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Economy, jobs and prices in Santa Fe, New Mexico: official figures

The median household income in Santa Fe was $73,482 a year in the 2020-2024 American Community Survey (in 2024 dollars), 329th lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the New Mexico median $64,059.

Median household income
$73,482
2020-2024
Unemployment rate (ACS)
5.1%
2020-2024
Mean travel time to work
21.0 min
2020-2024
Median gross rent (monthly)
$1,463
2020-2024
Median home value (owner-occupied)
$444,900
2020-2024
Homes occupied by their owners
63.6%
2020-2024
Households with a broadband subscription
91.7%
2020-2024

What is the per capita income in Santa Fe?

Income per resident (per capita income) in Santa Fe averaged $50,299 a year in 2020-2024, 222nd highest of 823 US cities of 50,000 or more (US: $44,673; New Mexico: $36,218).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Santa Fe?

Santa Fe's Gini index of household income inequality was 0.478 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 197th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Santa Fe, New Mexico?

5.1% of the civilian labor force in Santa Fe was unemployed on average over 2020-2024 (2,371 people), 380th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and New Mexico's 6.0%.

Source: U.S. Census Bureau · saved copy

What share of people in Santa Fe are working?

61.0% of Santa Fe's 76,727 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 133rd lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Santa Fe have jobs?

44,218 residents of Santa Fe held civilian jobs, 57.6% of those aged 16 and over (US: 59.7%), and 206 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Santa Fe?

The largest industry group for working residents of Santa Fe was education, health care and social assistance (24.2% of employed residents), followed by professional, scientific, management and administrative services (16.8%) and arts, entertainment, recreation, accommodation and food services (13.1%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Santa Fe work in manufacturing?

Manufacturing employed 3.0% of working residents of Santa Fe, 14th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 16.8% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Santa Fe, New Mexico?

Commuters in Santa Fe took 21.0 minutes on average to get to work in 2020-2024, 199th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 5.4% travelled an hour or more and 35.4% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Santa Fe get to work?

17.3% of workers living in Santa Fe worked from home in 2020-2024, 285th highest of 823 US cities of 50,000 or more (US: 15.1%). 68.6% drove to work alone, 8.2% carpooled, 1.1% used public transport and 2.7% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Santa Fe, New Mexico?

The median gross rent (rent plus utilities) in Santa Fe was $1,463 a month in 2020-2024, 350th lowest of 823 US cities of 50,000 or more (US: $1,413; New Mexico: $1,067).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Santa Fe?

Owner-occupied homes in Santa Fe had a median value of $444,900 in 2020-2024 as estimated by their owners, 333rd highest of 823 US cities of 50,000 or more (US: $332,700; New Mexico: $248,100).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Santa Fe?

The median home value in Santa Fe was 6.1 times the median household income, 206th highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Santa Fe, New Mexico own their home?

63.6% of the 41,921 occupied homes in Santa Fe were lived in by their owners in 2020-2024 and 15,275 were rented, 285th highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; New Mexico: 70.0%).

Source: U.S. Census Bureau · saved copy

What share of homes in Santa Fe have broadband?

91.7% of households in Santa Fe had a broadband internet subscription of some type in 2020-2024, 336th lowest of 823 US cities of 50,000 or more (US: 91.0%; New Mexico: 86.5%).

Source: U.S. Census Bureau · saved copy

How many households in Santa Fe have no internet?

6.3% of households in Santa Fe (2,634) had no internet access at home in 2020-2024, 253rd highest of 823 US cities of 50,000 or more (US: 6.5%); 10.3% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Santa Fe compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Santa Fe ranks 495 of 823, highest first.

RankCityMedian household income (2024 dollars)
492Cathedral City$73,572
493Glendale$73,530
494St. Clair Shores$73,500
495Santa Fe$73,482
496Odessa$73,472
497West Palm Beach$73,446
498Janesville$73,446
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Santa Fe ranks 222 of 823, highest first.

RankCityPer capita income (2024 dollars)
219Apple Valley$50,382
220Round Rock$50,365
221Ankeny$50,306
222Santa Fe$50,299
223Henderson$50,228
224Fullerton$50,180
225Chicago$50,086
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Santa Fe ranks 197 of 823, highest first.

RankCityGini index of household income inequality
194Duluth0.478
195Worcester0.478
196Edinburg0.478
197Santa Fe0.478
198Portland0.478
199South Bend0.478
200Bethlehem0.478
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Santa Fe ranks 444 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
441Evansville5.1%
442Columbus5.1%
443Provo5.1%
444Santa Fe5.1%
445Asheville5.1%
446Indianapolis5.1%
447Corpus Christi5.1%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Santa Fe ranks 691 of 823, highest first.

RankCityLabor force participation rate (16 and over)
688Diamond Bar61.1%
689Yuba City61.0%
690College Station61.0%
691Santa Fe61.0%
692Topeka61.0%
693Fountain Valley60.9%
694Highland60.9%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Santa Fe ranks 625 of 823, highest first.

RankCityMean travel time to work (minutes)
622West Allis21.0
623Albany21.0
624Bloomington21.0
625Santa Fe21.0
626Palm Desert21.0
627Temple21.0
628Baton Rouge21.0
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Santa Fe ranks 285 of 823, highest first.

RankCityWorkers who worked from home
282Bolingbrook17.4%
283Concord17.4%
284Eastvale17.4%
285Santa Fe17.3%
286Champaign17.3%
287Santee17.3%
288Eugene17.3%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Santa Fe ranks 417 of 823, highest first.

RankCityWorkers commuting by public transportation
414Woodbury1.1%
415Fayetteville1.1%
416Billings1.1%
417Santa Fe1.1%
418Sandy1.1%
419Methuen1.1%
420Melbourne1.1%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Santa Fe ranks 810 of 823, highest first.

RankCityEmployed residents working in manufacturing
807Rockville3.2%
808Boynton Beach3.1%
809East Orange3.1%
810Santa Fe3.0%
811Olympia2.9%
812Fort Myers2.9%
813New York2.9%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Santa Fe ranks 310 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
307Harrisburg24.2%
308Bristol24.2%
309Suffolk24.2%
310Santa Fe24.2%
311Virginia Beach24.2%
312Chicago24.2%
313Tempe24.1%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Santa Fe ranks 474 of 823, highest first.

RankCityMedian gross rent per month
471Coeur d'Alene$1,468
472Jacksonville$1,465
473Passaic$1,465
474Santa Fe$1,463
475Smyrna$1,461
476Hoover$1,457
477Yuba City$1,454
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Santa Fe ranks 333 of 823, highest first.

RankCityMedian value of owner-occupied homes
330Elizabeth$449,300
331Marietta$448,500
332Lancaster$446,600
333Santa Fe$444,900
334Colton$443,800
335Modesto$442,700
336Stockton$440,900
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Santa Fe ranks 203 of 820, highest first.

RankCityMedian home value as a multiple of median household income
200Draper6.1x
201Woodland6.1x
202Manteca6.1x
203Santa Fe6.1x
204San Marcos6.1x
205Fort Myers6.0x
206East Orange6.0x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Santa Fe ranks 285 of 823, highest first.

RankCityOccupied homes lived in by their owners
282North Las Vegas63.6%
283Antioch63.6%
284Placentia63.6%
285Santa Fe63.6%
286Grand Junction63.5%
287North Richland Hills63.5%
288Columbia63.3%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Santa Fe ranks 488 of 823, highest first.

RankCityHouseholds with a broadband subscription
485Fort Lauderdale91.8%
486Commerce City91.8%
487Las Vegas91.7%
488Santa Fe91.7%
489Lauderhill91.7%
490Stockton91.7%
491Atlanta91.7%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Santa Fe ranks 253 of 823, highest first.

RankCityHouseholds with no internet access
250Wichita6.3%
251Pompano Beach6.3%
252Temple6.3%
253Santa Fe6.3%
254Cathedral City6.3%
255Urban Honolulu6.3%
256Phoenix6.3%
Source: U.S. Census Bureau · saved copy

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Sources

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