Average General and Operations Managers Salary in Farmington, NM
General and Operations Managers in Farmington, NM, can expect an average annual salary of $118,200. This figure is notably below the national average of $132,920, suggesting that local economic factors and industry demand play a significant role in compensation within this specific New Mexico locale.
Executive Summary
- Average Salary: $118,200 per year.
- Growth Trend: Salaries have shifted 15.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $184,110.
- Outlook: With a local workforce of 900 General and Operations Managers, Farmington, NM, presents a stable, albeit not exceptionally concentrated, job market for these professionals. The Location Quotient of 0.85 indicates a presence that is slightly below the national average concentration, suggesting a moderate level of demand and opportunity within the region.
Salary Overview
The average General and Operations Managers in Farmington, NM earns-11.1%below the national average.
$56.8
$2,273
$9,850
General and Operations Managers Salary Trends (2020-2024)
While specific historical data for Farmington, NM, is not provided, it is generally assumed that salaries for General and Operations Managers have experienced consistent growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for skilled management, and evolving business landscapes.
General and Operations Managers Salary Distribution in Farmington, NM
Salary progression for General and Operations Managers in Farmington, NM, is strongly tied to experience. Entry-level positions typically fall into the lower percentiles, while senior roles with extensive leadership experience command salaries in the higher percentiles. The widening gap between entry-level and senior salaries signifies clear career advancement opportunities and the value placed on seasoned management expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,800 | $22 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $88,650 | $42.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $100,750 | $48.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $147,750 | $71 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $184,110 | $88.5 |
Detailed General and Operations Managers Market Analysis
Relocation Context
Nominal Salary
$118,200
Gross Pay
Real Wage (Purchasing Power)
$118,200
Adjusted for COL (100)
The average annual salary of $118,200 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 a manager's salary in Farmington is equivalent to the national average, offering a stable financial standing relative to the rest of the country.
Job Market Context
900
Total Jobs
19.652
Per 1K Jobs
0.85
Location Quotient
Farmington, NM has 0.85x the national average concentration of General and Operations Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
Farmington, NM's Location Quotient of 0.85 for General and Operations Managers suggests that the concentration of these roles is slightly lower than the national average. This indicates a market that is neither oversaturated nor exceptionally scarce, implying a balanced competitive environment for job seekers and employers alike.
Nearby Job Markets
Hiring General and Operations Managerss?
Frequently Asked Questions
How much does a General and Operations Managers make in Farmington, NM?
The median annual salary for a General and Operations Managers in Farmington, NM is $118,200. This typically ranges from $45,800 for entry-level positions to $184,110 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Farmington, NM is 11.1% lower than the national median of $132,920.
Is Farmington, NM a lucrative place for General and Operations Managers?
No, not exceptionally lucrative compared to the national average.While the average salary of $118,200 is substantial, it falls below the national average of $132,920. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is Farmington, NM a good place to live for General and Operations Managers?
The Cost of Living Index in Farmington, NM is 100. While higher than average, this often correlates with higher wages.
What is the average salary for General and Operations Managers in Farmington, NM?
The average annual salary for General and Operations Managers in Farmington, NM, is $118,200.
How does Farmington, NM's salary compare to the national average?
The average salary in Farmington, NM ($118,200) is lower than the national average of $132,920.
What is the Cost of Living Index in Farmington, NM?
Farmington, NM has a Cost of Living Index of 100, which is equivalent to the national average.
How concentrated are General and Operations Manager jobs in Farmington, NM?
The Location Quotient of 0.85 indicates that General and Operations Manager jobs are slightly less concentrated in Farmington, NM, compared to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 900 employees in the Farmington, NM area with a job density of 19.652 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for General and Operations Managers • Data source: BLS OEWS 2024 •Jobs in Farmington, NM