Insurance Sales Agents Pay Range in New Mexico
Pay distribution across experience levels
- 10th Percentile — Entry Level$29,290
- 25th Percentile — Junior$36,500
- 50th Percentile — Median$45,180
- 75th Percentile — Senior$71,000
- 90th Percentile — Top Earners$99,340
Half of Insurance Sales Agents in New Mexico earn more than $45,180. The top 10% make $99,340 or more, while entry-level workers start around $29,290.
Insurance Sales Agents in New Mexico: Key Facts
Source: BLS OEWS May 2025
- New Mexico ranks 51st of 51 states for Insurance Sales Agents pay, at $59,040 per year (27.5% below the U.S. average of $81,480).
- 2,200 people work as Insurance Sales Agents in New Mexico — 0.5% of all U.S. Insurance Sales Agents jobs.
- Location quotient 0.82: Insurance Sales Agents jobs are less concentrated in New Mexico than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $29,290; the top 10% earn over $99,340.
- Hourly equivalent: $28.38 per hour (2,080 hours/year).
- The highest-paying state is District of Columbia at $119,380.
- Among sales jobs in New Mexico, Securities Commodities Financial Services Sales pays the most ($87,070).
Insurance Sales Agents Job Market in New Mexico
Key factors affecting compensation
New Mexico's key industries are Government, Energy, Tourism, and its job market is rated moderate. Insurance Sales Agents here earn $59,040 on average, placing the state 51st nationally.
With a cost-of-living index of 0.88 (U.S. = 1.00), a New Mexico salary of $59,040 is roughly equivalent to $67,091 at the national average cost of living.
Compared with nearby states in the pay ranking, Alaska ($62,800), Delaware ($62,100), Nevada ($60,800) are the closest alternatives for Insurance Sales Agents weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Sales Jobs in New Mexico
Related career salary benchmarks
- Securities Commodities Financial Services Sales $87,070/yr New Mexico +47.5% vs this role
- Real Estate Agents $85,520/yr New Mexico +44.9% vs this role
- Sales Reps Wholesale and Manufacturing $70,330/yr New Mexico +19.1% vs this role
- Advertising Sales Agents $54,290/yr New Mexico 8.0% vs this role
- First-Line Supervisors of Retail Sales Workers $51,030/yr New Mexico 13.6% vs this role
- Travel Agents $41,330/yr New Mexico 30.0% vs this role
- Retail Salespersons $35,500/yr New Mexico 39.9% vs this role
- Cashiers $32,170/yr New Mexico 45.5% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Insurance Sales Agents salary in New Mexico?
The average Insurance Sales Agents salary in New Mexico is $59,040 per year (median $45,180), which is 27.5% below the national average of $81,480.
How does New Mexico rank for Insurance Sales Agents pay?
New Mexico ranks 51st out of 51 states. The highest-paying state is District of Columbia ($119,380/yr).
How much do entry-level Insurance Sales Agents make in New Mexico?
The lowest-paid 10% of Insurance Sales Agents in New Mexico earn about $29,290 per year and the 25th percentile is $36,500.
How much do Insurance Sales Agents make per hour in New Mexico?
About $28.38 per hour, based on the $59,040 annual average and 2,080 working hours per year.
How many Insurance Sales Agents work in New Mexico?
BLS counts 2,200 Insurance Sales Agents jobs in New Mexico (OEWS May 2025).
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