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As of August 01, 2026, the average salary for a New Business Development Manager in New Mexico is $124,044 per year, which breaks down to an hourly rate of $60.
However, a New Business Development Manager's salary can vary significantly. Here’s a look at the typical salary range:
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New Business Development Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $136,805 | $11,400 | $2,631 | $66 |
| Average | $124,044 | $10,337 | $2,385 | $60 |
| 25th Percentile | $114,534 | $9,544 | $2,203 | $55 |
GardaWorld - Albuquerque, NM
DAIOHS U.S.A., INC. - Albuquerque, NM
SDV Construction Inc. - Santa Fe, NM
SDV Construction Inc. - Albuquerque, NM
A New Business Development Manager'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 a New Business Development Manager'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 |
|---|---|
| Business ... Level New Business Development Manager | $155,418 |
| Business ... Level New Business Development Manager | $106,597 |
| New Busin... Level New Business Development Manager | $123,106 |
| Business ... Level New Business Development Manager | $161,934 |
| Business ... Level New Business Development Manager | $196,091 |
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 New Business Development Managers. 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 New Business Development Manager roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Aerospace & Defense sectors offer the strongest compensation, at 50% above the average. In contrast, New Business Development Manager positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view New Business Development Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $186,066 | $89.0 | 50% |
| Aerospace & Defense | $161,257 | $78.0 | 30% |
Understanding how a New Business Development Manager'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 | $136,805 | $11,400 | $2,631 | $66 |
| Average | $124,044 | $10,337 | $2,385 | $60 |
| 25th Percentile | $114,534 | $9,544 | $2,203 | $55 |
Ready to take the next step in your career? Browse thousands of current New Business Development Manager job openings on our job board. Use the search bar below to find your perfect match.
CNS Cares
Albuquerque, NM
CNS Cares | Albuquerque, NM
Business Development Manager. Base Salary: $65,000 - $75,000 per year depending on experience, plus commission pay. Lucrative commission pay in addition to... more
8 Days Ago
UPS US
Albuquerque, NM
UPS US | Albuquerque, NM
Business Development Supervisor. As a Business Development Supervisor, you will play a crucial role in driving our company's growth by identifying and acqu... more
6 Days Ago
Power Ford
Albuquerque, NM
Power Ford | Albuquerque, NM
Job Description. Job Description. Job Description. About Power FordPower Ford is a leading automotive dealership in Albuquerque, New Mexico, recognized as ... more
6 Days Ago
Senior Helpers
Albuquerque, NM
Senior Helpers | Albuquerque, NM
Client Care & Community Relations Coordinator. Full-Time | Senior Helpers of Albuquerque / Santa Fe. About Us. Senior Helpers is one of New Mexico's premie... more
7 Days Ago
West Coast Wound
Farmington, NM
West Coast Wound | Farmington, NM
Job Description. Job Description. Job description. West Coast Wound & Skin Care is seeking a Business Development Representative for Farmington, NM. This i... more
8 Days Ago
MRINetwork Jobs
Albuquerque, NM
MRINetwork Jobs | Albuquerque, NM
Job Description. Job Description. Excellent opportunity for a seasoned SBA Business Development Officer with a very successful national financial instituti... more
8 Days Ago
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