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Bookkeeper salary in Farmington, NM

Hiring a bookkeeper costs less in Farmington than in New Mexico or the country as a whole. The median is $46,010 a year1: 4.3% below the New Mexico statewide median of $48,080 and 9.2% below the US median of $50,670. Nationally it ranks #358 of 521 areas. BLS counts about 560 people in this job here, 7% of the New Mexico total.

$3,834median pay per month in Farmington
$4,947employer cost per month with benefits
$22.12median pay per hour
560people in this job in Farmington

BLS occupation 43-3031, area Farmington, NM. Data from the May 2025 release, checked 2026-10-15.

Pay in Farmington against New Mexico and the US

Range10thMedian90th
Farmington, NM$34,930$46,010$63,710
New Mexico$35,660$48,080$70,890
United States$36,000$50,670$74,550
10th to 90th percentilemiddle half (25th to 75th)median

The middle half of bookkeepers in Farmington earns $38,730–$56,800. Pay is tightly grouped: the top tenth starts at $63,710, only 1.8 times the bottom tenth, against 2.1 times across the US, so the going rate is easier to read. From the 25th to the 75th percentile, the local range is $18,070 wide, between the figure for New Mexico ($18,110) and the US figure ($17,950).

What to budget for a bookkeeper here

Point in the local rangePer yearPer monthPer hourEmployer cost per year
10th percentile$34,930$2,911$16.79$45,071
25th percentile$38,730$3,228$18.62$49,974
Median$46,010$3,834$22.12$59,368
75th percentile$56,800$4,733$27.31$73,290
90th percentile$63,710$5,309$30.63$82,206

The step from the 25th percentile to the median is $7,280 a year; from the median to the 75th it is $10,790, or about $13,923 once benefits are added. These percentiles describe what people in the job earn locally, not experience levels, so place your offer by the tasks and seniority you need.

For scale, the US median of $50,670 falls between the median and the 75th percentile in Farmington, and the New Mexico statewide median of $48,080 falls there too.

What a hire really costs in Farmington

At the $46,010 median, a local hire costs about $59,368 a year: benefits and payroll taxes other than paid leave are 22.5% of total compensation in US private industry2, about $13,358 here. Recruiting, equipment and office space come on top. Benefit levels vary by employer, so treat this as an estimate.

We place executive assistants, customer support and e-commerce staff today; for bookkeepers we answer within one business day whether we can help. Enter the monthly pay you have in mind to compare it with a local hire. The fee field shows our standard fee3; Deel's contractor plan is the default payroll tool4.

$59,368local hire, first year incl. benefits
$13,888remote hire, first year incl. fee
$45,480difference in year one
77%of the local cost saved

Other roles in Farmington

Of the 14 roles we track in Farmington, this one ranks #10 by median pay, between payroll specialists ($57,200) and administrative assistants ($45,860). Project Coordinator is the highest at $96,210.

The 5 roles closest in pay. All 14 roles in Farmington, NM
RoleMedianvs bookkeeperJobs
Paralegal
$59,380
+29.1%30
Payroll Specialist
$57,200
+24.3%60
Bookkeeper
$46,010
this role560
Administrative Assistant
$45,860
-0.3%1,250
Medical Administrative Assistant
$39,090
-15.0%180

Measured against the US median, bookkeepers rank #7 of the 14 roles we track in Farmington (-9.2%), between accountants (-9.1%) and office managers (-10.4%). The typical role here is at -9.8%, so this job follows the area's general pay level. Bookkeepers hold 13.3% of the jobs in these 14 roles in Farmington, 8.3% across New Mexico and 8.8% nationally. The job is a bigger part of the local workforce in these roles than it is nationally.

Other areas in New Mexico

Across the 6 areas of New Mexico with data for this job, the median runs from $44,460 in Las Cruces to $50,890 in Santa Fe, a gap of $6,430 a year. Of the 4 areas in New Mexico with more bookkeepers than Farmington, 1 pays less: Las Cruces, NM ($44,460).

AreaMedianvs FarmingtonJobs
Santa Fe, NM
$50,890
+10.6%560
Albuquerque, NM
$49,660
+7.9%3,440
Northern New Mexico (Nonmetro)
$47,050
+2.3%740
Farmington, NM
$46,010
this area560
Eastern New Mexico (Nonmetro)
$46,010
+0.0%1,540
Las Cruces, NM
$44,460
-3.4%580

Farmington against other US metro areas

By number of jobs, Farmington is #397 of 521 US areas for this job. The market is small, and its pay sits near the middle of the US range. Outside New Mexico, Terre Haute and Decatur pay just above Farmington and Canton-Massillon and Kokomo just below. All four are within $50 a year of the median in Farmington. Of the three markets with about as many bookkeepers, none pays as much.

Metro areaMedianvs FarmingtonJobsClose in
Decatur, AL
$46,060
+0.1%580pay
Terre Haute, IN
$46,060
+0.1%550pay
Farmington, NM
$46,010
this area560
Canton-Massillon, OH
$46,000
-0.0%1,430pay
Kokomo, IN
$45,990
-0.0%280pay
Auburn-Opelika, AL
$44,270
-3.8%560jobs
Elizabethtown, KY
$43,830
-4.7%560jobs
Dothan, AL
$41,330
-10.2%560jobs

Questions

How much does it cost to hire a bookkeeper in Farmington, NM?

About $59,368 a year at the median, or $4,947 a month: $46,010 in pay plus about $13,358 in benefits and payroll taxes. Recruiting, equipment and office space are extra.

What do bookkeepers earn in Farmington?

The median was $46,010 a year in the May 2025 BLS survey. The 10th percentile was $34,930, the 90th $63,710, and the middle half earned $38,730 to $56,800.

Is Farmington cheaper than the rest of New Mexico for bookkeepers?

Yes, it costs less: a median of $46,010 against $48,080 statewide. The next area up in New Mexico is the Northern New Mexico nonmetro area at $47,050, the next down the Eastern New Mexico nonmetro area at $46,010.

How many bookkeepers work in Farmington?

BLS counts about 560 in the May 2025 survey. That is 7% of the New Mexico total of 7,780. 4 areas in New Mexico have more; the closest in size is Las Cruces, with about 580.

Does a bookkeeper cost more than an administrative assistant in Farmington?

Yes: $150 a year more at the median. The medians are $46,010 and $45,860.

Sources

4 sources, with links
  1. BLS OEWS May 2025, 43-3031: bls.gov
  2. BLS Employer Costs for Employee Compensation, private industry, June 2026: bls.gov
  3. Stafka pricing: stafka.com
  4. Deel pricing, contractor management: deel.com

How these pages are built: methodology and data sources. Last updated 2026-11-12.