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As of August 01, 2026, the average salary for an Elementary Principal in New Mexico is $98,183 per year, which breaks down to an hourly rate of $47.
However, an Elementary Principal's salary can vary significantly. Here’s a look at the typical salary range:
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Elementary Principal Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $109,668 | $9,139 | $2,109 | $53 |
| Average | $98,183 | $8,182 | $1,888 | $47 |
| 25th Percentile | $91,957 | $7,663 | $1,768 | $44 |
Arrivia, Inc. - SCOTTSDALE, AZ
School Professionals - BRONX, NY
Odyssey Charter School, Inc. - PALM BAY, FL
ManTech International - CHANTILLY, VA
An Elementary Principal'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 Elementary Principal'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:
| Levels | Salary |
|---|---|
| Software ... Level Elementary Principal | $75,637 |
| Elementar... Level Elementary Principal | $97,339 |
| Software ... Level Elementary Principal | $119,205 |
| Software ... Level Elementary Principal | $137,914 |
| Software ... Level Elementary Principal | $158,543 |
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 Elementary Principals. 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 Elementary Principal 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 Pharmaceuticals and Internet sectors offer the strongest compensation, at 30% above the average. In contrast, Elementary Principal positions in Retail & Wholesale or Hospitality & Leisure typically offer lower base pay, as these industries often view Elementary Principal as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $127,638 | $61.0 | 30% |
| Internet | $122,728 | $59.0 | 25% |
| Aerospace & Defense | $117,819 | $57.0 | 20% |
| Energy & Utilities | $112,910 | $54.0 | 15% |
| Biotechnology | $108,001 | $52.0 | 10% |
Understanding how an Elementary Principal'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 | $109,668 | $9,139 | $2,109 | $53 |
| Average | $98,183 | $8,182 | $1,888 | $47 |
| 25th Percentile | $91,957 | $7,663 | $1,768 | $44 |
Ready to take the next step in your career? Browse thousands of current Elementary Principal job openings on our job board. Use the search bar below to find your perfect match.
Wake County Public School System
ZEBULON, NC
Wake County Public School System | ZEBULON, NC
Wake County Public School System seeks a 1st Grade Elementary Teacher to foster academic and social-emotional growth in a diverse, student-centered environ... more
4 Days Ago
Wake County Public School System
NORTH HILLS, NC
Wake County Public School System | NORTH HILLS, NC
Wake County Public School System seeks a 1st Grade Elementary Teacher to foster academic and social-emotional growth in a diverse, student-centered environ... more
5 Days Ago
Wake County Public School System
GARNER, NC
Wake County Public School System | GARNER, NC
Wake County Public School System seeks a 1st Grade Elementary Teacher to foster academic and social-emotional growth in a diverse, student-centered environ... more
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Professional Case Management
SCHILLER PARK, IL
Professional Case Management | SCHILLER PARK, IL
Professional Case Management is seeking a Principal Investigator to lead clinical and scientific research within our Healthcare & Medical organization. In ... more
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KinderCare Education
MITCHELLVILLE, MD
KinderCare Education | MITCHELLVILLE, MD
Futures start here. Where first steps, new friendships, and confident learners are born. At KinderCare Learning Companies, the first and only early childho... more
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Stratford School
COYOTE, CA
Stratford School | COYOTE, CA
Stratford School, part of Spring Education Group, is a leading independent WASC-accredited private school in California offering courses from preschool thr... more
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