As of July 01, 2026, the average salary for a Store Owner in New Mexico is $65,815 per year, which breaks down to an hourly rate of $32.
However, a Store Owner's salary can vary significantly. Here’s a look at the typical salary range:
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Store Owner Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $71,109 | $5,926 | $1,367 | $34 |
| Average | $65,815 | $5,485 | $1,266 | $32 |
| 25th Percentile | $60,636 | $5,053 | $1,166 | $29 |
Shindler, Anderson, Goplerud & Weese, PC - WEST DES MOINES, IA
Diamond & Fisher Dental - SCARBOROUGH, ME
Pulmonary Associates of Richmond, Inc. - RICHMOND, VA
Bennett Bricklin & Saltzburg - MARLTON, NJ
A Store Owner'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.
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 Store Owners. For example, consider the average annual salaries in these key locations:
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:
For Store Owner roles, the industry you choose can affect earning potential by as much as 32% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Biotechnology sectors offer the strongest compensation, at 20% above the average. In contrast, Store Owner positions in Retail & Wholesale or Pharmaceuticals typically offer lower base pay, as these industries often view Store Owner as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $78,978 | $38.0 | 20% |
| Biotechnology | $75,687 | $36.0 | 15% |
| Chemicals | $73,713 | $35.0 | 12% |
| Energy & Utilities | $72,397 | $35.0 | 10% |
| Financial Services | $71,080 | $34.0 | 8% |
Understanding how a Store Owner'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $71,109 | $5,926 | $1,367 | $34 |
| Average | $65,815 | $5,485 | $1,266 | $32 |
| 25th Percentile | $60,636 | $5,053 | $1,166 | $29 |
Ready to take the next step in your career? Browse thousands of current Store Owner job openings on our job board. Use the search bar below to find your perfect match.
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