $86,700
  • Bernalillo: $87,300

Business /Economic Development Representative III Salary by Company Size: Startups vs. Enterprise

Business /Economic Development Representative III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $94,046. While startup companies pay approximate $79,608.

Business /Economic Development Representative III Salary by Company Size

Company Size Employees Average Salary
Startup1~50$79,608
Growth Stage51~500$84,191
Established501~5000$90,817
Enterprise5000+$94,046

Business /Economic Development Representative III Salary by Industry: Top Paying Sectors

For Business /Economic Development Representative III roles, the industry you choose can affect earning potential by as much as 30% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Healthcare sectors offer the strongest compensation, at 15% above the average. In contrast, Business /Economic Development Representative positions in Business Services or Insurance typically offer lower base pay, as these industries often view Business /Economic Development Representative III as a support function rather than a direct revenue driver.

The top paying industries for a Business /Economic Development Representative III

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$99,130$48.015%
Healthcare$90,510$44.05%

Business /Economic Development Representative III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Business /Economic Development Representative III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2026
$77,400
Average $86,200/year
$100,000
$6,450
Average $7,183/month
$8,333
$1,488
Average $1,658/week
$1,923
$37
Average $41/hour
$48
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $100,000 $8,333 $1,923 $48
Average $86,200 $7,183 $1,658 $41
25th Percentile $77,400 $6,450 $1,488 $37

Business /Economic Development Representative III Salary Growth & Career Path

Business /Economic Development Representative III
Business /Economic Development Representative IV
Vice President of Community Outreach and Development

For a Business /Economic Development Representative III, the most direct path to higher earnings is advancing to the Business /Economic Development Representative IV role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $101,100 - a projected growth of 17% over your current level.

Salaries of jobs related to Business /Economic Development Representative III

Find Your Next Business /Economic Development Representative III Job

Ready to take the next step in your career? Browse thousands of current Business /Economic Development Representative III job openings on our job board. Use the search bar below to find your perfect match.

United States

  • Pearson

    Santa Fe, NM

    Business Development Representative

    Pearson | Santa Fe, NM

    The Role :Business Development Representative (Remote)In 2021, Faethm joined Pearson, creating the world's first truly end-to-end capability of intuitive c... more

    10 Days Ago

  • Sysco

    CANTON, MI

    Director Business Development

    Sysco | CANTON, MI

    Position Purpose: This position will lead a team of Local New Business Developers for a specific region Responsible for driving profitable new customer gro... more

    6 Days Ago

  • Sysco

    GRAND RAPIDS, MI

    Director Business Development

    Sysco | GRAND RAPIDS, MI

    Position Purpose: This position will lead a team of Local New Business Developers for a specific region Responsible for driving profitable new customer gro... more

    6 Days Ago

  • Geodis

    CARSON, CA

    Business Development Manager

    Geodis | CARSON, CA

    Business Development Manager Who We Are: GEODIS specializes in unlocking business value in a complex world, ensuring seamless movement of goods worldwide. ... more

    6 Days Ago

  • Geodis

    DALLAS, TX

    Business Development Manager

    Geodis | DALLAS, TX

    Business Development Manager Who We Are: GEODIS specializes in unlocking business value in a complex world, ensuring seamless movement of goods worldwide. ... more

    6 Days Ago

  • Carpet City Flooring Center - Wausau

    WAUSAU, WI

    Business Development Representative

    Carpet City Flooring Center - Wausau | WAUSAU, WI

    We are looking for an energetic professional for our sales development role who is ready to jump in and help our company grow. You'll need strong communica... more

    6 Days Ago

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Cost of Living In New Mexico

Cost of Living in New Mexico is
-7.4% Lower
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