Real Estate Agents Pay Range in New Mexico
Pay distribution across experience levels
- 10th Percentile — Entry Level$38,340
- 25th Percentile — Junior$56,880
- 50th Percentile — Median$76,170
- 75th Percentile — Senior$111,390
- 90th Percentile — Top Earners$151,560
Half of Real Estate Agents in New Mexico earn more than $76,170. The top 10% make $151,560 or more, while entry-level workers start around $38,340.
Real Estate Agents in New Mexico: Key Facts
Source: BLS OEWS May 2025
- New Mexico ranks 6th of 48 states for Real Estate Agents pay, at $85,520 per year (23.0% above the U.S. average of $69,510).
- 550 people work as Real Estate Agents in New Mexico — 0.3% of all U.S. Real Estate Agents jobs.
- Location quotient 0.51: Real Estate Agents jobs are less concentrated in New Mexico than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $38,340; the top 10% earn over $151,560.
- Hourly equivalent: $41.12 per hour (2,080 hours/year).
- The highest-paying state is New York at $112,730.
- Among sales jobs in New Mexico, Securities Commodities Financial Services Sales pays the most ($87,070).
Real Estate 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. Real Estate Agents here earn $85,520 on average, placing the state 6th nationally.
With a cost-of-living index of 0.88 (U.S. = 1.00), a New Mexico salary of $85,520 is roughly equivalent to $97,182 at the national average cost of living.
Compared with nearby states in the pay ranking, District of Columbia ($99,500), New Jersey ($92,310), Montana ($89,580) are the closest alternatives for Real Estate 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 +1.8% vs this role
- Sales Reps Wholesale and Manufacturing $70,330/yr New Mexico 17.8% vs this role
- Insurance Sales Agents $59,040/yr New Mexico 31.0% vs this role
- Advertising Sales Agents $54,290/yr New Mexico 36.5% vs this role
- First-Line Supervisors of Retail Sales Workers $51,030/yr New Mexico 40.3% vs this role
- Travel Agents $41,330/yr New Mexico 51.7% vs this role
- Retail Salespersons $35,500/yr New Mexico 58.5% vs this role
- Cashiers $32,170/yr New Mexico 62.4% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Real Estate Agents salary in New Mexico?
The average Real Estate Agents salary in New Mexico is $85,520 per year (median $76,170), which is 23.0% above the national average of $69,510.
How does New Mexico rank for Real Estate Agents pay?
New Mexico ranks 6th out of 48 states. The highest-paying state is New York ($112,730/yr).
How much do entry-level Real Estate Agents make in New Mexico?
The lowest-paid 10% of Real Estate Agents in New Mexico earn about $38,340 per year and the 25th percentile is $56,880.
How much do Real Estate Agents make per hour in New Mexico?
About $41.12 per hour, based on the $85,520 annual average and 2,080 working hours per year.
How many Real Estate Agents work in New Mexico?
BLS counts 550 Real Estate Agents jobs in New Mexico (OEWS May 2025).
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