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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.
2024 Market Data

Salary Overview

$95,240

The average Computer and Mathematical Occupations in Santa Fe, NM earns-20.1%below the national average.

BreakdownBased on 40h/week
Hourly

$45.8

Weekly

$1,832

Monthly

$7,937

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 LevelMarket PercentileAnnual WageHourly 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

Below Average

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

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.