As of May 01, 2026, the average annual salary for Component Engineer in Rio Rancho, NM is $65,678, equivalent to $32 per hour, $1,263 weekly, or $5,473 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Component Engineer in cities like San Jose, Santa Clara, and San Francisco.

Annually Salaries for Component Engineer in Rio Rancho, NM vary widely, spanning from $57,879 to $71,887. Most professionals fall between the 25th percentile ($61,596) and 75th percentile ($68,928), while top earners (90th percentile) make $71,887 per year. This $7,332 pay gap underscores opportunities for salary growth through certifications, specialized skills like Project Management or Digital Media, or targeting high-paying regions like District of Columbia or California.

Location and experience significantly influence earnings. For example, Rio Rancho Component Engineer often earn 1.3% lower than national averages. However, Rio Rancho currently ranks 603 statewide for Component Engineer job salary. Professionals are advised to focus on high-growth sectors like to offset market challenges.

Based on HR-reported data: a national average with a geographic differential
Component Engineer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Component Engineer Salary $57,879 Rio Rancho, NM May 01, 2026
25th Percentile Component Engineer Salary $61,596 Rio Rancho, NM May 01, 2026
50th Percentile Component Engineer Salary $65,678 Rio Rancho, NM May 01, 2026
75th Percentile Component Engineer Salary $68,928 Rio Rancho, NM May 01, 2026
90th Percentile Component Engineer Salary $71,887 Rio Rancho, NM May 01, 2026
25% $61,596 10% $57,879 90% $71,887 75% $68,928 $65,678 50%(Median) Didn’t find job title? Click
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Component Engineer

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Job Openings for Component Engineer in Rio Rancho, NM

Career Path for this job

  1. This Job:

    Component Engineer

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Digital Producer II

    2 - 4 years experience
    Bachelor's Degree

Understand the total compensation opportunity for a Component Engineer, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
61596
68928
65678

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
61475
73811
66821
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Component Engineer in Rio Rancho, NM. The base salary for Component Engineer ranges from $61,596 to $68,928 with the average base salary of $65,678. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $61,475 to $73,811 with the average total cash compensation of $66,821.

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61596
68928

 

About Rio Rancho, New Mexico    Rio Rancho (Spanish: Río Rancho) is the largest city and economic hub of Sandoval County in the U.S. state of New Mexico. A small portion of the city ....More

Rio Rancho, New Mexico  area prices were up 2.5% from a year ago

Component Engineer Salary in popular cities: AlbuquerqueLas CrucesSanta Fe

Skills associated with Component Engineer: Design, Procurement

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