Jobs & Economy in Farmington

Farmington's economy runs through a real, ongoing energy transition, alongside a substantial regional healthcare anchor and a genuinely significant Navajo Nation economic presence.

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A real, ongoing coal-to-renewables transition

The San Juan Generating Station coal plant fully closed in 2022 under the 2019 NM Energy Transition Act, replaced by a real, cited 200-MW solar plus 100-MW battery-storage project, while the separate Four Corners Generating Station on Navajo Nation land remains operating.

A real, declining but active oil and gas sector

The San Juan Basin natural-gas sector continues a documented years-long production decline, though a BLM-commissioned report projects up to 1,200 new wells over the next 30 years and modest near-term oil production growth.

A real regional healthcare anchor

San Juan Regional Medical Center (198 beds, Level III Trauma Center) anchors regional healthcare employment, serving the broader Four Corners area including Navajo Nation communities.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.