As of July 01, 2026, the average salary for a Licensing Specialist I in New Mexico is $36,816 per year, which breaks down to an hourly rate of $18.
However, a Licensing Specialist I's salary can vary significantly. Here’s a look at the typical salary range:
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A Licensing Specialist I'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 Licensing Specialist I'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 |
|---|---|---|
| Licensing Specialist I | 0-1 years | $36,816 |
| Licensing Specialist | 1-3 years | $40,576 |
| Senior Licensing Specialist | 3-5 years | $50,827 |
| Licensing Manager | 5+ years | $82,833 |
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 Licensing Specialist Is. For example, consider the average annual salaries in these key locations:
Licensing Specialist I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $40,250. While startup companies pay approximate $34,001.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $34,001 |
| Growth Stage | 51~500 | $35,978 |
| Established | 501~5000 | $38,856 |
| Enterprise | 5000+ | $40,250 |
For Licensing Specialist I roles, the industry you choose can impact your earning potential by as much as 35% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 15% above the average. Conversely, Licensing Specialist positions in Business Services typically offer lower base pay, as this sector often view Licensing Specialist I as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Insurance | $42,339 | $20.0 | 15% |
| Financial Services | $38,657 | $19.0 | 5% |
Understanding how a Licensing Specialist I'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, 2026Promotions are the fastest way to increase your earnings. As a Licensing Specialist I, 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 |
|---|---|---|
| Insurance Sales Compensation Coordinator | $45,545 | 24% |
| Licensing Specialist II | $40,576 | 10% |
Ready to take the next step in your career? Browse thousands of current Licensing Specialist I job openings on our job board. Use the search bar below to find your perfect match.
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