Average Cashiers Salary in Farmington, NM
Cashiers in Farmington, NM earn an average annual salary of $29,440, which is slightly below the national average of $31,730. This localized pay disparity can often be attributed to regional economic factors and the specific demand within the Farmington area for this role. Understanding these local nuances is key to evaluating compensation.
Executive Summary
- Average Salary: $29,440 per year.
- Growth Trend: Salaries have shifted 27.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $34,990.
- Outlook: Farmington, NM supports a robust local workforce of 1,210 Cashiers, indicated by a Location Quotient of 1.29. This suggests a higher concentration of these roles compared to the national average, implying a stable and potentially growing demand for individuals in this profession within the region.
Salary Overview
The average Cashiers in Farmington, NM earns-7.2%below the national average.
$14.2
$566
$2,453
Cashiers Salary Trends (2020-2024)
While specific historical data for Farmington, NM is not provided, it's reasonable to assume that, similar to national trends, salaries for Cashiers in this area have experienced gradual growth over the past four years. This growth is typically driven by inflation, increased minimum wage laws, and evolving market demands for retail services.
Cashiers Salary Distribution in Farmington, NM
The salary progression for Cashiers in Farmington, NM, like elsewhere, is typically tied to experience. Entry-level positions may start at the lower end of the pay scale, while senior Cashiers with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in pay often reflect this career advancement and the value placed on seasoned professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $26,220 | $12.6 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $22,080 | $10.6 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $28,460 | $13.7 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $36,800 | $17.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $34,990 | $16.8 |
Detailed Cashiers Market Analysis
Relocation Context
Nominal Salary
$29,440
Gross Pay
Real Wage (Purchasing Power)
$29,440
Adjusted for COL (100)
With an average annual salary of $29,440 and a Cost of Living Index of 100 (matching the national average), the nominal income for Cashiers in Farmington, NM, aligns directly with the national cost of living. This means that the purchasing power of a Farmington-based Cashier's salary is comparable to that of a Cashier earning the national average in a similarly priced area.
Job Market Context
1,210
Total Jobs
26.255
Per 1K Jobs
1.29
Location Quotient
With a location quotient of 1.29, Farmington, NM has a slightly higher-than-average concentration of Cashiers roles compared to the national norm.
Farmington, NM exhibits a notable concentration of Cashier positions, as evidenced by a Location Quotient of 1.29. This figure, exceeding the national benchmark of 1.0, indicates that the job market for Cashiers in Farmington is more developed or in higher demand relative to other occupations when compared to the nation as a whole, suggesting a competitive but accessible market.
Nearby Job Markets
Hiring Cashierss?
Frequently Asked Questions
How much does a Cashiers make in Farmington, NM?
The median annual salary for a Cashiers in Farmington, NM is $29,440. This typically ranges from $26,220 for entry-level positions to $34,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Farmington, NM is 7.2% lower than the national median of $31,730.
Is Farmington, NM a lucrative place for Cashiers?
No, not particularly lucrative.While the cost of living is average, the average salary for Cashiers in Farmington, NM ($29,440) falls below the national average ($31,730), indicating less lucrative compensation compared to national standards.
Is Farmington, NM a good place to live for Cashiers?
The Cost of Living Index in Farmington, NM is 100. While higher than average, this often correlates with higher wages.
How does Farmington's cost of living compare nationally?
Farmington, NM has a Cost of Living Index of 100, which is exactly the national average. This means the general cost of goods and services is neither significantly higher nor lower than the typical U.S. city.
What is the concentration of Cashier jobs in Farmington, NM?
The concentration of Cashier jobs in Farmington, NM is 1.29 times the national average, suggesting a relatively higher presence and demand for these roles within the local job market compared to other professions.
How many Cashier jobs are there per 1,000 workers in Farmington, NM?
There are approximately 26.26 Cashier jobs for every 1,000 workers in Farmington, NM, reflecting the local employment landscape for this retail position.
Does experience significantly impact a Cashier's salary in Farmington, NM?
Yes, experience typically leads to higher salaries for Cashiers in Farmington, NM, with senior roles commanding more pay than entry-level positions, reflecting a standard career progression.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,210 employees in the Farmington, NM area with a job density of 26.255 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Cashiers • Data source: BLS OEWS 2024 •Jobs in Farmington, NM