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Average Educational Instruction and Library Occupations Salary in Farmington, NM

In Farmington, NM, professionals in Educational Instruction and Library Occupations earn an average annual salary of $56,730. This figure is slightly below the national average of $61,040, a common occurrence in areas with a lower cost of living. Local economic factors and demand within the region contribute to this specific compensation landscape.

Executive Summary

  • Average Salary: $56,730 per year.
  • Growth Trend: Salaries have shifted 5.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $79,010.
  • Outlook: Farmington, NM supports a substantial workforce of 3,270 individuals in Educational Instruction and Library Occupations. The location quotient of 1.22 indicates a concentration of these roles that is 22% higher than the national average, suggesting a robust and relatively stable job market for educators and librarians within the area.
2024 Market Data

Salary Overview

$56,730

The average Educational Instruction and Library Occupations in Farmington, NM earns-7.1%below the national average.

BreakdownBased on 40h/week
Hourly

$27.3

Weekly

$1,091

Monthly

$4,728

Educational Instruction and Library Occupations Salary Distribution in Farmington, NM

Career progression within Educational Instruction and Library Occupations in Farmington, NM, typically sees significant salary increases with experience. Entry-level positions may start closer to the lower percentiles, while senior roles and specialized positions command salaries in the higher percentiles, reflecting a clear path for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$29,530$14.2
Tenured / ProProfessional status. Curriculum development.25% (Junior)$42,548$20.5
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$58,820$28.3
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$70,913$34.1
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$79,010$38

Detailed Educational Instruction and Library Occupations Market Analysis

Relocation Context

Nominal Salary

$56,730

Gross Pay

Real Wage (Purchasing Power)

$56,730

Adjusted for COL (100)

The average annual salary of $56,730 in Farmington, NM aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an educator's salary in Farmington is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

3,270

Total Jobs

70.984

Per 1K Jobs

1.22

Location Quotient

Above Average

With a location quotient of 1.22, Farmington, NM has a slightly higher-than-average concentration of Educational Instruction and Library Occupations roles compared to the national norm.

With a location quotient of 1.22, Farmington, NM demonstrates a higher concentration of Educational Instruction and Library Occupations compared to the national average. This suggests that the job market in this sector is more established and potentially more competitive, with a greater demand for specialized skills relative to the overall workforce.

Nearby Job Markets

Hiring Educational Instruction and Library Occupationss?

Frequently Asked Questions

How much does a Educational Instruction and Library Occupations make in Farmington, NM?

The median annual salary for a Educational Instruction and Library Occupations in Farmington, NM is $56,730. This typically ranges from $29,530 for entry-level positions to $79,010 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Farmington, NM is 7.1% lower than the national median of $61,040.

Is Farmington, NM a lucrative place for Educational Instruction and Library Occupationss?

Moderately so, with stable purchasing power.While the average salary of $56,730 is below the national average, the cost of living in Farmington, NM is also at the national average, meaning your earnings hold comparable purchasing power.

Is Farmington, NM a good place to live for Educational Instruction and Library Occupations?

The Cost of Living Index in Farmington, NM is 100. While higher than average, this often correlates with higher wages.

How does Farmington's average salary compare to the national average?

The average annual salary for Educational Instruction and Library Occupations in Farmington, NM is $56,730, which is slightly lower than the national average of $61,040.

What is the concentration of education and library jobs in Farmington, NM?

Farmington, NM has a location quotient of 1.22 for these occupations, indicating a concentration that is 22% higher than the national average.

How does the cost of living affect salaries in Farmington, NM?

The cost of living in Farmington, NM is at the national average (100), meaning the $56,730 salary offers purchasing power equivalent to the national average.

What does the job market look like for educators in Farmington, NM?

The job market is relatively strong, with a higher-than-average concentration of these roles and a local workforce of 3,270 professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,270 employees in the Farmington, NM area with a job density of 70.984 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Educational Instruction and Library Occupations • Data source: BLS OEWS 2024 •Jobs in Farmington, NM