The annual salary statistics of appraisers and assessors of real estate in Farmington, New Mexico is shown in Table 1. The wage information of appraisers and assessors of real estate in Farmington is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $27,870 |
| 25th Percentile Wage | $33,800 |
| 50th Percentile Wage | $48,380 |
| 75th Percentile Wage | $88,030 |
| 90th Percentile Wage | $98,660 |
Table 1 shows the average annual salary for appraisers and assessors of real estate in Farmington, New Mexico in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $98,660. The median (50th percentile) annual salary is $48,380. The average annual salary for the bottom 10 percent earners is $27,870.
The table and chart below show the trend of the median salary of appraisers and assessors of real estate from 2012 to 2016.
| Year | Median Salary | Yearly Growth | 4-Year Growth |
|---|---|---|---|
| 2016 | $48,380 | 1.86% | 39.38% |
| 2015 | $47,480 | 7.37% | - |
| 2014 | $43,980 | 31.72% | - |
| 2013 | $30,030 | 2.33% | - |
| 2012 | $29,330 | - | - |
From Table 3 we note that with a median annual salary of $48,380, Farmington is the highest paying city for appraisers and assessors of real estate in state of New Mexico, followed by Las Cruces (median annual salary $45,840). In comparison, the median annual salary of appraisers and assessors of real estate in Farmington is 5.3 percent (5.3%) higher than that in Las Cruces.