Average Annual Covered Wages by County


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AVERAGE ANNUAL COVERED WAGES1, 2, BY MAJOR INDUSTRIAL SECTOR
NAICS Classification System            
Valencia County 2001 2002 2003 2004 2005 2006
Grand Total2 $22,381 $22,708 $23,185 $23,894 $24,467 $25,382
Total Private 20,368 20,575 21,238 21,652 22,254 23,244
  Ag. For. Fish. & Hunting 20,990 21,399 20,812 23,363 21,700 22,498
  Mining * * * * 49,377 50,890
  Utilities * * 42,769 47,321 48,994 49,488
  Construction 21,892 23,079 24,522 24,988 25,806 27,817
  Manufacturing 27,128 27,481 30,328 30,828 30,528 31,660
  Wholesale Trade 26,074 28,440 31,326 28,786 24,315 27,861
  Retail Trade 19,537 19,695 20,525 21,647 22,690 24,020
  Transportation & Warehousing 27,190 28,497 31,686 31,159 32,314 31,256
  Information 37,342 30,240 28,899 33,426 31,971 33,585
  Finance & Insurance 24,113 26,146 27,268 27,588 28,445 28,839
  Real Estate & Rental & Leasing 13,934 16,879 12,828 14,395 15,939 17,814
  Professional & Technical Services 20,756 22,569 21,906 25,013 28,069 29,543
  Management of Companies & Enterprises * * * * 18,192 24,808
  Administrative & Waste Services 22,008 16,778 20,231 22,147 24,260 24,815
  Educational Services 13,638 12,677 9,830 14,080 * *
  Health Care & Social Assistance 18,753 17,899 16,992 17,391 18,523 19,341
  Arts, Entertainment & Recreation 9,052 9,489 8,875 8,956 6,891 9,849
  Accommodation & Food Services 8,324 8,494 10,048 10,574 9,593 9,945
  Other Services, ex. Public Administration 20,255 19,993 21,718 21,957 22,456 22,902
  Non-Classifiables3 10,641 * * * * 50,811
Total Government 26,341 27,192 27,714 29,243 29,807 30,834
  Federal2 36,267 38,240 38,659 41,399 42,055 41,846
  State2 28,038 29,915 29,783 31,096 31,727 34,838
  Local 24,954 25,233 26,059 27,655 28,225 28,182
*    Withheld to avoid disclosing confidential data.  Data that are not disclosed for individual industries are always
     included in the totals. 
1   Average annual covered wages are calculated by dividing total annual wages by average employment for the year. 
     Calculations based on unrounded numbers.  Data are by location of the employer's establishment and represent
     wages covered by New Mexico unemployment insurance (UI) law and related statutes.  For a complete definition
     of covered employment see the attached definition sheet.
2   Data by industry from 2001 forward are not generally comparable with industry data for prior years posted elsewhere
     on this web site.  Prior to 2001, industry categories are based on the Standard Industrial Classification (SIC) system. 
     This system was replaced  with the North American Industry Classification System (NAICS).  The "Grand Total", along
      with the "State Government" and "Federal Government" sectors are the exceptions.  Data for these three categories
     are comparable from 1990 forward.
3   The unclassified category may include data for other industries that were withheld for reasons of confidentiality.
      
Source: New Mexico Dept. of Workforce Solutions, Economic Research and Analysis Bureau,
Quarterly Census of Employment and Wages.
Table prepared by:  Bureau of Business and Economic Research,
University of New Mexico.

Bureau of Business & Economic Research, UNM / bber@unm.edu
Last Revised: 1/23/08