What are the main factors that influence a Business Development Representative's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Business Development Representative?

The Pharmaceuticals industry offers the highest average compensation for Business Development Representative roles, with salaries approximately 25% above the market median.

How does experience change A Business Development Representative's salary?

A Business Development Representative's salary grows with experience: starting around $59,883 for beginners, reaching about $92,538 at mid-level, and approach $156,424 for experts.

What are the highest paying states for a Business Development Representative?

Business Development Representative salary varies significantly by state. The top 3 highest paying states for Business Development Representative roles are District of Columbia $87,339, California $87,008, Massachusetts $85,848. These tech hubs typically pay 10-15% above the national average.

How much do different types of Business Development Representative roles make?

Salaries for Business Development Representative level roles vary by specialization: Business Development Representative V: $167,050; Business Development Representative IV: $130,230; Business Development Representative III: $98,830; Government Business Development Representative: $97,010; Business Development Representative II: $76,300.

Business Development Representative Salary in New Mexico

How much does a Business Development Representative make in New Mexico? As of August 01, 2026, the average salary for a Business Development Representative in New Mexico is $73,061 per year, which breaks down to an hourly rate of $35.

However, a Business Development Representative's salary can vary significantly. Here's a look at the typical salary range:

Top Earners (90th percentile): $88,643
Majority Range (25th-75th percentile): $66,693 to $81,217
Entry-Level (10th percentile): $60,895

10% $60,895

50% (Median) $73,061

90% $88,643

Business Development Representative Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$81,217	$6,768	$1,562	$39
Average	$73,061	$6,088	$1,405	$35
25th Percentile	$66,693	$5,558	$1,283	$32

Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

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Key Factors That Influence Business Development Representative Salaries

A Business Development Representative'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 Experience Level Affects Business Development Representative Salaries?

Experience is a primary driver of a Business Development Representative'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:

Entry-Level (less than 1 year): $59,883
Early Career (1-2 years): $71,362
Mid-Level (2-4 years): $92,538
Senior-Level (5-8 years): $121,937
Expert (over 8 years): $156,424

Job Role	Years of Experience	Average Salary
Business Development Associate I	less than 1 year	$59,883
Business Development Representative	1-2 years	$71,362
Business Development Associate III	2-4 years	$92,538
Business Development Associate IV	5-8 years	$121,937
Business Development Associate V	over 8 years	$156,424

How Do Business Development Representative 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 Business Development Representatives. For example, consider the average annual salaries in these key locations:

District of Columbia: $87,339.
California: $87,008.
Massachusetts: $85,848.

District of Columbia $87,339 California $87,008 Massachusetts $85,848 Washington $85,533 New Jersey $85,501 Alaska $85,391 Connecticut $84,302 New York $83,860

Hawaii $82,448 Rhode Island $81,786 Maryland $81,336 Minnesota $80,721 Colorado $80,484 Illinois $80,405 Oregon $80,105 Delaware $79,885

New Hampshire $79,746 Virginia $79,435 Pennsylvania $78,528 Nevada $78,070 North Dakota $77,920 Michigan $77,684 Wisconsin $77,597 Vermont $77,423

Texas $76,942 Maine $76,911 Arizona $76,863 Ohio $76,808 Georgia $76,082 Indiana $75,720 Wyoming $75,649 Utah $75,538

Iowa $75,491 Kansas $75,112 Louisiana $75,002 North Carolina $74,962 Missouri $74,947 Florida $74,639 Montana $74,473 Nebraska $74,315

Kentucky $74,229 South Carolina $73,913 Tennessee $73,716 Idaho $73,637 New Mexico $73,061 Oklahoma $72,935 Alabama $72,470 South Dakota $71,689

Arkansas $71,263 West Virginia $71,034 Mississippi $70,348

Top Paying Cities for Business Development Representative

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: $73,839
Belen: $73,428
Bernalillo: $73,970

Algodones, NM $73,839

Belen, NM $73,428

Bernalillo, NM $73,970

Bluewater, NM $72,417

Bosque, NM $72,888

Casa Blanca, NM $73,053

Cedar Crest, NM $74,032

Cedarvale, NM $71,129

Cerrillos, NM $73,893

Claunch, NM $70,865

Coyote, NM $72,804

Cuba, NM $72,687

Cubero, NM $73,215

Edgewood, NM $73,701

Estancia, NM $72,822

Gallina, NM $72,423

Counselor, NM $72,468

Grants, NM $72,334

Milan, NM $72,623

Isleta, NM $74,097

Jarales, NM $73,357

Jemez Pueblo, NM $73,484

Jemez Springs, NM $73,258

Laguna, NM $73,573

La Jara, NM $72,606

La Joya, NM $72,438

Lindrith, NM $72,351

Los Lunas, NM $73,817

Mcintosh, NM $73,223

Pueblo Of Acoma, NM $72,735

Moriarty, NM $72,977

Mountainair, NM $72,190

Nageezi, NM $72,372

New Laguna, NM $73,180

Paguate, NM $73,229

Pena Blanca, NM $74,047

Peralta, NM $73,934

Placitas, NM $73,972

Ponderosa, NM $73,391

Prewitt, NM $72,395

Regina, NM $72,445

Sandia Park, NM $73,845

Corrales, NM $74,124

San Fidel, NM $72,785

San Rafael, NM $72,475

Santo Domingo Pueblo, NM $73,846

San Ysidro, NM $73,747

Stanley, NM $72,967

Tijeras, NM $73,855

Tome, NM $73,718

Torreon, NM $73,473

Veguita, NM $72,883

Willard, NM $72,059

Youngsville, NM $72,825

Bosque Farms, NM $74,069

Clines Corners, NM $72,526

Cochiti Pueblo, NM $73,902

Cochiti Lake, NM $73,998

Albuquerque, NM $74,166

Kirtland Afb, NM $74,166

Rio Rancho, NM $74,044

Gallup, NM $72,500

Brimhall, NM $72,295

Church Rock, NM $72,328

Continental Divide, NM $72,277

Crownpoint, NM $72,337

Fence Lake, NM $72,014

Fort Wingate, NM $72,303

Gamerco, NM $72,425

Mentmore, NM $72,313

Mexican Springs, NM $72,304

Ramah, NM $72,171

Rehoboth, NM $72,352

Thoreau, NM $72,356

Tohatchi, NM $72,290

Vanderwagen, NM $72,304

Zuni, NM $72,287

Navajo, NM $72,385

Jamestown, NM $72,205

Pinehill, NM $72,115

Sheep Springs, NM $72,368

Smith Lake, NM $72,638

Yatahey, NM $72,342

Farmington, NM $72,690

Aztec, NM $72,824

Blanco, NM $72,484

Bloomfield, NM $72,398

Flora Vista, NM $72,765

Fruitland, NM $72,309

Kirtland, NM $72,765

La Plata, NM $72,791

Navajo Dam, NM $72,759

Shiprock, NM $72,658

Waterflow, NM $72,621

Newcomb, NM $72,324

Sanostee, NM $72,369

Santa Fe, NM $74,544

Abiquiu, NM $72,505

Alcalde, NM $73,768

Amalia, NM $72,395

Arroyo Hondo, NM $72,293

Arroyo Seco, NM $72,377

Canjilon, NM $72,281

Canones, NM $72,940

Carson, NM $72,570

Cebolla, NM $72,324

Cerro, NM $72,345

Chama, NM $72,641

Chamisal, NM $73,572

Chimayo, NM $74,089

Cordova, NM $73,964

Costilla, NM $72,698

Taos Ski Valley, NM $72,147

Dixon, NM $73,502

Dulce, NM $72,639

El Prado, NM $72,440

El Rito, NM $72,773

Embudo, NM $73,124

Espanola, NM $73,999

Glorieta, NM $74,257

Hernandez, NM $73,311

Ilfeld, NM $73,572

La Madera, NM $72,645

Lamy, NM $73,974

Llano, NM $73,423

Los Alamos, NM $74,149

White Rock, NM $74,289

Medanales, NM $73,393

Ojo Caliente, NM $72,961

Los Ojos, NM $72,463

Pecos, NM $74,026

Penasco, NM $73,150

Petaca, NM $72,214

Questa, NM $72,422

Ranchos De Taos, NM $72,803

Red River, NM $72,215

Ribera, NM $72,679

Rowe, NM $73,641

San Cristobal, NM $72,212

San Jose, NM $73,460

Ohkay Owingeh, NM $73,819

Santa Cruz, NM $74,064

Serafina, NM $72,496

Taos, NM $72,399

Tererro, NM $74,263

Tesuque, NM $74,544

Tierra Amarilla, NM $72,399

Trampas, NM $73,090

Tres Piedras, NM $72,194

Truchas, NM $73,757

Vadito, NM $73,054

Valdez, NM $72,267

Vallecitos, NM $72,210

Velarde, NM $73,391

Villanueva, NM $72,539

Spaceport City, NM $71,060

Las Vegas, NM $71,924

Angel Fire, NM $72,136

Anton Chico, NM $71,799

Buena Vista, NM $72,459

Chacon, NM $72,510

Cimarron, NM $72,023

Cleveland, NM $73,024

Eagle Nest, NM $72,078

Guadalupita, NM $72,399

Holman, NM $72,838

La Loma, NM $71,678

Maxwell, NM $72,048

Miami, NM $71,892

Mills, NM $71,637

Montezuma, NM $73,395

Mora, NM $73,127

Mosquero, NM $71,574

Ocate, NM $71,970

Ojo Feliz, NM $72,160

Rainsville, NM $72,476

Raton, NM $72,229

Rociada, NM $73,432

Roy, NM $71,652

Sapello, NM $72,795

Solano, NM $71,565

Springer, NM $71,861

Ute Park, NM $72,057

Valmora, NM $71,863

Wagon Mound, NM $71,781

Watrous, NM $71,887

Socorro, NM $71,721

Aragon, NM $71,938

Datil, NM $71,641

Lemitar, NM $72,055

Luna, NM $72,066

Magdalena, NM $71,647

Pie Town, NM $71,886

Polvadera, NM $72,228

Quemado, NM $72,035

Reserve, NM $71,906

San Acacia, NM $72,347

San Antonio, NM $71,324

Truth Or Consequences, NM $71,309

Arrey, NM $71,297

Caballo, NM $71,346

Derry, NM $70,983

Elephant Butte, NM $71,495

Garfield, NM $70,778

Hatch, NM $69,643

Monticello, NM $71,305

Rincon, NM $69,243

Salem, NM $70,557

Williamsburg, NM $71,399

Winston, NM $71,357

Las Cruces, NM $68,336

White Sands Missile Range, NM $68,560

Santa Teresa, NM $69,059

Playas, NM $71,639

Animas, NM $71,815

Anthony, NM $69,042

Arenas Valley, NM $71,688

Bayard, NM $71,622

Berino, NM $68,729

Buckhorn, NM $71,696

Santa Clara, NM $71,747

Chamberino, NM $68,801

Cliff, NM $71,613

Columbus, NM $71,420

Deming, NM $71,437

Dona Ana, NM $68,339

Fairacres, NM $68,543

Faywood, NM $71,404

Fort Bayard, NM $71,678

Gila, NM $71,507

Glenwood, NM $71,563

Hachita, NM $71,420

Hanover, NM $71,435

Hillsboro, NM $71,290

Hurley, NM $71,574

La Mesa, NM $69,643

Lordsburg, NM $71,586

Mesilla, NM $68,338

Mesilla Park, NM $68,345

Mesquite, NM $68,403

Mimbres, NM $71,492

Mule Creek, NM $71,686

Organ, NM $68,380

Pinos Altos, NM $71,611

Radium Springs, NM $68,365

Redrock, NM $71,429

Rodeo, NM $71,906

San Miguel, NM $68,377

Silver City, NM $71,612

Sunland Park, NM $68,691

Tyrone, NM $71,824

Vado, NM $68,431

Chaparral, NM $69,294

Clovis, NM $71,475

Cannon Afb, NM $71,317

Broadview, NM $71,267

Causey, NM $71,144

Crossroads, NM $70,976

Dora, NM $71,313

Elida, NM $71,017

Floyd, NM $71,190

Fort Sumner, NM $71,133

Grady, NM $71,335

House, NM $71,278

Kenna, NM $71,018

Lingo, NM $71,140

Melrose, NM $71,290

Milnesand, NM $70,990

Pep, NM $71,087

Portales, NM $71,347

Rogers, NM $71,107

Saint Vrain, NM $71,335

Taiban, NM $71,108

Texico, NM $71,363

Yeso, NM $70,850

Roswell, NM $70,932

Artesia, NM $71,073

Caprock, NM $70,928

Carlsbad, NM $71,119

Dexter, NM $70,983

Eunice, NM $71,182

Hagerman, NM $71,018

Hobbs, NM $71,286

Hope, NM $70,758

Jal, NM $71,099

Lake Arthur, NM $70,901

Lakewood, NM $71,006

Loco Hills, NM $71,137

Loving, NM $71,101

Lovington, NM $71,218

Mcdonald, NM $71,024

Malaga, NM $71,032

Maljamar, NM $70,962

Monument, NM $71,129

Tatum, NM $71,069

Whites City, NM $71,189

Carrizozo, NM $70,596

Alamogordo, NM $70,371

Alto, NM $70,606

Bent, NM $70,385

Capitan, NM $70,442

Cloudcroft, NM $70,377

Corona, NM $70,903

Encino, NM $71,473

Fort Stanton, NM $70,472

Glencoe, NM $70,422

High Rolls Mountain Park, NM $70,363

Holloman Air Force Base, NM $70,363

Hondo, NM $70,487

La Luz, NM $70,363

Lincoln, NM $70,281

Mayhill, NM $70,523

Mescalero, NM $70,395

Nogal, NM $70,697

Orogrande, NM $70,399

Picacho, NM $70,472

Pinon, NM $70,737

Ruidoso, NM $70,741

Ruidoso Downs, NM $70,644

Sacramento, NM $70,427

San Patricio, NM $70,510

Sunspot, NM $70,363

Timberon, NM $70,516

Tinnie, NM $70,431

Tularosa, NM $70,410

Vaughn, NM $71,185

Weed, NM $70,514

Tucumcari, NM $71,538

Amistad, NM $71,446

Bard, NM $71,331

Capulin, NM $72,139

Clayton, NM $71,585

Conchas Dam, NM $71,649

Cuervo, NM $71,305

Des Moines, NM $71,854

Folsom, NM $71,966

Garita, NM $71,512

Gladstone, NM $71,656

Grenville, NM $71,642

Logan, NM $71,536

Mcalister, NM $71,314

Nara Visa, NM $71,366

Newkirk, NM $71,445

Quay, NM $71,486

San Jon, NM $71,409

Santa Rosa, NM $71,486

Sedan, NM $71,511

Trementina, NM $71,508

Business Development Representative Salary by Industry: Top Paying Sectors

For Business Development Representative 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 Pharmaceuticals and Biotechnology sectors offer the strongest compensation, at 25% above the average. In contrast, Business Development Representative positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Business Development Representative as a support function rather than a direct revenue driver.

The top paying industries for a Business Development Representative

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Pharmaceuticals	$91,327	$44.0	25%
Biotechnology	$87,673	$42.0	20%
Financial Services	$87,673	$42.0	20%
Internet	$87,673	$42.0	20%
Energy & Utilities	$84,020	$40.0	15%

Business Development Representative Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Business Development Representative'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.

$66,693

Average $73,061/year

$81,217

$5,558

Average $6,088/month

$6,768

$1,283

Average $1,405/week

$1,562

$32

Average $35/hour

$39

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$81,217	$6,768	$1,562	$39
Average	$73,061	$6,088	$1,405	$35
25th Percentile	$66,693	$5,558	$1,283	$32

Find Your Next Business Development Representative Job

Ready to take the next step in your career? Browse thousands of current Business Development Representative job openings on our job board. Use the search bar below to find your perfect match.

Power Ford | Albuquerque, NM

Service Business Development Representative

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Job Description. Job Description. Job Description. About Power FordPower Ford is a leading automotive dealership in Albuquerque, New Mexico, recognized as ... more

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Job Description. Job Description. For immediate consideration, please connect with me on LinkedIn at. https://www.linkedin.com/in/dpotapenko. and then emai... more

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Job Description. Job Description. Job Summary. We currently have an opportunity for a Manager of Business Development to support a dynamic and growing team... more

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Business Development Representative Salary in New Mexico

Check out Business Development Representative Job Openings in New Mexico

Key Factors That Influence Business Development Representative Salaries

How Experience Level Affects Business Development Representative Salaries?

How Do Business Development Representative Salaries Vary from State to State?

Top Paying Cities for Business Development Representative

Business Development Representative Salary by Industry: Top Paying Sectors

The top paying industries for a Business Development Representative

Business Development Representative Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Find Your Next Business Development Representative Job

For Employees

For Employers

Where Does Our Salary Data Come From?

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Business Development Representative Salary in New Mexico

Check out Business Development Representative Job Openings in New Mexico

Key Factors That Influence Business Development Representative Salaries

How Experience Level Affects Business Development Representative Salaries?

How Do Business Development Representative Salaries Vary from State to State?

Top Paying Cities for Business Development Representative

Business Development Representative Salary by Industry: Top Paying Sectors

The top paying industries for a Business Development Representative

Business Development Representative Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Salaries of jobs related to Business Development Representative

Find Your Next Business Development Representative Job

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