Average Installation, Maintenance, and Repair Occupations Salary in Farmington, NM
In Farmington, NM, professionals in Installation, Maintenance, and Repair Occupations earn an average annual salary of $55,430. This figure is notably below the national average of $61,410, suggesting that local market dynamics and potentially regional demand influence compensation for these essential roles. The specific economic landscape of Farmington plays a crucial role in shaping these salary expectations.
Executive Summary
- Average Salary: $55,430 per year.
- Growth Trend: Salaries have shifted 0.9% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $87,190.
- Outlook: Farmington, NM supports a robust local workforce of 2,750 individuals within Installation, Maintenance, and Repair Occupations. The location quotient of 1.52 indicates a significant concentration of these roles compared to the national average, signaling a strong local demand and a specialized job market. This concentration suggests that the industry is a key component of the local economy, offering a stable environment for skilled trades.
Salary Overview
The average Installation, Maintenance, and Repair Occupations in Farmington, NM earns-9.7%below the national average.
$26.7
$1,066
$4,619
Installation, Maintenance, and Repair Occupations Salary Trends (2020-2024)
While specific historical data for Farmington is not provided, it is reasonable to assume that salaries for Installation, Maintenance, and Repair Occupations have experienced gradual growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for skilled labor, and evolving industry standards likely contribute to a positive trajectory in compensation, even if local averages may fluctuate.
Installation, Maintenance, and Repair Occupations Salary Distribution in Farmington, NM
Career progression within Installation, Maintenance, and Repair Occupations in Farmington, NM, typically involves a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the typical salary range can expand considerably, with experienced technicians and specialized repair professionals commanding higher earnings. These percentile gaps underscore the value of accumulated expertise and specialized certifications in advancing one's career and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $30,170 | $14.5 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $41,573 | $20 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $49,570 | $23.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $69,288 | $33.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $87,190 | $41.9 |
Detailed Installation, Maintenance, and Repair Occupations Market Analysis
Relocation Context
Nominal Salary
$55,430
Gross Pay
Real Wage (Purchasing Power)
$55,430
Adjusted for COL (100)
The nominal average annual salary of $55,430 in Farmington, NM, aligns precisely with the national average cost of living index of 100. This means that, on average, the purchasing power of a salary in Farmington is equivalent to the national average. While the salary is lower than the national average for the occupation, the neutral cost of living suggests that the take-home pay may offer comparable lifestyle benefits to other regions.
Job Market Context
2,750
Total Jobs
59.673
Per 1K Jobs
1.52
Location Quotient
Farmington, NM has 1.5x the national concentration of Installation, Maintenance, and Repair Occupations jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a location quotient of 1.52, Farmington, NM, demonstrates a higher concentration of Installation, Maintenance, and Repair Occupations compared to the national average. This indicates a specialized and potentially competitive market where these skills are in demand. While the job market is not oversaturated, the elevated quotient suggests that employers may actively seek out skilled professionals in this field, potentially leading to more opportunities for qualified individuals.
Nearby Job Markets
Hiring Installation, Maintenance, and Repair Occupationss?
Frequently Asked Questions
How much does a Installation, Maintenance, and Repair Occupations make in Farmington, NM?
The median annual salary for a Installation, Maintenance, and Repair Occupations in Farmington, NM is $55,430. This typically ranges from $30,170 for entry-level positions to $87,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Farmington, NM is 9.7% lower than the national median of $61,410.
Is Farmington, NM a lucrative place for Installation, Maintenance, and Repair Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $55,430 is below the national average, though the cost of living is also at the national average, making the purchasing power comparable.
Is Farmington, NM a good place to live for Installation, Maintenance, and Repair Occupations?
The Cost of Living Index in Farmington, NM is 100. While higher than average, this often correlates with higher wages.
How does the local workforce size impact job opportunities?
A local workforce of 2,750 indicates a substantial presence of these occupations, suggesting a healthy job market with ongoing demand for skilled professionals in Farmington, NM.
What does a Location Quotient of 1.52 mean for this industry in Farmington?
A Location Quotient of 1.52 signifies that Installation, Maintenance, and Repair Occupations are 52% more concentrated in Farmington, NM, than the national average, highlighting a strong local industry presence.
How does the cost of living affect the $55,430 salary?
With a Cost of Living Index of 100, the $55,430 salary in Farmington has the same purchasing power as the national average, meaning it is neither significantly high nor low in real terms.
Are there many jobs per 1,000 workers in this field in Farmington?
With 59.673 jobs per 1,000 workers, Farmington, NM, shows a strong representation of Installation, Maintenance, and Repair Occupations within its overall employment landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,750 employees in the Farmington, NM area with a job density of 59.673 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Installation, Maintenance, and Repair Occupations • Data source: BLS OEWS 2024 •Jobs in Farmington, NM