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Updated April 5, 2024

Average Farmers Insurance salary in New Mexico

$40,577

$19.51 hourly

Entry-level Farmers Insurance salary in New Mexico

$23,000 yearly

How much does Farmers Insurance pay in New Mexico?

The average Farmers Insurance salary in New Mexico is $40,577. Farmers Insurance salaries range between $23,000 to $71,000 per year in New Mexico. Farmers Insurance New Mexico based pay is lower than Farmers Insurance's United States average salary of $43,118. The best-paying job in New Mexico at Farmers Insurance is senior oracle database administrator, which pays an average of $130,859 annually.

Farmers Insurance salaries in New Mexico by job title

Farmers Insurance’s highest-paying job in New Mexico is senior oracle database administrator, with an average salary of $130,859. In second place is lead developer, which pays $124,753 annually in New Mexico.

Highest paying jobs at Farmers Insurance in New Mexico

RankJob titleAverage Farmers Insurance salaryHourly pay
1Senior Oracle Database Administrator$130,859$63
2Lead Developer$124,753$60
3Build-Release Engineer$123,658$59
4Project Leader$121,046$58
5Devops Engineer$119,782$58
6Informatica ETL Developer$118,386$57
7SQL Database Administrator$117,586$57
8Salesforce Developer$116,454$56
9IOS Developer$116,005$56
10Systems Architect$115,249$55

Highest paying cities in New Mexico for Farmers Insurance

The highest paying cities in New Mexico for Farmers Insurance employees are Tome, Albuquerque, and Rio Rancho.

Farmers Insurance workers in Tome earn an average salary of $40,632 a year, compared to Albuquerque with an average salary of $40,562 and Rio Rancho with an average salary of $40,518.

Highest paying cities in New Mexico at Farmers Insurance

RankCityAverage Farmers Insurance salaryHourly pay
1Tome, NM$40,632$20
2Albuquerque, NM$40,562$20
3Rio Rancho, NM$40,518$19
4Santa Fe, NM$40,253$19

Farmers Insurance salaries in New Mexico by department

The departments with the highest salaries for Farmers Insurance employees in New Mexico are Engineering, Human Resources, and Marketing.

New Mexico Farmers Insurance employees in the Engineering department earn an average salary of $97,228 a year, compared to an average salary of $69,480 in the Human Resources department and $53,815 in the Marketing department.

Highest paying departments at Farmers Insurance in New Mexico

RankDepartmentAverage Farmers Insurance salaryHourly pay
1Engineering$97,228$47
2Human Resources$69,480$33
3Marketing$53,815$26
4Finance$50,799$24
5Retail$41,965$20
6Sales$36,976$18
7Administrative$35,324$17
8Customer Service$34,529$17

How much does Farmers Insurance pay by state

Farmers Insurance pays the highest salaries in Washington ($50,923), California ($49,015), Rhode Island ($46,531), Texas ($43,996), and Michigan ($43,744).

Highest paying states at Farmers Insurance

Farmers Insurance competitors salaries in New Mexico

The highest paying Farmers Insurance competitor in New Mexico is The Travelers Companies. The average salary at The Travelers Companies in New Mexico is $130,859. The lowest paying Farmers Insurance competitor in New Mexico is Progressive.
RankCompany nameAverage pay in New MexicoHourly pay
1The Travelers Companies$60,488$29
2New York Life Insurance$57,074$27
3Elevance Health$56,461$27
4Mutual of Omaha$56,363$27
5Mercury Insurance$55,453$27
6Liberty Mutual Insurance$53,005$25
7Cigna$51,483$25
8Nationwide$49,289$24
9American Family Insurance$47,900$23
10Progressive$47,126$23

Recently added Farmers Insurance salaries in New Mexico

JobLocationDate addedSalary
Customer Care RepresentativeTome, NM03/19/2025$45,371
Customer Care RepresentativeTome, NM02/19/2025$45,371
District RepresentativeAlbuquerque, NM01/25/2025$100,000
Field ManagerAlbuquerque, NM01/05/2025$50,000

Frequently asked questions about Farmers Insurance pay in New Mexico

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