As of July 01, 2026, the average salary for a CRA Business Development Manager in New Mexico is $117,790 per year, which breaks down to an hourly rate of $57.
However, a CRA Business Development Manager's salary can vary significantly. Here’s a look at the typical salary range:
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A CRA Business Development Manager'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.
Experience is a primary driver of a CRA Business Development Manager'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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Business /Economic Development Representative IV | 7+ years | $101,062 |
| Business /Economic Development Representative IV | 7-10 years | $121,001 |
| CRA Business Development Manager | 10+ years | $117,789 |
| Community Development Relationship Manager II | 10+ years | $151,859 |
| Vice President of Community Outreach and Development | 10+ years | $164,619 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract CRA Business Development Managers. For example, consider the average annual salaries in these key locations:
CRA Business Development Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $128,719. While startup companies pay approximate $108,886.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $108,886 |
| Growth Stage | 51~500 | $115,169 |
| Established | 501~5000 | $124,303 |
| Enterprise | 5000+ | $128,719 |
For CRA Business Development Manager roles, the industry you choose can affect earning potential by as much as 41% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Healthcare sectors offer the strongest compensation, at 23% above the average. In contrast, CRA Business Development Manager positions in Business Services or Insurance typically offer lower base pay, as these industries often view CRA Business Development Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $144,882 | $70.0 | 23% |
| Healthcare | $123,680 | $59.0 | 5% |
Understanding how a CRA Business Development Manager'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.
Last Updated on July 01, 2026For a CRA Business Development Manager, the most direct path to higher earnings is advancing to the Community Development Relationship Manager II role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $151,900 - a projected growth of 29% over your current level.
Ready to take the next step in your career? Browse thousands of current CRA Business Development Manager job openings on our job board. Use the search bar below to find your perfect match.
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