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Real Estate Agent Salary in New Mexico

How much does a Real Estate Agent make in New Mexico?

Last updated: 2024 data from the Bureau of Labor Statistics

$79,790
Median Annual Salary
$83,760
Mean Salary
$79,790
Median Salary
$38.36
Hourly Rate
810 people work as Real Estate Agent in New Mexico

About This Job: Real Estate Agent

Rent, buy, or sell property for clients. Perform duties such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.

Top Skills

Active Listening
4.0
Speaking
4.0
Negotiation
3.88
Social Perceptiveness
3.75
Coordination
3.75

Key Knowledge Areas

Customer and Personal Service
4.84
Sales and Marketing
4.7
English Language
4.35
Law and Government
3.95
Administrative
3.75
Typical Education: High School Diploma or Equivalent (42.9% of workers)

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

Salary Range: Real Estate Agent in New Mexico

Salaries for Real Estate Agent in New Mexico range from $36,080 at the 10th percentile (entry level) to $155,370 at the 90th percentile (experienced). The middle 50% earn between $60,390 and $112,190.

Median $79,790
P10: $36,080 P25: $60,390 P75: $112,190 P90: $155,370
10th
$36,080
25th
$60,390
Median
$79,790
75th
$112,190
90th
$155,370
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $36,080 $17.35 $3,006
25th Percentile $60,390 $29.03 $5,032
Median (50th) $79,790 $38.36 $6,649
75th Percentile $112,190 $53.94 $9,349
90th Percentile (Experienced) $155,370 $74.70 $12,947

Note: The mean (average) salary of $83,760 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Real Estate Agent salary in New Mexico adjusted for cost of living →

Real Estate Agent Salary by State

Compare Real Estate Agent pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Real Estate Agent make in New Mexico?
The median annual salary for a Real Estate Agent in New Mexico is $79,790 as of 2024. The average (mean) salary is $83,760.
What is the salary range for a Real Estate Agent in New Mexico?
Salaries for Real Estate Agent in New Mexico range from $36,080 at the 10th percentile to $155,370 at the 90th percentile. The middle 50%% earn between $60,390 and $112,190.
What is the starting salary for a Real Estate Agent in New Mexico?
Entry-level Real Estate Agent positions in New Mexico typically start around $36,080 (10th percentile). With some experience, salaries rise to $60,390 (25th percentile).
How many people work as Real Estate Agent in New Mexico?
According to 2024 BLS data, approximately 810 people are employed as Real Estate Agent in New Mexico.
What is the hourly rate for a Real Estate Agent in New Mexico?
Based on a standard 2,080-hour work year, the median hourly rate for a Real Estate Agent in New Mexico is approximately $38.36 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