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Average Management Occupations Salary in Santa Fe, NM

In Santa Fe, NM, professionals in Management Occupations can expect an average annual salary of $114,360. This figure is notably below the national average of $143,930, suggesting that local economic factors and industry demand play a significant role in compensation within this vibrant New Mexico city.

Executive Summary

  • Average Salary: $114,360 per year.
  • Growth Trend: Salaries have shifted 14.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $176,510.
  • Outlook: Santa Fe boasts a local workforce of 4,390 individuals in Management Occupations, with 71.574 jobs per 1,000 workers. The Location Quotient of 1.01 indicates a job market that is nearly on par with the national average in terms of concentration, suggesting a stable and consistent demand for management talent within the region.
2024 Market Data

Salary Overview

$114,360

The average Management Occupations in Santa Fe, NM earns-20.5%below the national average.

BreakdownBased on 40h/week
Hourly

$55

Weekly

$2,199

Monthly

$9,530

Management Occupations Salary Distribution in Santa Fe, NM

Salary progression for Management Occupations in Santa Fe typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior management roles command salaries in the upper percentiles. The gap between these levels signifies substantial career growth opportunities and increased earning potential as professionals gain expertise and take on greater responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$58,470$28.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$85,770$41.2
ManagerOversees team, compliance, and project delivery.50% (Median)$104,210$50.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$142,950$68.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$176,510$84.9

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$114,360

Gross Pay

Real Wage (Purchasing Power)

$114,360

Adjusted for COL (100)

The average annual salary of $114,360 in Santa Fe aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a management professional's salary in Santa Fe is equivalent to the national average, offering a stable financial environment for those considering a move.

Job Market Context

4,390

Total Jobs

71.574

Per 1K Jobs

1.01

Location Quotient

Above Average

With a location quotient of 1.01, Santa Fe, NM has a slightly higher-than-average concentration of Management Occupations roles compared to the national norm.

With a Location Quotient of 1.01, Santa Fe's market for Management Occupations is remarkably balanced with the national average. This suggests that while management roles are present and in demand, the market is not oversaturated, nor is it exceptionally scarce, indicating a competitive yet accessible landscape for both employers and job seekers.

Nearby Job Markets

Nearby Cities for Management Occupations

CitySalaryDist.
Albuquerque, NM Management Occupations Salary$126,050↑ 10%54 mi
Eastern New Mexico nonmetropolitan area Management Occupations Salary$115,340↑ 1%59 mi
Northern New Mexico nonmetropolitan area Management Occupations Salary$124,520↑ 9%59 mi

Comparing salaries near Santa Fe, NM

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Santa Fe, NM?

The median annual salary for a Management Occupations in Santa Fe, NM is $114,360. This typically ranges from $58,470 for entry-level positions to $176,510 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Santa Fe, NM is 20.5% lower than the national median of $143,930.

Is Santa Fe, NM a lucrative place for Management Occupationss?

Yes, Santa Fe offers a competitive salary for Management Occupations.The average salary of $114,360 is strong, and with a Cost of Living Index of 100, it provides national-average purchasing power.

Is Santa Fe, NM a good place to live for Management 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 ($126,050) and Eastern New Mexico nonmetropolitan area.

How does Santa Fe's management salary compare to the national average?

The average salary for Management Occupations in Santa Fe is $114,360, which is below the national average of $143,930.

What is the concentration of Management Occupations in Santa Fe?

Santa Fe has a Location Quotient of 1.01 for Management Occupations, indicating a concentration very close to the national average.

How does the Cost of Living in Santa Fe affect salary perception?

Santa Fe's Cost of Living Index is 100, which is the national average. This means the $114,360 salary has the same purchasing power as the national average salary.

What does the job market look like for managers in Santa Fe?

The job market is stable, with 71.574 management jobs per 1,000 workers and a concentration (LQ) of 1.01, suggesting balanced demand and availability.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,390 employees in the Santa Fe, NM area with a job density of 71.574 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Santa Fe, NM