Wage Benchmark Overview
Median Annual Salary
$55,500$26.68 per hour · $4,625 monthlyRun the numbers on your own pay
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Take-Home Pay Explorer
Electricians Wage Percentiles in Farmington, NM
Official survey estimates from the U.S. Bureau of Labor Statistics (BLS). Full-time calculations assume standard 2,080 annual working hours.
| Earning Tier | Hourly Wage | Monthly Gross | Annual Gross | Est. Annual Net (NM) |
|---|---|---|---|---|
| 10th Percentile | $16.78/hr | $2,908 | $34,900 | $29,685 |
| 25th Percentile | $21.35/hr | $3,700 | $44,400 | $36,898 |
| Median (50th Percentile)Metro Benchmark | $26.68/hr | $4,625 | $55,500 | $45,315 |
| 75th Percentile | $33.56/hr | $5,817 | $69,800 | $55,803 |
| 90th Percentile | $39.71/hr | $6,883 | $82,600 | $64,205 |
Cost of Living & Purchasing Power in Farmington, NM
A dollar does not buy the same basket of goods everywhere. Compare how $$55,500 measures up against local economic conditions:
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Compare electricians salaries statewide and examine overall earnings in New Mexico:
Frequently Asked Questions About Electricians Pay in Farmington, NM
What is the median salary for electricians in Farmington, NM?
The official BLS median annual wage for electricians in Farmington, NM is $55,500, which equates to approximately $4,625 per month or $26.68 per hour for a 2,080-hour work year.
What is the hourly pay for electricians in Farmington, NM?
The median hourly wage for electricians in Farmington, NM is $26.68 per hour based on the BLS survey. One in ten earned less than $16.78/hour and one in ten earned more than $39.71/hour.
What is the pay range for electricians in Farmington, NM?
BLS wage estimates for electricians in Farmington, NM span from $34,900 at the 10th percentile to $44,400 at the 25th, $69,800 at the 75th, and $82,600 at the 90th. These are wage distribution points, not experience levels.
How much do electricians take home after taxes in Farmington, NM?
On a median gross salary of $55,500, an estimated $45,315 lands in net take-home pay per year ($1,743 biweekly) for a single filer claiming the standard deduction in New Mexico in 2026. Total tax withholding equals $10,185 (an effective rate of 18.4%).
How much do electricians make per month in Farmington, NM?
On the median annual salary of $55,500, gross monthly income is $4,625. After federal, FICA, and New Mexico state income taxes, estimated net take-home pay is $3,776 per month (or $1,743 every two weeks).
Is $55,500 a good salary in Farmington, NM?
At $55,500, the median salary for electricians is 99.3% of the Farmington, NM median household income ($55,872). According to the U.S. Bureau of Economic Analysis (BEA), the metropolitan price parity index is 87.7, making regional consumer goods and services 12.3% cheaper than the U.S. average.