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Average Medical Assistants Salary in Santa Fe, NM

Medical Assistants in Santa Fe, New Mexico, earn an average annual salary of $45,620. This figure slightly surpasses the national average of $44,590, indicating a competitive local market. The specific economic conditions and demand within Santa Fe contribute to this slightly elevated compensation.

Executive Summary

  • Average Salary: $45,620 per year.
  • Growth Trend: Salaries have shifted 14.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $52,710.
  • Outlook: Santa Fe's medical assistant job market shows moderate concentration, with a total local workforce of 420 individuals. The Location Quotient of 1.33 suggests that medical assistants are more prevalent in Santa Fe than the national average, implying a steady demand for these professionals within the community.
2024 Market Data

Salary Overview

$45,620

The average Medical Assistants in Santa Fe, NM earns+2.3%above the national average.

BreakdownBased on 40h/week
Hourly

$21.9

Weekly

$877

Monthly

$3,802

Medical Assistants Salary Distribution in Santa Fe, NM

Career progression for Medical Assistants in Santa Fe typically involves salary increases with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles, reflecting their increased value and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$37,430$18
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$34,215$16.4
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$46,740$22.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$57,025$27.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$52,710$25.3

Detailed Medical Assistants Market Analysis

Relocation Context

Nominal Salary

$45,620

Gross Pay

Real Wage (Purchasing Power)

$45,620

Adjusted for COL (100)

With an average annual salary of $45,620 and a Cost of Living Index of 100, Medical Assistants in Santa Fe experience a salary that aligns perfectly with the national average cost of living. This means their earnings have equivalent purchasing power to the national average, offering a stable financial standing.

Job Market Context

420

Total Jobs

6.85

Per 1K Jobs

1.33

Location Quotient

Above Average

With a location quotient of 1.33, Santa Fe, NM has a slightly higher-than-average concentration of Medical Assistants roles compared to the national norm.

The Location Quotient of 1.33 signifies that Santa Fe has a higher concentration of Medical Assistants compared to the national average. This suggests a robust job market with potentially more opportunities and a slightly more competitive environment for new entrants seeking positions.

Nearby Job Markets

Nearby Cities for Medical Assistants

CitySalaryDist.
Albuquerque, NM Medical Assistants Salary$41,790↓ 8%54 mi
Eastern New Mexico nonmetropolitan area Medical Assistants Salary$39,170↓ 14%59 mi
Northern New Mexico nonmetropolitan area Medical Assistants Salary$40,800↓ 11%59 mi

Comparing salaries near Santa Fe, NM

Hiring Medical Assistantss?

Frequently Asked Questions

How much does a Medical Assistants make in Santa Fe, NM?

The median annual salary for a Medical Assistants in Santa Fe, NM is $45,620. This typically ranges from $37,430 for entry-level positions to $52,710 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Santa Fe, NM is 2.3% higher than the national median of $44,590.

Is Santa Fe, NM a lucrative place for Medical Assistants?

Yes, Santa Fe offers competitive compensation for Medical Assistants.Medical Assistants in Santa Fe earn slightly above the national average salary, and with a cost of living index matching the national average, their earnings provide good purchasing power.

Is Santa Fe, NM a good place to live for Medical Assistants?

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 ($41,790) and Eastern New Mexico nonmetropolitan area.

How does Santa Fe's Medical Assistant salary compare nationally?

The average annual salary for Medical Assistants in Santa Fe is $45,620, which is slightly higher than the national average of $44,590.

What is the concentration of Medical Assistants in Santa Fe?

Santa Fe has a Location Quotient of 1.33 for Medical Assistants, indicating a higher concentration than the national average.

How does the cost of living in Santa Fe affect Medical Assistant salaries?

Santa Fe's Cost of Living Index is 100, which is the national average. This means the $45,620 salary has purchasing power equivalent to the national average.

What is the total number of Medical Assistants employed in Santa Fe?

There are approximately 420 Medical Assistants employed within the Santa Fe workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Santa Fe, NM area with a job density of 6.85 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

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