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2024 Compare Cities Economy:
Farmington, NM vs Somerset, NJ

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Highlights
- Household income in Somerset, is 81% more than it is in Farmington and is 32% above the National Average.
- Farmington unemployment rate is 9.0%.
- Somerset unemployment rate is 6.3%.

Economy
 Farmington, NMSomerset, NJUnited States
 Unemployment Rate9.0%6.3%6.0%
 Recent Job Growth2.5%-0.7%1.6%
 Future Job Growth19.8%23.7%33.5%
 Sales Taxes8.3%6.6%6.2%
 Income Taxes4.9%5.5%4.6%
 Income per Cap.$26,096$48,901$37,638
 Household Income$56,045$101,627$69,021
 Family Median Income$65,270$125,098$85,028
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 Est. Households By Income
 Farmington, NMSomerset, NJUnited States
 Income Less Than 15K10.5%5.6%9.4%
 Income between 15K and 20K4.7%2.9%3.8%
 Income between 20K and 30K9.8%1.9%8.1%
 Income between 30K and 40K10.2%4.5%8.0%
 Income between 40K and 50K10.7%4.6%7.6%
 Income between 50K and 60K7.7%5.6%7.2%
 Income between 60K and 75K11.1%9.4%9.6%
 Income between 75K and 100K10.4%15.0%12.8%
 Income between 100K and 150K14.1%22.0%16.3%
 Income between 150K and 200K6.6%15.8%7.8%
 Income greater than 200K4.1%12.8%9.5%
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 Population By Occupation
 Farmington, NMSomerset, NJUnited States
 Management, business, finance11.1%22.5%16.4%
 Engineering, computers, science3.1%13.4%6.5%
 Community, social services1.3%1.5%1.8%
 Legal0.5%1.3%1.2%
 Education, library6.4%6.3%6.2%
 Arts, design, media, sports, entertainment0.5%3.6%2.0%
 Healthcare practitioners and technology6.5%6.7%6.2%
 Healthcare support3.6%2.1%3.3%
 Firefighters, law enforcement3.4%2.7%2.1%
 Food preparation, serving6.9%5.1%5.4%
 Building maintenance2.1%1.4%3.6%
 Personal care3.8%2.2%2.6%
 Sales, office, administrative support25.2%17.2%20.9%
 Farming, fishing, forestry0.3%0.0%0.6%
 Construction, extraction, maintenance/repair14.6%4.6%8.1%
 Production, transportation, material moving10.7%9.3%13.1%

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Reviews for Farmington    24 Reviews

The worst place I have ever lived. It is dirty, crime ridden, uneducated and good luck getting good medical care. San Juan anything sucks. Unfriendly, ugly, dusty,  More

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Over 6 years ago

No social life, limited resources, dirty roads with potholes, unclean people, litter, no recreational resources of any value. Employment opportunities don't exist, lack  More

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World class fly fishing (San Juan shuffle!), nearby colorado skiing, and perhaps one of the best climates in the continental US (average western summer with mild winter,  More

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Reviews for Somerset    7 Reviews

Over 10 years ago

I am moving to Somerset. I have heard that Cost of living to too high in somerset. I am getting a pay Of $72,800.00 per year. Can I survive with this pay. I am moving  More

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Over 12 years ago

best plce for 55+  More

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Over 17 years ago

Very nice place to live. Very  More

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ZIPS IN FARMINGTON, NEW MEXICO
87401 87402
ZIPS IN SOMERSET, NEW JERSEY
No Zip Codes Here.

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