The New Mexico Institute of Mining and Technology is a school located in Socorro, N.M. with around 2,000 undergraduates. Alumni report earning excellent value for their tuition dollars; the school ranks in the top 7 percent of universities by return on investment. Figures cited in this summary are based on graduates' replies to PayScale's salary questionnaire.

College ROI Report

38th

20 Year Net ROI 

$692,000

Annual ROI 

12.1 %

Total 4 Year Cost 

$79,100

Compare to Other Schools

College Salary Report

56th

Early Career Salary 

$62,500

Mid-Career Salary 

$121,500

% High Meaning 

62 %

Compare to Other 4-Year Schools

New Mexico Institute of Mining and Technology (New Mexico Tech) Median Salary by Job

MinMax

$65,803
$52K$92K

$87,000
$66K$148K

$57,179
$55K$88K

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United States (change)

$80,000
$50K$132K

Civil Engineer
5 profiles
$63,380
$55K$66K

$67,450
$0$67K

$86,000
$0$86K

  Precise  
  Estimated  
See all degrees for New Mexico Institute of Mining and Technology (New Mexico Tech) »
  • Currency: USD
  • Updated: 18 May 2019
  • Individuals Reporting: 251
  • View Table

About This School

801 Leroy Place
Socorro, NM 87801

1,755

Engineering, State School

49 %

88 %

46 %

29 %

Industry

New Mexico Tech alumni find work in an assortment of industries including the engineering services industry, the software development industry, and the consulting industry. The most popular professional field seems to be the aerospace and defense industry. Students of New Mexico Tech go on to make comfortable salaries after graduation, a trend consistent with the above-average SAT scores reported by this group. Former New Mexico Tech graduates bring in $75K on average.

Jobs

Former New Mexico Tech students with an interest in making money consider becoming Senior Software Engineers, the highest-paying gig (average earnings amount to about $120K) among this alumni group. Other well-paid jobs include Petroleum Engineers ($104K) and Software Engineers ($77K). Hydrogeologists face rather mediocre compensation — average salaries are actually the lowest at around $64K.

Locations

Home to a large number of New Mexico Tech alums, Albuquerque, N.M. is by far the most attractive city for these former students. With a median salary of $139K, Seattle, Wash. represents the highest-paid city popular among New Mexico Tech grads. Relative to other popular cities, Socorro ranks low on the pay scale (average pay is approximately $58K); however, New Mexico Institute of Mining and Technology grads enjoy the area so much that they often choose to reside here after graduation despite the drawback in salary. Denver, Colo. and Los Alamos, N.M. are also desirable cities.

Degree Major

A Bachelor of Science in Environmental Engineering earns New Mexico Tech students the most money after college (an average $143K per year). Graduates holding a Master of Public Administration (MPA) fare the worst in terms of compensation with an average yearly salary of around $50K.

Skills

Engineering Design is a popular skill among New Mexico Tech alumni, with about a fourth of grads reporting using it on the job. Knowledge of Linux seems to be related to bigger paychecks; in fact, skilled alumni bring in salaries that are 34 percent more than their former classmates' salaries ($101K). Project Management, Microsoft Office, and Matlab are among other dominant skills.

Benefits and Perks

When it comes to benefits, there is room for improvement — only one-third of alumni are paid for vacation and just one-fifth of alumni for sick time. Health coverage is awarded to almost all alumni, and dental insurance is issued to a large number of alumni as well. Almost all former students opt for a 401(k) to save for retirement. New Mexico Institute of Mining and Technology graduates also take advantage of a casual working environment, life insurance, a company-subsidized cell phone, and flexible hours.

Related Schools

Median pay for Southwestern Oklahoma State University grads is about $66K, making their salaries most similar to those of New Mexico Tech grads. Other schools similar to New Mexico Tech include Western New Mexico University, Northern Arizona University, and University of Texas at El Paso.

New Mexico Institute of Mining and Technology (New Mexico Tech) Job Listings

Test Scores

Academics 25th Percentile 75th Percentile
SAT Scores*
* SAT writing score is not included.
1090 1330
ACT Scores 23 29

Key Stats for New Mexico Institute of Mining and Technology (New Mexico Tech)

Gender

Female
23 %
Male
77 %
Salary
$42,449 - $100,653
Salary
$52,654 - $112,611

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 79 votes.
Less than 1 year
11%
1-4 years
31%
5-9 years
23%
10-19 years
24%
20 years or more
12%
$50,694 - $99,661
$41,561 - $98,513
$96,907 - $137,193
$48,612 - $70,945

More Charts for New Mexico Institute of Mining and Technology (New Mexico Tech)

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