As of July 01, 2026, the average salary for an IT Project Manager III in New Mexico is $111,801 per year, which breaks down to an hourly rate of $54.
However, an IT Project Manager III's salary can vary significantly. Here’s a look at the typical salary range:
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An IT Project Manager 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 an IT Project Manager 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 |
|---|---|---|
| IT Project Manager I | 0-2 years | $76,670 |
| IT Project Manager II | 2-4 years | $91,580 |
| IT Project Manager III | 4-7 years | $111,801 |
| IT Project Manager IV | 7+ years | $130,188 |
| IT Project Manager V | 7-10 years | $144,867 |
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 IT Project Manager IIIs. For example, consider the average annual salaries in these key locations:
IT Project Manager III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $125,048. While startup companies pay approximate $105,753.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $105,753 |
| Growth Stage | 51~500 | $111,851 |
| Established | 501~5000 | $120,758 |
| Enterprise | 5000+ | $125,048 |
For IT Project Manager III roles, the industry you choose can affect earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the Construction and Aerospace & Defense sectors offer the strongest compensation, at 30% above the average. In contrast, IT Project Manager positions in Edu., Gov't. & Nonprofit or Biotechnology typically offer lower base pay, as these industries often view IT Project Manager III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Construction | $145,341 | $70.0 | 30% |
| Aerospace & Defense | $134,161 | $65.0 | 20% |
| Healthcare | $128,571 | $62.0 | 15% |
| Business Services | $122,981 | $59.0 | 10% |
| Energy & Utilities | $117,391 | $56.0 | 5% |
Understanding how an IT Project Manager 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 July 01, 2026For an IT Project Manager III, the most direct path to higher earnings is advancing to the IT Project Manager IV role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $130,188 - a projected growth of 16% over your current level.
Ready to take the next step in your career? Browse thousands of current IT Project Manager III job openings on our job board. Use the search bar below to find your perfect match.
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