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Real Estate Brokers Salary in New Mexico

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

Last updated: 2024 data from the Bureau of Labor Statistics

$77,940
Median Annual Salary
$95,750
Mean Salary
$77,940
Median Salary
$37.47
Hourly Rate
290 people work as Real Estate Brokers in New Mexico

About This Job: Real Estate Brokers

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

Top Skills

Speaking
4.0
Reading Comprehension
3.88
Active Listening
3.88
Critical Thinking
3.88
Active Learning
3.62

Key Knowledge Areas

Sales and Marketing
4.49
Customer and Personal Service
4.26
English Language
4.13
Law and Government
4.0
Administration and Management
3.94
Typical Education: Bachelor's Degree (36.7% of workers)

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

Salary Range: Real Estate Brokers in New Mexico

Salaries for Real Estate Brokers in New Mexico range from $58,730 at the 10th percentile (entry level) to $142,170 at the 90th percentile (experienced). The middle 50% earn between $61,250 and $136,320.

Median $77,940
P10: $58,730 P25: $61,250 P75: $136,320 P90: $142,170
10th
$58,730
25th
$61,250
Median
$77,940
75th
$136,320
90th
$142,170
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $58,730 $28.24 $4,894
25th Percentile $61,250 $29.45 $5,104
Median (50th) $77,940 $37.47 $6,495
75th Percentile $136,320 $65.54 $11,360
90th Percentile (Experienced) $142,170 $68.35 $11,847

Note: The mean (average) salary of $95,750 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 Brokers salary in New Mexico adjusted for cost of living →

Real Estate Brokers Salary by State

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

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Frequently Asked Questions

How much does a Real Estate Brokers make in New Mexico?
The median annual salary for a Real Estate Brokers in New Mexico is $77,940 as of 2024. The average (mean) salary is $95,750.
What is the salary range for a Real Estate Brokers in New Mexico?
Salaries for Real Estate Brokers in New Mexico range from $58,730 at the 10th percentile to $142,170 at the 90th percentile. The middle 50%% earn between $61,250 and $136,320.
What is the starting salary for a Real Estate Brokers in New Mexico?
Entry-level Real Estate Brokers positions in New Mexico typically start around $58,730 (10th percentile). With some experience, salaries rise to $61,250 (25th percentile).
How many people work as Real Estate Brokers in New Mexico?
According to 2024 BLS data, approximately 290 people are employed as Real Estate Brokers in New Mexico.
What is the hourly rate for a Real Estate Brokers in New Mexico?
Based on a standard 2,080-hour work year, the median hourly rate for a Real Estate Brokers in New Mexico is approximately $37.47 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