The population of Farmington, NM was estimated to be 47,000 in 2022. The median age of the Farmington population is 34.6.
Cost of Living
The cost of living in Farmington, NM is about 13% lower than the national average. The median household income in Farmington is $56,576.
Farmington, NM Education
High School Graduate: 28%
Some College: 33%
Associates Degree: 16%
Bachelor's or Higher Degree: 23%
Workforce Participation Rates by Education
Less than High School: 58%
High School Graduate: 68%
Some College: 73%
Bachelor's Degree or Greater: 83%
Unemployment Rate by Education
Less than High School: 11%
High School Graduate: 7%
Some College: 5%
Bachelor's Degree or Greater: 2%
Estimated education data based on residents over 25 years old in Farmington, NM. Employment data based on residents age 25-64.
Farmington Job Market
Farmington is a small city in northern New Mexico in one of the largest counties by area in the US with a population of 44,000. Top industries in Farmington include Government, Health Services, Education, and Trade, Transportation, and Utilities. The job market in Farmington is growing slowly, fueled by recent tourism. People like working in Farmington because of its location along a scenic byway and its outdoor recreation opportunities such as fishing and water skiing along its nearby rivers. Overall, average weekly wages for most occupations and cost of living are lower in Farmington than in the rest of the US.