How much does an Electric Contractor make in New Mexico? As of August 01, 2026, the average salary for an Electric Contractor in New Mexico is $61,020 per year, which breaks down to an hourly rate of $29.

However, an Electric Contractor's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $73,690
  • Majority Range (25th-75th percentile): $54,960 to $67,652
  • Entry-Level (10th percentile): $49,443

Key Factors That Influence Electric Contractor Salaries

An Electric Contractor'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 Electric Contractor Salaries?

Experience is a primary driver of an Electric Contractor'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): $51,257
  • Early Career (1-2 years): $59,638
  • Mid-Level (2-4 years): $65,746
  • Senior-Level (5-8 years): $76,941
  • Expert (over 8 years): $77,454
Job RoleYears of ExperienceAverage Salary
Electrician I less than 1 year $51,257
Electric Contractor 1-2 years $59,638
Electrician III 2-4 years $65,746
Electrician IV 5-8 years $76,941
Electrical Maintenance Supervisor over 8 years $77,454

Top Paying Cities for Electric Contractor

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: $61,669
  • Belen: $61,326
  • Bernalillo: $61,779

Electric Contractor Salary by Industry: Top Paying Sectors

For Electric Contractor roles, the industry you choose can affect earning potential by as much as 35% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Energy & Utilities sectors offer the strongest compensation, at 20% above the average. In contrast, Electric Contractor positions in MFG Nondurable or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Electric Contractor as a support function rather than a direct revenue driver.

The top paying industries for an Electric Contractor

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Software & Networking $73,224 $35.0 20%
Energy & Utilities $70,173 $34.0 15%
Biotechnology $67,122 $32.0 10%
Insurance $67,122 $32.0 10%
Internet $67,122 $32.0 10%

Electric Contractor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Electric Contractor'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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2026
$54,960
Average $61,020/year
$67,652
$4,580
Average $5,085/month
$5,638
$1,057
Average $1,173/week
$1,301
$26
Average $29/hour
$33
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $67,652 $5,638 $1,301 $33
Average $61,020 $5,085 $1,173 $29
25th Percentile $54,960 $4,580 $1,057 $26

Find Your Next Electric Contractor Job

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

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    Supplemental Health Care | BETHESDA, MD

    Job Description. Supplemental Health Care is partnering with a Federal Hospital in Bethesda, Maryland to hire local Surgical Technologists. With over 40 ye... more

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  • Coakley & Williams Construction Inc. | BETHESDA, MD

    Coakley & Williams Construction Inc. | BETHESDA, MD

    Senior Superintendent, General Contractor Coakley & Williams Construction is hiring a Senior Superintendent to lead on-site operations for our multi-family... more

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