Average Computer and Mathematical Occupations Salary in Santa Fe, NM
In Santa Fe, NM, professionals in Computer and Mathematical Occupations earn an average annual salary of $95,240. This figure is notably below the national average of $119,220, reflecting a localized compensation structure influenced by regional economic factors and industry demand specific to the Santa Fe area.
Executive Summary
- Average Salary: $95,240 per year.
- Growth Trend: Salaries have shifted 28.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $143,990.
- Outlook: With a local workforce of 1,570 individuals in Computer and Mathematical Occupations, Santa Fe presents a modest but stable job market. The location quotient of 0.76 suggests that while this sector is present, it is not as concentrated as the national average, indicating potential for growth and opportunity for skilled professionals looking to enter or advance within this field in the region.
Salary Overview
The average Computer and Mathematical Occupations in Santa Fe, NM earns-20.1%below the national average.
$45.8
$1,832
$7,937
Computer and Mathematical Occupations Salary Trends (2020-2024)
While specific historical data for Santa Fe's Computer and Mathematical Occupations is not provided, it is reasonable to assume a general trend of salary growth mirroring national patterns over the past four years. Factors such as increasing demand for tech-related skills, inflation, and evolving industry needs likely contribute to a positive trajectory for compensation in this sector.
Computer and Mathematical Occupations Salary Distribution in Santa Fe, NM
Salary progression within Computer and Mathematical Occupations in Santa Fe, NM, typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior roles and specialized expertise can command substantially higher salaries, often reaching well into the six figures. The percentile gaps in earnings clearly signify the career progression and increased earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $51,670 | $24.8 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $71,430 | $34.3 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $90,540 | $43.5 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $119,050 | $57.2 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $143,990 | $69.2 |
Detailed Computer and Mathematical Occupations Market Analysis
Relocation Context
Nominal Salary
$95,240
Gross Pay
Real Wage (Purchasing Power)
$95,240
Adjusted for COL (100)
The average annual salary of $95,240 in Santa Fe, NM, aligns perfectly with the national average cost of living index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income in Santa Fe is equivalent to the national average, offering a balanced financial outlook for residents.
Job Market Context
1,570
Total Jobs
25.552
Per 1K Jobs
0.76
Location Quotient
Santa Fe, NM has 0.76x the national average concentration of Computer and Mathematical Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A location quotient of 0.76 indicates that Computer and Mathematical Occupations are slightly less concentrated in Santa Fe, NM, compared to the national average. This suggests a less saturated market, which could translate into a more competitive environment for job seekers but also potentially greater opportunities for those with in-demand skills to establish themselves.
Nearby Job Markets
Nearby Cities for Computer and Mathematical Occupations
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Computer and Mathematical Occupations Salary | $96,830↑ 2% | 54 mi |
| Eastern New Mexico nonmetropolitan area Computer and Mathematical Occupations Salary | $81,860↓ 14% | 59 mi |
| Northern New Mexico nonmetropolitan area Computer and Mathematical Occupations Salary | $142,730↑ 50% | 59 mi |
Comparing salaries near Santa Fe, NM
Hiring Computer and Mathematical Occupationss?
Frequently Asked Questions
How much does a Computer and Mathematical Occupations make in Santa Fe, NM?
The median annual salary for a Computer and Mathematical Occupations in Santa Fe, NM is $95,240. This typically ranges from $51,670 for entry-level positions to $143,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Santa Fe, NM is 20.1% lower than the national median of $119,220.
Is Santa Fe, NM a lucrative place for Computer and Mathematical Occupationss?
No, not compared to the national average.While the average salary of $95,240 is substantial, it falls below the national average of $119,220. However, the cost of living is also at the national average, making the purchasing power comparable.
Is Santa Fe, NM a good place to live for Computer and Mathematical Occupations?
The Cost of Living Index in Santa Fe, NM is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Santa Fe, NM?
Some top paying nearby cities include Albuquerque, NM ($96,830) and Eastern New Mexico nonmetropolitan area.
How does Santa Fe's tech job market compare to national concentration?
Santa Fe's location quotient of 0.76 indicates a slightly lower concentration of Computer and Mathematical Occupations compared to the national average, suggesting a less saturated but potentially competitive job market.
What is the average salary for Computer and Mathematical Occupations in Santa Fe, NM?
The average annual salary for Computer and Mathematical Occupations in Santa Fe, NM, is $95,240.
How does the cost of living in Santa Fe affect salary perception?
With a cost of living index of 100, Santa Fe's cost of living is on par with the national average. Therefore, the $95,240 salary offers purchasing power equivalent to the national average.
What is the total workforce size for these roles in Santa Fe?
There are approximately 1,570 individuals employed in Computer and Mathematical Occupations in Santa Fe, NM.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,570 employees in the Santa Fe, NM area with a job density of 25.552 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Computer and Mathematical Occupations • Data source: BLS OEWS 2024 •Jobs in Santa Fe, NM