Santa Fe County, NM Economy


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United States / New Mexico / / Santa Fe County / Cities / Zip Codes
Santa Fe,NM County is a beautiful area with plenty of outdoor attractions and local businesses for residents to enjoy. Area companies include Meow Wolf, Santa Fe Brewing Company, Second Street Brewery, SantaFe New Mexican Newspaper, Meow Wolf and Artist Collective. The cost of living in Santa Fe is lower than the US average in terms of rent and grocery prices; with 2 bedroom rent being $1,250 compared to the US average of $1,430 and grocery cost index being 101 compared to 100. This makes Santa Fe an ideal place to live for those looking for a more cost-effective lifestyle.

Santa Fe County has an unemployment rate of 7.5%. The US average is 6.0%.

Santa Fe County has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 30.5%, which is lower than the US average of 33.5%.

Tax Rates for Santa Fe County
- The Sales Tax Rate for Santa Fe County is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Santa Fe County is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Santa Fe County
- The average income of a Santa Fe County resident is $32,454 a year. The US average is $28,555 a year.
- The Median household income of a Santa Fe County resident is $64,423 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySanta Fe, New MexicoUnited States
  7.56
  -8.0%-6.2%
  30.5%33.5%
  7.1%6.2%
  4.9%4.6%
  $40,952$37,638
  $64,423$69,021
  $77,421$85,028
  Population by Occupation
  0.6%1.2%
  0.4%0.5%
  6.9%6.8%
  2.2%10.0%
  1.0%2.5%
  11.6%11.0%
  2.8%4.8%
  0.6%0.8%
  1.3%1.9%
  2.6%4.7%
  1.8%1.9%
  11.8%7.6%
  0.0%0.1%
  4.5%4.2%
  8.8%9.3%
  13.5%14.0%
  4.0%2.1%
  9.3%7.0%
  6.3%4.8%
  10.0%4.7%
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