Economy in Farmington Metro Area, New Mexico
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| Unemployment Rate | 6.30% | 8.60% |
| Recent Job Growth | -0.95% | 0.35% |
| Future Job Growth | 31.80% | 32.10% |
| Sales Taxes | 7.13% | 5.00% |
| Income Taxes | 4.90% | 4.70% |
| Income per Cap. | $19,949 | $26,154 |
| Household Income | $45,540 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 14.81% | 12.37% |
| Income between 15K and 25K | 12.15% | 10.53% |
| Income between 25K and 35K | 11.95% | 10.88% |
| Income between 35K and 50K | 15.56% | 15.37% |
| Income between 50K and 75K | 19.98% | 20.14% |
| Income between 75K and 100K | 11.52% | 12.41% |
| Income between 100K and 150K | 9.91% | 11.27% |
| Income between 150K and 250K | 3.09% | 5.01% |
| Income between 250K and 500K | 0.92% | 1.86% |
| Income greater than 500K | 0.09% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.45% | 14.04% |
| Professional and Related Occupations | 17.01% | 20.61% |
| Service | 17.21% | 14.45% |
| Sales and Office | 25.14% | 26.75% |
| Farming, Fishing, and Forestry | 0.74% | 0.70% |
| Construction, Extraction, and Maintenance | 17.44% | 9.42% |
| Production, Transportation, and Material Moving | 14.01% | 14.05% |
The unemployment rate in Farmington Metro Area, NM, is 6.30%, with job growth of -0.95%. Future job growth over the next ten years is predicted to be 31.80%.
Farmington Metro Area, NM Taxes
Farmington Metro Area, NM,sales tax rate is 7.13%. Income tax is 4.90%.
Farmington Metro Area, NM Income and Salaries
The income per capita is $19,949, which includes all adults and children. The median household income is $45,540.
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