SalaryNode

Average Pharmacists Salary in Farmington, NM

The average salary for a Pharmacists in Farmington, NM is $137,840. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $137,840 per year.
  • Growth Trend: Salaries have shifted 11.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $165,410.
  • Outlook: The current demand for Pharmacistss is stable, with a local workforce of approximately 90 professionals. This role remains a specialized component of the broader Farmington, NM economy.
2024 Market Data

Salary Overview

$137,840

The average Pharmacists in Farmington, NM earns+1.2%above the national average.

BreakdownBased on 40h/week
Hourly

$66.3

Weekly

$2,651

Monthly

$11,487

Pharmacists Salary Distribution in Farmington, NM

The earning potential for Pharmacistss in Farmington, NM varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $111,590, while highly experienced professionals can command wages upwards of $165,410.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$111,590$53.6
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$103,380$49.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$140,520$67.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$172,300$82.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$165,410$79.5

Detailed Pharmacists Market Analysis

Relocation Context

Nominal Salary

$137,840

Gross Pay

Real Wage (Purchasing Power)

$137,840

Adjusted for COL (100)

In Farmington, NM, the Cost of Living Index is 100. This increases your effective purchasing power from $137,840 to $137,840.

Job Market Context

90

Total Jobs

1.888

Per 1K Jobs

0.89

Location Quotient

Below Average

Farmington, NM has 0.89x the national average concentration of Pharmacists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

90 people work as Pharmacists in Farmington, NM.

1.888 out of every 1,000 local jobs are Pharmacists positions — a typical concentration.

Nearby Job Markets

Hiring Pharmacistss?

Frequently Asked Questions

How much does a Pharmacists make in Farmington, NM?

The median annual salary for a Pharmacists in Farmington, NM is $137,840. This typically ranges from $111,590 for entry-level positions to $165,410 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Farmington, NM is 1.2% higher than the national median of $136,140.

Is Farmington, NM a good place for Pharmacistss?

Yes, Farmington, NM is financially attractive for Pharmacistss. The average salary of $137,840 exceeds the national average. See distinct detailed breakdown below.

Is Farmington, NM a good place to live for Pharmacists?

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

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 90 employees in the Farmington, NM area with a job density of 1.888 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Pharmacists • Data source: BLS OEWS 2024 •Jobs in Farmington, NM