Average Construction and Extraction Occupations Salary in Santa Fe, NM
In Santa Fe, NM, professionals in Construction and Extraction Occupations can expect an average annual salary of $50,980. This figure is notably below the national average of $64,030, suggesting that local market dynamics and potentially the specific types of construction projects prevalent in the region influence compensation levels. Factors such as the scale of development, local demand, and the cost of doing business in Santa Fe contribute to this pay differential.
Executive Summary
- Average Salary: $50,980 per year.
- Growth Trend: Salaries have shifted 15.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $68,640.
- Outlook: Santa Fe's Construction and Extraction sector employs a local workforce of 2,310 individuals. With a Location Quotient of 0.91, the concentration of these jobs is slightly below the national average, indicating a stable but not exceptionally booming market. The presence of nearly 38 jobs per 1,000 workers suggests a consistent demand for skilled labor within this sector in the Santa Fe area.
Salary Overview
The average Construction and Extraction Occupations in Santa Fe, NM earns-20.4%below the national average.
$24.5
$980
$4,248
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data for Santa Fe's Construction and Extraction Occupations is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic recovery, infrastructure investments, and increased demand for housing and commercial spaces typically drive up wages in this sector, even in localized markets.
Construction and Extraction Occupations Salary Distribution in Santa Fe, NM
Salary progression within Construction and Extraction Occupations in Santa Fe, as elsewhere, is typically tied to experience and specialization. Entry-level positions will likely command salaries at the lower end of the spectrum, while seasoned professionals with specialized skills or supervisory roles can expect significantly higher compensation. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential for dedicated individuals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $36,090 | $17.4 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $38,235 | $18.4 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $47,840 | $23 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $63,725 | $30.6 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $68,640 | $33 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$50,980
Gross Pay
Real Wage (Purchasing Power)
$50,980
Adjusted for COL (100)
The average annual salary of $50,980 in Santa Fe aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Construction and Extraction worker's salary in Santa Fe is equivalent to that of a worker earning the national average salary in a location with a national average cost of living. Therefore, the nominal salary effectively reflects the local economic conditions.
Job Market Context
2,310
Total Jobs
37.677
Per 1K Jobs
0.91
Location Quotient
Santa Fe, NM has 0.91x the national average concentration of Construction and Extraction 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 0.91 for Construction and Extraction Occupations in Santa Fe indicates that this sector is slightly less concentrated than the national average. This suggests that while the industry is present and functional, it may not be the dominant economic driver compared to other regions. The job market is likely competitive, with a steady but not overwhelming supply of available positions relative to the workforce size.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Construction and Extraction Occupations Salary | $53,640↑ 5% | 54 mi |
| Eastern New Mexico nonmetropolitan area Construction and Extraction Occupations Salary | $54,660↑ 7% | 59 mi |
| Northern New Mexico nonmetropolitan area Construction and Extraction Occupations Salary | $54,950↑ 8% | 59 mi |
Comparing salaries near Santa Fe, NM
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Santa Fe, NM?
The median annual salary for a Construction and Extraction Occupations in Santa Fe, NM is $50,980. This typically ranges from $36,090 for entry-level positions to $68,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Santa Fe, NM is 20.4% lower than the national median of $64,030.
Is Santa Fe, NM a lucrative place for Construction and Extraction Occupationss?
No, not more lucrative than the national average.The average salary of $50,980 is below the national average of $64,030, despite a cost of living that matches the national average. This indicates that earning potential in this field is somewhat limited in Santa Fe compared to the broader US.
Is Santa Fe, NM a good place to live for Construction and Extraction 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 ($53,640) and Eastern New Mexico nonmetropolitan area.
How does Santa Fe's Construction and Extraction job market compare to the national average?
Santa Fe's job market for Construction and Extraction Occupations is slightly less concentrated than the national average, with a Location Quotient of 0.91. This suggests a stable but not exceptionally robust presence of these jobs.
What is the average salary for Construction and Extraction workers in Santa Fe, NM?
The average annual salary for Construction and Extraction Occupations in Santa Fe, NM is $50,980.
Does the cost of living in Santa Fe affect the perceived value of the salary?
No, the cost of living in Santa Fe is at the national average (100). Therefore, the $50,980 salary has the same purchasing power as the national average salary in a national average cost of living area.
How many Construction and Extraction jobs are there per 1,000 workers in Santa Fe?
There are approximately 37.68 jobs per 1,000 workers in Construction and Extraction 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 2,310 employees in the Santa Fe, NM area with a job density of 37.677 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Construction and Extraction Occupations • Data source: BLS OEWS 2024 •Jobs in Santa Fe, NM