How much does a Insurance Agent make in New Mexico?
Last updated: 2024 data from the Bureau of Labor Statistics
Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.
Source: O*NET OnLine, U.S. Department of Labor
Salaries for Insurance Agent in New Mexico range from $34,870 at the 10th percentile (entry level) to $147,820 at the 90th percentile (experienced). The middle 50% earn between $36,900 and $74,480.
| Percentile | Annual Salary | Hourly Rate | Monthly |
|---|---|---|---|
| 10th Percentile (Entry Level) | $34,870 | $16.76 | $2,905 |
| 25th Percentile | $36,900 | $17.74 | $3,075 |
| Median (50th) | $46,990 | $22.59 | $3,915 |
| 75th Percentile | $74,480 | $35.81 | $6,206 |
| 90th Percentile (Experienced) | $147,820 | $71.07 | $12,318 |
Note: The mean (average) salary of $68,530 differs from the median because salary distributions are typically skewed by high earners.
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What does this salary really buy? See Insurance Agent salary in New Mexico adjusted for cost of living →
Compare Insurance Agent pay across states — sorted by highest median salary.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.
Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.
Our Methodology · Data Sources · Source: BLS OEWS