NAICS 51

Information in Farmington, NM

Metro Market Score 22.1 (Favorable), ranked #27 of 294 metros. 40 establishments, 159 jobs.

Metro Market Score 22.1

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Favorable

ⓘ Lower is better. Relative to national information average.

✓Favorable Market

Labor costs are a clear advantage in Farmington's information sector. The wage competitiveness index of 4.1 puts it among the lowest-cost metros, and wage pressure at 24.6 suggests that gap is holding steady.

Industry Concentration

3.7

LQ: 0.18

Rank #11 of 294 metros

Wage Competitiveness

4.1

$49,179 avg wage

Growth Trend

49.3

Employment growth index

Rank #150 of 294 metros

Wage Pressure

24.6

YoY wage change index

40 Information Firms in Farmington

Establishments

+8.1% YoY

159

Total Employment

-2.5% YoY

$49,179

Average Annual Wage

+8.0% YoY

0.18

Location Quotient

Below national avg

Within New Mexico

#1 of 4

information metros in state

New Mexico state rank

#34 of 51

for information entry risk

vs State Median

-24.1

better than median (46.2)

Farmington vs New Mexico Statewide

How this metro's information market compares to New Mexico overall. The state ranks #34/51 for entry risk.

Measure	Farmington	NM Statewide
Overall Score	22.1 Favorable	47.7 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#27 of 294 metros	#34 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Farmington

Professional, Scientific, and Technical Services 18.5 Real Estate and Rental and Leasing 18.6 Finance and Insurance 29.4 Administrative and Support Services 29.9 Construction 45.2 Healthcare and Social Assistance 50.3 Retail Trade 55.3 Other Services 57.2 Accommodation and Food Services 63.2

Information in Other New Mexico Metros

Las Cruces 40.7 #121/294 Santa Fe 46.2 #162/294 Albuquerque 54.3 #211/294

Information Metros With Similar Conditions

Metros within 5 points of Farmington's 22.1 score. Useful when comparing markets with comparable entry profiles.

Hot Springs, AR 22.1 #28/294 Sandusky, OH 22.0 #26/294 Hammond, LA 22.8 #29/294 Punta Gorda, FL 22.9 #30/294 Midland, MI 22.9 #31/294 Carson City, NV 23.3 #32/294 Muncie, IN 20.7 #25/294 Manhattan, KS 20.5 #24/294 Cleveland, TN 20.5 #23/294 Niles, MI 20.3 #22/294

Information in States Bordering New Mexico

State-level entry risk for information in adjacent states. Use this to weigh cross-border options.

Oklahoma 40.2 #18/51 Texas 41.5 #20/51 Colorado 46.7 #31/51 Utah 47.4 #33/51 Arizona 49.2 #41/51

Browse Information in Other States

State-level entry risk reports for information across all 51 markets, sorted by rank.

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Farmington's information sector, the employment growth component (50.7) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Farmington, NM MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment