Average Medical Assistants Salary in Farmington, NM
Medical Assistants in Farmington, NM, earn an average annual salary of $38,740. This figure is notably below the national average of $44,590, suggesting that local market dynamics and potentially a lower cost of living influence compensation in this region. Understanding these local pay scales is crucial for both employers and job seekers navigating the Farmington healthcare landscape.
Executive Summary
- Average Salary: $38,740 per year.
- Growth Trend: Salaries have shifted 17.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $45,490.
- Outlook: With a local workforce of 380 Medical Assistants, Farmington, NM, demonstrates a moderate concentration of these professionals. The Location Quotient of 1.59 indicates a higher-than-average presence of Medical Assistants relative to the national distribution, suggesting a stable demand for their services within the community's healthcare sector.
Salary Overview
The average Medical Assistants in Farmington, NM earns-13.1%below the national average.
$18.6
$745
$3,228
Medical Assistants Salary Trends (2020-2024)
While specific historical data for Farmington is not provided, Medical Assistant salaries nationally have generally seen consistent growth over the past four years, driven by increasing healthcare demands and the expanding role of support staff. It is reasonable to assume that Farmington has mirrored this trend to some extent, with potential for salary increases aligning with inflation and local economic conditions.
Medical Assistants Salary Distribution in Farmington, NM
Salary progression for Medical Assistants in Farmington, NM, typically correlates with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, often reaching into the upper percentiles. These percentile gaps highlight clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $30,460 | $14.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $29,055 | $14 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $36,360 | $17.5 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $48,425 | $23.3 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $45,490 | $21.9 |
Detailed Medical Assistants Market Analysis
Relocation Context
Nominal Salary
$38,740
Gross Pay
Real Wage (Purchasing Power)
$38,740
Adjusted for COL (100)
The average annual salary of $38,740 in Farmington, NM, aligns precisely with the national average cost of living, indicated by an index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is comparable to the national average, offering a balanced financial outlook for residents.
Job Market Context
380
Total Jobs
8.204
Per 1K Jobs
1.59
Location Quotient
Farmington, NM has 1.6x the national concentration of Medical Assistants jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
Farmington, NM, exhibits a notable concentration of Medical Assistants, as evidenced by a Location Quotient of 1.59. This suggests that the job market for Medical Assistants in this area is more robust or specialized compared to the national average, potentially indicating a competitive environment for hiring but also a strong availability of roles for qualified professionals.
Nearby Job Markets
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Frequently Asked Questions
How much does a Medical Assistants make in Farmington, NM?
The median annual salary for a Medical Assistants in Farmington, NM is $38,740. This typically ranges from $30,460 for entry-level positions to $45,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Farmington, NM is 13.1% lower than the national median of $44,590.
Is Farmington, NM a lucrative place for Medical Assistants?
No, not significantly more lucrative than the national average.While the concentration of Medical Assistants is higher than the national average, the average salary of $38,740 is below the national average of $44,590. However, the cost of living is also at the national average, making the purchasing power comparable.
Is Farmington, NM a good place to live for Medical Assistants?
The Cost of Living Index in Farmington, NM is 100. While higher than average, this often correlates with higher wages.
How does the Farmington Medical Assistant salary compare to the national average?
The average annual salary for Medical Assistants in Farmington, NM, is $38,740, which is lower than the national average of $44,590.
What is the significance of the Location Quotient (LQ) in Farmington, NM?
An LQ of 1.59 means that Medical Assistants are 59% more concentrated in Farmington, NM, than the national average, indicating a potentially stronger local demand or a specialized healthcare focus in the area.
How does the cost of living in Farmington, NM, affect salary perception?
With a Cost of Living Index of 100, Farmington's cost of living is exactly average. Therefore, the lower nominal salary of $38,740 has a purchasing power equivalent to the national average, despite being numerically lower.
What is the total number of Medical Assistants in Farmington, NM?
There are approximately 380 Medical Assistants employed in Farmington, NM, contributing to the local healthcare workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Farmington, NM area with a job density of 8.204 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Medical Assistants • Data source: BLS OEWS 2024 •Jobs in Farmington, NM