Farmington, NM · BLS OEWS & BEA Regional Data

Market Research Analyst Salary in Farmington, NM

In the Farmington, NM metropolitan area, market research analysts earned a median annual wage of $58,900 ($28.32/hour) in the BLS May 2025 OEWS survey. The 10th percentile was $39,600/year and the 90th was $93,300/year; these percentiles do not measure years of experience. Applying 2026 federal and New Mexico tax rules to the survey median leaves an estimated $47,887 in take-home pay. The metro price index is 87.7 against a national baseline of 100.

Wage Benchmark Overview

Median Annual Salary

$58,900$28.32 per hour · $4,908 monthly
10th Percentile$39,600$19.04/hr base
25th Percentile$46,400$22.31/hr base
75th Percentile$74,900$36.01/hr base
90th Percentile$93,300$44.86/hr base

Run the numbers on your own pay

Same U.S. tax tables as the rest of the site. Change the salary, state, or filing status.

Take-Home Pay Explorer

$58,900
$20,000$120,000
Filing status:
Gross salary breakdown$58,900
Net 81%
Fed 8%
NM 3%
FICA 8%
Annual take-home$47,887After all taxes
Monthly deposit$3,991Estimated per month
Biweekly paycheck$1,842Every 2 weeks (26/yr)
Effective tax rate18.7%Total tax burden
Federal income tax$4,888 / yr
New Mexico state income tax$1,619 / yr
FICA (Social Security & Medicare)$4,506 / yr

Market Research Analysts and Marketing Specialists 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.

Wage Distribution for Market Research Analysts and Marketing Specialists in the Farmington, NM Metropolitan Area
Earning TierHourly WageMonthly GrossAnnual GrossEst. Annual Net (NM)
10th Percentile$19.04/hr$3,300$39,600$33,248
25th Percentile$22.31/hr$3,867$46,400$38,419
Median (50th Percentile)Metro Benchmark$28.32/hr$4,908$58,900$47,887
75th Percentile$36.01/hr$6,242$74,900$59,151
90th Percentile$44.86/hr$7,775$93,300$71,209

Cost of Living & Purchasing Power in Farmington, NM

A dollar does not buy the same basket of goods everywhere. Compare how $$58,900 measures up against local economic conditions:

Metro Median Household Income$55,872Census Bureau ACS
BEA Price Parity Index87.712.3% below national average
Individual vs Household Ratio105.4%of area median income

Compare market research analysts salaries statewide and examine overall earnings in New Mexico:

Frequently Asked Questions About Market Research Analysts and Marketing Specialists Pay in Farmington, NM

What is the median salary for market research analysts in Farmington, NM?

The official BLS median annual wage for market research analysts in Farmington, NM is $58,900, which equates to approximately $4,908 per month or $28.32 per hour for a 2,080-hour work year.

What is the hourly pay for market research analysts in Farmington, NM?

The median hourly wage for market research analysts in Farmington, NM is $28.32 per hour based on the BLS survey. One in ten earned less than $19.04/hour and one in ten earned more than $44.86/hour.

What is the pay range for market research analysts in Farmington, NM?

BLS wage estimates for market research analysts in Farmington, NM span from $39,600 at the 10th percentile to $46,400 at the 25th, $74,900 at the 75th, and $93,300 at the 90th. These are wage distribution points, not experience levels.

How much do market research analysts take home after taxes in Farmington, NM?

On a median gross salary of $58,900, an estimated $47,887 lands in net take-home pay per year ($1,842 biweekly) for a single filer claiming the standard deduction in New Mexico in 2026. Total tax withholding equals $11,013 (an effective rate of 18.7%).

How much do market research analysts make per month in Farmington, NM?

On the median annual salary of $58,900, gross monthly income is $4,908. After federal, FICA, and New Mexico state income taxes, estimated net take-home pay is $3,991 per month (or $1,842 every two weeks).

Is $58,900 a good salary in Farmington, NM?

At $58,900, the median salary for market research analysts is 105.4% 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.