The annual salary statistics of bill and account collectors in Farmington, New Mexico is shown in Table 1. The wage statistics of bill and account collectors 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 | $22,020 |
| 25th Percentile Wage | $25,310 |
| 50th Percentile Wage | $43,420 |
| 75th Percentile Wage | $48,150 |
| 90th Percentile Wage | $50,990 |
Table 1 shows the average annual salary for bill and account collectors 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 $50,990. The median (50th percentile) annual salary is $43,420. The average annual salary for the bottom 10 percent earners is $22,020.
The table and chart below show the trend of the median salary of bill and account collectors from 2012 to 2020. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 8-Year Growth |
|---|---|---|---|
| 2020 | $43,420 | 11.70% | 31.83% |
| 2019 | $38,340 | 13.69% | - |
| 2013 | $33,090 | 10.55% | - |
| 2012 | $29,600 | - | - |
From Table 3 we note that with a median annual salary of $43,420, Farmington is the second highest paying city for bill and account collectors in state of New Mexico, following the highest paying city Santa Fe (median annual salary of $44,800). Compared with Santa Fe, the median annual salary of bill and account collectors in Farmington is 3.1 percent (3.1%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Santa Fe | |
| Farmington | |
| Albuquerque | |
| Northern New Mexico nonmetropolitan area | |
| Eastern New Mexico nonmetropolitan area | |
| Eastern New Mexico nonmetropolitan area | |
| Las Cruces | |
| North and West Central New Mexico nonmetropolitan area |