NAICS 81

Other Services in Farmington, NM

Metro Market Score 57.2 (Challenging), ranked #220 of 332 metros. 220 establishments, 1,155 jobs.

Metro Market Score 57.2

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Challenging

ⓘ Lower is better. Relative to national other services average.

Market conditions for other services in Farmington are tougher than average. The 57.2 market score reflects a combination of moderate wages, slowing employment, and moderate competition. Rank: #220 of 332 metros.

Industry Concentration

22.6

LQ: 0.82

Rank #75 of 332 metros

Wage Competitiveness

57.2

$46,354 avg wage

Growth Trend

↓ 21.4

Employment growth index

Rank #262 of 332 metros

Wage Pressure

68.5

YoY wage change index

220 Other Services Firms in Farmington

220

Establishments

-3.9% YoY

1,155

Total Employment

-0.4% YoY

$46,354

Average Annual Wage

+8.3% YoY

0.82

Location Quotient

Below national avg

Within New Mexico

#3 of 4

other services metros in state

New Mexico state rank

#37 of 51

for other services entry risk

vs State Median

0.0

matches median (57.2)

Farmington vs New Mexico Statewide

How this metro's other services market compares to New Mexico overall. The state ranks #37/51 for entry risk.

Measure	Farmington	NM Statewide
Overall Score	57.2 Challenging	50.1 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#220 of 332 metros	#37 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 Information 22.1 Finance and Insurance 29.4 Administrative and Support Services 29.9 Construction 45.2 Healthcare and Social Assistance 50.3 Retail Trade 55.3 Accommodation and Food Services 63.2

Other Services in Other New Mexico Metros

Las Cruces 33.5 #44/332 Albuquerque 49.3 #150/332 Santa Fe 91.6 #332/332

Other Services Metros With Similar Conditions

Metros within 5 points of Farmington's 57.2 score. Useful when comparing markets with comparable entry profiles.

Burlington, NC 57.2 #218/332 Fairbanks-College, AK 57.2 #219/332 Eau Claire, WI 57.4 #221/332 Salem, OR 57.4 #222/332 Duluth, MN 57.5 #223/332 North Port-Bradenton-Sarasota, FL 57.5 #224/332 Longview-Kelso, WA 56.9 #217/332 Dallas-Fort Worth-Arlington, TX 57.5 #225/332 Cleveland, OH 57.6 #226/332 Corpus Christi, TX 56.8 #216/332

Other Services in States Bordering New Mexico

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

Oklahoma 40.6 #19/51 Arizona 46.0 #30/51 Texas 50.1 #36/51 Colorado 50.3 #38/51 Utah 52.1 #42/51

Browse Other Services in Other States

State-level entry risk reports for other services 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 other services sector, the employment growth component (78.6) 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