Insurance Sales Agents Salary in New Mexico

How much does a Insurance Sales Agents make in New Mexico?

Last updated: 2024 data from the Bureau of Labor Statistics

$47,750
Median Annual Salary
$71,680
Mean Salary
$47,750
Median Salary
$22.96
Hourly Rate
2,000 people work as Insurance Sales Agents in New Mexico

About This Job: Insurance Sales Agents

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.

Top Skills

Reading Comprehension
4.0
Active Listening
3.88
Speaking
3.88
Critical Thinking
3.75
Writing
3.62

Key Knowledge Areas

Customer and Personal Service
4.69
Sales and Marketing
4.62
English Language
4.1
Mathematics
3.58
Law and Government
3.54
Typical Education: Associate's Degree (15.8% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Insurance Sales Agents in New Mexico

Salaries for Insurance Sales Agents in New Mexico range from $31,670 at the 10th percentile (entry level) to $161,780 at the 90th percentile (experienced). The middle 50% earn between $37,210 and $76,010.

Median $47,750
P10: $31,670 P25: $37,210 P75: $76,010 P90: $161,780
10th
$31,670
25th
$37,210
Median
$47,750
75th
$76,010
90th
$161,780
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $31,670 $15.23 $2,639
25th Percentile $37,210 $17.89 $3,100
Median (50th) $47,750 $22.96 $3,979
75th Percentile $76,010 $36.54 $6,334
90th Percentile (Experienced) $161,780 $77.78 $13,481

Note: The mean (average) salary of $71,680 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 Sales Agents salary in New Mexico adjusted for cost of living →

How much do you actually take home? See Insurance Sales Agents take-home pay in New Mexico after taxes →

Insurance Sales Agents Salary by State

Compare Insurance Sales Agents pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Insurance Sales Agents make in New Mexico?
The median annual salary for a Insurance Sales Agents in New Mexico is $47,750 as of 2024. The average (mean) salary is $71,680.
What is the salary range for a Insurance Sales Agents in New Mexico?
Salaries for Insurance Sales Agents in New Mexico range from $31,670 at the 10th percentile to $161,780 at the 90th percentile. The middle 50%% earn between $37,210 and $76,010.
What is the starting salary for a Insurance Sales Agents in New Mexico?
Entry-level Insurance Sales Agents positions in New Mexico typically start around $31,670 (10th percentile). With some experience, salaries rise to $37,210 (25th percentile).
How many people work as Insurance Sales Agents in New Mexico?
According to 2024 BLS data, approximately 2,000 people are employed as Insurance Sales Agents in New Mexico.
What is the hourly rate for a Insurance Sales Agents in New Mexico?
Based on a standard 2,080-hour work year, the median hourly rate for a Insurance Sales Agents in New Mexico is approximately $22.96 per hour.

Data Source & Methodology

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

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