Santa Fe, NM
Population 88,224 · New Mexico
About Santa Fe, NM
Santa Fe is a mid-sized city in New Mexico with a population of 88,224 residents. The median household income is $70,110 per year, which is above the national average. The median age in Santa Fe is 46.4 years.
Housing in Santa Fe has a median home value of $411,500 and median monthly rent of $1,380. Of the 45,529 total housing units, the majority are owner-occupied, with 25,561 owner-occupied and 15,140 renter-occupied units.
The unemployment rate in Santa Fe is 5.1% and the poverty rate is 13.9%. 45.4% of residents hold a bachelor's degree or higher. The average commute time is 20.2 minutes.
How Santa Fe Ranks in New Mexico
Cost of Living in Santa Fe, NM
Compared to national averages, Santa Fe has a median household income of $70,110 (7% below the national median of $75,149). Home values average $411,500, which is 68% above the national median. Monthly rent at $1,380 is 19% above the US average of $1,163. Within New Mexico, Santa Fe's income is 4% above the state average of $67,435, and home values are 76% above the state median of $233,762.
Why Live in Santa Fe, NM?
Santa Fe offers a well-educated community where 45.4% of residents hold a bachelor’s degree or higher, and short commute times averaging just 20.2 minutes.
Potential considerations include median household income ($70,110) that falls below the national average, and a competitive housing market where the typical home costs $411,500. However, as a mid-sized city, Santa Fe provides access to a wide range of amenities and services.
Santa Fe has a population of 88,224 with a median age of 46.4 years. Compare Santa Fe with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Santa Fe
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rio Rancho | 106,533 | $85,755 | $273,300 | Compare |
| Las Cruces | 112,612 | $55,176 | $217,400 | Compare |
| Roswell | 47,823 | $50,294 | $139,200 | Compare |
| Farmington | 46,339 | $63,745 | $225,400 | Compare |
| Hobbs | 39,887 | $65,691 | $180,700 | Compare |
| Clovis | 38,153 | $54,029 | $160,000 | Compare |
| South Valley | 36,605 | $51,062 | $205,200 | Compare |
| Carlsbad | 31,813 | $78,277 | $187,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Mexico
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Santa Fe
What is the population of Santa Fe, NM?
The population of Santa Fe, NM is 88,224 according to the latest Census data.
What is the median household income in Santa Fe?
The median household income in Santa Fe, NM is $70,110 per year.
What is the median home value in Santa Fe?
The median home value in Santa Fe, NM is $411,500.
What is the average rent in Santa Fe?
The median monthly rent in Santa Fe, NM is $1,380.
What is the unemployment rate in Santa Fe?
The unemployment rate in Santa Fe, NM is 5.1%.