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SOC 11-3031 · May 2025 · BLS OEWS

Financial ManagersFarmington

Farmington, NM · 3 metro areas compared

$125,990 /year
$60.57per hour
90jobs in area
24.4%vs US median

Median pay for this occupation in Farmington, NM is $125,990 a year, trailing the national median of $166,570 by 24.4%.

Wage distribution · annual

Shaded band holds the middle 50% of earners

US MEDIAN $166,57010TH$80,01025TH$103,750MEDIAN$125,99075TH$155,26090TH$195,070

Salary overview

Median pay for this occupation in Farmington, NM is $125,990 a year, trailing the national median of $166,570 by 24.4%. The middle half of workers in this occupation earn between $103,750 and $155,260. The lowest tenth earn under $80,010, while the highest tenth earn more than $195,070.

The area has 90 jobs in this occupation, which works out to 1.9 of every thousand jobs. Within the state, Albuquerque records the highest median at $140,110. Of the 205 occupations with published wages in this area, it sits 6th.

Percentile breakdown

Annual wages by percentile · Farmington, NM · May 2025
PercentileAnnualvs US median
10th$80,010−52.0%
25th$103,750−37.7%
Median (50th)$125,990−24.4%
75th$155,260−6.8%
90th$195,070+17.1%
Mean$136,650−18.0%

Other metro areas in New Mexico

Median annual wage for Financial Managers, by metro area
#Metro areaMedianJobsRelative
1Albuquerque$140,1101,430
2Santa Fe$126,380300
3Las Cruces$117,540160

What the pay is worth locally

Prices in Farmington run 7.8% below the national average, so the median of $125,990 goes as far as $136,649 would elsewhere in the country. Measured that way it compares to the national median at 18.0% below the national median in real terms.

Published median

$125,990as reported by BLS

Local price level

92.2US average = 100 · BEA 2024

Adjusted for local prices

$136,649US average = 100 · BEA 2024

Key takeaways

  • Median pay is $125,990 a year, 24.4% below the national median.
  • Published pay spans $80,010 to $195,070 between the tenth and ninetieth percentiles.
  • The area has 90 jobs in this occupation.
  • The highest-paying metro area covered is Albuquerque, at $140,110.

Frequently asked questions

What is the median wage for Financial Managers in Farmington, NM?

The median annual wage is $125,990, or $60.57 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.

Is that higher than the national average?

The national median for this occupation is $166,570, so pay in Farmington, NM is 24.4% lower. These figures are medians, not averages: half of workers fall on each side.

What do the top earners make?

The top tenth of this occupation in Farmington, NM earns more than $195,070 per year. The ninetieth percentile is the highest figure the survey publishes.

What is the starting range?

The tenth percentile wage is $80,010 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.

Which area nearby pays the most?

The highest median for this occupation among the metro areas covered is in Albuquerque, at $140,110 per year.

How many jobs are there in this occupation here?

The survey estimates 90 jobs in this occupation in Farmington, NM. Self-employed workers are not included.

Source and methodology

U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.

Financial Managers Salary in Farmington, NM (2025): $125,990 Median | Salary Explorer