How Much Does a Retail Store Owner Make in New Mexico?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Retail Store Owner in New Mexico is $65,731. While Salary.com is seeing that Retail Store Owner salary in NM can go up to $81,981 or down to $48,025, but most earn between $56,463 and $74,237. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Retail Store Owner
Store Owner
$63,867
New Mexico
Per Year
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$208,681
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Retail Store Office Manager
$37,515
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Retail Tire Store Manager
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Similar Job Salaries to Retail Store Owner by Company

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Company average base salary in (usd) range
VDOVAPES Smoke Shop
Retail Store Associates
$39,587/yr
$33,682
$45,492
RANGE: $33,682 - $45,492
Sherwin-Williams
Retail Store Associate
$36,934/yr
$31,425
$42,443
RANGE: $31,425 - $42,443
Albertsons
Retail Sales and Store Support
$49,940/yr
$40,050
$59,830
RANGE: $40,050 - $59,830
Robert Half
Retail Store Manager
$64,240/yr
$48,503
$79,977
RANGE: $48,503 - $79,977
Total Wine & More
Retail Store Supervisor
$53,789/yr
$41,789
$65,789
RANGE: $41,789 - $65,789
$64,652/yr
$48,814
$80,490
RANGE: $48,814 - $80,490
$63,621/yr
$48,035
$79,206
RANGE: $48,035 - $79,206
Skechers USA Retail, LLC
Retail Store Manager
$64,996/yr
$49,074
$80,918
RANGE: $49,074 - $80,918
Skechers USA Retail, LLC
Retail Assistant Store Manager
$57,118/yr
$43,756
$70,480
RANGE: $43,756 - $70,480

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Top 10 Highest Paying Cities For Retail Store Owner Jobs in New Mexico

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Retail Store Owner can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Retail Store Owner job salaries in New Mexico. Some cities can pay higher salaries for Retail Store Owner jobs, which can indicate that there is a large demand for Retail Store Owner positions in this city.
The following table shows top 10 cities where the Retail Store Owner salary is higher than other cities in New Mexico. Santa Fe takes first place in this list, followed by Albuquerque, Rio Rancho. The Retail Store Owner salary is $67,371 in Santa Fe, which is lower than the national average. There is 0 city's Retail Store Owner salary higher than national average in New Mexico.
The average salary for a Retail Store Owner in New Mexico is $65,731, but we found that the city with the highest salary for Retail Store Owner jobs is Santa Fe, NM, and it is higher than Albuquerque. Retail Store Owner jobs in Santa Fe can have the opportunity to earn higher salaries than in other cities in New Mexico.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Santa Fe $67,371 $5,614 $1,296 $32
Albuquerque $67,014 $5,585 $1,289 $32
Rio Rancho $66,800 $5,567 $1,285 $32
Farmington $66,159 $5,513 $1,272 $32
Clovis $63,663 $5,305 $1,224 $31
Alamogordo $63,592 $5,299 $1,223 $31
Hobbs $63,093 $5,258 $1,213 $30
Roswell $62,523 $5,210 $1,202 $30
Sunland Park $62,095 $5,175 $1,194 $30
Las Cruces $61,739 $5,145 $1,187 $30

What Does a Retail Store Owner Do?

As the store grows and the retail business evolves, the dynamics of the organization's structure will change too.
Updated October 25, 2021
Whatever the experience and training, a retail business owner needs a lot of energy, patience, and fortitude to overcome the slow times and other difficulties involved in running a business.
Updated December 20, 2021
Owning your own retail store is challenging, but the rewards can be great when your hard work pays off.
Updated December 19, 2021
By creating specialty areas, such as jewelry, shoes, sporting goods, and housewares, retail professionals create stores with stores.
Updated December 18, 2021
Most communities have a chamber of commerce whose members usually will be glad to share their insights into the career of a retail business owner.
Updated December 16, 2021

Frequently Asked Questions About a Retail Store Owner Salaries

What is the average of a Retail Store Owner in New Mexico?

The Retail Store Owner salary range is from $56,463 to $74,237, and the average Retail Store Owner salary is $65,731/year in New Mexico. The Retail Store Owner's salary will change in different locations.

Which location pays the highest Retail Store Owner salary in the United States?

The Retail Store Owner salary in San Jose, CA is $89,471 which is the highest in the US.

What kinds of reasons will influence the Retail Store Owner's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Retail Store Owner.

What is the growth rate of the Retail Store Owner's salary?

If you are thinking of becoming a Retail Store Owner or planning the next step in your career, find the detailed salary report of a Retail Store Owner.