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Product Research and Development Manager Salary in New Mexico

How much does a Product Research and Development Manager make in New Mexico?

As of September 01, 2026, the average salary for a Product Research and Development Manager in New Mexico is $134,600 per year, which breaks down to an hourly rate of $65.

However, a Product Research and Development Manager's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $155,424
  • Majority Range (25th-75th percentile): $124,700 to $145,500
  • Entry-Level (10th percentile): $115,687

Key Factors That Influence Product Research and Development Manager Salaries

A Product Research and 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.

How Experience Level Affects Product Research and Development Manager Salaries?

Experience is a primary driver of a Product Research and 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:

  • R & D Support Associate VI (10-12 years): $198,779
  • R & D Supervisor (12+ years): $105,959
  • Product Research and Development Manager (12+ years): $134,506
  • Product Research and Development Senior Manager (12+ years): $164,616
  • Product Research and Development Director (12+ years): $189,715
Job Role Years of Experience Average Salary
R & D Support Associate VI10-12 years$198,779
R & D Supervisor12+ years$105,959
Product Research and Development Manager12+ years$134,506
Product Research and Development Senior Manager12+ years$164,616
Product Research and Development Director12+ years$189,715

Top Paying Cities for Product Research and Development Managers

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: $136,000
  • Belen: $135,200
  • Bernalillo: $136,200

Product Research and Development Manager Salary by Company Size: Startups vs. Enterprise

Product Research and Development Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $150,421. While startup companies pay approximate $127,241.

Product Research and Development Manager Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $127,241
Growth Stage 51~500 $134,570
Established 501~5000 $145,251
Enterprise 5000+ $150,421

Product Research and Development Manager Salary by Industry: Top Paying Sectors

For Product Research and Development Manager 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 Biotechnology and Financial Services sectors offer the strongest compensation, at 25% above the average. In contrast, Product Research and Development Manager positions in Hospitality & Leisure or Transportation typically offer lower base pay, as these industries often view Product Research and Development Manager as a support function rather than a direct revenue driver.

The top paying industries for a Product Research and Development Manager

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Biotechnology$168,250$81.025%
Financial Services$154,790$74.015%
Insurance$154,790$74.015%
Pharmaceuticals$154,790$74.015%
Energy & Utilities$148,060$71.010%

Product Research and Development Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Product Research and 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 September 01, 2026
$124,700
Average $134,600/year
$145,500
$10,392
Average $11,217/month
$12,125
$2,398
Average $2,588/week
$2,798
$60
Average $65/hour
$70
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $145,500 $12,125 $2,798 $70
Average $134,600 $11,217 $2,588 $65
25th Percentile $124,700 $10,392 $2,398 $60

Product Research and Development Manager Salary Growth & Career Path

Promotions are the fastest way to increase your earnings. As a Product Research and Development Manager, 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.

Product Research and Development Manager Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Human Factors Engineering Senior Manager $166,400 24%
Product Research and Development Senior Manager $164,700 22%

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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