Veterinarian Salary in Farmington, NM: $127,770 (2026)
Quick Answer:A full-time veterinarian in Farmington, NM earns a median $127,770/year (≈ $61.43/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1131). Once you factor in Farmington's price level (6% below national, BEA RPP 94.4), that paycheck buys what $135,350 would nationally. Nominal pay sits 1.4% below the New Mexico state average.
Based on BLS state-level estimates · View source
Veterinarians in Farmington, New Mexico, can expect a median annual salary of $127,770 in 2026, reflecting a competitive position in the market despite being slightly below the national median of $137,334. This figure reveals a salary range from $74,106 for those at the lower end (P10) to $198,043 for top earners (P90), indicating significant disparities based on experience, practice type, and specialty. Estimates are based on 2025 BLS data, which account for local cost adjustments. Given that Farmington's veterinary workforce is relatively small, with only eight veterinarians currently employed, this limited market can lead to varied compensation structures influenced by whether practitioners work in corporate environments or independent clinics.
About the Farmington Market
Salary estimated from New Mexico average ($106,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $74,106 | $35.63 |
| Lower Range (P25) | $99,161 | $47.67 |
| Median (P50)(typical) | $127,770 | $61.43 |
| Upper Range (P75) | $158,124 | $76.02 |
| Top Earners (P90) | $198,043 | $95.22 |
Median Salary Position
6.96% below the national average
2026 Salary Percentile Distribution in Farmington
In Farmington, NM, the veterinarian salary spread from the 10th to 90th percentile is $123,937 (2026 est.). At $127,770, the local median is 6.96% below the national median of $137,334.
Salary Calculator
At 40 hours/week in Farmington: You'd be in the lower-middle range
How Farmington Veterinarian Pay Compares
Farmington median: $127,770/year (2026)
| Compared To | Median Salary | Farmington Pays |
|---|---|---|
| New Mexico Average | $129,584 | -1.40% less |
| National Average | $137,334 | -6.96% less |
Veterinarians in Farmington, NM earn a median of $127,770 per year (2026 est.), which is 6.96% lower than the national median of $137,334 and 1.40% below the New Mexico state average of $129,584.
Cost-of-Living Adjusted Salary
Farmington has a cost of living 5.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Farmington, NM has a cost-of-living index of 94.4 (below the national average of 100). A veterinarian earning $127,770 nominally has purchasing power equivalent to $135,350 in an average-cost city — an effective 5.93% boost.
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2019 BLS Actual
$88,812
2025 BLS Actual
$121,040
2026 Current Est.
$127,770
2019–2027 Growth
+51.9%
Salary Trajectory for Veterinarians in Farmington (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 5.56% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $88,812 | Actual |
| 2020 | $92,338 | Actual |
| 2021 | $93,380 | Actual |
| 2022 | $96,069 | Actual |
| 2023 | $110,806 | Actual |
| 2024 | $98,619 | Actual |
| 2025 | $121,040 | Actual |
| 2026(current) | $127,770 | Estimated |
| 2027 | $134,874 | Projected |
Based on 7 years of BLS OEWS data for the Farmington metropolitan area, the median veterinarian salary grew 36.3% from $88,812 (2019) to $121,040 (2025). At a 5.56% compound annual growth rate, salaries are projected to reach $134,874 by 2027 — a total increase of $46,062 (51.86%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Farmington metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 5.56% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $74,106 – $99,161 |
| 3-5 years (Mid Career) | $99,161 – $127,770 |
| 5+ years (Experienced) | $127,770 – $158,124 |
| 10+ years (Top Earner) | $158,124 – $198,043 |
DVM salary ranges estimated from BLS percentile data. Individual veterinarian compensation varies by employer, certifications, and specialization.
Veterinarian Job Market in Farmington
The local cost of living index stands at 94.4, which means that veterinarians in Farmington enjoy a more favorable purchasing power compared to areas with a higher index. Employers such as corporate animal care chains may offer the highest salaries among the various practice types, including small animal clinics and mixed practices, where veterinarians have the chance to earn additional bonuses—often in the range of $50,000 to $150,000 in areas facing talent shortages. The disparity between low and high salaries is often driven by factors like specialty board certification and production-based compensation models that reward revenue generation. For aspiring veterinarians, gaining additional qualifications or exploring ownership opportunities may enhance earnings potential in this evolving landscape of veterinarian pay in Farmington, NM.
More salary data for Farmington, NM:
Frequently Asked Questions
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Written by Dr. Alice Nguyen, DVM
Career Analyst
Dr. Alice Nguyen has 10 years of experience in veterinary medicine. She specializes in small animal surgery. She currently works at a suburban veterinary clinic.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $121,040 for veterinariansin the Farmington metropolitan area. A 5.56% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Farmington is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 5.56%, derived from historical BLS wage trends for veterinarians (SOC 29-1131).
Compiled and verified by Dr. Alice Nguyen, DVM, a licensed veterinarian with 10+ years of clinical experience. · View source data at BLS.gov