Rates Trader Salary in New Mexico

How much does a Rates Trader make in New Mexico?

As of July 01, 2026, the average salary for a Rates Trader in New Mexico is $79,131 per year, which breaks down to an hourly rate of $38.

However, a Rates Trader's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $92,198
Majority Range (25th-75th percentile): $73,116 to $85,971
Entry-Level (10th percentile): $67,640

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Rates Trader Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$85,971	$7,164	$1,653	$41
Average	$79,131	$6,594	$1,522	$38
25th Percentile	$73,116	$6,093	$1,406	$35

You may get higher pay by adjusting the following factors:

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Key Factors That Influence Rates Trader Salaries

A Rates Trader'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.

How Do Rates Trader Salaries Vary from State to State?

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 Rates Traders. For example, consider the average annual salaries in these key locations:

District of Columbia: $94,595.
California: $94,237.
Massachusetts: $92,981.

District of Columbia $94,595 California $94,237 Massachusetts $92,981 Washington $92,639 New Jersey $92,605 Alaska $92,485 Connecticut $91,306 New York $90,828

Hawaii $89,298 Rhode Island $88,581 Maryland $88,094 Minnesota $87,427 Colorado $87,171 Illinois $87,086 Oregon $86,761 Delaware $86,522

New Hampshire $86,371 Virginia $86,035 Pennsylvania $85,052 Nevada $84,557 North Dakota $84,394 Michigan $84,138 Wisconsin $84,044 Vermont $83,856

Texas $83,335 Maine $83,301 Arizona $83,249 Ohio $83,190 Georgia $82,404 Indiana $82,011 Wyoming $81,934 Utah $81,814

Iowa $81,763 Kansas $81,353 Louisiana $81,233 North Carolina $81,190 Missouri $81,173 Florida $80,840 Montana $80,661 Nebraska $80,490

Kentucky $80,396 South Carolina $80,054 Tennessee $79,841 Idaho $79,755 New Mexico $79,131 Oklahoma $78,995 Alabama $78,491 South Dakota $77,645

Arkansas $77,183 West Virginia $76,936 Mississippi $76,192

Top Paying Cities for Rates Traders

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:

Algodones: $79,974
Belen: $79,529
Bernalillo: $80,116

Algodones, NM $79,974 Belen, NM $79,529 Bernalillo, NM $80,116 Bluewater, NM $78,433 Bosque, NM $78,944 Casa Blanca, NM $79,123 Cedar Crest, NM $80,182 Cedarvale, NM $77,038

Cerrillos, NM $80,032 Claunch, NM $76,753 Coyote, NM $78,853 Cuba, NM $78,726 Cubero, NM $79,298 Edgewood, NM $79,824 Estancia, NM $78,873 Gallina, NM $78,440

Counselor, NM $78,489 Grants, NM $78,344 Milan, NM $78,657 Isleta, NM $80,253 Jarales, NM $79,452 Jemez Pueblo, NM $79,589 Jemez Springs, NM $79,344 Laguna, NM $79,686

La Jara, NM $78,638 La Joya, NM $78,456 Lindrith, NM $78,362 Los Lunas, NM $79,950 Mcintosh, NM $79,307 Pueblo Of Acoma, NM $78,779 Moriarty, NM $79,040 Mountainair, NM $78,187

Nageezi, NM $78,385 New Laguna, NM $79,260 Paguate, NM $79,313 Pena Blanca, NM $80,199 Peralta, NM $80,076 Placitas, NM $80,117 Ponderosa, NM $79,489 Prewitt, NM $78,409

Regina, NM $78,464 Sandia Park, NM $79,981 Corrales, NM $80,282 San Fidel, NM $78,832 San Rafael, NM $78,497 Santo Domingo Pueblo, NM $79,981 San Ysidro, NM $79,874 Stanley, NM $79,029

Tijeras, NM $79,991 Tome, NM $79,843 Torreon, NM $79,577 Veguita, NM $78,938 Willard, NM $78,046 Youngsville, NM $78,875 Bosque Farms, NM $80,223 Clines Corners, NM $78,551

Cochiti Pueblo, NM $80,042 Cochiti Lake, NM $80,146 Albuquerque, NM $80,327 Kirtland Afb, NM $80,327 Rio Rancho, NM $80,196 Gallup, NM $78,523 Brimhall, NM $78,301 Church Rock, NM $78,338

Continental Divide, NM $78,282 Crownpoint, NM $78,347 Fence Lake, NM $77,998 Fort Wingate, NM $78,310 Gamerco, NM $78,442 Mentmore, NM $78,321 Mexican Springs, NM $78,311 Ramah, NM $78,168

Rehoboth, NM $78,363 Thoreau, NM $78,368 Tohatchi, NM $78,296 Vanderwagen, NM $78,311 Zuni, NM $78,292 Navajo, NM $78,399 Jamestown, NM $78,204 Pinehill, NM $78,107

Sheep Springs, NM $78,380 Smith Lake, NM $78,673 Yatahey, NM $78,352 Farmington, NM $78,729 Aztec, NM $78,874 Blanco, NM $78,506 Bloomfield, NM $78,413 Flora Vista, NM $78,810

Fruitland, NM $78,317 Kirtland, NM $78,811 La Plata, NM $78,839 Navajo Dam, NM $78,804 Shiprock, NM $78,695 Waterflow, NM $78,655 Newcomb, NM $78,333 Sanostee, NM $78,382

Santa Fe, NM $80,738 Abiquiu, NM $78,529 Alcalde, NM $79,897 Amalia, NM $78,409 Arroyo Hondo, NM $78,299 Arroyo Seco, NM $78,390 Canjilon, NM $78,286 Canones, NM $79,000

Carson, NM $78,599 Cebolla, NM $78,333 Cerro, NM $78,356 Chama, NM $78,676 Chamisal, NM $79,685 Chimayo, NM $80,245 Cordova, NM $80,109 Costilla, NM $78,738

Taos Ski Valley, NM $78,141 Dixon, NM $79,609 Dulce, NM $78,674 El Prado, NM $78,459 El Rito, NM $78,819 Embudo, NM $79,200 Espanola, NM $80,147 Glorieta, NM $80,427

Hernandez, NM $79,402 Ilfeld, NM $79,684 La Madera, NM $78,680 Lamy, NM $80,120 Llano, NM $79,524 Los Alamos, NM $80,310 White Rock, NM $80,461 Medanales, NM $79,490

Ojo Caliente, NM $79,023 Los Ojos, NM $78,483 Pecos, NM $80,176 Penasco, NM $79,228 Petaca, NM $78,214 Questa, NM $78,438 Ranchos De Taos, NM $78,852 Red River, NM $78,215

Ribera, NM $78,718 Rowe, NM $79,759 San Cristobal, NM $78,212 San Jose, NM $79,563 Ohkay Owingeh, NM $79,952 Santa Cruz, NM $80,217 Serafina, NM $78,519 Taos, NM $78,414

Tererro, NM $80,433 Tesuque, NM $80,738 Tierra Amarilla, NM $78,414 Trampas, NM $79,163 Tres Piedras, NM $78,192 Truchas, NM $79,885 Vadito, NM $79,124 Valdez, NM $78,271

Vallecitos, NM $78,210 Velarde, NM $79,489 Villanueva, NM $78,566 Spaceport City, NM $76,964 Las Vegas, NM $77,899 Angel Fire, NM $78,129 Anton Chico, NM $77,764 Buena Vista, NM $78,479

Chacon, NM $78,534 Cimarron, NM $78,007 Cleveland, NM $79,091 Eagle Nest, NM $78,066 Guadalupita, NM $78,414 Holman, NM $78,890 La Loma, NM $77,634 Maxwell, NM $78,034

Miami, NM $77,865 Mills, NM $77,588 Montezuma, NM $79,493 Mora, NM $79,202 Mosquero, NM $77,521 Ocate, NM $77,950 Ojo Feliz, NM $78,155 Rainsville, NM $78,497

Raton, NM $78,230 Rociada, NM $79,533 Roy, NM $77,605 Sapello, NM $78,843 Solano, NM $77,511 Springer, NM $77,831 Ute Park, NM $78,044 Valmora, NM $77,834

Wagon Mound, NM $77,745 Watrous, NM $77,860 Socorro, NM $77,680 Aragon, NM $77,915 Datil, NM $77,594 Lemitar, NM $78,041 Luna, NM $78,053 Magdalena, NM $77,600

Pie Town, NM $77,858 Polvadera, NM $78,229 Quemado, NM $78,020 Reserve, NM $77,880 San Acacia, NM $78,358 San Antonio, NM $77,250 Truth Or Consequences, NM $77,234 Arrey, NM $77,221

Caballo, NM $77,274 Derry, NM $76,881 Elephant Butte, NM $77,435 Garfield, NM $76,658 Hatch, NM $75,429 Monticello, NM $77,230 Rincon, NM $74,995 Salem, NM $76,419

Williamsburg, NM $77,331 Winston, NM $77,286 Las Cruces, NM $74,014 White Sands Missile Range, NM $74,256 Santa Teresa, NM $74,796 Playas, NM $77,591 Animas, NM $77,781 Anthony, NM $74,778

Arenas Valley, NM $77,644 Bayard, NM $77,572 Berino, NM $74,439 Buckhorn, NM $77,652 Santa Clara, NM $77,708 Chamberino, NM $74,517 Cliff, NM $77,563 Columbus, NM $77,354

Deming, NM $77,372 Dona Ana, NM $74,016 Fairacres, NM $74,238 Faywood, NM $77,336 Fort Bayard, NM $77,634 Gila, NM $77,448 Glenwood, NM $77,509 Hachita, NM $77,354

Hanover, NM $77,371 Hillsboro, NM $77,212 Hurley, NM $77,520 La Mesa, NM $75,429 Lordsburg, NM $77,534 Mesilla, NM $74,015 Mesilla Park, NM $74,023 Mesquite, NM $74,086

Mimbres, NM $77,432 Mule Creek, NM $77,641 Organ, NM $74,062 Pinos Altos, NM $77,561 Radium Springs, NM $74,045 Redrock, NM $77,364 Rodeo, NM $77,880 San Miguel, NM $74,058

Silver City, NM $77,562 Sunland Park, NM $74,398 Tyrone, NM $77,792 Vado, NM $74,116 Chaparral, NM $75,051 Clovis, NM $77,413 Cannon Afb, NM $77,242 Broadview, NM $77,188

Causey, NM $77,055 Crossroads, NM $76,872 Dora, NM $77,238 Elida, NM $76,918 Floyd, NM $77,105 Fort Sumner, NM $77,042 Grady, NM $77,261 House, NM $77,200

Kenna, NM $76,919 Lingo, NM $77,050 Melrose, NM $77,212 Milnesand, NM $76,888 Pep, NM $76,993 Portales, NM $77,275 Rogers, NM $77,014 Saint Vrain, NM $77,262

Taiban, NM $77,016 Texico, NM $77,292 Yeso, NM $76,737 Roswell, NM $76,825 Artesia, NM $76,978 Caprock, NM $76,821 Carlsbad, NM $77,028 Dexter, NM $76,880

Eunice, NM $77,096 Hagerman, NM $76,919 Hobbs, NM $77,209 Hope, NM $76,637 Jal, NM $77,006 Lake Arthur, NM $76,791 Lakewood, NM $76,906 Loco Hills, NM $77,048

Loving, NM $77,008 Lovington, NM $77,135 Mcdonald, NM $76,925 Malaga, NM $76,933 Maljamar, NM $76,858 Monument, NM $77,039 Tatum, NM $76,974 Whites City, NM $77,103

Carrizozo, NM $76,461 Alamogordo, NM $76,218 Alto, NM $76,473 Bent, NM $76,233 Capitan, NM $76,295 Cloudcroft, NM $76,224 Corona, NM $76,794 Encino, NM $77,411

Fort Stanton, NM $76,327 Glencoe, NM $76,273 High Rolls Mountain Park, NM $76,209 Holloman Air Force Base, NM $76,209 Hondo, NM $76,343 La Luz, NM $76,209 Lincoln, NM $76,121 Mayhill, NM $76,382

Mescalero, NM $76,244 Nogal, NM $76,571 Orogrande, NM $76,248 Picacho, NM $76,326 Pinon, NM $76,614 Ruidoso, NM $76,618 Ruidoso Downs, NM $76,514 Sacramento, NM $76,278

San Patricio, NM $76,368 Sunspot, NM $76,209 Timberon, NM $76,374 Tinnie, NM $76,282 Tularosa, NM $76,260 Vaughn, NM $77,099 Weed, NM $76,373 Tucumcari, NM $77,482

Amistad, NM $77,382 Bard, NM $77,258 Capulin, NM $78,133 Clayton, NM $77,532 Conchas Dam, NM $77,602 Cuervo, NM $77,229 Des Moines, NM $77,824 Folsom, NM $77,945

Garita, NM $77,453 Gladstone, NM $77,609 Grenville, NM $77,594 Logan, NM $77,479 Mcalister, NM $77,239 Nara Visa, NM $77,295 Newkirk, NM $77,381 Quay, NM $77,425

San Jon, NM $77,342 Santa Rosa, NM $77,425 Sedan, NM $77,453 Trementina, NM $77,449

Rates Trader Salary by Industry: Top Paying Sectors

For Rates Trader roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Energy & Utilities sectors offer the strongest compensation, at 40% above the average. In contrast, Rates Trader positions in Telecom. or MFG Durable typically offer lower base pay, as these industries often view Rates Trader as a support function rather than a direct revenue driver.

The top paying industries for a Rates Trader

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Software & Networking	$110,784	$53.0	40%
Energy & Utilities	$94,958	$46.0	20%
Healthcare	$91,001	$44.0	15%
Business Services	$87,045	$42.0	10%

Rates Trader Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Rates Trader'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.

Last Updated on July 01, 2026

$73,116

Average $79,131/year

$85,971

$6,093

Average $6,594/month

$7,164

$1,406

Average $1,522/week

$1,653

$35

Average $38/hour

$41

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$85,971	$7,164	$1,653	$41
Average	$79,131	$6,594	$1,522	$38
25th Percentile	$73,116	$6,093	$1,406	$35

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