Everything You Need to Know About the City of Santa Fe New Mexico

In 2017, Santa Fe, NM had a population of 83k people with a median age of 42.8 and a median household income of $53,922 dollars. Between 2016 and 2017 the population of Santa Fe, NM grew from 82,927 to 82,980, a 0.0639 percent increase and its median household income grew from $51,572 dollars to $53,922 dollars, a 4.56 percent increase.

The population of Santa Fe, NM is 54.7 percent Hispanic or Latino, 40 percent White Alone, and 1.49 percent American Indian & Alaska Native Alone. N/A percent of the people in Santa Fe, NM speak a non-English language, and 90.1 percent are U.S. citizens.

The largest universities in Santa Fe, NM are Santa Fe University of Art and Design (161 degrees awarded in 2017), St. John’s College (245652) (99 degrees), and Vogue College of Cosmetology-Santa Fe (43 degrees).

The median property value in Santa Fe, NM is $265,000 dollars, and the homeownership rate is 62.5 percent. Most people in Santa Fe, NM commute by Drove Alone, and the average commute time is 17.9 minutes. The average car ownership in Santa Fe, NM is 2 cars per household.

 

Education in Santa Fe

In 2017, universities in Santa Fe, New Mexico awarded 365 degrees. The student population of Santa Fe, NM is skewed towards women, with 328 male students and 495 female students.

Most students graduating from Universities in Santa Fe, NM are White (193 and 56.9 percent), followed by Hispanic or Latino (92 and 27.1 percent), Two or More Races (15 and 4.42 percent), and Black or African American (14 and 4.13 percent).

The largest universities in Santa Fe, NM by the number of degrees awarded are Santa Fe University of Art and Design (161 and 44.1 percent), St. John’s College (245652) (99 and 27.1 percent), and Vogue College of Cosmetology-Santa Fe (43 and 11.8 percent).

The most popular majors in Santa Fe, NM are Liberal Arts & Sciences (82 and 22.5 percent), Cinematography & Film Production (56 and 15.3 percent), and General Cosmetology (28 and 7.67 percent).

The median tuition costs in Santa Fe, NM is $51,200 dollars for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Santa Fe

The economy of Santa Fe, NM employs 40.3k people and Santa Fe has an unemployment rate of 4.0 percent. Santa Fe has seen the job market increase by 3.1 percent over the last year. Future job growth over the next ten years is predicted to be 30.1 percent, which is lower than the US average of 33.5 percent. The largest industries in Santa Fe, NM are Retail Trade (5,256 people), Accommodation & Food Services (4,653 people), and Health Care & Social Assistance (5,133 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($77,298 dollars), Agriculture, Forestry, Fishing & Hunting, & Mining ($73,906 dollars), and Professional, Scientific, & Technical Services ($63,216 dollars).

Households in Santa Fe, NM have a median annual income of $53,922 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $51,572 dollars in 2016, which represents a 4.56 percent annual growth.

 

Tax Rates for Santa Fe

– The Sales Tax Rate for Santa Fe is 8.4 percent.

– The Income Tax Rate for Santa Fe is 4.9 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Santa Fe

– The average earnings of a Santa Fe resident are $33,967 dollars a year.

– The Median household earnings of a Santa Fe resident is $50,213 dollars a year.