As of August 01, 2026, the average salary for a Facilities Project Engineer III in New Mexico is $104,000 per year, which breaks down to an hourly rate of $50.
However, a Facilities Project Engineer III's salary can vary significantly. Here’s a look at the typical salary range:
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A Facilities Project Engineer 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.
Experience is a primary driver of a Facilities Project Engineer 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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Facilities Project Engineer I | 0-2 years | $73,853 |
| Facilities Project Engineer II | 2-4 years | $84,658 |
| Facilities Project Engineer III | 4-7 years | $103,933 |
| Facilities Project Engineer IV | 7+ years | $124,604 |
| Facilities Project Engineer V | 7-10 years | $139,162 |
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 Facilities Project Engineer IIIs. For example, consider the average annual salaries in these key locations:
Facilities Project Engineer III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $116,422. While startup companies pay approximate $98,490.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $98,490 |
| Growth Stage | 51~500 | $104,165 |
| Established | 501~5000 | $112,426 |
| Enterprise | 5000+ | $116,422 |
For Facilities Project Engineer III roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Healthcare sectors offer the strongest compensation, at 20% above the average. In contrast, Facilities Project Engineer positions in Retail & Wholesale or Transportation typically offer lower base pay, as these industries often view Facilities Project Engineer III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $124,800 | $60.0 | 20% |
| Healthcare | $124,800 | $60.0 | 20% |
| Software & Networking | $124,800 | $60.0 | 20% |
| Energy & Utilities | $119,600 | $57.0 | 15% |
| Pharmaceuticals | $119,600 | $57.0 | 15% |
Understanding how a Facilities Project Engineer 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.
Last Updated on August 01, 2026Promotions are the fastest way to increase your earnings. As a Facilities Project Engineer III, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Facilities Project Engineer IV | $124,700 | 20% |
| Production Facilities Engineer IV | $128,390 | 23% |
Ready to take the next step in your career? Browse thousands of current Facilities Project Engineer III job openings on our job board. Use the search bar below to find your perfect match.
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