Average Healthcare Practitioners and Technical Occupations Salary in Farmington, NM
Healthcare Practitioners and Technical Occupations in Farmington, NM, earn an impressive average annual salary of $116,460. This figure notably surpasses the national average of $105,800, suggesting that local demand or specific regional economic factors are driving higher compensation in this sector. The unique healthcare landscape and workforce needs within Farmington contribute to this favorable pay scale.
Executive Summary
- Average Salary: $116,460 per year.
- Growth Trend: Salaries have shifted 25.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $174,690.
- Outlook: With a local workforce of 2,480 individuals in Healthcare Practitioners and Technical Occupations, Farmington, NM, demonstrates a solid presence in this vital sector. The location quotient of 0.87 indicates a concentration slightly below the national average, suggesting that while the field is established, there may be room for growth and increased demand for specialized roles.
Salary Overview
The average Healthcare Practitioners and Technical Occupations in Farmington, NM earns+10.1%above the national average.
$56
$2,240
$9,705
Healthcare Practitioners and Technical Occupations Salary Trends (2020-2024)
While specific historical data for Farmington's healthcare sector isn't provided, it's reasonable to assume a general upward trend in salaries over the past four years, mirroring national patterns. Economic recovery, increased healthcare needs, and inflation typically contribute to salary growth across most professional fields, including healthcare.
Healthcare Practitioners and Technical Occupations Salary Distribution in Farmington, NM
Salaries for Healthcare Practitioners and Technical Occupations in Farmington, NM, naturally scale with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to earn significantly more. The percentile gaps between junior and senior roles highlight clear career progression pathways and the increasing value placed on expertise within the local market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $38,320 | $18.4 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $87,345 | $42 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $80,390 | $38.6 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $145,575 | $70 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $174,690 | $84 |
Detailed Healthcare Practitioners and Technical Occupations Market Analysis
Relocation Context
Nominal Salary
$116,460
Gross Pay
Real Wage (Purchasing Power)
$116,460
Adjusted for COL (100)
The average annual salary of $116,460 in Farmington, NM, is particularly attractive when considered against the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of the average salary in Farmington is equivalent to the national average, allowing healthcare professionals to maintain a comparable standard of living without financial penalty.
Job Market Context
2,480
Total Jobs
53.922
Per 1K Jobs
0.87
Location Quotient
Farmington, NM has 0.87x the national average concentration of Healthcare Practitioners and Technical Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
Farmington, NM, exhibits a location quotient of 0.87 for Healthcare Practitioners and Technical Occupations, indicating a slightly lower concentration of these roles compared to the national average. This suggests a moderately competitive market where demand might be steady but not overwhelmingly saturated, potentially offering good opportunities for skilled professionals entering the area.
Nearby Job Markets
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Frequently Asked Questions
How much does a Healthcare Practitioners and Technical Occupations make in Farmington, NM?
The median annual salary for a Healthcare Practitioners and Technical Occupations in Farmington, NM is $116,460. This typically ranges from $38,320 for entry-level positions to $174,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Farmington, NM is 10.1% higher than the national median of $105,800.
Is Farmington, NM a lucrative place for Healthcare Practitioners and Technical Occupationss?
Yes, Farmington, NM offers a lucrative environment for these professionals.The average salary of $116,460 significantly exceeds the national average, and with a cost of living at the national average, the real value of this income is substantial.
Is Farmington, NM a good place to live for Healthcare Practitioners and Technical Occupations?
The Cost of Living Index in Farmington, NM is 100. While higher than average, this often correlates with higher wages.
How does the Farmington, NM salary compare to the national average for this role?
Healthcare Practitioners and Technical Occupations in Farmington, NM, earn an average of $116,460 annually, which is higher than the national average of $105,800.
What is the cost of living in Farmington, NM, relative to the national average?
Farmington, NM, has a Cost of Living Index of 100, meaning it is exactly at the national average for cost of living.
How concentrated are Healthcare Practitioner jobs in Farmington, NM?
The location quotient of 0.87 suggests that Healthcare Practitioner jobs are slightly less concentrated in Farmington, NM, compared to the national average.
What does the total local workforce size indicate for this sector in Farmington, NM?
A total local workforce of 2,480 indicates a substantial presence of Healthcare Practitioners and Technical Occupations in Farmington, NM, contributing significantly to the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,480 employees in the Farmington, NM area with a job density of 53.922 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Healthcare Practitioners and Technical Occupations • Data source: BLS OEWS 2024 •Jobs in Farmington, NM