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Average Nurse Practitioners Salary in Santa Fe, NM

The average salary for a Nurse Practitioners in Santa Fe, NM is $138,440. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Santa Fe, NM is a key hub for this profession, with a job concentration 1.34x higher than average.

Executive Summary

  • Average Salary: $138,440 per year.
  • Growth Trend: Salaries have shifted 24.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $165,780.
  • Outlook: The current demand for Nurse Practitionerss is stable, with a local workforce of approximately 160 professionals. This role remains a specialized component of the broader Santa Fe, NM economy.
2024 Market Data

Salary Overview

$138,440

The average Nurse Practitioners in Santa Fe, NM earns+5.1%above the national average.

BreakdownBased on 40h/week
Hourly

$66.6

Weekly

$2,662

Monthly

$11,537

Nurse Practitioners Salary Distribution in Santa Fe, NM

The earning potential for Nurse Practitionerss in Santa Fe, NM varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $103,800, while highly experienced professionals can command wages upwards of $165,780.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$103,800$49.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$103,830$49.9
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$144,400$69.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$173,050$83.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$165,780$79.7

Detailed Nurse Practitioners Market Analysis

Relocation Context

Nominal Salary

$138,440

Gross Pay

Real Wage (Purchasing Power)

$138,440

Adjusted for COL (100)

In Santa Fe, NM, the Cost of Living Index is 100. This increases your effective purchasing power from $138,440 to $138,440.

Job Market Context

160

Total Jobs

2.664

Per 1K Jobs

1.34

Location Quotient

Above Average

With a location quotient of 1.34, Santa Fe, NM has a slightly higher-than-average concentration of Nurse Practitioners roles compared to the national norm.

160 people work as Nurse Practitioners in Santa Fe, NM.

Moderate density — roughly 2.664 out of every 1,000 local jobs are in this profession.

Nearby Job Markets

Nearby Cities for Nurse Practitioners

Comparing salaries near Santa Fe, NM

Hiring Nurse Practitionerss?

Frequently Asked Questions

How much does a Nurse Practitioners make in Santa Fe, NM?

The median annual salary for a Nurse Practitioners in Santa Fe, NM is $138,440. This typically ranges from $103,800 for entry-level positions to $165,780 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Santa Fe, NM is 5.1% higher than the national median of $131,710.

Is Santa Fe, NM a good place for Nurse Practitionerss?

Yes, Santa Fe, NM is an excellent location for Nurse Practitionerss. It offers both higher-than-average salaries ($138,440) and a high concentration of job opportunities. See distinct detailed breakdown below.

Is Santa Fe, NM a good place to live for Nurse Practitioners?

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 ($133,640) and Eastern New Mexico nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 160 employees in the Santa Fe, NM area with a job density of 2.664 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.