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Average Life, Physical, and Social Science Occupations Salary in Santa Fe, NM

In Santa Fe, NM, professionals in Life, Physical, and Social Science Occupations can expect an average annual salary of $80,000. This figure is notably below the national average of $91,840, suggesting that while the field is present, local market dynamics and potentially a different industry focus may influence compensation levels compared to broader national trends.

Executive Summary

  • Average Salary: $80,000 per year.
  • Growth Trend: Salaries have shifted 22.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $103,470.
  • Outlook: Santa Fe's market for Life, Physical, and Social Science Occupations shows a moderate concentration, indicated by a Location Quotient of 1.39, suggesting a slightly higher presence than the national average. With a local workforce of 800 individuals in these roles, the demand appears stable, providing a solid foundation for career opportunities within the region.
2024 Market Data

Salary Overview

$80,000

The average Life, Physical, and Social Science Occupations in Santa Fe, NM earns-12.9%below the national average.

BreakdownBased on 40h/week
Hourly

$38.5

Weekly

$1,538

Monthly

$6,667

Life, Physical, and Social Science Occupations Salary Distribution in Santa Fe, NM

Salary progression within Life, Physical, and Social Science Occupations in Santa Fe, as elsewhere, is typically tied to experience and specialization. Entry-level positions will likely fall below the $80,000 average, while senior roles, those requiring advanced degrees, or specialized expertise can command significantly higher salaries, with substantial percentile gaps reflecting career advancement and increased responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$50,960$24.5
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$60,000$28.8
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$73,470$35.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$100,000$48.1
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$103,470$49.7

Detailed Life, Physical, and Social Science Occupations Market Analysis

Relocation Context

Nominal Salary

$80,000

Gross Pay

Real Wage (Purchasing Power)

$80,000

Adjusted for COL (100)

The average annual salary of $80,000 in Santa Fe aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Santa Fe-based scientist's salary is equivalent to that of a scientist earning the national average in a location with average living expenses, offering a balanced financial landscape.

Job Market Context

800

Total Jobs

13.062

Per 1K Jobs

1.39

Location Quotient

Above Average

With a location quotient of 1.39, Santa Fe, NM has a slightly higher-than-average concentration of Life, Physical, and Social Science Occupations roles compared to the national norm.

A Location Quotient of 1.39 signifies that Life, Physical, and Social Science Occupations are more concentrated in Santa Fe than the national average. This suggests a specialized regional demand or a cluster of related industries, potentially offering more targeted opportunities for those with relevant skills, though competition might also be present within this niche.

Nearby Job Markets

Nearby Cities for Life, Physical, and Social Science Occupations

Comparing salaries near Santa Fe, NM

Hiring Life, Physical, and Social Science Occupationss?

Frequently Asked Questions

How much does a Life, Physical, and Social Science Occupations make in Santa Fe, NM?

The median annual salary for a Life, Physical, and Social Science Occupations in Santa Fe, NM is $80,000. This typically ranges from $50,960 for entry-level positions to $103,470 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Santa Fe, NM is 12.9% lower than the national median of $91,840.

Is Santa Fe, NM a lucrative place for Life, Physical, and Social Science Occupationss?

No, but it offers balanced living.While the average salary of $80,000 is below the national average, the cost of living in Santa Fe is also at the national average, meaning your earnings have equivalent purchasing power. The concentration of these roles (LQ 1.39) indicates a specialized market.

Is Santa Fe, NM a good place to live for Life, Physical, and Social Science 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 ($91,620) and Eastern New Mexico nonmetropolitan area.

How does Santa Fe's salary for these roles compare to the national average?

The average salary in Santa Fe is $80,000, which is lower than the national average of $91,840 for Life, Physical, and Social Science Occupations.

What is the cost of living in Santa Fe, NM?

Santa Fe's cost of living index is 100, which is exactly the national average, indicating that expenses for goods and services are comparable to the rest of the country.

How many people work in Life, Physical, and Social Science Occupations in Santa Fe?

There are approximately 800 individuals employed in Life, Physical, and Social Science Occupations in Santa Fe, making up 13.062 jobs per 1,000 workers.

Is the job market for scientists strong in Santa Fe?

The Location Quotient of 1.39 suggests a slightly higher concentration of these jobs in Santa Fe compared to the national average, indicating a specialized but present market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 800 employees in the Santa Fe, NM area with a job density of 13.062 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.