How Much Does a New Business Development Make in New Mexico?

Updated March 26, 2024
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Individually reported data submitted by users of our website

Low Confidence
$301,665/yr
Average Base Pay
Low $249,031
Average $301,665
High $358,753
The average salary for New Business Development is $301,665 per year in New Mexico.

Related Job Titles to New Business Development

New Business Development Manager
$129,847
New Mexico
Per Year
New Business Development Specialist
$99,407
New Mexico
Per Year
Director Of New Business Development
$187,777
New Mexico
Per Year
Annuities Supervisor (New Business)
$64,927
New Mexico
Per Year

Similar Job Salaries to New Business Development by Company

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Company average base salary in (usd) range
Carr, Riggs & Ingram, LLC
Business Development Executive
$115,649/yr
$100,221
$131,078
RANGE: $100,221 - $131,078
Valliant Consulting Group
Executive Director, Business Development
$209,864/yr
$177,734
$241,995
RANGE: $177,734 - $241,995
United Site Services
Business Development Manager
$146,573/yr
$123,897
$169,248
RANGE: $123,897 - $169,248
Lea County State Bank
Business Development Officer
$111,068/yr
$92,389
$129,748
RANGE: $92,389 - $129,748
BOSTON GOVERNMENT SERVICES LLC
Technical Business Development Specialist
$99,674/yr
$86,568
$112,780
RANGE: $86,568 - $112,780
Vector Resources, Inc
Technical Business Development Specialist
$103,156/yr
$88,849
$117,463
RANGE: $88,849 - $117,463
AutoNation, Inc.
Automotive Business Development Associate
$98,710/yr
$83,491
$113,930
RANGE: $83,491 - $113,930
Sombra Cosmetics
Business Development Manager
$98,528/yr
$84,245
$112,811
RANGE: $84,245 - $112,811
NBLY - Real Property Management Albuquerque
Business Development Manager
$146,573/yr
$123,897
$169,248
RANGE: $123,897 - $169,248
TMC Global Professional Services
Business Development Manager
$146,573/yr
$123,897
$169,248
RANGE: $123,897 - $169,248

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Top 10 Highest Paying Cities For New Business Development 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 New Business Development can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for New Business Development job salaries in New Mexico. Some cities can pay higher salaries for New Business Development jobs, which can indicate that there is a large demand for New Business Development positions in this city.
The following table shows top 10 cities where the New Business Development salary is higher than other cities in New Mexico. Santa Fe takes first place in this list, followed by Albuquerque, Rio Rancho. The New Business Development salary is $309,190 in Santa Fe, which is lower than the national average. There is 0 city's New Business Development salary higher than national average in New Mexico.
The average salary for a New Business Development in New Mexico is $301,665, but we found that the city with the highest salary for New Business Development jobs is Santa Fe, NM, and it is higher than Albuquerque. New Business Development 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 $309,190 $25,766 $5,946 $149
Albuquerque $307,554 $25,630 $5,915 $148
Rio Rancho $306,573 $25,548 $5,896 $147
Farmington $303,628 $25,302 $5,839 $146
Clovis $292,176 $24,348 $5,619 $140
Alamogordo $291,849 $24,321 $5,612 $140
Hobbs $289,559 $24,130 $5,568 $139
Roswell $286,941 $23,912 $5,518 $138
Sunland Park $284,978 $23,748 $5,480 $137
Las Cruces $283,342 $23,612 $5,449 $136

What Does a New Business Development Do?

The aim is to generate profits with a new product or service and a new business model in a hitherto unknown market.
Updated November 25, 2021
Cost consideration, legal approvals, and regulatory adherence are all assessed as a part of a business development plan.
Updated November 22, 2021
When thinking about your business development strategy, you might want to consider using an online platform.
Updated December 20, 2021
By bringing all these elements together and communicating it within your team, you generate a business development strategy which is actionable and will encourage your employees, encouraging both growth and success for your business.
Updated December 15, 2021
One of the easiest ways to evaluate your progress is by looking at your sales pipeline and how it is influenced by the activities of the business development team.
Updated December 13, 2021

Frequently Asked Questions About a New Business Development Salaries

What is the average of a New Business Development in New Mexico?

The New Business Development salary range is from $249,031 to $358,753, and the average New Business Development salary is $301,665/year in New Mexico. The New Business Development's salary will change in different locations.

Which location pays the highest New Business Development salary in the United States?

The New Business Development salary in San Jose, CA is $410,617 which is the highest in the US.

What kinds of reasons will influence the New Business Development'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 New Business Development.

What is the growth rate of the New Business Development's salary?

If you are thinking of becoming a New Business Development or planning the next step in your career, find the detailed salary report of a New Business Development.