Business & Finance Santa Fe, NM Pop. 87,505

Economist Salary in Santa Fe, New Mexico

The median economist salary in Santa Fe, NM is $125,334 per year, which is 10.0% above the national median and 18.3% above the New Mexico state average.

City Median
$125,334
vs State Avg
+$19,370
vs National
+$11,394
Cost of Living
110%

Economist Salary in Santa Fe by Experience

In Santa Fe, an entry-level economist earns around $71,500, while experienced professionals earn up to $203,500 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$71,500
+$6,500 vs national
Mid Level (3-7 yrs)
$126,500
+$11,500 vs national
Senior Level (8+ yrs)
$203,500
+$18,500 vs national

Salary Percentiles in Santa Fe, NM

Percentile Santa Fe
10th Percentile $68,200
25th Percentile $90,200
Median (50th) $125,334
75th Percentile $170,500
90th Percentile $217,800

Economist Salary in Other New Mexico Cities

Albuquerque, NM
$108,243
Pop. 564,559
Rio Rancho, NM
$104,825
Pop. 104,046
Las Cruces, NM
$100,267
Pop. 111,385
Roswell, NM
$93,431
Pop. 48,422

How to Become a Economist in Santa Fe

Education

Most economist positions require a master's degree. Santa Fe and the surrounding New Mexico area have institutions offering relevant programs.

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Demand in Santa Fe may vary based on local industry and population growth.